5 Tips for you to start a business online to make your first $1!
- Work your way Back: Start with the end-goal in mind!
- 1-1-1 Method: Focus on solving REAL Problems!
- Start small to scale later: Build one Micro-Product for one Problem
- Don’t follow the shiny! – There are always new opportunities, but they are not for you!
- Stick with your plan! – Make one plan and follow through – Execution always wins!
Check out the Video Version of this Article:
Work your way back: Start with the end-Goal in mind!
How will you know, if you actually made it?
Your goal matters for your roadmap! You can navigate all your plans and take the best actions towards your goal. If you don’t have a goal: You are planning for failure!
Set a SMART Goal and Map out your Plan!
1-1-1 Method: Focus on solving real Problems!
The biggest lesson to learn is to focus on what matters.
In business there is only one thing: You need to help REAL people by fixing a REAL problem they have with a REAL solution. That is VALUE. Value only exists in reality and not your ideas. That is why ideas aren’t valuable until they are done!
So go out there and focus on: One Person, One Problem, One Solution!
Start small to scale later: Build one Micro-Product for one Problem!
Most people dream of Unicorn Startups, but never find a product-market-fit.
This is the real issue entrepreneurs and builders face. As a Dad you don’t have that time to waste on non working ideas and dreams. We need to provide. So start with a messy first product that is Micro. This means you can actually get it done fast!
Then improve that and solve the next problem your ideal customer has!
Don’t follow the shiny! – There are always new opportunities, but they are not for you!
I know this is probably old advice, but it needs to be repeated every day! We all fall for this!
That is also the most dangerous. Every business has a learning curve. If you keep switching back and forth you will not learn either! Over time you can add to your existing skills, but don’t follow the shiny business model.
There is nothing more distracting than a new pot of Gold! Stick with your Plan!
Stick with your plan! – Make one plan and follow through – Execution always wins!
You might think that your idea is so valuable. You need to protect it and not share it with others.
While I think that this is true to some extent, but this is only if someone else is able to execute faster and better than you. As you see it all is in the execution! Can you get the idea turned into reality. Is the reality also accepting your Idea. Then you had a good idea.
Wether an idea was any good is only found out in executing the idea! So get going, make one plan and stick with it.
To summarize all Tips:
→ Aim for your end-goal
→ Get after it with solving one real problem with a micro-product
→ Execute your plan and don’t get distracted
→ And you will actually achieve your goal!
Now go and do just that!
