Daniel Pitta
New Contributor
Just curious, as I consider myself to have an entrepreneurial mindset, strive to escape the corporate rat race, etc. but I feel like with every good idea I have, I come to find out that there are already umpteen existing products/companies that do the same thing and have been in existence for years.
I currently work in medical device sales, for a national distributor. Since I work for a distributor, I don't have to physically be at hospitals/clinics in order to make sales/commission. I make my own schedule, and work remote as much as I want, so long as my accounts are ordering their product through my company. Luckily I've been successful at this role, and it has given me a small taste of what it's like to be financially free and make residual income.
However, I'll never have control over my finances. In sales, you're literally punished for your production and success with rising quotas, effectively making it more difficult to get paid. You also always have to deal with the bullshit Corporate politics, micro-managing, etc.
I've been focused on real estate investing as a way to sidestep my difficulty in figuring out a good concept for an online business. I plan to relocate to NC next year where the market is reasonable (I live in DC). I have no real estate experience and am in no way a handyman, but I've been willing to learn as much as possible in order to best prepare myself for this venture. However I only view real estate investing as an added revenue stream, and don't view it as my fastlane business idea - I'm sure many would disagree.
I've tossed around a few ideas in the past, but don't think that they can scale. I'm curious how all of you come up with your business ideas, and also curious how you move on from the 'dream' stage of your startup idea, to the 'action' stage, without having any startup experience, business acumen, or reliable contacts who would be willing to work with you on your concept. Thanks in advance
@MJ DeMarco
I currently work in medical device sales, for a national distributor. Since I work for a distributor, I don't have to physically be at hospitals/clinics in order to make sales/commission. I make my own schedule, and work remote as much as I want, so long as my accounts are ordering their product through my company. Luckily I've been successful at this role, and it has given me a small taste of what it's like to be financially free and make residual income.
However, I'll never have control over my finances. In sales, you're literally punished for your production and success with rising quotas, effectively making it more difficult to get paid. You also always have to deal with the bullshit Corporate politics, micro-managing, etc.
I've been focused on real estate investing as a way to sidestep my difficulty in figuring out a good concept for an online business. I plan to relocate to NC next year where the market is reasonable (I live in DC). I have no real estate experience and am in no way a handyman, but I've been willing to learn as much as possible in order to best prepare myself for this venture. However I only view real estate investing as an added revenue stream, and don't view it as my fastlane business idea - I'm sure many would disagree.
I've tossed around a few ideas in the past, but don't think that they can scale. I'm curious how all of you come up with your business ideas, and also curious how you move on from the 'dream' stage of your startup idea, to the 'action' stage, without having any startup experience, business acumen, or reliable contacts who would be willing to work with you on your concept. Thanks in advance
@MJ DeMarco
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