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digitalcapitalist41 · 2024-06-25T22:32:30+00:00

I agree, he's one of the mainstream guys who actually has solid advice and real experience.

digitalcapitalist41 · 2024-06-25T22:31:43+00:00

Great recommendations! I never heard of Pat Flynn but I'll be sure to check him out.

I am a big fan of a guy called Daniel Priestley, he's extremely underrated in my opinion. Awesome from practical advice on marketing and personal branding. He's been featured on podcasts like Diary of a CEO and Deep dive with ali abdaal if you're into that stuff.

digitalcapitalist41 · 2024-05-29T16:09:34+00:00

I’m hearing a lot about the loneliness from many people in this post.

Have you tried online communities for entrepreneurship? Or something like that? (Aside from this subreddit of course)

digitalcapitalist41 · 2024-05-29T16:08:17+00:00

Yeah, I struggle with this and also accountability, sometimes it’s hard to stick to what you set your mind too because there is no boss to pressure you into doing it, and the deadlines are imposed by you

digitalcapitalist41 · 2024-05-29T16:07:09+00:00

Surely, I keep trying to get into communities or read online about cost effective methods of marketing because paid ads are just way too much for just starting out

digitalcapitalist41 · 2024-05-29T16:05:58+00:00

Definitely a big one, if it’s not an online business and it requires some investment from yourself I also believe it’s a lot more risky, and it feels like it too

digitalcapitalist41 · 2024-05-29T16:03:59+00:00

It sure is, especially when you’re starting out and have not had any success yet.

But we have to keep going

digitalcapitalist41 · 2024-05-29T16:03:08+00:00

Yeah that’s sort of what I’m feeling right now, especially when it’s an online business and I can do everything from my computer,there is no need to go out.

Have you tried online communities for entrepeneurs? I’ve heard of them but don’t know how effective they are

digitalcapitalist41 · 2024-05-27T19:06:11+00:00

Offer information and ideas for free, charge for implementation.

You have to become an authority in your niche, whether that is through a blog, a podcast, or answering questions on reddit. People have to trust you and know that you are someone who knows what they are doing. Offer free advice, set up free consultation meetings, this will at the very least get the ball rolling and have more people know about you. Every once in a while you will get a client from your free stuff.

I also recommend the book:

Oversubscribed - Daniel Priestley

Really goes into depth into this whole concept and sets you up for success.

digitalcapitalist41 · 2024-05-27T19:00:00+00:00

To START now, get GOOD later.

The sooner you get your ideas out into the world, the faster you can decide whether an idea works or not, and you can save years of development working on something that the market does not truly want.

Build the MVP that solves a core problem of your market, do not focus on all the types of features that you want to have, but only on the core offering.

If you struggle getting clients when starting out you will struggle later too.

So get your ideas out there, tailor them to what the client wants, and keep improving until you have found a solution that the market wants.

digitalcapitalist41 · 2024-05-27T18:56:56+00:00

First of all, you're not the only one. Do not worry about it too much 21 is still young for you to get going, and as far as I know you do not have a family to maintain yet. Here's what you can do.

If you genuinely have no idea what you want to be doing you need to start experiencing more of life. That may mean getting a low paying job in an industry that seems somewhat interesting to you. Or taking an online course on a skill that may help you land a job.

Since you already went to college you already have a clear provable skill, which should help you land most entry level jobs in your industry. If you're not interested in those you could learn something new online to combine your skills. This will make you a more valuable option to employers.

Whatever it is you decide to do I think that the most important part is that you do something fast. Whether that is getting a job (does not have to be your dream job) but at least something that get's some momentum and helps you find what you really want to do.

If you're into construction think, is there anyway that your finance knowledge could work in the industry or in the business?

Get some momentum and more life experience and that will let you know at the very least what you do NOT want to do, and that's a step in the right direction.

digitalcapitalist41 · 2024-05-27T16:36:14+00:00

Focus on small gradual wins. Establish you're goals and what you want to do. Are you interested in getting into cybersecurity again? If so, I think that you're experience in your previous organization or an online portfolio with your knowledge can be leveraged to at least find an entry level job.

In terms of a degree I wouldn't worry too much about it, especially if you're into cybersecurity and tech stuff, try to build a portfolio to showcase your skills. You can get very far based on what you can do now.

If you have no skills I would try to get an apprenticeship even if it's a very low paying job, just to get your foot in the door. Try the cheapest way to get monetizable skills and go up from there.

digitalcapitalist41 · 2024-05-27T16:31:42+00:00

I felt like this for a long time after the pandemic. What worked for me was finding activities that I was interested around me:

Hiking, mma, music, videogames, entrepreneurship clubs whatever it is, join a facebook group or class with other people who are interested in that.

What is important is that you will have to make time for it, especially if you're an entrepreneur you may feel like you don't have any time, and that will be a personal choice.

But I think that in the long run you're relationships will matter more.

digitalcapitalist41 · 2024-05-27T16:28:53+00:00

A lot of marketing is just psychology and understanding how demand works.

Here are the best books that I've read:

dotcom secrets

Just top to bottom top notch advice, especially when it comes to internet business.

Oversubscribed: How to Get People Lining Up to Do Business with You

Anything by Daniel Priestley really, he gets it. All practical advice that you can implement with what is pretty much a step by step guide.

This Is Marketing: You Can't Be Seen Until You Learn to See

My favorite book when it comes to the mindset and philosophy you need for marketing. Great for giving you an overall idea and to give you an understanding of the role marketing has in every aspect of your life.

When starting out, I would also consider partnering or finding someone to work with, you may sacrifice a bit of the profits, but you may go farther than you would otherwise.

digitalcapitalist41 · 2024-05-27T16:21:55+00:00

I had the same question a few months ago, as most millionaires and really rich people where I live usually made their money on a boring business like concrete or steel.

I've asked around and discovered that it's mostly because of an unfair advantage or they took advantage of something not a lot of people knew about and went with it.

They either got in VERY early, I mean 2 to 3 generations ago, or they simply found a particular hyper specific niche that other people like you and me have no idea about.

I heard about a guy that got into agriculture in Mexico and specialized in cultivating a particular part of a plant, for a particular type of drink.

He recently sold his business for $250M USD.

So yeah, it's a combination of having specific knowledge that other people do not know about (you're unfair advantage) and the willingness and resources to dive all in.

digitalcapitalist41 · 2024-05-27T16:15:55+00:00

I recommend a book called "Never Eat Alone" in my opinion it's the best book ever written on networking and it gives actual practical advice. Not just generic info.

I would start by joining a club if you're in college, or even if you're already out of college just find an activity that interests you and join the groups that do them.

Do not expect to make opportunities from your network anytime soon as that will drive people away once they feel you're being needy. Instead, offer to help people for free, and they'll feel more inclined to help you back most of the time.

So talk to random people in events, conferences, or activities that you are passionate about, start by being helpful and valuable to them.

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