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Entrepreneur Ideas – Webinar – (2 of 10) Getting Past Survival – 12 Rules for Startup Success


next week thing is test your commitment

next week thing is test your commitment so you write down all the ideas that you

so you write down all the ideas that you

so you write down all the ideas that you you’ve really got that 16 or higher so

you’ve really got that 16 or higher so

you’ve really got that 16 or higher so the ones that you’re excited about then

the ones that you’re excited about then

the ones that you’re excited about then I want you to go commit to doing some

I want you to go commit to doing some

I want you to go commit to doing some research on it now commit to

research on it now commit to

research on it now commit to understanding the lifestyle that goes

understanding the lifestyle that goes

understanding the lifestyle that goes with running that type of business and

with running that type of business and

with running that type of business and you you want to do at least a half an

you you want to do at least a half an

you you want to do at least a half an hour research on the internet and at

hour research on the internet and at

hour research on the internet and at least one trip to the library bookstore

least one trip to the library bookstore

least one trip to the library bookstore and this sheet here is just saying that

and this sheet here is just saying that

and this sheet here is just saying that you have to commit you put check mark

you have to commit you put check mark

you have to commit you put check mark for each one check check that commit to

for each one check check that commit to

for each one check check that commit to doing it and then you check when it’s

doing it and then you check when it’s

doing it and then you check when it’s done and this is important and I want

done and this is important and I want

done and this is important and I want you to go and actually go to a store or

you to go and actually go to a store or

you to go and actually go to a store or library to research and not just do it

library to research and not just do it

library to research and not just do it online it’s important because you’re

online it’s important because you’re

online it’s important because you’re you’re building momentum for your idea

you’re building momentum for your idea

you’re building momentum for your idea so you’re taking that time out of your

so you’re taking that time out of your

so you’re taking that time out of your day to go to the bookstore and do a

day to go to the bookstore and do a

day to go to the bookstore and do a little bit of research on that business

little bit of research on that business

little bit of research on that business opportunity and what the last I would be

opportunity and what the last I would be

opportunity and what the last I would be like and see if it’s something that

like and see if it’s something that

like and see if it’s something that still is a few it may sound interesting

still is a few it may sound interesting

still is a few it may sound interesting in our head but until you’re going out

in our head but until you’re going out

in our head but until you’re going out to learn about it it may not be as

to learn about it it may not be as

to learn about it it may not be as exciting anymore so you want actually

exciting anymore so you want actually

exciting anymore so you want actually going and do that if you can’t follow

going and do that if you can’t follow

going and do that if you can’t follow through in that commitment then you’re

through in that commitment then you’re

through in that commitment then you’re probably not going to be a great

probably not going to be a great

probably not going to be a great entrepreneur in that industry right if

entrepreneur in that industry right if

entrepreneur in that industry right if you if you wrote down some great ideas

you if you wrote down some great ideas

you if you wrote down some great ideas but you’re not willing to go up to the

but you’re not willing to go up to the

but you’re not willing to go up to the library and read a book then you’re

library and read a book then you’re

library and read a book then you’re probably not going to have the

probably not going to have the

probably not going to have the commitment to be able to launch a

commitment to be able to launch a

commitment to be able to launch a successful company out so the internet

successful company out so the internet

successful company out so the internet research a little bit easier library

research a little bit easier library

research a little bit easier library requires a little more commitment to

requires a little more commitment to

requires a little more commitment to encourage you to go out and do it and

encourage you to go out and do it and

encourage you to go out and do it and then the ones that you actually have

then the ones that you actually have

then the ones that you actually have gone and done you move those to the

gone and done you move those to the

gone and done you move those to the final list as potential opportunities to

final list as potential opportunities to

final list as potential opportunities to start a business off the last list here

start a business off the last list here

start a business off the last list here is you test your commitment and what

is you test your commitment and what

is you test your commitment and what you’ll find is as you do research on

you’ll find is as you do research on

you’ll find is as you do research on different ideas some of them are going

different ideas some of them are going

different ideas some of them are going to be ones that really speak to you that

to be ones that really speak to you that

to be ones that really speak to you that are really exciting and that you kind of

are really exciting and that you kind of

are really exciting and that you kind of get lost in and I found this was for me

get lost in and I found this was for me

get lost in and I found this was for me with famous entrepreneur so my website

with famous entrepreneur so my website

with famous entrepreneur so my website is really based around famous

is really based around famous

is really based around famous entrepreneur stories that’s how I

entrepreneur stories that’s how I

entrepreneur stories that’s how I started it and I found that when I was

started it and I found that when I was

started it and I found that when I was starting my business I could consume so

starting my business I could consume so

starting my business I could consume so many anything with entrepreneur of

many anything with entrepreneur of

many anything with entrepreneur of stories I loved hearing about the

stories I loved hearing about the

stories I loved hearing about the success of motivated me gave me ideas to

success of motivated me gave me ideas to

success of motivated me gave me ideas to grow my business and it just consumed me

grow my business and it just consumed me

grow my business and it just consumed me so if they’ve only spending half an hour

so if they’ve only spending half an hour

so if they’ve only spending half an hour on internet research was ridiculous I

on internet research was ridiculous I

on internet research was ridiculous I spent hours and hours hours hours doing

spent hours and hours hours hours doing

spent hours and hours hours hours doing it so I found that to be a

it so I found that to be a

it so I found that to be a extremely motivated me so you want to

extremely motivated me so you want to

extremely motivated me so you want to look at how much time you can spend

look at how much time you can spend

look at how much time you can spend doing all of those how much time did you

doing all of those how much time did you

doing all of those how much time did you spend online research in each idea how

spend online research in each idea how

spend online research in each idea how much time did you spend at the library

much time did you spend at the library

much time did you spend at the library of the bookstore and add all that up and

of the bookstore and add all that up and

of the bookstore and add all that up and then you’re going to end up seeing that

then you’re going to end up seeing that

then you’re going to end up seeing that some of the ideas just hit the bare

some of the ideas just hit the bare

some of the ideas just hit the bare minimum right you just did it because I

minimum right you just did it because I

minimum right you just did it because I told you to do order because you thought

told you to do order because you thought

told you to do order because you thought it was an interesting idea but you

it was an interesting idea but you

it was an interesting idea but you didn’t actually go and try and do a lot

didn’t actually go and try and do a lot

didn’t actually go and try and do a lot more go way above expectations and

more go way above expectations and

more go way above expectations and you’ll find it’ll be a big separation on

you’ll find it’ll be a big separation on

you’ll find it’ll be a big separation on this list some of them you’re going to

this list some of them you’re going to

this list some of them you’re going to spend a lot of time doing and some of

spend a lot of time doing and some of

spend a lot of time doing and some of them you won’t now think as an

them you won’t now think as an

them you won’t now think as an entrepreneur if you’re just doing a bare

entrepreneur if you’re just doing a bare

entrepreneur if you’re just doing a bare minimum you’re probably not going to

minimum you’re probably not going to

minimum you’re probably not going to have a lot of success right

have a lot of success right

have a lot of success right entrepreneurship is fun and awesome and

entrepreneurship is fun and awesome and

entrepreneurship is fun and awesome and very rewarding but it’s also a lot of

very rewarding but it’s also a lot of

very rewarding but it’s also a lot of hard work and so you can’t just do the

hard work and so you can’t just do the

hard work and so you can’t just do the bare minimum you have to be able to be

bare minimum you have to be able to be

bare minimum you have to be able to be able to invest a lot of time into it so

able to invest a lot of time into it so

able to invest a lot of time into it so look at your top ideas and rank them by

look at your top ideas and rank them by

look at your top ideas and rank them by how much time you actually spent

how much time you actually spent

how much time you actually spent researching it and if you see one two or

researching it and if you see one two or

researching it and if you see one two or three of them really above all the other

three of them really above all the other

three of them really above all the other ones those are the areas that you want

ones those are the areas that you want

ones those are the areas that you want to focus on so hopefully that helps walk

to focus on so hopefully that helps walk

to focus on so hopefully that helps walk you through how to identify your passion

you through how to identify your passion

you through how to identify your passion and then try to figure out what business

and then try to figure out what business

and then try to figure out what business opportunity you might be most interested

opportunity you might be most interested

opportunity you might be most interested in and be able to build around I’ll

in and be able to build around I’ll

in and be able to build around I’ll answer questions again as a comer at the

answer questions again as a comer at the

answer questions again as a comer at the end if you have more because I know a

end if you have more because I know a

end if you have more because I know a lot of people are struggling with that

lot of people are struggling with that

lot of people are struggling with that how to find a passion the next thing is

how to find a passion the next thing is

how to find a passion the next thing is work to learn started girl number two

work to learn started girl number two

work to learn started girl number two before you start your business I go try

before you start your business I go try

before you start your business I go try to get some actual experience in the

to get some actual experience in the

to get some actual experience in the field that you’re interested in so you

field that you’re interested in so you

field that you’re interested in so you know what you want to be an internet

know what you want to be an internet

know what you want to be an internet marketer go work with someone who goes

marketer go work with someone who goes

marketer go work with someone who goes into the mark you want to be a carpenter

into the mark you want to be a carpenter

into the mark you want to be a carpenter go work with somebody who is a carpenter

go work with somebody who is a carpenter

go work with somebody who is a carpenter right now if you haven’t started your

right now if you haven’t started your

right now if you haven’t started your business yet you’re you’re in a job so

business yet you’re you’re in a job so

business yet you’re you’re in a job so why not work in something that you can

why not work in something that you can

why not work in something that you can learn about so you can become a better

learn about so you can become a better

learn about so you can become a better entrepreneur at some point in the future

entrepreneur at some point in the future

entrepreneur at some point in the future so you’re going to be working anyway you

so you’re going to be working anyway you

so you’re going to be working anyway you might as well work to be able to gain

might as well work to be able to gain

might as well work to be able to gain experience for starters in your business

experience for starters in your business

experience for starters in your business as you’re doing it I wouldn’t worry so

as you’re doing it I wouldn’t worry so

as you’re doing it I wouldn’t worry so much about the money yes you need to

much about the money yes you need to

much about the money yes you need to make some money to be able to you know

make some money to be able to you know

make some money to be able to you know support yourself and you know pay all

support yourself and you know pay all

support yourself and you know pay all your bills but the more important thing

your bills but the more important thing

your bills but the more important thing here is the experience you want to try

here is the experience you want to try

here is the experience you want to try to take on as many projects as you can

to take on as many projects as you can

to take on as many projects as you can try to get a job where you can work with

try to get a job where you can work with

try to get a job where you can work with the CEO or the the entrepreneur

the CEO or the the entrepreneur

the CEO or the the entrepreneur themselves so

themselves so

themselves so that you can learn directly what they’re

that you can learn directly what they’re

that you can learn directly what they’re going through if you’re a web designer

going through if you’re a web designer

going through if you’re a web designer and you want to set your own web design

and you want to set your own web design

and you want to set your own web design company if you’re already working at a

company if you’re already working at a

company if you’re already working at a web design company try not to just do

web design company try not to just do

web design company try not to just do the web design because an entrepreneur

the web design because an entrepreneur

the web design because an entrepreneur is more than just being you know one

is more than just being you know one

is more than just being you know one specific task try to work with the

specific task try to work with the

specific task try to work with the entrepreneur and offer to take on more

entrepreneur and offer to take on more

entrepreneur and offer to take on more responsibilities and get more involved

responsibilities and get more involved

responsibilities and get more involved you’ll be able to learn way more by how

you’ll be able to learn way more by how

you’ll be able to learn way more by how to start a company by getting that

to start a company by getting that

to start a company by getting that hands-on experience now if you’re ready

hands-on experience now if you’re ready

hands-on experience now if you’re ready have a job and you don’t want to leave

have a job and you don’t want to leave

have a job and you don’t want to leave it to try something new you have some

it to try something new you have some

it to try something new you have some security I know it can be tough if you

security I know it can be tough if you

security I know it can be tough if you you’ve already been working somewhere

you’ve already been working somewhere

you’ve already been working somewhere for ten years it’s hard to leave it and

for ten years it’s hard to leave it and

for ten years it’s hard to leave it and take an internship job somewhere else do

take an internship job somewhere else do

take an internship job somewhere else do it part time weekend ends evenings find

it part time weekend ends evenings find

it part time weekend ends evenings find a company that you can work for at a you

a company that you can work for at a you

a company that you can work for at a you know whatever rate doesn’t matter you

know whatever rate doesn’t matter you

know whatever rate doesn’t matter you want the experience and the thing here

want the experience and the thing here

want the experience and the thing here is you’re going to take your watch

is you’re going to take your watch

is you’re going to take your watch University going to entrepreneur

University going to entrepreneur

University going to entrepreneur university and you’re getting paid to do

university and you’re getting paid to do

university and you’re getting paid to do it right you’re not having to pay for

it right you’re not having to pay for

it right you’re not having to pay for the opportunity to learn they’re paying

the opportunity to learn they’re paying

the opportunity to learn they’re paying you a salary right sis you’re helping

you a salary right sis you’re helping

you a salary right sis you’re helping them you can have some only evenings or

them you can have some only evenings or

them you can have some only evenings or weekends you’re getting paid to learn

weekends you’re getting paid to learn

weekends you’re getting paid to learn and take on as many projects as you can

and take on as many projects as you can

and take on as many projects as you can and then you’ll be able to have a lot

and then you’ll be able to have a lot

and then you’ll be able to have a lot more success in a knowing it is right

more success in a knowing it is right

more success in a knowing it is right for you right you may you may start this

for you right you may you may start this

for you right you may you may start this thing you’ll get a part-time job with

thing you’ll get a part-time job with

thing you’ll get a part-time job with this company and realize you know what I

this company and realize you know what I

this company and realize you know what I I do not want to be a web designer I do

I do not want to be a web designer I do

I do not want to be a web designer I do not want to be a carpenter or whatever

not want to be a carpenter or whatever

not want to be a carpenter or whatever it is and that’s great because you’ve

it is and that’s great because you’ve

it is and that’s great because you’ve learned on somebody else’s dying you

learned on somebody else’s dying you

learned on somebody else’s dying you haven’t gone in and spent thousands of

haven’t gone in and spent thousands of

haven’t gone in and spent thousands of dollars or whatever it is and quit your

dollars or whatever it is and quit your

dollars or whatever it is and quit your job to start this business and then

job to start this business and then

job to start this business and then realize that it wasn’t for you so you

realize that it wasn’t for you so you

realize that it wasn’t for you so you want to be able to get that hands-on

want to be able to get that hands-on

want to be able to get that hands-on experience figured if it’s for you or

experience figured if it’s for you or

experience figured if it’s for you or not and then also build up some contacts

not and then also build up some contacts

not and then also build up some contacts and build up some experience that when

and build up some experience that when

and build up some experience that when you do go out and launch a business

you do go out and launch a business

you do go out and launch a business you’re really ready to go and do it so

you’re really ready to go and do it so

you’re really ready to go and do it so that’s work tools learns a quick quote

that’s work tools learns a quick quote

that’s work tools learns a quick quote from a robert kiyosaki who’s the rich

from a robert kiyosaki who’s the rich

from a robert kiyosaki who’s the rich dad poor dad work to learn don’t work

dad poor dad work to learn don’t work

dad poor dad work to learn don’t work for money look for jobs that can help

for money look for jobs that can help

for money look for jobs that can help you develop the skills systems of people

you develop the skills systems of people

you develop the skills systems of people rather than just pay you well and you’re

rather than just pay you well and you’re

rather than just pay you well and you’re gonna I know mine is important you’re

gonna I know mine is important you’re

gonna I know mine is important you’re going to make money you’re going to make

going to make money you’re going to make

going to make money you’re going to make money as an entrepreneur that’s the

money as an entrepreneur that’s the

money as an entrepreneur that’s the payday that’s the bigger payday down the

payday that’s the bigger payday down the

payday that’s the bigger payday down the road right now you got to get your

road right now you got to get your

road right now you got to get your experience if you haven’t actually

experience if you haven’t actually

experience if you haven’t actually started business before and another

started business before and another

started business before and another quick quote from Ben Franklin many

quick quote from Ben Franklin many

quick quote from Ben Franklin many empties his purse into his head no man

empties his purse into his head no man

empties his purse into his head no man can take it away from him an investment

can take it away from him an investment

can take it away from him an investment in knowledge always pays the best

in knowledge always pays the best

in knowledge always pays the best interest

interest

interest moving on so set up real number three

moving on so set up real number three

moving on so set up real number three start part-time this is really important

start part-time this is really important

start part-time this is really important as well a lot of people think to start a

as well a lot of people think to start a

as well a lot of people think to start a business they have to quit their job and

business they have to quit their job and

business they have to quit their job and jump in full time and I think you can

jump in full time and I think you can

jump in full time and I think you can start it on a part-time basis very

start it on a part-time basis very

start it on a part-time basis very easily so if you already have your

easily so if you already have your

easily so if you already have your full-time job and I hopefully senior

full-time job and I hopefully senior

full-time job and I hopefully senior industry if it’s not you’re doing

industry if it’s not you’re doing

industry if it’s not you’re doing something else to learn but then start

something else to learn but then start

something else to learn but then start your business on the side and commit

your business on the side and commit

your business on the side and commit time to it every day even if it’s half

time to it every day even if it’s half

time to it every day even if it’s half an hour a day 15 minutes that they find

an hour a day 15 minutes that they find

an hour a day 15 minutes that they find the chunk of time every day to do

the chunk of time every day to do

the chunk of time every day to do something to move your business forward

something to move your business forward

something to move your business forward it’s a lot less risk so you already have

it’s a lot less risk so you already have

it’s a lot less risk so you already have your income coming in from your job and

your income coming in from your job and

your income coming in from your job and now here’s an opportunity to make a

now here’s an opportunity to make a

now here’s an opportunity to make a little bit more if you can figure out at

little bit more if you can figure out at

little bit more if you can figure out at what point you want to leave your job to

what point you want to leave your job to

what point you want to leave your job to focus on your business a lot of people

focus on your business a lot of people

focus on your business a lot of people say and once I’m making the same income

say and once I’m making the same income

say and once I’m making the same income for my business as am from my job then

for my business as am from my job then

for my business as am from my job then I’m going to quit or if I’m making fifty

I’m going to quit or if I’m making fifty

I’m going to quit or if I’m making fifty percent I’m gonna quit who’d exam for my

percent I’m gonna quit who’d exam for my

percent I’m gonna quit who’d exam for my wife she was she right now runs the

wife she was she right now runs the

wife she was she right now runs the largest salsa dance for geeky people had

largest salsa dance for geeky people had

largest salsa dance for geeky people had a sauce salsa dance in in maybe north

will your how to do it and she started

will your how to do it and she started doing it as a part-time hobby she was

doing it as a part-time hobby she was

doing it as a part-time hobby she was working at the Marriott and had a really

working at the Marriott and had a really

working at the Marriott and had a really great was salsa dancing and just fell in

great was salsa dancing and just fell in

great was salsa dancing and just fell in love with it and she took the

love with it and she took the

love with it and she took the opportunity to start her own business

opportunity to start her own business

opportunity to start her own business and thought maybe I’m gonna earn I what

and thought maybe I’m gonna earn I what

and thought maybe I’m gonna earn I what I was doing I can marry but that’s okay

I was doing I can marry but that’s okay

I was doing I can marry but that’s okay because I’m doing something I’m really

because I’m doing something I’m really

because I’m doing something I’m really passionate about so that opportunity

passionate about so that opportunity

passionate about so that opportunity turned into a huge business for her and

turned into a huge business for her and

turned into a huge business for her and she now has ten instructors and fifty

she now has ten instructors and fifty

she now has ten instructors and fifty people who helped her and built a huge

people who helped her and built a huge

people who helped her and built a huge business as a result of it so start

business as a result of it so start

business as a result of it so start part-time you’re much more likely to

part-time you’re much more likely to

part-time you’re much more likely to keep it going if you’re still earning

keep it going if you’re still earning

keep it going if you’re still earning some kind of money coming in but you

some kind of money coming in but you

some kind of money coming in but you have to make sure that you’re doing

have to make sure that you’re doing

have to make sure that you’re doing something every day to make sure that

something every day to make sure that

something every day to make sure that business is growing so a quick quote

business is growing so a quick quote

business is growing so a quick quote from Alan Sugar was from from Britain

from Alan Sugar was from from Britain

from Alan Sugar was from from Britain and he’s on that the artist version in

and he’s on that the artist version in

and he’s on that the artist version in Britain start small start with your own

Britain start small start with your own

Britain start small start with your own money you don’t need to go out and raise

money you don’t need to go out and raise

money you don’t need to go out and raise a ton of venture capital you don’t need

a ton of venture capital you don’t need

a ton of venture capital you don’t need to go out and get you know millions on

to go out and get you know millions on

to go out and get you know millions on board before you start your business

board before you start your business

board before you start your business start really small and

start really small and

start really small and start part time and just make sure hey

start part time and just make sure hey

start part time and just make sure hey Evan in the right business go back to

Evan in the right business go back to

Evan in the right business go back to step salon and do something that you’re

step salon and do something that you’re

step salon and do something that you’re passionate up you should come home if

passionate up you should come home if

passionate up you should come home if you’re working out and say I can’t wait

you’re working out and say I can’t wait

you’re working out and say I can’t wait to go and spend time working on my

to go and spend time working on my

to go and spend time working on my business huh yep we lost your audio

business huh yep we lost your audio

business huh yep we lost your audio there for a little bit connection and

there for a little bit connection and

there for a little bit connection and you guys hear me I can hear you we just

you guys hear me I can hear you we just

you guys hear me I can hear you we just awaiting a little fuzzy yeah just for a

awaiting a little fuzzy yeah just for a

awaiting a little fuzzy yeah just for a little bit yep ok now it’s guy yet looks

little bit yep ok now it’s guy yet looks

little bit yep ok now it’s guy yet looks like we’re good yeah and sure shireen

like we’re good yeah and sure shireen

like we’re good yeah and sure shireen was saying go a little slower I guess

was saying go a little slower I guess

was saying go a little slower I guess maybe she’s taken notes um but she she

maybe she’s taken notes um but she she

maybe she’s taken notes um but she she thinks you might be going a tad fast so

thinks you might be going a tad fast so

thinks you might be going a tad fast so ok uh are you excited but we’ll go we’ll

ok uh are you excited but we’ll go we’ll

ok uh are you excited but we’ll go we’ll slow it down a little bit it’s hard to

slow it down a little bit it’s hard to

slow it down a little bit it’s hard to paste it because we think it’s when you

paste it because we think it’s when you

paste it because we think it’s when you can’t see anybody you can’t see their

can’t see anybody you can’t see their

can’t see anybody you can’t see their people’s reaction so and also we are

people’s reaction so and also we are

people’s reaction so and also we are recording this so hopefully we can get

recording this so hopefully we can get

recording this so hopefully we can get this up to you within a few days but you

this up to you within a few days but you

this up to you within a few days but you know if you do miss anything please you

know if you do miss anything please you

know if you do miss anything please you know don’t worry about it we do have

know don’t worry about it we do have

know don’t worry about it we do have questions at the end and we’re recording

questions at the end and we’re recording

questions at the end and we’re recording this too so um you know that’s just to

this too so um you know that’s just to

this too so um you know that’s just to make sure that they know that all right

make sure that they know that all right

make sure that they know that all right ok you Evan great thank you yeah and

ok you Evan great thank you yeah and

ok you Evan great thank you yeah and thanks Carl for going to keeping us on

thanks Carl for going to keeping us on

thanks Carl for going to keeping us on track there

”

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