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Everything You Need To Know About Starting A Business In Less Than 300 Words
2 min readMar 17, 2020
A short tale on how to be an entrepreneur…
Find someone who has a problem.
“I can’t figure out how to X!”
Solve that problem for them — for free.
“Thanks! Do you do this for other people too?”
Solve that same problem for the next person — for a small fee (way under market price).
“Thanks! I know a few other people who would love your help solving X!”
Solve the same problem for another person, and another person, slowly raising your fee — until you begin to hit a ceiling.
Ask yourself these three questions:
- Can I hire someone to do what I’m doing right now?
- How many people in the world need this problem solved (and is it worth the effort)?
- Will I enjoy this journey?
If yes to #1, hire someone and attempt to teach them everything you know. And if they can successfully do what you were doing before without your involvement, you’ve got a potentially scalable…
