Things that kill a one-person business:
1. A big ego
2. Not networking
3. Not having a VA
4. No experimenting
5. Ignoring feedback
6. Too many meetings
7. Very little marketing
8. Not saying “no” enough
9. Lack of business systems
Avoid as many of these as possible.
@thejustinwelsh I think that everyones goal should be to create a lifestyle worth remembering.
Being with family & friends , creating value to society and not having a financial burden on your shoulders.
Entrepreneurship is the way to create that lifestyle.
How to improve your luck:
- Make noise
- Hone in on signal
- Double down on that
- Support others
- Engage regularly
- Turn great engagements into 1:1s
- Turn 1:1s into meaningful relationships
The more relationships you build, the more your luck intensifies.
@sweatystartup Upgrading an old idea is way better than inventing something completely new.
At least when you starting out.
Once you have experience, capital and network then you can start your innovative & ground breaking idea 😉
@ItsKieranDrew Friends inputs can be a double edged sword.
Most of the time, they will lie trying not to hurt your feelings.
Inputs from strangers are WAY better indicators for product market fit.
@stijnnoorman Totaly agree. People are so inclined to get that “instant gratification” that they throw away something that could be 10x better & bigger in the future.