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EXECUTION Old man tries to start

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Ing

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Hallo!
There are a few ideas, which have crystallized for me. And both of them are in my thoughts for years. Not for a business, but for my interests. They are solving real problems in my life.

1.
In my 2 niches( both two wheels related) which are very similar.
a gadget similar in both areas.
I have nearly solved the fabricating (In larger numbers; did my own allready)
I m fighting on the material sources.(for industrial scale(duration)
And the design must be tested at different vehicles, other than mines.

2.
in the main niche of theese two, I developed a gadged, which I use since years. I cant find out, wheather that thing is really acceptated by people.

Untill now I took an existing thing and build mine out of it.

For really testing the market, I had to make a good shape/design and offer it.

How could I decide , if its worth the ivest?

This would really get cents, if need is met.






both of them are them are invention/development, which is good for me.


Maybe here I could go on.
 

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Ing

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One year. Aniversary of the thread.

What happened?

First of all, the result is near zero. I am not where I dreamed to be.
no great perspective from any busyness I started.

Going the way was very interesting. I have tried several things
What I know better now is, what I want.

As I am financial secured, there is no need for me to do any crappy business.
now its the question is that good or a disadvantage for me?


e-commerce: a great thing, reading threads of good players, But I m too stupid to only source anything to sell.
I m working on some parts I devellpp and produce, but there I m struggeling with the NEED factor.

Writing books: great idea. I d like to do that. But i haven t jet
Stop. I wrote one. But its not compatible with my job, so I have canceled that for the first.

In the end allways my job returns: working here another 2 hours makes me more money than I did in 1,5 year side husteling.

One What I really would like, is the SaaS thing. But I m too clueless about that.

Another is real estate. Here I m too fearfull.


Wenn now there are some things I have learned here in the fastlane forum :
There are countless people struggling with getting their income.
Some are earning good money.
The real fastlaners are very, very few.
Thats a point, which I consider very precious for me. It shows me, that my value for myself in not below average.
 
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Einfamilienhaus

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In the end allways my job returns: working here another 2 hours makes me more money than I did in 1,5 year side husteling.

Maybe this attitude could be your problem and the solution at once.

Maybe you are just curious about the idea behind the entrepreneurship and less into the execution?

It is like with meditation. Some people are meditating and they see it as a way of improving their lives. But the real value of it comes from being in meditation, instead of a fancy lifestyle.

Maybe you can answer this question for yourself: What is the big goal behind your work?

In my opinion just making more money and have a better life is a minor goal. Because nobody cares how you live in general.

Driving a yellow Lamborghini in your local fancy shopping street, the driver is still a faceless nobody inside this car.

The same is with entrepreneurship. The big motivation comes from to be recognized for something big. These people can even exist from their Hyundai and they will be recognized for what they have done.

As long you dont know for what you want to be recognized for, your work will have no focus and the frustration will be high.
 

LuckyPup

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Maybe this attitude could be your problem and the solution at once.

Maybe you are just curious about the idea behind the entrepreneurship and less into the execution?

It is like with meditation. Some people are meditating and they see it as a way of improving their lives. But the real value of it comes from being in meditation, instead of a fancy lifestyle.

Maybe you can answer this question for yourself: What is the big goal behind your work?

In my opinion just making more money and have a better life is a minor goal. Because nobody cares how you live in general.

Driving a yellow Lamborghini in your local fancy shopping street, the driver is still a faceless nobody inside this car.

The same is with entrepreneurship. The big motivation comes from to be recognized for something big. These people can even exist from their Hyundai and they will be recognized for what they have done.

As long you dont know for what you want to be recognized for, your work will have no focus and the frustration will be high.
Good points. I've been thinking about how to respond to the OP.
One year. Aniversary of the thread.

What happened?

First of all, the result is near zero. I am not where I dreamed to be.
no great perspective from any busyness I started.

Going the way was very interesting. I have tried several things
What I know better now is, what I want.

As I am financial secured, there is no need for me to do any crappy business.
now its the question is that good or a disadvantage for me?


e-commerce: a great thing, reading threads of good players, But I m too stupid to only source anything to sell.
I m working on some parts I devellpp and produce, but there I m struggeling with the NEED factor.

Writing books: great idea. I d like to do that. But i haven t jet
Stop. I wrote one. But its not compatible with my job, so I have canceled that for the first.

In the end allways my job returns: working here another 2 hours makes me more money than I did in 1,5 year side husteling.

One What I really would like, is the SaaS thing. But I m too clueless about that.

Another is real estate. Here I m too fearfull.


Wenn now there are some things I have learned here in the fastlane forum :
There are countless people struggling with getting their income.
Some are earning good money.
The real fastlaners are very, very few.
Thats a point, which I consider very precious for me. It shows me, that my value for myself in not below average.
Maybe you don't have a strong enough "why." Maybe you're just not an entrepreneur. Maybe you are enamored with the destination, but don't want to take the long, hard journey to get there. Maybe I'm wrong, maybe I'm right. Not judging you at all. Entrepreneurship ain't for everybody. Just a few thoughts.
 

Ing

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In one or the other way you are both right.
 
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Mysterious

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Hey, didn't read all of your posts, but how about you offer consulting services for other business owners who want to start selling in Germany? With ecommerce you risk losing money by buying products and not selling.
You said " I am not sure if I can do this by law and do that", which means other people have those same questions. Consulting is not fastlane, but its a start.
 

Ing

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In the last 3 months I had some ups and downs.
My job has some f*cking points pushong me. I just don’t know the direction.

In december I rented 2 onlineshops for 12 € each a year.(I didnt do anything with them
A school friend promised a business he had some years ago. I could go on, where he stoped.
But in the end I didn’t get anything. No inventory, no brand, no homepage.

My dream of an shop rose again. I now have a dropship source in Germany in a very big niche. I ll force me to set some assets in a shop and try it.
When I succeed, I ll have to make a woocommerce shop to make that automatically.

I m building a garage/workshop. Its a big project for me. covid doesnt make it easier.
 

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