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How to narrow down which business you want to get into?

Idea threads

Amerstain

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Hello everyone,
I'm new here and i do jot know how stuff really works, so i will get right into it. Im 20 years old, fully by myself and no support from my parents. I have a buffer of a couple of months before i have to work in order to live. I have been trying to get some clarity on business, but to be honest it's all very very wide and vague for me. MJ DeMarco's book, the millionaire fastlane really really helped me with this. I gained more clarity, he explained for example which business systems were the best in terms of passivity. But then, what i do not get, and maybe this is a stupid question i really don't know, how does one narrow down which business he wants to get into? It's really not about hard work for me, and i have no limits put on myself as long as it can be "automated" for the most part later on. It's for me just really difficult to see through all this. For example, this can be looked on with a bigger picture i think: once i know what business i want or just narrowed it down to a business, if i do jot have the skills for it, i can dedicate myself fully to learn that one skill or skills needed. Another thing that i can't really wrap my mind around is competition. One business model i looked at for a while is, probably cliché but, a social media marketing agency. Saw it because of the youtuber iman gadzhi, which has been popping off lately. But i feel like a gear in the system, and that he doesn't learn you how to get the results he has. Not to mention his course is like above a 1000 bucks. But now that i have the chance, MJ DeMarco, you have my gratitude for putting so much effort in being the "no-bs guide" to financial wealth. Thank you.
 
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SEBASTlAN

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Antifragile

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Hello everyone,
I'm new here and i do jot know how stuff really works, so i will get right into it. Im 20 years old, fully by myself and no support from my parents. I have a buffer of a couple of months before i have to work in order to live. I have been trying to get some clarity on business, but to be honest it's all very very wide and vague for me. MJ DeMarco's book, the millionaire fastlane really really helped me with this. I gained more clarity, he explained for example which business systems were the best in terms of passivity. But then, what i do not get, and maybe this is a stupid question i really don't know, how does one narrow down which business he wants to get into? It's really not about hard work for me, and i have no limits put on myself as long as it can be "automated" for the most part later on. It's for me just really difficult to see through all this. For example, this can be looked on with a bigger picture i think: once i know what business i want or just narrowed it down to a business, if i do jot have the skills for it, i can dedicate myself fully to learn that one skill or skills needed. Another thing that i can't really wrap my mind around is competition. One business model i looked at for a while is, probably cliché but, a social media marketing agency. Saw it because of the youtuber iman gadzhi, which has been popping off lately. But i feel like a gear in the system, and that he doesn't learn you how to get the results he has. Not to mention his course is like above a 1000 bucks. But now that i have the chance, MJ DeMarco, you have my gratitude for putting so much effort in being the "no-bs guide" to financial wealth. Thank you.

Not sure if this will be helpful:

Post in thread 'AMA - I built a software company worth 8 figures'
GOLD! - HOT! - EXECUTION - AMA - AMA - I built a software company worth 8 figures
 

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