Hey guys, I am a long time entrepreneur. Originally, I caught the entrepreneur bug at around the age of 15. I tried affiliate marketing, drop shipping, eBay selling and created some really basic apps that I plastered all over google play. I was ALL action back then. If I thought it, I did it.
Life happens and I quit, but about 6 months ago I got bit again, but this time by the wantrepreneur bug. It turned out to be the best/worst thing that happened to me. Best because I ended up developing love for knowledge, growth, and looking forward to failure (for experiences). Worst because I can confidently say I don't take action anymore.
Now, I look back at these 6 months and I see how much I accomplished. Thing is, at the same time, I haven't accomplished anything. I've read tons of books, pseudo started a digital agency which I dropped the day after I got my "business cards", and got a an actual "job" with the skills I self-taught. It's been a lot of fake action. I'll spend hours researching a market to start a business to put it off and do nothing with that knowledge. I have so much information and knowledge on what to do, but very little practical experience.
My "ego" takes a serious hit when I ask questions like this. It makes me feel like everything I've been learning and going through have taught me nothing. I do understand my strengths and weaknesses better and I know I am good at creativity. I can put a good plan together, create replicable processes, and I am good at learning from experience.
Now, I want help businesses create their brand identity. To earn more experience I am planning on starting my own brand in a cognitive health company. Thing is, I am stressing over digital vs physical product. There are many more steps that come with starting a physical product company vs digital. Finding distributors, sources, logistics, and shipping. The plus on digital is the crazy possibility of growth. I think Uber & AirBNB. While I am sure it was not easy to get to where they are, they own 0 products. No hotels, no cars. I mean, shit, in some years AirBNB is valued higher than Marriott and Hilton. Digital is also my favorite landscape, being a digital marketer.
FINALLY... The question is, what drives you serial entrepreneurs to make a concrete decision?
P.S - I am not looking for a detailed answer to my question. I understand that everyone must make their own decision. My question is, when you feel indecisive, how do you combat it? What is your process of validating an idea? How do you validate it both for the market and for your own intuition? Most importantly, how did you acquire the skills to do this?
Life happens and I quit, but about 6 months ago I got bit again, but this time by the wantrepreneur bug. It turned out to be the best/worst thing that happened to me. Best because I ended up developing love for knowledge, growth, and looking forward to failure (for experiences). Worst because I can confidently say I don't take action anymore.
Now, I look back at these 6 months and I see how much I accomplished. Thing is, at the same time, I haven't accomplished anything. I've read tons of books, pseudo started a digital agency which I dropped the day after I got my "business cards", and got a an actual "job" with the skills I self-taught. It's been a lot of fake action. I'll spend hours researching a market to start a business to put it off and do nothing with that knowledge. I have so much information and knowledge on what to do, but very little practical experience.
My "ego" takes a serious hit when I ask questions like this. It makes me feel like everything I've been learning and going through have taught me nothing. I do understand my strengths and weaknesses better and I know I am good at creativity. I can put a good plan together, create replicable processes, and I am good at learning from experience.
Now, I want help businesses create their brand identity. To earn more experience I am planning on starting my own brand in a cognitive health company. Thing is, I am stressing over digital vs physical product. There are many more steps that come with starting a physical product company vs digital. Finding distributors, sources, logistics, and shipping. The plus on digital is the crazy possibility of growth. I think Uber & AirBNB. While I am sure it was not easy to get to where they are, they own 0 products. No hotels, no cars. I mean, shit, in some years AirBNB is valued higher than Marriott and Hilton. Digital is also my favorite landscape, being a digital marketer.
FINALLY... The question is, what drives you serial entrepreneurs to make a concrete decision?
P.S - I am not looking for a detailed answer to my question. I understand that everyone must make their own decision. My question is, when you feel indecisive, how do you combat it? What is your process of validating an idea? How do you validate it both for the market and for your own intuition? Most importantly, how did you acquire the skills to do this?
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