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  • #16
    If I were to start a business with no money right now and had zero experience, zero connections, zero ideas, and no money, here’s exactly what I’d do.

    Be forewarned: Starting a business takes work. Learning how to turn your ideas into a profitable venture won’t happen overnight. Making a quick buck is not the same thing as building a business that can sustain and last.

    If you’re looking to get rich quick, this article is not for you (and neither is building an actual business). But if you’re ready to roll up your sleeves, build something awesome, and reap the rewards for your efforts? Keep reading!
    think everyone has something they can build a business around. Where do you find this idea? It lives in a curious place between something you’re passionate about, something you know something about, and something you’re willing to put effort into. Notice I didn’t say “find your passion.” Just starting a business around a passion won’t cut it. Unless you’ve built a tribe of equally passionate people, you’re only going to be building something for yourself. That’s definitely not a bad thing, however, this article is about starting a business from scratch. How to generate a money making business idea using an exercise I call “Thrusness” Grab a piece of paper and make a three-column list. Don’t create an Excel or Google spreadsheet. Write this list out by hand. There’s something about the process of physically writing down ideas that creates more opportunities for ideas. Remove all other distractions and try to focus on this task for 15–20 minutes (maximum). Let’s call this exercise “Thrusness,” because naming things is fun and helps boost creative thinking. The three columns to fill out for Thrusness are as follows: 1. 10 things you like doing that involve some form of work (example: painting, writing, singing, building furniture, coding websites, helping old ladies cross the street, etc.). 2. 10 ways you could put your work out into the world (example: online course, in-person class, e-commerce website, retail store, series of books, videos, etc.). 3. Review the first two columns and in the third column try to write 10 business ideas down. One could be to teach a class about painting. One could be to create an e-commerce store that sells unique furniture. Just jot down 10 ideas. I want to be crystal clear in this next point. You may NOT find your big idea during this first exercise. That’s okay! This phase is similar to writing the first draft of anything—book, article, whatever. It will probably suck. The point is to go through the motions and allow space for your brain to start doing what it does. If you’re feeling advanced, feel free to sit down with another person or two and do a No Bad Ideas Brainstorming exercise.

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    • #17
      The book I most highly recommend to anyone starting a business in the time we live in (the digital age) is The Lean Startup by Eric Reis. Eric’s book will not excite and wow you. (Hey, I’m being honest.) But what it will do is show you the ropes on creating a business in our current fast-paced landscape (not the industrial age of old). Another book I’d highly recommend is Pam Slim’s Body of Work. This book really helped me when I closed the doors on IWearYourShirt and wasn’t sure what the hell I was going to do with my life. Pam has some fantastic exercises that you can do right in the pages of the book (so I’d recommend going paperback on this one, sorry Kindlers). One last book is… any book by Seth Godin. Any single one. I think he’s written 452 by now. Seth is insanely smart and his books have as much practical knowledge as they contain inspiration. Do yourself a favor and pick one up.

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      • #18
        If you don’t have any issues with self-doubt and have an idea or two or sixteen, move on to step five. Go ahead, skip ahead. If you are struggling with self-doubt, I want to tell you one important thing: You are not alone! We all struggle with defeating thoughts, especially when it relates to creating a business. Will anyone like this idea? Will anyone buy my stuff? Will people think my business is dumb? Will I ever make any money? Will people talk negatively about my idea? Will I end up naked, homeless, starving, and trapped in a pit of scorpions if I start this business??

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        • #19
          You know, sometimes people who don't know how to run a business tend to start it. But I don't quite understand why they need it. After all, if a person cannot manage a business correctly, he will surely fail. This was the case with a friend of my boyfriend. That guy was smart and did a pretty good job of developing a startup business plan. But the whole problem was that he was too hesitant and embarrassed. So he asked my boyfriend to help him run the business. That is, my boyfriend helps that friend with management, goes with him to meetings with partners, and so on. This guy sensibly evaluates his capabilities to be a manager, so he asks for help from someone who is dealing with it. I am confident that over time he will become an excellent director in his firm.

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          • #20
            Someone was talking about books that help in starting a business. I would recommend Rich Dad, Poor Dad by Robert T. Kiyosaki. This book allows you to think broadly and understand the things a person who wants to run his own business needs. The goal of any business is to make a profit. And to do that, you have to keep track of operational metrics and make sure they are growing, such as the number of calls made, meetings held, sales made, and deals made. Analytics will help you. Many programs allow you to track the dynamics of sales and the status of transactions. With the help of deal tracking software, you can figure out what you should do next to avoid bankruptcy and do not stay in the black.
            Last edited by thomaspeket; 11-18-2021, 02:39 PM.

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