The-J
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I know quite a few people who didn't invest a single dollar in their business, but invested milli+ in learning.
The more you invest in learning, the less your expenses are.
This is evident in the service business.
People who are completely broke (like, $0 in the bank) can start by offering a service that they know how to provide consistently. They focus on getting leads and filling up their work schedule, first. Then, they hire people and scale to other geos or other web traffic sources.
Also, people who are completely broke can find a lot of knowledge online for free. Then, once they start making money, they can start paying for the real stuff from the mouth of people who actually are successful, but won't tell certain things online or in their books.
So, uh, yeah. My advice to young people is to (1) learn how to talk to people, and (2) learn a service to provide that has an obvious value-add. You get better at both these things the more you do them. Start with friends and family, then branch out to friends of friends and friends of family, then branch out to people you don't know.
Sounds easy? Well, it's the foundation of all service business and it's how people have been surviving for thousands of years.
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