I really want to get the most out of the forum, so I'm literally just doing what I was messaged to do and introducing myself.
I am a 23 year old male born and raised in Stockholm, Sweden where I still live.
Notably:
I accidentally got my girlfriend pregnant 2 years ago - so now I'm a 23 year old man with a wife and daughter.
To add to that I never really had a job before.
I tried a business venture before, doing an administrative app with my brother and one of his friends that would help private teachers in their day to day work. We failed miserably in the execution portion and did just about every mistake we could make and I was sort of scared off entrepreneurship. But that was also when I had everything provided for me by someone else.
I've been supported by my father until about a couple of months ago where I had to get a job. My first job was gardening, I did 11 hour shifts getting paid by the hour in the sweltering summer. Then I tried to become a bot mechanic by becoming an apprentice. At the first week I tried to figure out how I could eventually make my own business and become wealthy again. I see myself as someone who was given every opportunity and spoiled from birth who didn't take advantage of any of it and I'm now feeling what it's like to be normal. At that week every mechanic, including the old ones who had owned their own business, freelanced, and by all accounts were the most successful in the field - they all said that being a mechanic was basically retarded if you wanted to be rich also. You had to just love engines and not care too much about money. Instead they said, the money was all in selling the boats and owning the marina. To me this meant dropping my job as an apprentice immediately and instead getting a job as a salesman.
Right now I work that sales job, I sell ads in an industry paper, cold calling businesses for eight-ish hours every day and getting a small commission and some steady salary. While the upper expectations of this job is high for normal people, it's still not enough to regain my freedom. I would just be a really fancy slave if I kept going.
So instead I was trying to figure out how to make real money and by accident came across someone who talked about this forum. I looked up the forum, saw there were some books, then I got the book "unscripted " and throughout the entire process of reading it I loved what I saw. I had spent my life mostly invested in politics and philosophy - and I for some reason saw business as unrefined. Reading Unscripted I noticed an abstract systematic thinking I had only ever encountered in philosophy before. It made me realize that business was the same thing that I loved in politics and philosophy except it could ALSO solve my problem with money.
Some other noteworthy side things about me is maybe that my mother is in prison for murder and that I was homeless for about 9 months following the arrest of my mother creating unforeseen complications, such as dropping out of my uni program. This is where my father started to take care of my expenses despite having another family at that point.
-----
Hopefully that deals with any personal questions which now leaves me to the thing I find interesting:
Because of my personal tendency to drop out whenever things get hard, and since my job is good enough to pay for my living expenses so that I won't get homeless again, I figured I could spend a year dedicated to a single business idea.
If it fails after a whole year of repeated failure and pivots to try and create value despite the issues arising, I figure worst case scenario is I build some tougher skin, get to spend a whole lot of time practicing problem solving and hopefully some solutions I solve become applicable in future business as well.
Me not being the greatest student of the fastlane and MJ, I might misrepresent or misunderstand the terms and models from the book, so forgive any discrepancy and please correct it if you think it might be detrimental to my progress!
The idea is essentially to become a record label company but for influencers. My thinking is this;
1/ Everyone my age and younger wants to be an influencer. It is the most wanted job and thus the business of helping people become an influencer should be more profitable than the heavy competition of being the influencer themselves.
2/If I was to be an influencer, and I'd be lying if I said I hadn't tried already. What I constantly would be asking, and did ask, was "What am I supposed to do?" and "How do I make money from this?". So I figure that if I can create services and solve those issues, then everything from aspiring influencers to already successful ones would pay for the solution.
My main issue is that I can't really pin point on what exactly to do now.
My thinking is that a record label provides value by 1/helping produce content 2/Helping build and maintain an audience/community and 3/helping to monetize the content and audience assets. But I worry that if I focus on ALL services of a label company, I'm tricking myself into thinking I'm providing value. I think I need to focus on only providing a single one of the dimensions to begin with, to really solve that issue before moving onto the rest. - Is this stupid perhaps? I'd love feedback on that actually.
Furthermore, my only real idea right now is to cold call micro influencers in Stockholm and try to sell myself as a helping hand without trying to get payment. My thinking is that if I can get access to a single micro influencer, and I can be free helping hand, then I can more accurately pinpoint exactly where the problem arises for influencers, and I can figure out a solution for that influencer which I can then work on repackaging into something to be scaled for any and all influencers and from that point build out to be a label company.
So to begin with I'm trying to just be a manager for a single influencer and try to use what I know from selling advertising to instead try and put together ideas for him to monetize his audience and content. Then to work with him through his problems to help solve them at twice the rate he could otherwise, thus giving him value while also allowing me to understand that value better to then build the business around.
My next action comes in tomorrow, since I procrastrinated it today: To call the one influencer I have in mind, and if he says no, to then prospect for another couple and try to get at least one out of maybe 10-20 I end up calling to say yes to getting free help. Once they accept, then I'll just starting trying to befriend them and see if I can't understand their problems from their perspective.
-----
If I've made any mistakes in formatting for this forum, please inform me so I can correct anything. If my writing was unclear or shit in any way, again, point it out so I can fix it. And finally if you have any input or questions about the business idea, please don't hesitate to ask.
I am a 23 year old male born and raised in Stockholm, Sweden where I still live.
Notably:
I accidentally got my girlfriend pregnant 2 years ago - so now I'm a 23 year old man with a wife and daughter.
To add to that I never really had a job before.
I tried a business venture before, doing an administrative app with my brother and one of his friends that would help private teachers in their day to day work. We failed miserably in the execution portion and did just about every mistake we could make and I was sort of scared off entrepreneurship. But that was also when I had everything provided for me by someone else.
I've been supported by my father until about a couple of months ago where I had to get a job. My first job was gardening, I did 11 hour shifts getting paid by the hour in the sweltering summer. Then I tried to become a bot mechanic by becoming an apprentice. At the first week I tried to figure out how I could eventually make my own business and become wealthy again. I see myself as someone who was given every opportunity and spoiled from birth who didn't take advantage of any of it and I'm now feeling what it's like to be normal. At that week every mechanic, including the old ones who had owned their own business, freelanced, and by all accounts were the most successful in the field - they all said that being a mechanic was basically retarded if you wanted to be rich also. You had to just love engines and not care too much about money. Instead they said, the money was all in selling the boats and owning the marina. To me this meant dropping my job as an apprentice immediately and instead getting a job as a salesman.
Right now I work that sales job, I sell ads in an industry paper, cold calling businesses for eight-ish hours every day and getting a small commission and some steady salary. While the upper expectations of this job is high for normal people, it's still not enough to regain my freedom. I would just be a really fancy slave if I kept going.
So instead I was trying to figure out how to make real money and by accident came across someone who talked about this forum. I looked up the forum, saw there were some books, then I got the book "unscripted " and throughout the entire process of reading it I loved what I saw. I had spent my life mostly invested in politics and philosophy - and I for some reason saw business as unrefined. Reading Unscripted I noticed an abstract systematic thinking I had only ever encountered in philosophy before. It made me realize that business was the same thing that I loved in politics and philosophy except it could ALSO solve my problem with money.
Some other noteworthy side things about me is maybe that my mother is in prison for murder and that I was homeless for about 9 months following the arrest of my mother creating unforeseen complications, such as dropping out of my uni program. This is where my father started to take care of my expenses despite having another family at that point.
-----
Hopefully that deals with any personal questions which now leaves me to the thing I find interesting:
Because of my personal tendency to drop out whenever things get hard, and since my job is good enough to pay for my living expenses so that I won't get homeless again, I figured I could spend a year dedicated to a single business idea.
If it fails after a whole year of repeated failure and pivots to try and create value despite the issues arising, I figure worst case scenario is I build some tougher skin, get to spend a whole lot of time practicing problem solving and hopefully some solutions I solve become applicable in future business as well.
Me not being the greatest student of the fastlane and MJ, I might misrepresent or misunderstand the terms and models from the book, so forgive any discrepancy and please correct it if you think it might be detrimental to my progress!
The idea is essentially to become a record label company but for influencers. My thinking is this;
1/ Everyone my age and younger wants to be an influencer. It is the most wanted job and thus the business of helping people become an influencer should be more profitable than the heavy competition of being the influencer themselves.
2/If I was to be an influencer, and I'd be lying if I said I hadn't tried already. What I constantly would be asking, and did ask, was "What am I supposed to do?" and "How do I make money from this?". So I figure that if I can create services and solve those issues, then everything from aspiring influencers to already successful ones would pay for the solution.
My main issue is that I can't really pin point on what exactly to do now.
My thinking is that a record label provides value by 1/helping produce content 2/Helping build and maintain an audience/community and 3/helping to monetize the content and audience assets. But I worry that if I focus on ALL services of a label company, I'm tricking myself into thinking I'm providing value. I think I need to focus on only providing a single one of the dimensions to begin with, to really solve that issue before moving onto the rest. - Is this stupid perhaps? I'd love feedback on that actually.
Furthermore, my only real idea right now is to cold call micro influencers in Stockholm and try to sell myself as a helping hand without trying to get payment. My thinking is that if I can get access to a single micro influencer, and I can be free helping hand, then I can more accurately pinpoint exactly where the problem arises for influencers, and I can figure out a solution for that influencer which I can then work on repackaging into something to be scaled for any and all influencers and from that point build out to be a label company.
So to begin with I'm trying to just be a manager for a single influencer and try to use what I know from selling advertising to instead try and put together ideas for him to monetize his audience and content. Then to work with him through his problems to help solve them at twice the rate he could otherwise, thus giving him value while also allowing me to understand that value better to then build the business around.
My next action comes in tomorrow, since I procrastrinated it today: To call the one influencer I have in mind, and if he says no, to then prospect for another couple and try to get at least one out of maybe 10-20 I end up calling to say yes to getting free help. Once they accept, then I'll just starting trying to befriend them and see if I can't understand their problems from their perspective.
-----
If I've made any mistakes in formatting for this forum, please inform me so I can correct anything. If my writing was unclear or shit in any way, again, point it out so I can fix it. And finally if you have any input or questions about the business idea, please don't hesitate to ask.
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