I really do wonder what percentage of this sub are actual entrepreneurs.

    It seems like 95% of comments on every post are pessimistic 9-5’ers that have never done anything entrepreneurial in their life.

    You can start a business with a very small amount of cash.

    Someone running a successful business doesn’t mean they have family money or that they inherited.

    If you actually took responsibility for your own situation instead of blaming literally everything else for where you’re at in life right now, you’d be so much further ahead.

    The basics of business are almost too simple.

    1) Identify a problem a group of people have

    2) Find a way to fix that problem

    3) Get the word out about your solution to the problem wherever the group of people that have it congregate.

    Step one and two are the easy parts, step three is the marketing and that’s where most new entrepreneurs give up.

    Marketing is tedious and typically high effort low reward to begin with, so let me break down the easiest way to start:

    1) Join FB groups that are filled with the people who have the problem you’re solving

    2) Offer them a low-risk, no brainer offer to start the business relationship & obtain them as a customer.

    3) Do such a great job at the thing you said you’d do that they wouldn’t want to go to anyone else for it again, and would almost feel obliged to refer you to their friends

    This seems basic, but it works. You can make 2k a month, 10k, 100k, 1M it doesn’t matter.

    Now that you’ve got a service and you know how to get your first few customers, here are a couple of extra tips to follow:

    1) Don’t immediately try to sell to your prospects, no one likes it. Offer value upfront without expecting anything in return.

    2) Doing the right thing by your customer will have a snowball/compounding effect over time, as will cutting corners- choose wisely.

    3) You yourself are solely responsible for your business, your life, your situation, your choices and your actions. Stop blaming everyone and everything else, you’re not a child.

    If this wasn’t enough, let me explain why everyone’s selling courses and info products, the so-called “scams”:

    Running a service based business is complex to scale. You need to hire, train, expand, upgrade equipment, find more customers the list goes on.

    This doesn’t become a big problem until you’ve got more work than you can handle by yourself.

    On the flip side, those selling courses are running info product businesses. They require almost $0 capital, can be super easily scaled and are dumb simple.

    They require you to do upfront work but by the end you’ve got a product (course) that you can sell over and over again, taking out the entire service delivery part of a typical business.

    You can see why people do this, and you can’t blame them; they want to make money like you do.

    Running a service-based business will (almost) never be as profitable as running an info product business, which is why you see so many people switch from doing the work to teaching others how to do the work.

    This was a damn long post, hope at least one of you got something out of it 🫶

    The ONE thing that will help you right now
    byu/thebulgarins inEntrepreneur



    Posted by thebulgarins

    2 Comments

    1. Service-based businesses will always thrive imo especially if it solves a problem. There’s always a need somewhere that requires someone with a solution and a drive to get to work. Great writing! 🙂

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