Talked to 2 different "trying to be Entrepreneurs" over the weekend. Both young. 22 and 25, Both very ignorant.
Here are some of their comments to me..
1. I have 3 people who want to be my sales staff.. oh really, have they sold before? No.. Are they in the industry that you want to sell into (doctors), no.
2. My goal is to make $2,000 a day, every day.. Oh really, sounds great. Yea then move it up to 3k a day, then 4k a day..
3. I want to be an investor in small businesses and help small businesses with my expertise.. What expertise.. Oh the one I will get when I get up to 10 million in the bank.
4. I have driven a Bentley before, rides really ruff... Humm..
5. Don't you think my idea will work.. I don't have to believe, you need to believe.
6. All the money I make goes to savings, I am a shrewd investor. Humm, Oh your house is paid off, no I live at my mom and dads, and they let me drive their car while I am growing my business.. OK..
7. So what is it like making 2 million a year?
8. I have owned a business before, I know what to do. (this is hands down one of my favorite lines people tell me)
No wonder parents want most of you to go get jobs..
These guys told me nothing that created value for the customer. Nothing. They were all about how much money they were going to make and how easy it was going to be.
If this is you. STOP. Sell one thing, then another, then another..
Here are some of their comments to me..
1. I have 3 people who want to be my sales staff.. oh really, have they sold before? No.. Are they in the industry that you want to sell into (doctors), no.
2. My goal is to make $2,000 a day, every day.. Oh really, sounds great. Yea then move it up to 3k a day, then 4k a day..
3. I want to be an investor in small businesses and help small businesses with my expertise.. What expertise.. Oh the one I will get when I get up to 10 million in the bank.
4. I have driven a Bentley before, rides really ruff... Humm..
5. Don't you think my idea will work.. I don't have to believe, you need to believe.
6. All the money I make goes to savings, I am a shrewd investor. Humm, Oh your house is paid off, no I live at my mom and dads, and they let me drive their car while I am growing my business.. OK..
7. So what is it like making 2 million a year?
8. I have owned a business before, I know what to do. (this is hands down one of my favorite lines people tell me)
No wonder parents want most of you to go get jobs..
These guys told me nothing that created value for the customer. Nothing. They were all about how much money they were going to make and how easy it was going to be.
If this is you. STOP. Sell one thing, then another, then another..
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