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Hi all - introducing myself and my story so far... I plan to share (hopefully useful!) experiences and learn from others here too 
TLDR:
Where I am now and lessons learned:
I don't regret a thing and now my business is just under $2,000 a month now but a lot more stable... Here's what I learned in no particular order:
1. Your business is only as good as your weakest link I.E you. In the early days I was partying too much, working on my biz hungover, not being proactive and it cost me. Your personal life will reflect in your business, so that has to be in order first and foremost.
2. Set up systems from day 1. One of the things I did correctly is that from day 1, I had contractors other than myself fulfilling the work and messaging prospects on my behalf. If it weren't for that I wouldn't have seen as quick success as I did
3. Charge more because everything will cost more and be harder than you think. Self-explanatory won't even elaborate on this one lol
4. Trust your gut instincts. I got the vibe that one contractor I hired would be bad at taking feedback / not coachable, I ignored the feeling thinking I was overthinking it and ultimately their poor work (alongside mistakes I made) cost me a client.
5. Be a good person. I've messed up, I've been unorganized, and I've been chaotic, but I've been working with the same contractors for almost a year now because I tried my best to be fair, and because of that they're willing to work hard for me and I'm very grateful for it.
6. Keep things simple. Business is complicated enough. My most successful venture is ironically my most simple one. All I do is run social media accounts for businesses through contractors from other countries and pocket the difference. Not sexy. Not groundbreaking. But it works.
7. Invest in yourself. Sounds cliche, but a key reason my venture worked is that I bought a course that gave me structure. Funnily enough, the course was only okay but the mere fact I spent 4 figures on it, sub-consciously I was hungry to make a return on my investment.
Who am I?
A mid 20's tech professional living in London and running a side biz that I plan to grow until it supports me fully.
If you like rum, technology, street food, pretty girls, or just live in the city and like talking about business hit me up
What brings me here?
Whenever I've learned new skills I've found forums invaluable. You get inspiration, niche information, and even a network. I've made good friends from forums in the past. Now I want to really double down on business and set myself free hence me joining.
I read Millionaire Fast Lane yearssssss ago. I wanted to be a part of a forum filled with go-getters and couldn't find a better fit than this.
Moving forward I'll be creating a process and execution thread. Hope you enjoy being on this journey with me...
Onwards & Upwards x
TLDR:
- Been trying & failing at starting businesses for 7 years. Graveyard includes: Affiliate, SaaS, E-book & god knows why Real Estate lol
- Last year I got fed up & spent £1,800 on a coaching course on how to start a successful social media mgmt agency (the exact course doesn't matter)
- 4 weeks in - I signed my first client
- Within 2 months, I was making $1,000+ revenue from multiple clients and thought it had all finally clicked
- By the 3rd month, I was nearly at $2,000 in revenue and was looking at penthouse apartments that I'd be moving to so I could finally say goodbye to my annoying housemate
- By the 4th month, I had lost clients, my business was in the red, and I was paying my contractors from the salary of my day job
Where I am now and lessons learned:
I don't regret a thing and now my business is just under $2,000 a month now but a lot more stable... Here's what I learned in no particular order:
1. Your business is only as good as your weakest link I.E you. In the early days I was partying too much, working on my biz hungover, not being proactive and it cost me. Your personal life will reflect in your business, so that has to be in order first and foremost.
2. Set up systems from day 1. One of the things I did correctly is that from day 1, I had contractors other than myself fulfilling the work and messaging prospects on my behalf. If it weren't for that I wouldn't have seen as quick success as I did
3. Charge more because everything will cost more and be harder than you think. Self-explanatory won't even elaborate on this one lol
4. Trust your gut instincts. I got the vibe that one contractor I hired would be bad at taking feedback / not coachable, I ignored the feeling thinking I was overthinking it and ultimately their poor work (alongside mistakes I made) cost me a client.
5. Be a good person. I've messed up, I've been unorganized, and I've been chaotic, but I've been working with the same contractors for almost a year now because I tried my best to be fair, and because of that they're willing to work hard for me and I'm very grateful for it.
6. Keep things simple. Business is complicated enough. My most successful venture is ironically my most simple one. All I do is run social media accounts for businesses through contractors from other countries and pocket the difference. Not sexy. Not groundbreaking. But it works.
7. Invest in yourself. Sounds cliche, but a key reason my venture worked is that I bought a course that gave me structure. Funnily enough, the course was only okay but the mere fact I spent 4 figures on it, sub-consciously I was hungry to make a return on my investment.
Who am I?
A mid 20's tech professional living in London and running a side biz that I plan to grow until it supports me fully.
If you like rum, technology, street food, pretty girls, or just live in the city and like talking about business hit me up
What brings me here?
Whenever I've learned new skills I've found forums invaluable. You get inspiration, niche information, and even a network. I've made good friends from forums in the past. Now I want to really double down on business and set myself free hence me joining.
I read Millionaire Fast Lane yearssssss ago. I wanted to be a part of a forum filled with go-getters and couldn't find a better fit than this.
Moving forward I'll be creating a process and execution thread. Hope you enjoy being on this journey with me...
Onwards & Upwards x
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