Hi there,
I was listening to the chapter from the Millionaire Fastlane about the NEED commandment yesterday and got a bit worried about the direction I have been following with my fastlane journey (which is still only a few months old).
MJ mentions a martial arts instructor who sets up a business because martial arts are his passion, and that this is a mistake because it's about the business owner's interests rather than what people are needing.
One of the main reasons I teach Computer Science is that I find it fascinating myself, and I have begun to build a business with the idea of helping students and teachers to connect with the same kind of excitement around computers and programming which I have always felt since I got my first home computer as a kid way back when. I've made a good start with my blog and some initial digital products here: https://compucademy.co.uk/
The motivation makes sense to me, but when I ask myself "what is the pain point" I'm trying to help with, it's hard to identify. There is definitely a shortfall of teachers of Computer Science in the UK, which means resources for teachers, and even some kind of teacher training package could well meet a need. Also many students seek private tuition as their school doesn't offer Computer Science. Since tutoring is a time-for-money activity which I'm trying to escape from, I need to create productised versions of my expertise such as teaching resources, online courses and books. So then the issue becomes, "how big is the potential for affection for this business idea?" and I really have no idea. I am worried though that the numbers may not be large enough to make my business successful, and it's a little hard to stay committed to all the work that is needed without having confidence in its viability.
That is some of what is flying around my head relating to pain, passion and affection stimulated by MJ's words. It would be great to hear from anyone who is either facing similar questions about their business or who is further down the road and can offer some insight into my situation based on their own experience.
I was listening to the chapter from the Millionaire Fastlane about the NEED commandment yesterday and got a bit worried about the direction I have been following with my fastlane journey (which is still only a few months old).
MJ mentions a martial arts instructor who sets up a business because martial arts are his passion, and that this is a mistake because it's about the business owner's interests rather than what people are needing.
One of the main reasons I teach Computer Science is that I find it fascinating myself, and I have begun to build a business with the idea of helping students and teachers to connect with the same kind of excitement around computers and programming which I have always felt since I got my first home computer as a kid way back when. I've made a good start with my blog and some initial digital products here: https://compucademy.co.uk/
The motivation makes sense to me, but when I ask myself "what is the pain point" I'm trying to help with, it's hard to identify. There is definitely a shortfall of teachers of Computer Science in the UK, which means resources for teachers, and even some kind of teacher training package could well meet a need. Also many students seek private tuition as their school doesn't offer Computer Science. Since tutoring is a time-for-money activity which I'm trying to escape from, I need to create productised versions of my expertise such as teaching resources, online courses and books. So then the issue becomes, "how big is the potential for affection for this business idea?" and I really have no idea. I am worried though that the numbers may not be large enough to make my business successful, and it's a little hard to stay committed to all the work that is needed without having confidence in its viability.
That is some of what is flying around my head relating to pain, passion and affection stimulated by MJ's words. It would be great to hear from anyone who is either facing similar questions about their business or who is further down the road and can offer some insight into my situation based on their own experience.
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