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Think Like This If You Want To Succeed In Business (Mindset Shift For Beginners)

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Vadim26

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I'll keep this short and sweet.

This is worth repeating over and over, even though there have been multiple threads regarding this.
I am guilty of this myself, but it was a huge mindset shift for me, once I realized this.

Are you ready?

Here it is: Don't start a business that takes 6m-1year to just get going, do create a business that you can start in a matter of weeks to validate your idea with no huge capital required.


Person #1: reads one business book 10 times, takes 24 pages of notes, spends hours on the forum, thinking he doesn't have enough information to start a business. Spends another month researching a business with high entry. Spends 8 months developing the product, paying thousands of $ for engineering, R&D, production, buys 1000 units and sends it off to Amazon to start selling.

  • Fails (surprise!) once in a matter of a year, loses a lot of money, never starts a business again after a huge failure.


Person #2: starts a dropshipping business selling garlic presses - fails; starts another dropshipping business selling "winning" product - fails; learns marketing next month, does more research into consumer psychology and markets, finds a product where small improvement can be added - fails, but makes some sales.. and so on, you get the idea!

  • Fails 6 times in a span of half-year, learns a shit-ton, loses $5k-$10k, possibly already making money with a product by month 6. If not, motivated to keep going after seeing small successes.


Which one is more likely to succeed if both people continue in the same pattern?


I am all for high-entry businesses, and this is what everyone should thrive for...
But that shouldn't even be your concern if you are a complete beginner (most ideas are bad anyways).
 

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Jesús Zamora

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I have mixed feelings about this

On one side, I totally agree that taking action and getting some wins is vital as a beginner

On the other side, a dropshipping, digital marketing agency type of business is not going to be the business that ultimately changes your life and sets you free (or I am wrong?)

Is the idea here to experiment as a beginner to later evolve into a more meaningful business?
 
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Vadim26

Vadim26

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Is the idea here to experiment as a beginner to later evolve into a more meaningful business?
Yes, this is exactly, what I was trying to say.

On the other side, a dropshipping, digital marketing agency type of business is not going to be the business that ultimately changes your life and sets you free (or I am wrong?)
Likely, it will not. But, in my opinion, this is the best way to start and gain confidence, before moving onto the more serious things.

Not to sound like a hypocrite, but I notice a lot of people (was one of them) stuck here for months/years with no action to show for it. If they could only gain a few small wins from the "easy to start businesses" - that would likely start momentum for them, and shift gears into "TAKE ACTION" mode.

It did for me.
 
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