
I love talking shop with other entrepreneurs, but overwhelmingly, I feel like most posts these day are along the lines of...1) I have the best idea ever, but don't want to tell anyone about it cuz they'll steal it. What should I do?Comment: ideas are not as valuable as you think, execution is the hard part.2) I have no skills, no money, and no patience to learn anything. With that said, how do I make a lot of money?Comment: Go to school, or get a job in the industry you're interested in, and save some money. If you're not willing to do that, you don't actually want to be an entrepreneur. You just don't want a job, and think entrepreneurship is easier. Hint: it's not easier. It's harder.3) I want to start a business that requires tons of experiencing and capital, neither of which I have. How do I start? (Example: I want to start my own amusement park or build a nuclear submarine)Comment: this is just day dreaming. I'd love to build a robot car that will fly me to work, or the hoverboard from Back to the Future. That doesn't mean it's remotely possible for me to build these things. If you're capable of such things, I'll wager you don't need to ask for advice on Reddit on how to get started.4) I need to make $100 in the next 30 days. What should I do? Conversely, I need $1 Million in the next 5 minutes. What should I do?Comment: If your short term focus is on how much money you can make, building a business is probably not the right avenue to accomplish this goal. Building a business isn't an event, it's a process. Success typically does not come quickly, and requires a fair amount of persistence, even through periods of failure and doubt. For smaller sums, it's easier to just get a job. For astronomical sums, there is no reasonable way to get there. If it were that easy, everyone would do it. If you want high risk with high returns, become an options trader or hit Vegas.Final comment: if you really want to start a business, just do it. Do something. Do anything. Find a way to make a prototype or samples and get some feedback. Build a website. Just take some sort of action that gets your idea out into the world. You'll make lots of mistakes and it probably won't work out, but that's fine. This is how you learn. see hubwealthy.com/wealthy






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