Hey Guys,
Just wanted to share how this one sentence by MJ really struck me today. Like most guys out there, I was running after money. My thinking was, "Let's buy a widget at X and sell for Y" Or "How can I make money off this?". So, along this deluded thinking, I started two businesses which both died quickly after me giving them birth. One was about starting a coupon service targeted towards independent restaurants, service places. That met its violent demise when I got only one person interested after visiting 50+ restaurants. On the other side, I got 2 takers of the coupons (I was trying to get them on my mailing list). People were just not that into it.
The second idea was starting a web design company. Surprise, surprise. There are already 20 web design companies in the Phoenix area not to mention the coders looking for jobs at Craigslist. After doing SEO, calling small businesses everywhere and going around neighborhoods and dropping flyers, I decided that wasnt working out either.
Bottom line is that for both scenarios, I did not research of there really was a need for what I was offering. I just jumped in with both feet and drowned. I have some more ideas but this time I am really looking to see if there is a need out there for what I will be offering. Always follow the commandment of need or you will be wasting a lot of time with dud ideas.
Just wanted to share how this one sentence by MJ really struck me today. Like most guys out there, I was running after money. My thinking was, "Let's buy a widget at X and sell for Y" Or "How can I make money off this?". So, along this deluded thinking, I started two businesses which both died quickly after me giving them birth. One was about starting a coupon service targeted towards independent restaurants, service places. That met its violent demise when I got only one person interested after visiting 50+ restaurants. On the other side, I got 2 takers of the coupons (I was trying to get them on my mailing list). People were just not that into it.
The second idea was starting a web design company. Surprise, surprise. There are already 20 web design companies in the Phoenix area not to mention the coders looking for jobs at Craigslist. After doing SEO, calling small businesses everywhere and going around neighborhoods and dropping flyers, I decided that wasnt working out either.
Bottom line is that for both scenarios, I did not research of there really was a need for what I was offering. I just jumped in with both feet and drowned. I have some more ideas but this time I am really looking to see if there is a need out there for what I will be offering. Always follow the commandment of need or you will be wasting a lot of time with dud ideas.
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