I started an online (solo) business in January that recently crossed $100k in revenue and is on track to do $7.5k profit this month.
Below I've shared the most important things I've learnt on my journey in the hope you find them useful.
1) Emotions
There will be times when you're feeling on top of the world. There will be times when you doubt yourself and want to give it all up. This is completely NORMAL. Over time you will learn to control your emotions and get used to the rollercoaster!
Make sure you aren't making any heat of the moment decisions whilst you're emotional, take a step back and allow yourself some thinking time.
2) Doubling down
Double down on your winners. By all means experiment and try out new things, but when you have a winning formula double down.
3) Be comfortable with being uncomfortable
In the early days of being an entrepreneur you will feel out of your depth. Again, this is NORMAL. Pushing yourself out of your comfort zone is how you truly grow and learn. If you don't feel uncomfortable, you aren't dreaming big enough.
4) Health
I won't turn this into a Huberman post, but having a healthy diet, solid sleep schedule and doing regular exercise is probably the biggest ROI 'life hack'. You'll feel 10X better and will see results across all aspects of your life.
5) Passion wins
Whilst I agree passion is not relevant for all businesses (plenty of people make ridiculous money with boring businesses), I'd strongly recommend having some sort of passion and interest in the area. It will make the fun times feel like a blast and the bad times feel less like the end of the world.
6) You will take Ls.
In month 1 I took an L that wiped out 20% of my starting capital ($400/$2k). The most important thing is picking yourself up, learning from your mistake and getting back to work. As Alex Hormozi says "pay your ignorance tax"!
7) You can change your life really quickly.
It's crazy how life works and how quickly it can change. I'm not one for this 'monk mode' YouTube clickbait but seriously. Get your head down and implement positive lifestyle changes. You'll be amazed at how much you can achieve in a short period of time.
My DMs are always open for people looking for advice/ help.
Good luck champs, see you in the arena.
ADDED
Important context- i’m 25 years old and have a full time job as a product/data analyst.
Don’t get too caught up comparing yourself with all these 21 year old ‘millionaires’ you see online. It’s a tiny fraction of reality.
Your time will come!
Below I've shared the most important things I've learnt on my journey in the hope you find them useful.
1) Emotions
There will be times when you're feeling on top of the world. There will be times when you doubt yourself and want to give it all up. This is completely NORMAL. Over time you will learn to control your emotions and get used to the rollercoaster!
Make sure you aren't making any heat of the moment decisions whilst you're emotional, take a step back and allow yourself some thinking time.
2) Doubling down
Double down on your winners. By all means experiment and try out new things, but when you have a winning formula double down.
3) Be comfortable with being uncomfortable
In the early days of being an entrepreneur you will feel out of your depth. Again, this is NORMAL. Pushing yourself out of your comfort zone is how you truly grow and learn. If you don't feel uncomfortable, you aren't dreaming big enough.
4) Health
I won't turn this into a Huberman post, but having a healthy diet, solid sleep schedule and doing regular exercise is probably the biggest ROI 'life hack'. You'll feel 10X better and will see results across all aspects of your life.
5) Passion wins
Whilst I agree passion is not relevant for all businesses (plenty of people make ridiculous money with boring businesses), I'd strongly recommend having some sort of passion and interest in the area. It will make the fun times feel like a blast and the bad times feel less like the end of the world.
6) You will take Ls.
In month 1 I took an L that wiped out 20% of my starting capital ($400/$2k). The most important thing is picking yourself up, learning from your mistake and getting back to work. As Alex Hormozi says "pay your ignorance tax"!
7) You can change your life really quickly.
It's crazy how life works and how quickly it can change. I'm not one for this 'monk mode' YouTube clickbait but seriously. Get your head down and implement positive lifestyle changes. You'll be amazed at how much you can achieve in a short period of time.
My DMs are always open for people looking for advice/ help.
Good luck champs, see you in the arena.
ADDED
Important context- i’m 25 years old and have a full time job as a product/data analyst.
Don’t get too caught up comparing yourself with all these 21 year old ‘millionaires’ you see online. It’s a tiny fraction of reality.
Your time will come!
