Hi everyone! I am an aspiring entrepreneur, I love solving problems for people and developing solutions so one would normally think that being an entrepreneur would be easy for me, but it hasn't. I have recently finished reading the Millionaire fastlane and the great rat race escape , really good info in those books! I am however struggling to get started. Ideally I would develop a software related solution as I am more techy inclined, but I am open to developing a physical product as well. I have tried looking into specific niches, but many of the problems that I find to solve have a solution that others have already developed and they already have good value skews. I think the process of learning and starting a business would be awesome but I am struggling to find a way to get started. Some of the problems I find, I also do a cost analysis to see if it would be worth it from a financial standpoint, but some get thrown out because they're not worth it. Either my ideas/solutions are not worth solving (small scale and little to no magnitude) or someone is already on track to solve it. I know not to get scared away from an idea if others are doing it, but I cannot find value skews to differentiate myself from their company. I am sure others have come across this issue but I haven't found a thread like it. At least I am repping out the fact of recognizing solutions/problems, but my issues lie in getting started on something that would work out. People might also be like "oh just get started it will sort itself out", well if I just get started then I might fall into a trap like a t-shirt business or something that's already saturated. I am looking into ideas that have need/solves a problem, proves to be worth it if I invest time and money into it, as well as has value skews that can differentiate myself from competitors. I believe this formula will set me up for success, but I cannot find things that fit this criteria to get started. I am kind of stuck here at this point, anyone have any tips to getting started with what I mentioned?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
