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Business has become too data driven
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The real focus
Really focussing on the core business is the most important requirement for startup success. Becoming an expert at fundraising should not be necessary.
Companies rarely fail because they didn't raise money - they fail because they didn't build something people wanted.
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Tactics are an optimization
Tactics should not be ignored. However, a business isn't going to fail because it had poor tactics. A business with a great product will do fine with common tactics.
A successful business will have both great products and tactics. But it's 80/20, where the fundamentals of building something great is 80% and the tactics and metrics that drive another 20%.
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SIMILAR ARTICLES & IDEAS:
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Getting Fired
Getting fired throws you out of your comfort zone, and makes you review your assumptions, which is the start of great progress.
Setbacks such as getting fired can turn your life around, and p...
Fear Is An Illusion
Our Fear is almost never as bad as it feels.
If you are constantly learning, networking and building yourself into a better person, then setbacks are only crucial milestones in your progress and are nothing to be afraid of.
Don't Take It Personally
Getting fired might seem like life's cruel joke on you, but the world is not your enemy.
Let go of the guilt and shame that comes naturally when a setback is received. One doorway has closed only for better doorways to open in your life.
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"Just do it” - not a solution for procrastination
If we repeatedly find ourselves avoiding certain tasks, an underlying problem needs to be addressed.
Once we identify the real cause, we can search for the appropr...
Most common reasons that lead us to procrastinate:
1. We feel like we’re not making progress.
2. We’re not sure where to start.
3. We’re afraid of failing.
4. We dislike the task itself
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See Your Side Hustle as "Me Time"
When choosing your side hustle, pick something you want to do, be or achieve, and actively work toward it. Not only will you enjoy the sense of accomplishment that comes with progress...
Always Default To Action
Spend some time planning. Then spend a lot more time doing. If you're unsure, do something -- and then react appropriately.
It's easy to think and plan and evaluate yourself out of ever starting a side hustle. See starting a side business as the grand experiment it is. Never forget that the fun is in the doing -- not the thinking.
Only do What Generates Revenue
You may need to spend some time on admin and infrastructure. But you don't need fancy spreadsheets, comprehensive reports, a catchy brand or a mission statement.
Successful side-hustlers focus on selling and working. Anything else is time taken away from generating revenue.