Starting a Biz … Neil Patel and Others …

Posted on December 2, 2009. Filed under: Buisness |

I was referred to Neil’s  Blog and wanted to write a comment but as I could not get to do it, here are his 7 Harsh Realities alongwith some comments which struck me as  Solid.

1 –  Starting a business is like a roller coaster.  

2 –  Owning a business isn’t easier than working at a 9 to 5 job. 

3 –  Consumers have to believe you are solving a problem.

4 – You have to give a lot to get a little.

5 -  You have to make money

6 – Coolness is inversely correlated tThe market is the best teacher and you don’t know what you have until you engage it.o success.

7 – Time is worth more than money.

For one thing, right or wrong, Neil believes in responding to ALL comments when he could, to my way of thinking , easily leave the obvious ones alone.

As for my comment -   “Columbus sailed to find a new route to India. Instead he ended up finding America“. Biz or whatever, heck it was a venture!

And . .”Dare to err, and Dream,……  Will it and briskly set to work. ………….. Who dares nothing, need hope for nothing; …….. and he who considers too much will perform little……….  It hinders the creative work of the mind if the intellect examines too closely the ideas as they pour in”.

Now for those comments which I found Solid.

1. Commentor: Online Profits. There are harsh realities in every aspect of life – this is no reason to shy away from pursuing a dream or reaching for a goal… Adversity can be extremely creative, when VIEWED constructively. If you love what you do, and since starting a business usually involves free choice, I’m assuming you do, then hard work need not be seen as a negative… but merely a necessary step to achievement. …………… I do agree with not waiting for perfection when launching a new business, but rather to, launch – be sensitive to responses and then adapt and manipulate what you already have to mirror market demand.I would say don’t over think it… just do it and work it out as you go… 

2. Commentor: Danny. Maybe I’m lucky but I’ve never had it easier since I became self employed. What you folks need to be doing is setting up passive income, and systems for making money without you being there. When I tell people I’m self-employed they always assume I work insane hours. This is not so. Who wants to work 80 hours a week? Do you plan on doing that forever?

3. Commentor: Charles Lloyd. The market is the Best Teacher. …..
Without a precursor of sales revenue, no idea deserves to be spoken of as good, or even horrible – it’s just an untested theory and it deserves the level of enthusiasm that an untested theory should bring.
I’ve been presented with hundreds of “home run” business ideas, executed many of my own plans, and succeeded with 3 (still testing 4) in 10 years of being an entrepreneur. 
  
 4. Commentor: Sherry P. Websites can be a lot of work if you want to make them successful. One thing I think that you may have missed on your list is that you have got to be different. I have seen so many people say “Oh that site is earning a lot of money so I should try and do what they are doing” or along those lines! The websites which make the most are the ones that people haven’t really touched on and made effective yet. This is becoming increasingly difficult though as there are more and more webmasters everyday as it is becoming easier by the minute.
About a year ago I began working on creating a system rather than a traditional business. A system that practically runs itself, delivers a product directly to the consumer, outsources nearly all the work hours, and spouts out passive income. THIS is definitely the way to live and earn (in my opinion!) Currently I am able to reduce my hours and time at the traditional business in direct proportion to the growth of the passive income business.
Honestly having your own business is a life choice…..choice to live the adventure….When you are old you can tell your gradkids all of the fun you had.

5.. Commentor: Sitefiend. If there was one thing I would say is, if you think you have a great idea, DO IT! Don’t wait and let someone else fill in that gap that you think you may have found. Hey so the majority won’t be successful but its that 1 in hundred that really counts!

6. Commentor: Scot Edward Walker – As my old tennis coach Harry Hopman used to tell me: “it all comes down to one word – desire.” How badly do you want it? How much are you willing to sacrifice. Indeed, I love the quote from Ratan Tata (chairman of Tata Group, India’s largest conglomerate) in yesterday’s Wall Street Journal: “I really believe that there is a great strength in American capitalism that cannot be destroyed. It exists in the ability of anybody to be successful if they have the tenacity to do so.” Tenacity – that’s the term. Cheers

For more on Neil Patel’s blog, please visit: QuickSprout.


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