Thread: Entrepreneurial Journeys

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  1. #11  
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    Quote Originally Posted by Andrew View Post
    I've watched/read plenty of Gary Vee, Tai Lopez, Tony Robbins, & at the end of the day, they are all motivational speakers & have only gained a following due to paid advertisements through social media marketing. Which is not bad by any means, as that's what I am attempting to do with small businesses. However there are many errors to what have made claims to. Working on projects as well as being an entrepreneur does not necessarily mean you spread yourself thin & they certainly aren't mutually exclusive, it's all about time management. I highly suggest http://gsl.mit.edu/media/programs/so...rials/0to1.pdf for a read if you are interested. Also " if you're not making money or gaining future potential customers (interest) within the first week, you should stop. " is nearly impossible, especially because sales are dependent on industry & product or service that you provide for an individual or a company. If you are a software company, it will be nearly impossible to program an entire full scale operation within a week & sell it, if you are trying to have an e-commerce business, odds are you will not be able to generate profits within a week, as it requires time to break-even depending on how high your marketing budget is as well as your outreach. That is where concepts such as lean start-ups & MVPs come into play. I recommend this book for your reading: http://www.stpia.ir/files/The%20Lean%20Startup%20.pdf Also in regards to stick with a niche, that is also not always the case, especially when it comes to growing a business that will eventually turn into a conglomerate . The best business is not a niche, but a business that only operates in niches , meaning multiple revenue streams from niche products. If you can generate enough income from a variety of incomes; then that is great & extremely possible given the digital age that we are currently living in, multiple revenue streams are key to financially freedom in today's time; & is much easier with concepts such as drop-shipping, boxed services, freelancing, etc.. The beauty of entrepenuership today, especially if you want to deal with products, is everyone has the same opportunity to find suppliers to create products. You can just go on Manufacturers, Suppliers, Exporters & Importers from the world's largest online B2B marketplace-Alibaba.com & find a manufacturer, which comes in to play, where you will not generate a profit in a week. When it comes to speakers, I listen to primarily CEOs of successful companies; my favorites are Elon Musk, Jack Ma (CEO of Alibaba), Zuckerberg, Gates, & I love listening to Buffet. Gary, Tai, & all those motivational speakers just don't do it for me, they have some good pieces of advice from time to time, but at the end of the day, they are just a marketing agency at their roots. Also in regards to an "entrepreneurs" & "working on multiple projects" contradicting themselves, that is absolutely not the case. True Entrepreneurs focus on personal development, growth, & impact. No one idea, product, or service can achieve that. In-order to grow you need to always be progressing & staying to date with the time & market. Steve Wosniak, when he co-created Apple, was working a 9-5 (to have income) while working on Apple as side-project; 35 years later, Apple is the #1 company in the world with a marketcap of 750B+. You always need to have streams of income to be able to sustain your long-term goals. In terms of how I am working towards my goals, I am focusing in on software for data-science & app development (with my social media app); as-well as consult for others to be able to generate streams of income to support yourself, as supporting yourself is key, as well as being frugal with your expenses. I'm hoping to be able to combine an A.I. into a personal development application once I finish my courses & during all of this I am applying for financial investment positions (hoping to for an investment associate at an investment bank).

    Also some great books to read for entrepenuership 19 Free Ebooks for Entrepreneurs and Startups You Can Download Now && a book called the 10% entrepreneur is also a great read
    Gary is good for getting you off your feet; once you're doing stuff he isn't as much use, Tai is just a joke not worth the time watching as all his good advice just comes from Vee anyway. Robbins is great motivationally but isn't entrepreneurial aimed.

    Thanks for the book recommends I'll take a look.

    Yes multiple companies and entrepreneurial are not opposites. My point is; you don't start with multiple companies. Doesn't matter if you're Musk or Gates their First (and emphasis on first, not first successful; first) company wasn't built along-side a second. Once you have one then you can expand. Same goes for businesses; if a brand new company tries and markets a brand new product globally it's risk of failure is significantly higher than if they were to sell to one area and expand globally over time.

    "combine an A.I. into a personal development application" sounds like a good idea, I did a lot of experimenting with AI a few years back and it's always something that peaks my interest especially with the wider availability in todays climate.

    But yea don't listen to me I'm all talk and very little action
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  2. #12  
    Registered Member Andrew's Avatar
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    Thought I'd give some updates:

    I will be traveling to San Francisco on the 18th for the Tech Crunch Disrupt Event, very excited to go. My app should also have beta up within 2-3 weeks (3 weeks being max). Very excited to see everything finally come piecing together.
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  3. #13  
    Registered Member Andrew's Avatar
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    Application has been submitted to Apple for review for Beta Testing within FlightTest, super excited! Going to be making a thread within a week for the application.
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    Registered Member Andrew's Avatar
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    My application has been approved for Beta & I will be creating an official thread for it tomorrow! If anyone would like to just download it now, all that is required is your apple ID, and an email will be sent to you with instructions by Apple on how to install testflight and install wavelength - your pharmacy for music.
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    Hello, Andrew. Thanks for the book suggestions, gonna come in handy.

    How has the success with the businesses been so far?


    P.S. Think and Grow Rich and Rich dad, Poor dad are great books. I personally don't believe that schools can teach entrepreneurship. That's why I left my business studies. They can teach you economics or laws, social behaviors, etc. But they don't teach you how to become a leader or how to be successful, how to make money. Only theories from books, that don't work in real world. (It's just me, haha. I usually disagree with traditional practice and choose to do things on my own). I think good leaders comes by heart and doing the right thing, a book or studies can't teach that...

    Regards, R0cky

    Quote Originally Posted by Greg View Post
    Gary is good for getting you off your feet; once you're doing stuff he isn't as much use, Tai is just a joke not worth the time watching as all his good advice just comes from Vee anyway. Robbins is great motivationally but isn't entrepreneurial aimed.
    I love how Gary speaks like it is, without sugar coating.

    Then again I don't understand why is he so idolized like he was a business master mind. All he is good (great) at is marketing/advertising. I've read his latest book, at first I was hype, but at the end there was nothing useful on it, besides motivating you to start. He's a great marketer and motivator, but knows not much about businesses. (Unless your business is marketing)


    Zero to One by Peter Thiel is a must read from a technical stand point.
    https://www.amazon.com/Zero-One-Note...ds=peter+thiel

    Simplify: How the Best Businesses in the World Succeed https://www.amazon.com/Simplify-Best...3531749&sr=8-1

    Blue Oceans Strategy by Singapour Business School
    https://www.amazon.com/Blue-Ocean-St...ocean+strategy

    If You're in a Dogfight, Become a Cat!: Strategies for Long-Term Growth (Columbia Business School Publishing) - Similar to Blue Ocean Strategy, but upgraded. I suggest reading Blue Oceans first.
    https://www.amazon.com/Youre-Dogfigh...t+become+a+cat


    Majority of business books are waste of time. At the end of day, I think, it's what technical skills (knowledge) You got... or what how you can use people, who know something. What kind of "vision" you have...
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