Totally fangirling, and I feel ridiculous saying that - BUT, I am in the middle of troubleshooting one of my products and this post just gave me so many clear insights about how to get this done! I appreciate the readability of this post too - keep up the fantastic work.
32 Comments (page 1)
Hi Kyle, Thanks again for an interesting and inspiring blog post. I don't have 10 business ideas but I am interested in accelerating/ improving the idea to achievement process for entrepreneurs. I'll certainly look up the 5 whys. Thanks!
Thanks for the post... Alright 10 ideas 1 teach stock trading basics 2 write a book 3 start a cleaning business 4 sale baby products 5 Drone business 6 Led retrofitting business 7 bluetooth exclusive products 8 trade stocks for a living 9 exotic car rental business 10. Never work a reg job and sale random things. Haha thanks for the time hope you can brainstorm with me on some of these and no I'm not joking these are real thoughts of mine and some have proven profitable Thanks,
Drone business and led retrofitting ideas are Cool. I don't mind joining hands with you on these two counts. Let's get rolling. Ping me if you are looking to bounce ideas and gather steam.
Thanks for the cool article bro. Fantastic and you should pay yourself for atlast making 2 of us to open up to share our thoughts. 5 ideas that are keeping me awake and utterly confused to fit myself into the main stream work force are - 1. BillManager app 2. GreenSparthan (similar to Joshua's plan of Led Retrofitting) 3. Recycler 4. Crop monitor bees 5. A cargo management system I look forward to hearing from you. Thanks once again for providing me a platform for my inner voice To speak up.
Yeah definitely!! whats your email?
Gaaaah! Get out of my brain!! You're describing all my issues and I thank you for that. I recently stopped freelancing for an ad agency and decided that type of work doesn't inspire me anymore, and I've been stuck brooding for 2 months... too afraid to start or approach anything new and i cant seem to pick a subject to go on. Like you said, I've got no inspiration or motivation. I'm still writing that book you pushed me to write though. Your articles help always. Thanks again!
Awesome Anna, I'm glad this was useful!
Cool, let me know what you find :)
Sweet Josh--which one is most exciting to you right now?
Sure thing, what are thinking so far?
It's great to hear from you Harinath :) I know a guy doing LED Retrofitting and he's doing fairly well. It's a simple enough business to get in to. I'd need more details to help brainstorm on these but the BillManager app sounds really interesting
I'd prefer to keep them in the comments (and will get to them much quicker) but you can email bros at startupbros dot com anytime ;)
Writing that book is probably enough! Have you considered just going hardcore into that for now?
Most exciting are trading stocks and drones and the Led biz.
For trading, here are most of my thoughts: startupbros.com/make-lose-2000000-day-trading-system-story/ Drones are awesome, do you want to resell them? Teach people to pilot them? It's really about getting specific. There are a ton of ways to succeed with any of those things.
I would resale the drones but also have a service of some sort with them. Oh yeah and Def read that piece on trading. I trade stocks now and have for awhile...love it...because it's most about risk management, taking gains quick and cutting loses. Anyways I'll stop blabbing... That is my biggest issue, "getting specific" with my business but you are def helping with the clarity!!!...
I've been reading articles and books, watching videos and listening to podcasts for over a year now. Thing is, I have taken SOME action, but I'm not sure what to do. I am a drummer. I love drums, playing drums, watching/listening to other drummers play. So, I decided to start a drum company. I don't have a wood lathe or the money to buy one, so I figured out how to make drum shells without a lathe. Any tool I needed that I couldn't afford, I either YouTubed a solution or created my own. I build stave drums, which requires much less glue than commercial ply drums, thus improving resonance and sound quality. But, that being said, I still get stuck. I watched an article with Noah Kagan where he asked a wantrepreneur what problem they were solving and it hit me. I'm not solving a problem, there are plenty of drum shops out there, plenty of guys building amazing, beautiful drums that sound amazing. There are ridiculous amounts of custom drum builders. I have no idea how to set myself apart and I've racked my brain. So, my question is...what if you've found your idea, taken action, then realize you're one of a million who's good at what they do? I don't want to sell random stuff just to make money, I want to enjoy what I do and make money along the way. Any advice is appreciated. (Sorry for such a long post.)
Hey Matt, If you want to do the drum thing, then you've got to differentiate yourself. Being one of a million others doesn't mean your dead in the water. Do you have any idea how many other blogs about entrepreneurship there are!? If you link to your product site I'd be happy to give you an idea. But keep in mind Paul Graham's advice from the article: “Instead of asking ‘what problems should I solve?’ ask ‘what problem do I wish someone else would solve for me?’” Notice that this shifts the focus to solving a problem that others are less eager to solve--and therefore doing something less people are willing to do. (ie something with easier profits.)
Nice glad your like to talk trading as well!!! I def read the piece on importing a couple time and sat through like 3 of the webinars...veryyy helpful and thats what set me up for selling more stuff through alibaba. oh and def saw the drones on there and have been researching that. Just want to find the right angle with it. I hear you though! that one thing and hone in on that...makes since but def harder to do than it sounds lol
I sure will!!! I'll Def keep you updated on the success. Oh and do you do group deals on your import training? For instance if my business partner and I want to sign up...
Putting this on my list. Funny, I literally just wrote you that you should do some book recommendations, then I go here and find this. Haha.
Just emailed you :) Let's do this!
Lol perfect! A list would be great though.
Hi Kyle, Here are couple of my ideas I am currently thinking of pursuing. Please let me know your thoughts and any advise if you have for me. 1.) Alternate medicine forum - Analytic data presentation on best working remedy for each specific disease 2.) Insurance service - Comparing insurance quotes for folks and helping them saving money 3.) Wealth Mgmt with conservative options - giving people option to invest on their own with fixed income options and showing them risks for each of them. these are just few of them and have more ideas I keep on speculating as well. The issue I am facing is I am not able to convince myself 100% on any one and just jump on to it. Please advise how I can make that determination. Thanks, Atul
Kyle- Good post. Like Dave McLure of 500Startups says, 'Find something that sucks and make it suck less' Cheers, Rob
Lol I like that one too
I used to read the book of Rich Dad and Poor Dad series, but after happened to find this blog, I am attached to it because it is so near and real to me and my situation. Thank you, the master!
Just read this 2 weeks ago, what a coincidence! These days, we need all the leg-up we can get to compete in a crowded marketplace and Hooked definitely provides that. I'll be using the strategies when I create my first App in a few months. I love this site, btw.
Hi Kyle I,ve been reading posts on starting but dis is the best. I,ve been battling with the idea of quitting and starting a business but I don,t have the motivation and I am not sure of succeeding. Ideas i,ve been toying with are: Blogging Importing Trading in stocks Resuming forex trading Procurements for large corporations Public speaking A means to help people get energy 24hrs a day. And more later
Joshua. Have you made any progress ? You can reach me at harinathv@me(dot)com
Dear Kyle, I read through your educative blog and its so inspirational. I'm an entrepreneur with an initiative of empowering women in South Sudan. i was a banker for seven straight years and on my private business, i used to empower women in South Sudan to become financially stable by providing them with finances. Many of you know South Sudan just got her independence from Sudan in 2011, South Sudan still a virgin market that has not been utilized to the maximum. My company's name is called AWAIB, ALL WOMEN ACTION INITIATIVE BANK Experts say women lack access to finance, partly because of illiteracy, remote locations, and lack of documentation, but also because of deep-rooted patriarchal attitudes which mean men still control family budgets. Women who wish to start small businesses often do not have the technical and financial expertise or face discrimination at local banks when they try to get loans and other services. The setting up of All Women Action Initiative Bank is a small step towards the economic empowerment of our women. I have done it before, and I strongly believe that this initiative through your support will be an opening to a sustainable economic growth in South Sudan. I am also sure that it will particularly benefit women from the less privileged sections of our society. The fact that it will be run largely by women will serve as an example that given the opportunity, women are capable of taking on challenging tasks.