The Perfect Pick Doesn’t Exist
Summary
- You don't need to get the perfect business idea on your first try.
- You'll learn 100 times more by promoting your first product than by overthinking it.
- Avoid spending too much time just thinking about different business ideas.
- Picking any idea and starting is the most important step for getting feedback and making improvements.
- It's essential to begin the process to start learning and iterating.
Video
How To Take Action
I would suggest implementing the following strategies to get started on your small business, entrepreneurial journey, or personal growth efforts:
Start Now, Don't Overthink: The first thing you should do is pick an idea, any idea. Avoid getting stuck in the endless loop of "What if." Overthinking won't get you anywhere. It’s about action. Choose one idea you feel reasonably confident about and run with it.
Focus on Promotion: Your initial product doesn’t have to be perfect. You’ll learn exponentially more by trying to promote and sell it than by trying to perfect it in isolation. Put your product out there and start talking to potential customers. Listen to what they say and use that feedback to make improvements.
Iterate Based on Feedback: Once you have your first version out, don't just sit back. Engage with customers, gather their feedback, and iterate. When customers tell you what they like or don’t like, you get invaluable information that helps you refine your offering.
Minimal Time and Money Invested: In the early stages, keep your time and financial investment low. Utilize free or low-cost tools to get started. Focus on doing things that have high value but don’t require massive resources: social media marketing, content creation, and networking.
Learn As You Go: Every step you take offers a learning opportunity. Whether you succeed or fail, you'll gain insights that will be essential for future endeavors. Embrace the process, make adjustments, and stay persistent.
By following these steps, you’ll move from thinking to doing, and that’s where real progress happens. It's not about getting it perfect on the first try; it's about learning and adapting along the way.
Full Transcript
you need to get the perfect pick on the first try if you believe that the good news is it's not true you're going to learn a 100 times more actually trying to promote your first thing than you will trying to pick the right thing having not actually done anything cuz let's be real here's what not to do keep going on the mental masturbation cycle of the entrepreneur which is like oh I could do this business oh I could do this business oh I could do this business or this idea when in the reality is that none of them 6 months from now are going to have done anything cuz they're still in your head picking anything is the first step because that begins the iteration process of feedback so that you can get it right
