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6 Entrepreneur Myths That'll Keep You Chained to a Job

Discussion in 'The Unscripted Entrepreneurial Mind' started by MJ DeMarco, Oct 23, 2018.

  1. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    Been awhile since I did a vid...

    Source material comes from what I hear a lot around here, not from regulars, but from drive-bys...

    6 Entrepreneurial Myths That'll Keep You Chained to a Job

    Enjoy!

     
    Eisenstein, luniac, Longinus and 41 others like this.
  2. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Thanks MJ! Great video. Just what the doctor ordered.

    I’m going to re-read Chapter 35 tonight. I’m guilty of trying to skew value on too small of scale. I’m starting to think that instead of skewing value by “adding a velvet carrying case” to an existing product on Amazon, I need to tackle a bigger project. Instead of making $50K a year on a project, stacking $50K a month is much more appealing.
     
    Sibusiso Victor and Xeon like this.
  3. TreyAllDay
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    TreyAllDay Whatever it takes Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Great video MJ
     
  4. 404profound
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    404profound Gold Contributor I've Read UNSCRIPTED Speedway Pass

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    Currently learning coding, can confirm learning javascript is not fun.
     
  5. edward ace
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    edward ace Contributor Read Millionaire Fastlane

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    Love the video MJ. Added it to my playlist there. Commented too.
     
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  6. ZF Lee
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    ZF Lee Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Great vid! Something that I have been waiting for.

    It should be a hit on Youtube!

    Dear God! Hate the syntax!
    Why Javascript? :clench: Why not other languages?
     
  7. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Quick question - how do you create your storyboards? Do you do it yourself or outsource it? It’s a very powerful way to get your message across. Is there a software you prefer?
     
  8. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    I enjoy doing it myself. As long as that continues, I will do them. When it becomes painful, I'll get someone else to do it. The animations were done by @IlyaP 's company, Vision Whale. The software used for the writing boards is VideoScribe.
     
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  9. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Thank you! I hope you keep doing them. They are very powerful at getting your message across.
     
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  10. 404profound
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    404profound Gold Contributor I've Read UNSCRIPTED Speedway Pass

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    You can code a full stack app in javascript now. Because of the introduction of express and node, javascript is now not only the redheaded step child of the browser, but a highly scalable backend option. The demand for folks with JS skills is also going to soar, so even if it takes me a while to produce a knockout app, I will be able to get a better job situation than I have now on the way there.
     
    #nowhere, Xeon, ZF Lee and 1 other person like this.
  11. lowtek
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    lowtek Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Something something real men code in C.
     
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  12. 404profound
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    404profound Gold Contributor I've Read UNSCRIPTED Speedway Pass

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    *tries to generate deflecting excuse*

    my computer is, uh, allergic to C... yea..
     
  13. TheLearner
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    TheLearner Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Thanks for the videos MJ! I like how they are short and to the point.
     
  14. lowtek
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    lowtek Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    I jest mostly. Definitely wouldn't want to code a web app in C.
     
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  15. 404profound
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    404profound Gold Contributor I've Read UNSCRIPTED Speedway Pass

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    It would be the fastest web app on either side of the Mississippi.
     
  16. Walter Hay
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    Walter Hay Legendary Contributor Speedway Pass LEGENDARY CONTRIBUTOR

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    Thanks @MJ DeMarco I rarely watch videos, but I'm glad I watched this one. As you clearly show, without the correct, positive mindset people can't become successful entrepreneurs.

    For me the fun part of entrepreneurship was when it all came together. Until then, it was blood, sweat, and tears. Depending on the uncertanties of sales can be nerve wracking. Repeat orders are fun.

    Regarding value skewing, it is possible to produce the perception of value with appropriate branding and labeling, but woe betide anyone who thinks high class labeling can make a silk purse out of a sow's ear.

    The product needs to be able to stand on its own merits. If it does not meet the expectations created by the marketing, of which labeling is a small part, the seller will pay dearly. All that great labeling can do is attract attention, and to some extent, persuade.

    Walter
     
  17. TylerH1994
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    TylerH1994 Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Man, I love these videos MJ. As much as I like reading, having someone talk about it really sticks for me.

    Hope to see more of these as you continue to grow!
     
    MJ DeMarco and edward ace like this.
  18. George Appiah
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    George Appiah Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Real men used to code in assembly and had endless fun with their PDP-8.

    That is, until Al Gore invented the Internet.

    Now you know why our world is so messed up now!
     
    Last edited: Oct 29, 2018
    lowtek likes this.
  19. Xaridimos
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    Xaridimos New Contributor Read Millionaire Fastlane

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    Great Video!

    I especially liked:

    ==> MYTH #2, where you mention "we all started in the same state of ignorance". That is indeed comforting, considering that entrepreneurship can be overwhelming and intimidating at times.

    ==> MYTH #6. I truly believe that everything can be learned, if you put in the time, practice, make errors and keep going.

    Your video helped keep working on my project. I will certainly bookmark this post and come back to it at times where I need some extra motivation and inspiration.

    Thanks
     

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