I'm wandering aimless all throughout my 20s into my 30s and I'm sick of it. I know success means different things to different people, but I think I am missing that productivity side of my life. I went to college, graduated late because I been putting it off. Got the degree but don't use it. haven't worked a traditional job except for some interns. just been focusing on my business where I just buy and sell things, but i want to transition into making my own product/service, build a business from scratch, hire people, do something impactful/meaningful.
like even opening a restaruant or bakery would be nice. I have a few interest in mind but I don't really know how to build it. like do i knock door to door to pitch my idea and get investors? do i put my own money in? how do i build a product? how do i get clients ? etc etc
I want to be "successful" in the create something/make money sense how can I be that?
byu/Great_Present_6584 inEntrepreneur
Posted by Great_Present_6584
8 Comments
I’m probably around your age. I finally have a business that makes a good amount of money every month, still a long way to go but its something. But before this, I failed a dozen other businesses.
Basically just do something that makes money (so anything) and you will get there eventually.
Build yourself up by building a solid foundation first.
You already have a degree eg. that’s nice, so focus on your health, mind-set and general knowledge. You will also need an income to manage your life and try to get a better understanding of who you are, where your strenghts are laying and what you’re good at.
We can also talk in private if you want 🙂
How curious are you? When you encounter problems either in your business or life or of others, do you pay attention and look for product ideas?
Alternatively: what skills do you have that could be turned into a service?
Would you ever create a course on how to “buy and sell things” as you do?
Decide one thing you want to do. Then go work at the most successful company you can get a job at doing that thing for 1 year. After a year, then do your thing.
Just take a step in the direction you are most curious about. If it’s interesting and needed to others, it will pull you along, and you’ll achieve what you’re looking for, making money along the way. But if you force it, and want to do a thing for your ego, it’ll be hard and miserable.
What degree?
I tried several things over the years, but nothing stuck until I found my why. So my business is website design and networking membership. I still have a long way to go to call it success, but I’m on my way and really enjoy the work, but it’s just work. Here’s the crazy thing. My why has nothing at all to do with website design. It’s addiction recovery and mental health (I’m a recovering alcoholic and a parent of a suicide victim). I’m tying them together by niching down to working with wellness businesses. Tying them together that way has given me the motivation to keep going even though at this stage, all the times are tough.
Honestly, part of owning a business or starting one is being able to solve problems and find solutions. Before starting mine, i was working in the same industry, familiar with the work (service) as I was already doing it every day:
– Knew the start up cost
– chose Google ads for marketing
– Squarespace for website
– acuity for scheduling
– QuickBooks for bookkeeping/payments
– etc
Quit my job when my business exceeding income, hired first employee when my main issue was too much demand not enough supply (people).
Find something niche, in demand (solves a problem), low start up cost, only invest money you can afford to lose. Understand you’re trading a 9-5 for a 24/7. Learn to manage stress well, give clients your word and follow through. Make mistakes, fix them. Set goals/direction and make changes to achieve it.
Once money is no longer a stress, your main stress will typically come from people (eg clients, employees). You need to be able to solve problems, because no one will hold your own hand and guide you. You have to rely on yourself, and be knowledgeable, constantly learning/improving. Satisfaction creates stagnation, never be satisfied and always desire for more (growth).
Your business is a reflection of you, and you’re a reflection of your business. If either are shit, both are shit.