It's all about leveraging knowledge and network. Look at companies that offer services that are often more scalable and require less upfront investment
I love the idea of service-based businesses. You can leverage your skills and expertise without the overhead costs of manufacturing. It’s smart to focus on what you already know and build from there.
I’ve also heard that networking plays a huge role. Connecting with the right people can open doors that you didn’t even know existed. But it can be intimidating to start that process.
It can be. But finding a mentor or working with someone experienced can help. Speaking of which, have any of you thought about talking to a financial advisor?
You know, that’s a great idea. I’ve always thought of financial advisors as just investment managers, but they can help with business planning too, especially when starting from scratch.
Love the idea of launching the waiting list first so you can ask how much people are willing to pay. Genius
Good insights, It sounds crazy, but it’s got me thinking.
It's all about leveraging knowledge and network. Look at companies that offer services that are often more scalable and require less upfront investment
I love the idea of service-based businesses. You can leverage your skills and expertise without the overhead costs of manufacturing. It’s smart to focus on what you already know and build from there.
I’ve also heard that networking plays a huge role. Connecting with the right people can open doors that you didn’t even know existed. But it can be intimidating to start that process.
It can be. But finding a mentor or working with someone experienced can help. Speaking of which, have any of you thought about talking to a financial advisor?
You know, that’s a great idea. I’ve always thought of financial advisors as just investment managers, but they can help with business planning too, especially when starting from scratch.
Thank you
Great insights!!!