Business tips from https://twitter.com/csallen
Don’t equate product ideas with business ideas. Good business ideas also include:
- Problem: What are we solving? For who? Why now?
- Reach: Where will people find us?
- Money: How will we sustain ourselves and profit? Without these, you have a product, not a business.
Starting a business, but don’t know what your mission is? How about: making your life better. Working on the things you enjoy, at the pace you set, from wherever you want, with the people you love, so you can be happy… these are perfectly fine reasons to start something.
Building a business is about giving people something they value. In the end, you have to help others. Those who are convinced otherwise haven’t built a successful business. And it’s no wonder why.
To start a business you love:
- Identify a group of people who bring you joy.
- Learn what they pay for, and make them your customers.
- Hire others like you who love the same people.
- Set sane habits. Be patient. Enjoy the journey. Who you’re with > what you’re doing.
To improve your chances of success:
- Start small.
- Obsessively help others.
- If an idea isn’t working, quit.
- If your journey isn’t working, persist.
- Study your mistakes. Don’t repeat them.
- Be accountable to someone. Your destination exists. Keep going until you arrive.