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Find A Business Model and Then Stick To It

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Jumpman

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Joined
Jun 11, 2020
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1
Location
Melbourne
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User Power: 400%
My belief is that you should find a business model that resonates with you and then achieve mastery in it.

I feel like initially you need to find what that business model is, is it apps, is it ecommerce, what type of ecommerce? so you try a bunch of different things.

I did that I created a mobile app, I sold a product on amazon, now I’m building an ecommerce brand starting off by creating a unique product.

Now I have a business model I want to spend the next decade building multiple Fastlane businesses in.

The process went like this Mobile App - Amazon FBA - Shopify eCommerce Brand.

Now I know from placing my toes in the water what that business model is, that I want to achieve mastery in. Building eCommerce Brands. In the Health & Beauty niche. Creating custom products and selling them.

Now my sole focus around everything I do business wise is around that business model. If I go slow lane for a bit, the jobs I apply for will aid me in my business model. I’ll be applying for ecommerce related jobs.

That is how you achieve mastery imo. Where you reach a level to spot needs and opportunities in your business model, that other people can’t see. You have a competitive advantage. Plus you have an edge in execution.

To summarise, my belief is you need to dabble with a few business ideas initially. Like an apprenticeship phase. Find a long term sustainable business model that suits you and is Fastlane and then go all in.
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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