SiuLung
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Hey everybody,
You surely don't remember me, and that's perfectly normal because I've been gone for the last few months. My last post (Could someone tell me what is wrong with me?) wasn't very uplifting. I was in a very bad place mentally, feeling powerless and overwhelmed with everything you can find online.
I want to thank everybody on this little corner of the internet for the support. This is an awesome community, and I want to give back. Hopefully, this execution thread will be shown to newcomers in several years.
Surely you're aware of the crisis the world is going through. I was forced to stay at home for several months. I did a lot of soul searching and fortunately I came up with/found a lot of answers.
This is simple : I do not want to live life the way everyone is living it. Comfortable job, mortgages, marriage, kids. I realized I always was in sync with the way of thinking described in @MJ DeMarco 's books. My week-ends are not for leisure. Their purpose is to allow me to work towards my dreams. Obviously, I feel some tension from my environment (especially my girlfriend) who doesn't picture anything but 9-5's and paid vacations. But this is MY life, and I'm free to pursue what I want.
Also realized I felt entitled. I mean REALLY entitled. That was the consequence of me experiencing "success", especially in school, without making any effort. Well, what I didn't know is that I had put in the work years earlier without even noticing it. And because I didn't notice it, I was expecting success without the necessary efforts.
I'm nowhere near where I want to be, but I want to share a few things that saved my life:
- @MJ DeMarco 's books: what is the script and what's the general blueprint to escape it?
- Andy Frisella's podcasts: understand once and for all that success requires work. There are no shortcuts. Introduction to mental toughness and leadership, very useful.
- This is the answer from Dan Norris: made me realize that nobody is going to give me an exact step-by-step plan. You're on your own, have a vision and act on it with faith and passion.
I started working out again, 1h /day, 6 days a week. Don't underestimate the power of working out. I'm so much more focused now. It will make you understand the concept of aggressive patience and having a long-term goal.
I left the company I was working for (it was a dead end), and took another job in a much smaller company (4 people, including me) in the modular construction industry. My advice: if you want to learn business, work in a small company in which you're very close to the owner. The range of tasks will be much wider, I learned more in 3 weeks than in 3 years at my previous job. My boss owns 7 businesses, yesterday I helped him refine a marketing copy for the VR software he's invested in.
My goal with this job: learn everything I can about the modular construction industry and either a) become an associate or b) start my own modular construction business. I'm already taking notes on what I can improve or do better.
However, in the meantime, I decided that it might be a good move to act on one of my idea. I won't tell what it is exactly, but this is nothing extraordinary. I identified a market (which is already a niche of a huge market). I stumbled upon a solution for this market that is not widely spread or mass produced, not for this purpose at least (this is used more as a hack), so my goal is to make it widely available and even to improve it. Given the size of the market, this could be a "F*ck you" type of business. That could give me the capital needed to start another business with higher barriers of entry, but that will be for another day.
My beginning strategy for this idea is:
- Try and build an audience, certainly on Instagram, in order to have a free outlet when I'll launch my first product. Hopefully this will help in gaining some traction in the beginning.
- Sell a "me-too" product, serving the crowd I identified. I'll make it unique especially with the designs and also the marketing around it. This product can be replicated and can be adapted in a lot of ways, so there's a lot of ways this will or won't appeal to the crowd. This will require some tuning. I thing I'll go the Alibaba way to find the manufacturer, the product is not some kind of pot of gold. Maybe I'll try and find one that's closer to me (Europe), given the recent events.
- Start selling the undistributed solution I stumbled upon. For that, I'll need to find a manufacturer who's producing it. I already began to look for it, and there are a lot of companies offering to make it, so it won't be a problem. What's great is that the manufacturers are not part of the industry I'm trying to serve. Long-term goal here is to have my own machinery. This product can also be adapted in a lot of ways.
- I though of a product that's just the natural evolution of the previous ones. In order to create it, I will need a warehouse, people, machinery, capital... At least something to start with. So it's very far from being done, but it's possible.
Sounds easy but I expect to experience pain and difficulties. Simple rule: apply, learn, adapt, repeat.
Time to put in the work guys, I'll try and keep you updated as often as I can. Give me strength!
SiuLung
You surely don't remember me, and that's perfectly normal because I've been gone for the last few months. My last post (Could someone tell me what is wrong with me?) wasn't very uplifting. I was in a very bad place mentally, feeling powerless and overwhelmed with everything you can find online.
I want to thank everybody on this little corner of the internet for the support. This is an awesome community, and I want to give back. Hopefully, this execution thread will be shown to newcomers in several years.
Surely you're aware of the crisis the world is going through. I was forced to stay at home for several months. I did a lot of soul searching and fortunately I came up with/found a lot of answers.
This is simple : I do not want to live life the way everyone is living it. Comfortable job, mortgages, marriage, kids. I realized I always was in sync with the way of thinking described in @MJ DeMarco 's books. My week-ends are not for leisure. Their purpose is to allow me to work towards my dreams. Obviously, I feel some tension from my environment (especially my girlfriend) who doesn't picture anything but 9-5's and paid vacations. But this is MY life, and I'm free to pursue what I want.
Also realized I felt entitled. I mean REALLY entitled. That was the consequence of me experiencing "success", especially in school, without making any effort. Well, what I didn't know is that I had put in the work years earlier without even noticing it. And because I didn't notice it, I was expecting success without the necessary efforts.
I'm nowhere near where I want to be, but I want to share a few things that saved my life:
- @MJ DeMarco 's books: what is the script and what's the general blueprint to escape it?
- Andy Frisella's podcasts: understand once and for all that success requires work. There are no shortcuts. Introduction to mental toughness and leadership, very useful.
- This is the answer from Dan Norris: made me realize that nobody is going to give me an exact step-by-step plan. You're on your own, have a vision and act on it with faith and passion.
I started working out again, 1h /day, 6 days a week. Don't underestimate the power of working out. I'm so much more focused now. It will make you understand the concept of aggressive patience and having a long-term goal.
I left the company I was working for (it was a dead end), and took another job in a much smaller company (4 people, including me) in the modular construction industry. My advice: if you want to learn business, work in a small company in which you're very close to the owner. The range of tasks will be much wider, I learned more in 3 weeks than in 3 years at my previous job. My boss owns 7 businesses, yesterday I helped him refine a marketing copy for the VR software he's invested in.
My goal with this job: learn everything I can about the modular construction industry and either a) become an associate or b) start my own modular construction business. I'm already taking notes on what I can improve or do better.
However, in the meantime, I decided that it might be a good move to act on one of my idea. I won't tell what it is exactly, but this is nothing extraordinary. I identified a market (which is already a niche of a huge market). I stumbled upon a solution for this market that is not widely spread or mass produced, not for this purpose at least (this is used more as a hack), so my goal is to make it widely available and even to improve it. Given the size of the market, this could be a "F*ck you" type of business. That could give me the capital needed to start another business with higher barriers of entry, but that will be for another day.
My beginning strategy for this idea is:
- Try and build an audience, certainly on Instagram, in order to have a free outlet when I'll launch my first product. Hopefully this will help in gaining some traction in the beginning.
- Sell a "me-too" product, serving the crowd I identified. I'll make it unique especially with the designs and also the marketing around it. This product can be replicated and can be adapted in a lot of ways, so there's a lot of ways this will or won't appeal to the crowd. This will require some tuning. I thing I'll go the Alibaba way to find the manufacturer, the product is not some kind of pot of gold. Maybe I'll try and find one that's closer to me (Europe), given the recent events.
- Start selling the undistributed solution I stumbled upon. For that, I'll need to find a manufacturer who's producing it. I already began to look for it, and there are a lot of companies offering to make it, so it won't be a problem. What's great is that the manufacturers are not part of the industry I'm trying to serve. Long-term goal here is to have my own machinery. This product can also be adapted in a lot of ways.
- I though of a product that's just the natural evolution of the previous ones. In order to create it, I will need a warehouse, people, machinery, capital... At least something to start with. So it's very far from being done, but it's possible.
Sounds easy but I expect to experience pain and difficulties. Simple rule: apply, learn, adapt, repeat.
Time to put in the work guys, I'll try and keep you updated as often as I can. Give me strength!
SiuLung
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