6 Questions to Ask Yourself Before You Start a Business
WHAT YOU WILL LEARN
On this episode of Bootstrappers, we are going to discuss how we decided to quit our well paying corporate jobs and pulled the trigger to start our own businesses. From how to come up with a sound business idea, to how to pick yourself up after a massive public failure, we cover all the entrepreneurial risks, rewards and pitfalls.
π₯ KEYNOTES
- 01:07β Should I start a business?
- 02:30β Risks of being an entrepreneur and how we escaped the 9 to 5
- 03:26β How we decided to jump on the property management industry
- 06:14β Why having a clear advantage is essential to start?
- 09:02β How to build resilience and overcome the negativity around
- 13:10β How we leverage our business by getting a mortgage credit
- 14:44β You have to fail to learn; the important is to focus on your mindset
- 22:28β How Gwenn got her confidence back after a significant loss
- 24:50β Scarcity mindset: The importance of overcoming the lack of time, clients, money, etc.
- 26:15β Do not overcomplicate: Keep your processes and software solutions very simple
- 28:00β Streamline your operation and systems to avoid double work.
- 30:30β What I Learned Losing a Million Dollars - Jim Paul Page