5 essential skills

distribution first! - create a distribution pipeline to create audience and build trust and customer base AI - customization , algo betterment, security!, integrate into workflow Business skills - Entrepreneur skills Learning how to learn Deep working Learn Execute faster

4. Start a business from scratch

Build in public - document your journey - post it
Provide value first - then focus on profit
Target the market you care about - security?
Learn a skill with potential for monetization
- Video to text, blogs and tweets - seo
Work for people without permission and for free
Convert into a a paid gig
Productize your services
hire people
building a system

The 10 Minute MILLIONAIRE entrepreneur advice for people starting from ZERO

Picking a niche
- Have an idea about the niche
- Have experience in the field so that you understand issues, lingo etc
- Do things that are already being done better. (Faster Cheaper Better Quality)
- Don’t take advice from someone on how to play the game when they have only sat on the sidelines
- Things take 5 to 10 years to get good success
- Love the boring work
- Stop injecting artificial timeline
- Start doing and start accommodating knowledge on the go

5 Step process on how to start a business

What? - Businesses are built from either

pain - a big problem for many - develop a system to make it easier
profession - do something for sometime and start a private practice - teach others how to do
passion - passionate about something

Who? - How to make it a business - get the bad idea out fast - iterate on feedback and make it better

People like you - very personal way
People you Helped before
Underserved people - very formal way

Define the target - Age Gender profession Problem Interests

More specific i get i can charge more !

How? - how can you increase the upsides more than others or reduce the bad stuff significantly

Upside
- How does my thing make it Easier
- How does my thing something Faster
- How does my thing Guarantee success
- How does my thing get Immediate results
- How does my thing help Experience the dream of customer
Bad stuff
- Things that slow them down
- Reduce risks of doing something
- Things that cause pain, suffer and damage
Ask people who you are going to sell what they want will give ideas about upside, bad stuff

Combine

I help Who get Upside without Downside through Unique Mechanism

Unique Mechanism

Unique mechanism can only be achieved after starting out.
List (unordered) or Steps(ordered) to achieve - name it - it becomes your propriety property

Get first 5 customers

greet
complement
combine sentence
know anyone who needs it?

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