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- Jul 30, 2022
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I personally don't like to use ideas as my main framework for success.
I like picking industries and niches as my framework for success, and then generating ideas in that industry and niche as you learn.
Mainly because you don't know what you don't know. Your ideas are probably in many different industries which you have zero to little experience in. Thus, you don't know if that idea is even good, what it actually takes to execute on that idea, etc.
I think if your new, with zero skills, you should just pick an industry and niche that your willing to stick to for a long period of time like 5-10 years minimum.
Then, just learn about that industry and niche through the internet and possibly by working for someone in that industry. You'll be able to see the problems in that niche and create the best solutions to those problems since you have knowledge of the industry.
Cause if you stick to one industry and niche, your skills will stack over time, creating exponential returns on your time.
While if you try to succeed from finding ideas, you just hop from industry to industry and niche to niche, needing to learn new skills and never letting your skills stack on themselves.
Me personally, I'm doing eCommerce, clothing specifically. And also YouTube as my main marketing tool to master. And I'm willing to stick with those two for the next 5-10 years.
Plus, it makes things very simple. Make enough clothing brands, enough YouTube videos, and improve each time. And you WILL be successful eventually, assuming your leveling up your skills and focusing on providing value to the market.
This also works cause no industry is ever perfect. There are problems in every single industry and niche because perfection is impossible, so theres always room for improvement. You don't have to reinvent the wheel, just improve on the wheel.
If you have skills and experience in a certain industry and niche, just stick to that industry and niche. And just focus on providing value to your customers in that industry and niche. Cause thats your unfair advantage.
I'm probably not using the word industry and niche right, but thats how I describe my success framework at least.
I got this general framework mainly from Alex Hormozi though, it makes sense.
I like picking industries and niches as my framework for success, and then generating ideas in that industry and niche as you learn.
Mainly because you don't know what you don't know. Your ideas are probably in many different industries which you have zero to little experience in. Thus, you don't know if that idea is even good, what it actually takes to execute on that idea, etc.
I think if your new, with zero skills, you should just pick an industry and niche that your willing to stick to for a long period of time like 5-10 years minimum.
Then, just learn about that industry and niche through the internet and possibly by working for someone in that industry. You'll be able to see the problems in that niche and create the best solutions to those problems since you have knowledge of the industry.
Cause if you stick to one industry and niche, your skills will stack over time, creating exponential returns on your time.
While if you try to succeed from finding ideas, you just hop from industry to industry and niche to niche, needing to learn new skills and never letting your skills stack on themselves.
Me personally, I'm doing eCommerce, clothing specifically. And also YouTube as my main marketing tool to master. And I'm willing to stick with those two for the next 5-10 years.
Plus, it makes things very simple. Make enough clothing brands, enough YouTube videos, and improve each time. And you WILL be successful eventually, assuming your leveling up your skills and focusing on providing value to the market.
This also works cause no industry is ever perfect. There are problems in every single industry and niche because perfection is impossible, so theres always room for improvement. You don't have to reinvent the wheel, just improve on the wheel.
If you have skills and experience in a certain industry and niche, just stick to that industry and niche. And just focus on providing value to your customers in that industry and niche. Cause thats your unfair advantage.
I'm probably not using the word industry and niche right, but thats how I describe my success framework at least.
I got this general framework mainly from Alex Hormozi though, it makes sense.
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