Two days ago, I was at an event with 10 beginner founders, sharing their business failures, including my own, a SaaS for designers to get feedback.
A 27 yo woman joined the event and my god did she put me to shame (I am 27 too). She bought her first stand in a farmers market at 16 for 1k$, sold it later for 7k$ and then it was off to the races, to the point where now she had several businesses and growing a potential big one to an exit.
The main thing I drew from this, was that she had a very good work ethic, was bold and would not hesitate to call people and try new ideas.
I'm grateful for this encounter because it made me realise I got complacent in my job, fooling myself I was "preparing for entrepreneurship", but that was a lie. Most days, besides listening to a business podcast, I did not expand my learnings, I reverted to spending afternoons playing video games and woke up with my phone in hand... In other words, I got complacent.
I am a very good developer, and built SaaS in the past, but I have a curse of going back to working on features because it is comfortable. So now, to eliminate this issue, I decided to buy an already made app/SaaS and grow it.
Thanks to this thread I got hold of very good resources and I bought How to Buy, Grow, and Sell Small Companies by Ryan Kulp.
I have a budget of 8-10K$ to invest in this. My main goal is to learn how to manage and grow a business without getting bogged down in development. My fear is that I won't follow through because in the past I've done that. I know that I am responsible to not quit and do the daily grind and hard work necessary.
I'll post updates soon of the journey
A 27 yo woman joined the event and my god did she put me to shame (I am 27 too). She bought her first stand in a farmers market at 16 for 1k$, sold it later for 7k$ and then it was off to the races, to the point where now she had several businesses and growing a potential big one to an exit.
The main thing I drew from this, was that she had a very good work ethic, was bold and would not hesitate to call people and try new ideas.
I'm grateful for this encounter because it made me realise I got complacent in my job, fooling myself I was "preparing for entrepreneurship", but that was a lie. Most days, besides listening to a business podcast, I did not expand my learnings, I reverted to spending afternoons playing video games and woke up with my phone in hand... In other words, I got complacent.
I am a very good developer, and built SaaS in the past, but I have a curse of going back to working on features because it is comfortable. So now, to eliminate this issue, I decided to buy an already made app/SaaS and grow it.
Thanks to this thread I got hold of very good resources and I bought How to Buy, Grow, and Sell Small Companies by Ryan Kulp.
I have a budget of 8-10K$ to invest in this. My main goal is to learn how to manage and grow a business without getting bogged down in development. My fear is that I won't follow through because in the past I've done that. I know that I am responsible to not quit and do the daily grind and hard work necessary.
I'll post updates soon of the journey
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