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031 Starting a Business From Scratch
Manage episode 407365934 series 3559769
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If you’re passionate about something outside of your day job, yet, day after day you continue suffering at your 9-5, this episode is your ultimate wake up call! As you tune in, you’ll realize that you can monetize something you love and access the 5Fs: Freedom, Flexibility, Funds, Fulfilment, and Fun.
But how the hell do you get there if all your life you’ve been taught to go to school and get a good job? Well, you start from scratch.
Starting a business from scratch can seem overwhelming, especially if you’ve never been surrounded by entrepreneurial conversations. This episode will give you access to 5 very important conversations you must have with yourself before you plunge head first into business ownership.
The first conversation is around “why” you want to start your business. Your “why” must be bigger than yourself. It’s so big that it’ll push you through the tough moments in your business journey.
Secondly, find a really strong community. Maybe you team up with people or maybe you join a FB community or hire a coach. Your community adds some structure to your business life and will keep you focused on the “why”. Remember, we are not taught as little kids to be business owners so create a strong entrepreneurial community around ya!
Then find your passion and purpose AKA your genius zone. Your genius zone is something like breathing, your genius zone is so easy for you. And the best part is you can find a way to monetise it. Need to find your genius? Ask the people around you these questions: "Hey what do I provide?" or "What do you think is my secret sauce?" I bet you’ll be surprised about what value you truly bring to the table.
Next, consider what kind of audience you could impact? Fitness audience? Children? Animals?
Then start thinking of ideas on what you can create. Leslie shares almost 100 ideas in this episode!
Lastly, create a budget so you don't get caught blind sided by costs or even worse, debt.
Dig into this episode now!
Are you an employee or an entrepreneur? Take this quiz to find out: https://cutclass.mykajabi.com/9-5-or-build-your-own-business
Find more business resources here: https://www.letscutclass.com/
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