Business owners: I buy and scale companies. I make more free stuff to help you scale here:
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Thank you bro.. I was like them other people 6 months ago lol
Process of elimination and executing factors
Is this for big companies only or can be used for a small business?
Go take gear
Most aspirants got stuck at step 4
But you can't do any of those thigns without a clear business idea. A bank isn't going to open an account with you if you are not clear on what you are doing. I think the number 1 roadblock for most people is actually coming up with an idea and this is the one thing no one addresses.
Iโd recommend doing step four for six months to see if there is any chance of success before wasting time and money with 1-3.
Iโm still writing some stuff down on a napkin, you know, just been busy with stuff bro.
I've been involved with crypto since 2016 and
I'm actually glad I did back then as it was a
water flow moment for me financially, the
smartest move l've ever made in my life
Working very hard on stage 4 as we speak
Fake Andrew tate ๐ญ
But what you donโt get is, WHAT IF? That stranger sues you for any damages that are more than your net worth?
Why he doesnโt tell you is that it is not that easy to sell goods or services when EVERYONE ELSE IS DOING THE SAME
Being an entrepreneur is not easy guys but don't be discouraged.ย Here's good points.
1. Solve a problem and offer a better solution. So dont think of an idea. Think of a problem to solve. This is very important.
2. Go after niche markets that you can dominate and once you enter have majority of market share, you offer a better solution to your specific group of customers.
3. If you don't have large reserves of money it will be hard to compete in mature markets. So target fast growing markets or find a way to offer a differentiated solution
So live in the future and build something you really want and it solves a problem.
And have mindset and visualization where you want to be do this daily. You have to read: Think and grow rich, and 7 habits of highly effective people, and zero to one.
Provide value to a stranger in exchange for money.
How do you value a business?
wantepreneurs
1. Obtain Articles Of Incorporation
2. Take Said Articles, Go To Bank, Open Account
3. Connect Payment Processor To Said Account To Collect Money
4. Add Value
Being an entrepreneur is not easy guys but don't be discouraged.ย Here's good points.
1. Solve a problem and offer a better solution. So dont think of an idea. Think of a problem to solve. This is very important.
2. When you have a problem offer a solution that is differentiated either lower cost or better quality
3. If you don't have large reserves of money it will be hard to compete in mature markets. So target fast growing markets or find a way to offer a differentiated solution
So live in the future and build something you really want and it solves a problem.
And have mindset and visualization where you want to be do this daily. You have to read: Think and grow rich, and 7 habits of highly effective people.
ACTION ACTION ACTION!
Kgf
The true point is- once those steps are covered and the business starts, if you dont hit sales targets to cover bills, youre gonna go out of business fast anyway. The ones that start fast amd fail fast, learn and start again and dont give up after failing will succeed.
How much do those things cost? Also do you need to have a branded name or logo or company?
Three steps
Step 1 : start a business
Step 2 : earn some money
Step 3 : use that money to get a frickin haircut
Very useful, weโre always told that LLC is the first step
๐ฃ๏ธ Start with Step 4 ๐ฃ๏ธ
-The Crazy Tax Lady
You have no idea if the information is trash or not. This video has 150,000 views yet only north of 600 comments. Thatโs so off itโs hard to ignore.
Who else is stuck on step 4?๐
Starting a business is that hardest thing but the rewards make it up for that, just start!
Just curious, do you do the financial part of the business plan by yourself or you pay an accountant? (I'm feeling incompetent because I can't get the numbers right)
Ehโฆdepends on what you are trying to do. This advice is lukewarm.
๐
Is the first step recommended for small businesses?
Because they just talk. Some are fast some are slow but some just talk and do not do–the tortoise always wins the race.
everyone stuck on step 4… ๐
I disagree with this video. Don't spend money trying to build a business until you have a value prop.
Do you even need to do this or can I just skip and get to selling? Or is that illegal
No
The first 3 steps take about 1 maybe 3 days if youre slow
Yappinomics.
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Cut your dev time… quick start Zanza Bee
1. Get an articles of incorporation
2. Take articles to bank & open a bank account
3. Connect payment processor to bank account
4. Provide value to a stranger in exchange for money ๐ฐ ๐ค
๐๐