#BusinessAdvice #EntrepreneurshipTips #SkillBuilding #SuccessfulBusiness
Hey everyone! 👋 So, I’ve been fortunate enough to build two successful businesses by the age of 26, and a lot of people always ask me for advice on how they can do the same. Here’s the wisdom I’ve gathered along the way:
Instead of fixating on a specific business idea, focus on developing valuable skills in areas you’re passionate about. Here’s how you can approach it:
– Master a skill: Become an expert in a specific area, like web design for instance.
– Offer services: Utilize your newfound expertise to offer services to others while also gaining experience and potential business opportunities.
– Partner up: Collaborate with established professionals in your industry to learn from them and expand your network.
– Let the business come naturally: By honing your skills and seizing opportunities, your own business will naturally evolve.
So, my advice boils down to this – concentrate on building your skillset, and the business opportunities will follow. What do you think about this approach? Have you tried focusing on skill-building rather than business ideas before? Share your thoughts! 🚀 #EntrepreneurMindset #SuccessTips
Great advice now, another question what is the hardest things you came across in your first business that you learned and made it better eith ur second business ?
>That’s a lot to take on as a new entrepreneur and that’s why many would fail. It’s just too much to take on if you’ve never done it before and don’t have help.
I agree, but I don’t think it’s “too much to take on” while comparing the outcomes and potential of what a business owner is asking for. This might sound nit-picky, but hear me out….
You’re asking to be able to print your own money based on a product or service you created (most of the time), and this is going to REQUIRE a lot of skills.
I’ve worked with a lot of “entrepreneurs” that will constantly say, “It’s too much!”, “It’s a mess because of (x) person!”, “This is soooo hard!”….
Yeah….no shit, you don’t get away with delegating important tasks in a business unless you have a lot of capital to hire people who already have a proven track record, and the majority of businesses do not have that capital, so it’s all on them. You can’t bypass important skills that make a business function and grow.
It took me years to be able to simply explain why I am successful. It’s because I took accountability for marketing, sales, service, and the backend systems and processes that delivered those necessities to the business and it’s customers. That’s it, that’s the best explanation I can come up with.
People think I wanted to be doing something like figuring out webhooks and workflows for payment processing to be able to make sure SAAS is available for a client, or to take away their account access if payment failed. I did not want to figure those things out, but it would have cost me A LOT of money to find someone else who already understood it.
When you start a business, you don’t get to say “Ugh, yeah, I don’t know how to market”…..ok, you’re going to fail then, unless you have capital to hire someone who definitely knows how to market.
How did you find your first clients? Do you rely on social media a lot?
This is impressive! I only have one question, how many hours per week would you say you spent building the business?
Same pinch!
I have also built a business i.e. [Vectorize.io](http://Vectorize.io) which is my self-made Generative AI development tool that constructs RAG Pipelines from unstrucutred data through AI
I love this post. I think you are 100% real about needing to build the skills first which will lead you there. I’ve been wanting to have a business of my own for some time now but what I’m doing (dental hygiene) you can’t open your own business so I’m looking to learn new skills and go from there. So much information online about just starting a business with no skills, lol