D
DeletedUser84644
Guest
Feel like you cannot build the business
you envision of creating because you don't know the exact specifics of how to make it happen? Well don't fret because the reality is you don't need to have it all figured all at once in the beginning to do so, because there is one powerful tool that can make all the difference of making what's in your head a reality, and that is called, human capital.
Yes, assembling the right team of advisors, consultants, and (where it makes sense) business partners throughout your journey will be vital in your success of your business venture. It's something that I think is not talked about enough and is heavily overlooked because a lot of budding entrepreneurs get the impression that they are left to fend for themselves when figuring this stuff out when in reality they don't really need to spend years of schooling and trial and error and what not to learn the answers to those questions themselves when they can just simply borrow the expertise of someone competent enough to do so on your behalf. Having the right human capital is probably the best, and biggest, and most important asset you can have in your business venture that can outweigh everything else that can be brought to the table to it.
You could have the right knowledge, experience, expertise, endless amount of venture capital money, etc but if you don't have the right line of human capital for your venture when it comes to the initial stages of it and afterward, your business will just be doomed for failure. Even the richest man on the planet, Elon Musk, had to seek advice from certain people when he was first establishing his space X company, despite having had a vast amount of experience in being an entrepreneur. That is an aspect of entrepreneurship that will never end regardless of how much experience you may have.
Even the experts themselves need advice on occasion where their expertise falls short (i.e doctors seeking the medical advice, consultation, and opinion of other doctors, lawyers seeking advice, consultation, and opinion from other lawyers, etc.) In Felix Dennis's book, 88 the narrow road, the brief guide to the getting of money, he has extensively talked and emphasized greatly in one of his chapters that you cannot get rich all on your own. No one can. Even if you seemingly had been able to do everything your god damn self without any help whatsoever, someone, somewhere, on the planet had indirectly helped to make you successful.
I mean just think about it, if the country you lived in lacked basic infrastructure like roads, bridges, sewage systems, and all other stuff that's minimally necessary for a society to function with prosperity, do you honestly think, that you could, with a serious look on your face, get rich in a relatively short amount of time by having to create, figure out, and do ABSOLUTELY EVERYTHING your god damn self? From the roads, to the bridges, to the material that your house is made up of, food, toiletries, office supplies, etc? Of course F*cking not. It would be impossible. Every god damn person on this planet owes their success to other people in some way shape or form directly or indirectly. So in reality no one is truly "self-made" in the literal sense in regard to any part of their success, whether it's financial or not.
So in reality people who boast about being a "self-made" this or that are kind of overstretching the truth a little bit. Especially with the fact that some form of luck, when one or the other, played a part in their success, whether they chose to accept that as a fact or not. Sure, luck may have not played a crucial part to their success in absolutely everything, but it surely has in some dynamics that have heavily pivoted the odds in their favor. The power of luck pivoting the odds in one's favor is to not be underestimated.
But anyway, with all of that in mind, what would be the best resource into finding human capital when it comes to the case of entrepreneurship? The answer lies in your local small business development center. That right there should serve as your go to resource for finding whom to consult you on developmental aspects of your business (Even if they themselves don't have the right advisors per se in house to advise you adequately and appropriately on in certain aspects, they usually know where you can find the people that do). Like earlier today, I was on the phone with a business consultant / analyst for a about an hour and half discussing all of the different aspects and considerations of starting my first company and how to best go about making it a reality, and my my may I just say that it had turned out to be a lot better than I thought it would. I went from having a vague idea on its potential and odds of success without a god damn clue for F*ck on how I am going to pull it off to make it happen to having a pretty solid road map with the full confidence and assurance that it will end up being successful. There's no doubt in my mind that it will. How do I know this for sure? because I know that what I have in mind to sell to the market does in fact have demand for it, it's just a matter of figuring at what exact angle I need to execute at in terms of how to deliver on that demand to reach customer satisfaction.
This is why you shouldn't waste your time with trying to pull off an idea that has never been done before and should just instead look at what already exists in the market to emulate off from, and execute off of that said idea with a different angle / spin to it.
The reason why you see so many "How do I find a business idea" threads on the form here is b/c they're misguided into thinking that they have to find an original idea (Not because they're just some brainless idiots like how some people think). Which in a way I think MJ has kind of failed to put enough emphasis on that in his books. I mean he did touch on to it briefly, but that should've been the main focus of addressing the question "How to do I find an idea?". MJ could've also explained the "How do I figure out how execute this idea" thing a lot better to, but I digress, I won't go on a tangent about MJ's explanatory shortcomings anymore.
But overall no one explains how to make a fortune and change your life for the better to as much length and detail as does MJ especially with going above and beyond to creating a whole a$$ forum around his philosophy and being very active on it and stuff too. But anyway, just take your business journey one step at a time and get plenty advice along the way when you need it, and should be fine. This forum is good human capital for getting your mindset straighten and set right, but isn't the best for finding out how to specifically do certain stuff. That is something that you will have to seek the appropriate avenues for yourself, whether it be finding a business consultant / analyst from a small business development center for general business advice, a doctor for medical advice, a lawyer for legal advice, an account for tax advice, etc.
I learned so much from my conversation with that business consultant / analyst today that I thought "Man, I don't know where my odds of success would be right now had I not done this. Think goodness that I have been able to figure out that something like this exists." It was thanks to having a curious mind coupled with perseverance that led to me finding all the answers to these kinds of questions and scenarios. From the result of having a bunch of difference random pieces to the puzzle vaguely tied and connected together, and then suddenly, one day, it all began to click and fit all at once, allowing me to finally make sense out of it all and see the full picture of everything for once.
If you still feel stuck on how to get started properly, then come and see this thread: MINDSET - Are you dying in misery on how to figure out how to get started? Then please! Do save yourself from that soul crushing agony with this thread!
anyway I wish you all the best of luck and hope this has given some you guys some level of new hope and inspiration. Cheers.
you envision of creating because you don't know the exact specifics of how to make it happen? Well don't fret because the reality is you don't need to have it all figured all at once in the beginning to do so, because there is one powerful tool that can make all the difference of making what's in your head a reality, and that is called, human capital.
Yes, assembling the right team of advisors, consultants, and (where it makes sense) business partners throughout your journey will be vital in your success of your business venture. It's something that I think is not talked about enough and is heavily overlooked because a lot of budding entrepreneurs get the impression that they are left to fend for themselves when figuring this stuff out when in reality they don't really need to spend years of schooling and trial and error and what not to learn the answers to those questions themselves when they can just simply borrow the expertise of someone competent enough to do so on your behalf. Having the right human capital is probably the best, and biggest, and most important asset you can have in your business venture that can outweigh everything else that can be brought to the table to it.
You could have the right knowledge, experience, expertise, endless amount of venture capital money, etc but if you don't have the right line of human capital for your venture when it comes to the initial stages of it and afterward, your business will just be doomed for failure. Even the richest man on the planet, Elon Musk, had to seek advice from certain people when he was first establishing his space X company, despite having had a vast amount of experience in being an entrepreneur. That is an aspect of entrepreneurship that will never end regardless of how much experience you may have.
Even the experts themselves need advice on occasion where their expertise falls short (i.e doctors seeking the medical advice, consultation, and opinion of other doctors, lawyers seeking advice, consultation, and opinion from other lawyers, etc.) In Felix Dennis's book, 88 the narrow road, the brief guide to the getting of money, he has extensively talked and emphasized greatly in one of his chapters that you cannot get rich all on your own. No one can. Even if you seemingly had been able to do everything your god damn self without any help whatsoever, someone, somewhere, on the planet had indirectly helped to make you successful.
I mean just think about it, if the country you lived in lacked basic infrastructure like roads, bridges, sewage systems, and all other stuff that's minimally necessary for a society to function with prosperity, do you honestly think, that you could, with a serious look on your face, get rich in a relatively short amount of time by having to create, figure out, and do ABSOLUTELY EVERYTHING your god damn self? From the roads, to the bridges, to the material that your house is made up of, food, toiletries, office supplies, etc? Of course F*cking not. It would be impossible. Every god damn person on this planet owes their success to other people in some way shape or form directly or indirectly. So in reality no one is truly "self-made" in the literal sense in regard to any part of their success, whether it's financial or not.
So in reality people who boast about being a "self-made" this or that are kind of overstretching the truth a little bit. Especially with the fact that some form of luck, when one or the other, played a part in their success, whether they chose to accept that as a fact or not. Sure, luck may have not played a crucial part to their success in absolutely everything, but it surely has in some dynamics that have heavily pivoted the odds in their favor. The power of luck pivoting the odds in one's favor is to not be underestimated.
But anyway, with all of that in mind, what would be the best resource into finding human capital when it comes to the case of entrepreneurship? The answer lies in your local small business development center. That right there should serve as your go to resource for finding whom to consult you on developmental aspects of your business (Even if they themselves don't have the right advisors per se in house to advise you adequately and appropriately on in certain aspects, they usually know where you can find the people that do). Like earlier today, I was on the phone with a business consultant / analyst for a about an hour and half discussing all of the different aspects and considerations of starting my first company and how to best go about making it a reality, and my my may I just say that it had turned out to be a lot better than I thought it would. I went from having a vague idea on its potential and odds of success without a god damn clue for F*ck on how I am going to pull it off to make it happen to having a pretty solid road map with the full confidence and assurance that it will end up being successful. There's no doubt in my mind that it will. How do I know this for sure? because I know that what I have in mind to sell to the market does in fact have demand for it, it's just a matter of figuring at what exact angle I need to execute at in terms of how to deliver on that demand to reach customer satisfaction.
This is why you shouldn't waste your time with trying to pull off an idea that has never been done before and should just instead look at what already exists in the market to emulate off from, and execute off of that said idea with a different angle / spin to it.
The reason why you see so many "How do I find a business idea" threads on the form here is b/c they're misguided into thinking that they have to find an original idea (Not because they're just some brainless idiots like how some people think). Which in a way I think MJ has kind of failed to put enough emphasis on that in his books. I mean he did touch on to it briefly, but that should've been the main focus of addressing the question "How to do I find an idea?". MJ could've also explained the "How do I figure out how execute this idea" thing a lot better to, but I digress, I won't go on a tangent about MJ's explanatory shortcomings anymore.
But overall no one explains how to make a fortune and change your life for the better to as much length and detail as does MJ especially with going above and beyond to creating a whole a$$ forum around his philosophy and being very active on it and stuff too. But anyway, just take your business journey one step at a time and get plenty advice along the way when you need it, and should be fine. This forum is good human capital for getting your mindset straighten and set right, but isn't the best for finding out how to specifically do certain stuff. That is something that you will have to seek the appropriate avenues for yourself, whether it be finding a business consultant / analyst from a small business development center for general business advice, a doctor for medical advice, a lawyer for legal advice, an account for tax advice, etc.
I learned so much from my conversation with that business consultant / analyst today that I thought "Man, I don't know where my odds of success would be right now had I not done this. Think goodness that I have been able to figure out that something like this exists." It was thanks to having a curious mind coupled with perseverance that led to me finding all the answers to these kinds of questions and scenarios. From the result of having a bunch of difference random pieces to the puzzle vaguely tied and connected together, and then suddenly, one day, it all began to click and fit all at once, allowing me to finally make sense out of it all and see the full picture of everything for once.
If you still feel stuck on how to get started properly, then come and see this thread: MINDSET - Are you dying in misery on how to figure out how to get started? Then please! Do save yourself from that soul crushing agony with this thread!
anyway I wish you all the best of luck and hope this has given some you guys some level of new hope and inspiration. Cheers.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Last edited by a moderator:
