Learn more about entrepreneurship with this collection
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Your goal doesn’t necessarily need to be to build the next Google or Facebook. And even if that is your goal, you still need to figure out how to get those first 1,000 people to pay for what you are building if you want to succeed. It may sound easy but getting people to pay for a product requires substantial grit, especially if you don’t have investors on board.
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Deciding to take your side hustle full time or thinking about starting one is not an easy choice, especially if you’re stuck in a job and you feel you should stay simply because you’re lucky to have one right now.
Emergencies fast-forward history — personal, political, and societal.
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Risk-taking is often glamorized by touting isolated examples of moonshot successes, but the best entrepreneurs are those who are able to figure out the optimum risk-reward ratio that works for them.
As an entrepreneur, you need to understand what you’re inherently good at and like to do and...
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If you have a business idea in mind but you aren’t sure that it’s addressing a real problem, you might end up spending your time and energy building the wrong thing. Great businesses are built on deep insights. Consider if you truly understand the unmet needs of the customers or community you are...
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Even after you validate your hypothesis, you need to test your minimum viable product (MVP). Simply put, an MVP is a functional prototype with just enough features to convey your idea in its simplest form. The goal is to build something that your customer can actually use so that they can give yo...
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Quitting your full-time job to start a company is like proposing marriage on the first date. … The most durable businesses are typically started by people who play it safe.
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If you’re stuck in a job, should you stay simply because you’re lucky to have one or take a risk on your passion project? If you’re just entering the workforce, should you spend time competing for a role or focus on building a business of your own?
There are many factors you need to weigh b...
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In essence, you want to use this stage of product development to a) build a community interested in what you have to offer and b) figure out a business model that serves their needs based on their feedback.
Doing this will empower you in two ways:
First, it will help eliminate the g...
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1,000 true fans, or unique customers reached organically, is an alternative path to success other than stardom. Instead of trying to reach the narrow and unlikely peaks of platinum bestseller hits, blockbusters, and celebrity status, you can aim for a direct connection with a thousand true fans. ...
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This requires vulnerability and courage.
Vulnerability: you really need to be honest with yourself about your dreams, your goals, and what you really want. And that does require you to be vulnerable.
Because if you think about your deepest desires, it can feel really scary or like it’...
No, we are not over yet. After discussing the topic with my friend’s Dad (he is a doctor), I’ve made a list of things you need to understand and avoid anxiety attacks (hard to breathe moments).
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