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The Risks Of Being A Solopreneur

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It is possible for an entrepreneur to go solo. Entrepreneurs can succeed without any help. However, it is going to be a lot easier to be successful if you don’t become a solopreneur. With a team, you can come up with new ideas. Twitter was formed by a group of people working together. Facebook was formed by a group of people working together. Plenty of other companies were formed by a group of people working together as well.

It’s better to have a team to help you. With a team, there are more people with more expertise. You don’t have to know lines of code. One of the people on your team can be a coding expert.

There are going to be people who know methods of improving your business or how to do things related to your business that you don’t know. No one has all of the knowledge there is to be offered. The only way to know about what you don’t know is to have a team.

If you’re a solopreneur, chances are you are doing countless hours of work for your business. Instead of working on your business for countless hours, you can create a team so you will have more time to do different things. Having a business is important, but being able to take a break from your business is important as well.

Solopreneurs face the risk of not being able to manage their businesses or do what they do as effectively as they could. If you want to systematize your business and be more effective, then you need to have a team.

Artistic Persuasion

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Concetto spaziale, attese by Lucio Fontana

It’s incredible to see some of the things that people spend their money on. The art industry alone shows shocking numbers. Paintings that had no detail whatsoever are bought for millions of dollars. For these artistic paintings, the description is everything.

The artists were able to come up with really good descriptions in the perfect market for them in order to get millions of dollars from their paintings. Concetto spaziale, Attese, by Lucio Fontana is the one with the red background with five black dashes. How much would you buy that painting for?

It was sold for $1.5 million. The description for the painting must have been really good. The Concetto spaziale, Attese is not the only example.

Green White was sold for $1.6 million.

Untitled was sold for $28 million.

Cowboy was sold for $1.7 million.

Blue Fool was sold for $5 million.

These paintings were sold for these prices because the descriptions were very good. The descriptions encouraged people to spend millions of dollars on paintings that you and I could probably draw. Without the descriptions, the paintings wouldn’t have been sold.

I’m not encouraging anyone to over price themselves to this scale, but it is important to have a good description in order for your product to sell.

Thinking Isn’t Doing

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You can think of a goal. You can think of that product. You can think of your blog getting more visitors than ever before. You can think of having hundreds of thousands of followers.

You can think of all of those things, but those thoughts aren’t going to be useful if they aren’t implemented. No matter how long you think about something, it doesn’t happen until you take action. You can think of the next novel, but if you keep on thinking about it, you won’t write it.

Too many people are thinking without reacting and taking action. There are good reasons to think. You can prioritize what is important, what you need to get done, and how you want to get it done. However, by thinking too much, you won’t be able to accomplish what you were thinking of accomplishing in the first place.

Think frequently, but take action as well.

What Do You Wish You Knew Earlier?

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There are a lot of things I wish I knew earlier. There are probably some things you wish you knew about earlier as well.

I wish I knew about the method I use to get over 100 followers on Twitter every day earlier. My method involves following people who have similar interests and unfollowing the people who don’t follow you back.

What do you wish you knew? Please comment on what you wish you knew earlier so everyone can read a giant list. You may know something right now that someone wishes they knew.

Analysis Of Business Paralysis

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If something isn’t working, don’t abandon it right away. Before abandoning something, analyze the entire situation. Look at what went wrong and possible solutions. If you do end up giving up on the thing that doesn’t work, it’s better for you to learn where you went wrong so you don’t make the same mistakes again.
This is what most people ignore. We only want to look at our successes, but when it comes to the failures we face, we shove them as far away as possible. We ignore the mistakes. We ignore the struggles. We look at the successes. We look at the accomplishments and achievements we have.
The more mistakes you learn about, the fewer mistakes you are going to make. As you make less mistakes, you will be able to create a product that is worth sharing.

 

Ears Don’t Cause Arguments

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Entrepreneurs are constantly coming up with great ideas. Getting advice for those ideas is what proves to be difficult.
The first step the entrepreneur must take is to assemble a team of individuals who know enough about the niche of the idea and are willing to give suggestions. This team can be your family, your neighbors, or selected experts. Any team is a good one.
The second step the entrepreneur must take is to present the idea in a way that everyone on the team would understand it. This is done through examples, giving out details, and other methods.
The first two methods are not difficult to execute. The third method is the most difficult of the three to follow. The third method an entrepreneur must follow is the ability to listen to advice. There may be someone who says your idea isn’t going to work and what you can do to make it work. Most entrepreneurs wouldn’t take that advice and would bush off anything that person has to say for the duration of the meeting. This raises an argument in which everything goes out of control.
Listening doesn’t result in those arguments. When you assemble a team to discuss your idea, you aren’t only proclaiming it. You’re also listening for feedback.