My first product failed and I lost a lot of money on it. Now I’m looking back at what went wrong to make sure I don’t make the same mistakes for the new business I’m starting.
Well, all I really had to do was a CENTS analysis and it became clear very fast!
First Business (Amazon FBA Product)...
I am writing to give an update on where I’m at 3 years on from launching my business. (Yes Im still in business albeit revenue being slow as I gain traction within my industry).
I saw a gap in the market to provide a service which is rarely being provided to a high standard in a multi billion...
Over the years I've read thousands of introductions here.
A common thread I've seeing follows the following format:
A) I have 3 ideas, X,Y, and Z.
B) None of them meet CENTS.
C) X is missing entry, Y is missing scale, and Z is missing a mix of both.
D) I don't know what to do.
The end result...
TMF was published in 2011.
Entry changes when time passes. So I have a very simple question.
Which entry barriers have changed, especially in the digital and programming sector?
This sector is full of WordPress and freelancers.
Ok I admit WP is for basic stuff this is no real option to...
Thought I'd start a thread based upon the CENTS Business Commandments found in The Millionaire Fastlane and UNSCRIPTED, just in case someone searches for it by search engine.
Since this concept is covered in both books, I don't think I ever posted an "official" thread on the topic. It would be...
There's already a great gold thread on the subject by the ice cream kid that you should check out if you haven't already - but here's another entrepreneur that shares his knowledge on the subject that you'll want watch. Enjoy & share your thoughts below.
TL;DR..... Find the main pain point /...