Hello from sunny Portugal! I'm Jonah, 18 years old & joined the forum to get some more practical insights into entrepreneurship & learn from all of you.
I've started/tried many different businesses in the past since I was 12 or so, but nothing ever took off. Began developing an app until I found out by chance that there was the same app with pretty much the same USP already out there & backed by large companies (bad research). Tried dropshipping, also Google AdSense which made me some money until my account got banned. Also tried 100 other things, all of which didn't work out.
When I met my partner (a serial entrepreneur who built multiple successful businesses) a year and a half ago, something shifted in my way of thinking. He made me realise that I was always just copying what others were doing & not making my unique products/service, not even crafting a unique USP. Another big thing was that I never focused on making the product itself great, so people actually want it & so it brings them value. Instead, I always thought about how to get the most amount of traffic to a (shitty) product that people weren't interested in. Also, I consumed too much content from too many different people, leaving me confused about what is right & what works. Last big thing, I was wasting a lot of time on social media, falling prey to the infinite scroll feature.
Fast forward to today, I have a different strategy:
1. Focus on providing a great product with a unique USP that actually brings people value
2. Listen to fewer people, not overloading myself with information
3. Focusing on execution
4. All notifications turned off & not checking phone any more than 2-3x during the day. Everything that's going to get me forward is on my computer anyway.
Right now, I am searching for a custom digital service to sell, since it has a low barrier of entry (not much capital upfront) & you don't need to deal with the pains of having a physical product like stock, shipping, returns etc.
I am looking forward to learning from all of you guys, thanks for reading!
I've started/tried many different businesses in the past since I was 12 or so, but nothing ever took off. Began developing an app until I found out by chance that there was the same app with pretty much the same USP already out there & backed by large companies (bad research). Tried dropshipping, also Google AdSense which made me some money until my account got banned. Also tried 100 other things, all of which didn't work out.
When I met my partner (a serial entrepreneur who built multiple successful businesses) a year and a half ago, something shifted in my way of thinking. He made me realise that I was always just copying what others were doing & not making my unique products/service, not even crafting a unique USP. Another big thing was that I never focused on making the product itself great, so people actually want it & so it brings them value. Instead, I always thought about how to get the most amount of traffic to a (shitty) product that people weren't interested in. Also, I consumed too much content from too many different people, leaving me confused about what is right & what works. Last big thing, I was wasting a lot of time on social media, falling prey to the infinite scroll feature.
Fast forward to today, I have a different strategy:
1. Focus on providing a great product with a unique USP that actually brings people value
2. Listen to fewer people, not overloading myself with information
3. Focusing on execution
4. All notifications turned off & not checking phone any more than 2-3x during the day. Everything that's going to get me forward is on my computer anyway.
Right now, I am searching for a custom digital service to sell, since it has a low barrier of entry (not much capital upfront) & you don't need to deal with the pains of having a physical product like stock, shipping, returns etc.
I am looking forward to learning from all of you guys, thanks for reading!
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