What's new

Search results

  1. Beijing

    Get Out Of The Idea Phase And Start Selling Something Valuable.

    MARKETING MINDSET SLOWLANE 
    So, what have you tried to sell in the last seven days?
  2. Beijing

    I have an idea for a software, but i don't know how to program

    INTRO 
    He should read the book "Nail It, then Scale It" by Nathan Furr and Paul Ahlstrom. In particular, this passage on the value and importance of rapid prototyping and seeking feedback from economic buyers before building a product, will be very helpful: "ClassTop is an online learning company...
  3. Beijing

    Taking a ride in the slow lane -- and it's been great!

    Due to internal improvements in some key areas, things have been a lot less stressful at my day job since we returned to work four weeks ago. One benefit of this is that I am not completely drained by the end of the day on Fridays. This has allowed me to remain somewhat productive in working on...
  4. Beijing

    Am I stupid for changing idea?

    IDEA 
    Why does the question in your thread title have no relationship with the question in your post? What do you really want to ask us?
  5. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    I don't know what my product will be or what industry my business is going to be focused on. The next task on my to-do list is to come up with a trendy company name and make my website so that potential customers can learn all about us.
  6. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    The best way to end up reading another book, is to be taking meaningful action and discover something that you know nothing about and need to gain some essential knowledge quickly, in order to continue to move forward. For example, if you're writing sales-copy for the first time, it's probably a...
  7. Beijing

    Taking a ride in the slow lane -- and it's been great!

    Not until I've launch an MVP and have clear numbers on the value of the business. WIthout some sales to demonstrate its potential worth, the valuation that I'd be able to get investment at just wouldn't be worth it. Bootstrapping the business has slowed down the process, but it's also been more...
  8. Beijing

    Taking a ride in the slow lane -- and it's been great!

    Since returning to work full-time, I've been super eager to get out of the slowlane and into the fastlane. As of January 1st, for a particular core feature of my flagship product, there were 893 components still unfinished out of the 1,837 key components required. I'd done 944 of the components...
  9. Beijing

    Should I go into management?

    OFF-TOPIC 
    Yes and yes. I took on a management role for the first time a year and a half ago, and the experience has been incredibly valuable in learning to understand human nature, especially motivation and competency ranges. I could fill a book with the stuff I've learned in the last 18 months. The...
  10. Beijing

    Hello I am Kristijan. I'm just getting started as an Entrepreneur.

    INTRO 
    Why not learn to self-motivate? I can only speak for myself, but the only thing that led to effective productivity for me was learning the skill of doing something today.
  11. Beijing

    Is it normal for me to get a job if I have no starting capital to fund the first stages of my business? If not, what side hustles can I do?

    SIDE HUSTLE 
    Running out of money and having no choice other than to get a job (while I was developing a business/product) led to me getting paid a bunch of money to develop skills that I didn't even know I needed, but once learned, resulted in me creating a much, much better product.
  12. Beijing

    Post all of your ideas and random problems you’ll never execute on...

    GOLD! HOT! IDEA 
    A $400 machine that squeezes juice out of a pod. It'll be the Keurig of juice.
  13. Beijing

    Taking a ride in the slow lane -- and it's been great!

    Things went a little differently than expected since my last post about 10.5 months ago. Three months before I would have had enough money saved to quit my job, Beijing city got hit with a COVID outbreak and my company got shut down by the government for two months. My employer decided to just...
  14. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    I think a possible action-fake could be spending time contemplating how to be more efficient. I'm a big fan of simply jumping in with two feet, because over time, from creating real things, you'll naturally learn and adopt more efficient approaches to using your time. However, if you're doing...
  15. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    I wouldn't call that an action-fake. Assuming that the one hour was productive, it's more of a lack of follow-through. That being said, I learned to be productive by allowing myself to be proud of an hour (or even 45 minutes) of work in a day, because after a week of doing that, my product was...
  16. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    "I need to build my brand by ordering 500 t-shirts with my company logo on them and giving them out to everyone I know. Once I've done that, then I can start deciding what my first product will be."
  17. Beijing

    How many action fakes can the fastlane come up with??

    GOLD! HOT! CHAT 
    I actually did this recently... ...but only because I'd spent the previous about 1000 hours doing a ton of real work and my files were becoming hard to find because I had 3X the number of folders I really needed and everything had slowly become very disorganized. Spending 15 minutes...
  18. Beijing

    Shark Tank Master Thread, Episode Discussion

    HOT! 
    I just watched the Pinole Blue pitch from season 13, episode 14. Lots to unpack. First of all, the valuation seemed crazy, given the sales, but especially the profits. But the biggest takeaway for me was how annoying the business professor was. I'm guessing the reason she repeatedly...
  19. Beijing

    Taking a ride in the slow lane -- and it's been great!

    Six weeks have gone by and that puts me six weeks closer to the savings goal that will have me set up nicely to quit my job and start working on my own business full-time. The most exciting part of the last six weeks has been the last two weeks. I hired a team of freelance graphic designers to...
  20. Beijing

    Taking a ride in the slow lane -- and it's been great!

    I've got an update now that (nearly) two years have passed. I've paid off all my student loan debt and am saving up money for living expenses so that I'll have some runway for completing product development and getting my business on its feet and generating revenue once I finally quit my day...
Back
Top Bottom