Ep79 - HOW TO BUILD A BUSINESS PT1

In this conversation, Jay and Dan discuss the process of starting a business and transitioning from employment to entrepreneurship.They emphasiSe the importance of finding clarity and identifying one's skills and passions. They also highlight the value of researching successful businesses in the same field and asking for feedback from friends and colleagues.TakeawaysTest and hire freelancers to help with tasks you're not organized or skilled in.Reach out to people through DMs and other forms of outreach to make connections and promote your product or service.Tell people what you do and how you can help them, as it is your duty to share your solution.Be persistent in your marketing efforts and consistently make offers to your audience.Believe in your product or service and confidently promote it to others.Chapters00:00 Introduction and Personal Updates02:10 Transitioning from Employment to Entrepreneurship04:48 Taking the First Step and Overcoming Doubts06:15 Finding Clarity and Identifying Skills07:13 Researching Successful Businesses in the Same Field10:20 Asking for Feedback and Identifying Personal Strengths11:41 Building a Personal Brand and Connecting with Customers16:24 People Buy People, Not Products23:15 Conversations Lead to Conversions24:42 Testing and Hiring Freelancers25:12 The Power of DMs and Outreach26:09 The Importance of Telling People What You Do27:04 Consistency in Marketing and Offers28:20 The Duty to Share Your Solution29:00 Overcoming the Fear of Failure29:25 Being Shameless in Self-Promotion30:22 The Importance of Persistence and Rejection31:16 Getting Through to Busy People32:15 The Power of Routine and Persistence33:03 The Value of Offering to Work for Free34:02 Reducing Friction and Making Connections35:12 The Importance of Confidence and Belief in Your Product37:28 The Three Cs: Content, Conversations, and Connections39:46 The Reality of Entrepreneurship45:23 The Skills Needed to Grow a Business48:37 Teaser for Next Episode: Specifics on Business Skills