Use every advantage you have
Connections. Looks. Money. Family. Whatever.
You grinded 5 years and learned enough to make a course and an extra $1M because of it?
Do it
You don’t get extra points or money because you did it the harder way
The goal is to win
I'm going to let you in on a little secret...
You are the biggest bottleneck to your success.
Take action.
Make mistakes.
Learn.
Iterate.
Improve.
Stop overthinking shit.
There’s a whole new generation of founders who are going to buy businesses and turn them into holding companies with software and AI:
how they’ll do it:
step 1: acquire niche business at an attractive price
step 2: create internet distribution to scale customer base
step 3: build AI-assisted software to increase margins/make product more attractive
step 4: recycle cash-flow to buy more businesses
>be a solo founder in Estonia running a SaaS startup from my laptop
>get first customer in France
>spend 3 days learning French VAT rules
>get second customer in Germany
>German VAT is different, apparently 16% on Tuesdays
>VIES portal down again
>invoice rejected because sequential number has wrong font
>pay 500€ for VAT consultant to tell me I owe 12€
>GDPR email arrives from Austrian data authority
>it's about a user who signed up with a fake email
>accountant says I need a local rep in 7 countries now
>total revenue: 78€
>total compliance cost: 2,400€
>EU says they're "supporting innovation"
>close laptop, apply for remote job at US startup instead
For a very long time, I was into software, believing I could make it big only in this way. Oh boy, I was wrong there, so many other problems people have, simpler problems, that could be much more easily solved and monetized upon.
I'd say fuck complexity.
Now now, it's been a lot since I've posted something here.
I'm not the type to write things without a reason, stay tuned for cool updates and insights here.
@ionutlogs There's a difference between MRR and actual living cost expenses, let's say actual living costs about 1500 euros and we'll be good, but for peace of mind ?
Alt least double.
@JamesonCamp That's fucking nuts, something similar could be done for other type of Internet WebApps, say in certain parts of the day your app gets shown on a high authority domain.