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running-a-business-from-a-bedroom-11-months-in

Building a business from a bedroom, $98,130 and 11-months in by Daniel Bourke

Highlights:

making $0 online to $1 online is hard. But once you’ve got a taste, you can use the same principles to keep the momentum going.
Bring people value they’re willing to pay for.
Jobs are exchanging time for money
- benefits
  - Jobs can teach skills for your business. (get paid to learn)
  - Job can be used for your business
Creating profitable business didn’t happen overnight
switched my balance from consuming to creating. A line in the sand. A strict rule to start making more things than I consumed.
And since launching our course on January 17, 2020, I’ve made more from it than I did for the whole time I worked at my last job.
- revenue: none of these amounts is set in stone. Unlike a salary, there’s some variability here.
If you’re looking for an opportunity to start your own business. It might be right in front of you.
Remember: creating your own business online means creating value for others in one way or another.
Don’t overthink it. Write about it instead. You never know who will reach out.
Small businesses don’t go out of business because of lack of opportunity, they drown because of having too many (Educating people of the value that they get and opportunity that your product brings them)
The first hire, are you replaceable?: Do extend trust and of load work.
Money is replenishable, time is not (I’m considering paying $$ for things to get done)
How to spend empty calendar day? Make a todo list and keep yourself accountable to getting those things done.
Make your work, work for you: plan: create digital assets which inspire, educate and entertain to provide for family and fuel future projects.
- Digital because agile and and can replicate at little to no cost.
- So once you’ve spent the time showing up and doing the work, the work works for you.

Journal

2020.07.31 Created running-a-business-from-a-bedroom-11-months-in section