D
DeletedUser84644
Guest
I don't get how MJ can say that you don't need much money to start a business when there are literally businesses that absolutely require capital to even get started. (Whether from your own money or investors). Starting an internet company is not the same thing as a manufacturing company. Where the former can be bootstrapped easily while the latter not so much.
While I understand that MJ can often oversimplify things to not have one overwhelmed by the details of everything to make the messaging hit home, knowing the details of everything is important when it comes to actually intending on taking action. If your product requires manufacturing, you cannot bootstrap that at all. You have to get money somewhere, and that's not bite sized money. You can only get that kind of seed capital from angel investors, and often, they're hard to find and convince. So personally, I find it a bit misleading. I like MJ's stuff and all, I just wish he did not leave out at the details of everything when it comes to the core components of what he talks about. It would be way more helpful if he at the very least explains the details that apply regardless of what kind of business you intend on doing. Your messaging can be fantastic, but if it doesn't actually spell out the precise details on what you must do action wise, then you feel helpless.
While I understand that MJ can often oversimplify things to not have one overwhelmed by the details of everything to make the messaging hit home, knowing the details of everything is important when it comes to actually intending on taking action. If your product requires manufacturing, you cannot bootstrap that at all. You have to get money somewhere, and that's not bite sized money. You can only get that kind of seed capital from angel investors, and often, they're hard to find and convince. So personally, I find it a bit misleading. I like MJ's stuff and all, I just wish he did not leave out at the details of everything when it comes to the core components of what he talks about. It would be way more helpful if he at the very least explains the details that apply regardless of what kind of business you intend on doing. Your messaging can be fantastic, but if it doesn't actually spell out the precise details on what you must do action wise, then you feel helpless.
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