Thinking Of Starting An Online Business?


2 minute read

Thinking of starting an online business?

Try my "4 self-promises" before you take the plunge...

๐ŸŸข ๐Ÿญ. ๐—œ ๐˜„๐—ถ๐—น๐—น ๐—ฑ๐—ผ ๐—ท๐˜‚๐˜€๐˜ ๐—ฒ๐—ป๐—ผ๐˜‚๐—ด๐—ต ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต "๐˜๐—ผ ๐—ฏ๐—ฒ ๐—ฑ๐—ฎ๐—ป๐—ด๐—ฒ๐—ฟ๐—ผ๐˜‚๐˜€" ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ๐—ป ๐—œ ๐˜„๐—ถ๐—น๐—น ๐—ท๐˜‚๐˜€๐˜ ๐˜€๐˜๐—ฎ๐—ฟ๐˜

- "Just start" has been the most powerful phrase of my career
- analysis paralysis used to destroy me
- if you knew everything you'd already have an awesome business

๐ŸŸข ๐Ÿฎ. ๐—œ ๐˜„๐—ถ๐—น๐—น ๐—ฝ๐—ฎ๐˜† ๐—ฎ ๐—น๐—ถ๐˜๐˜๐—น๐—ฒ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐˜๐—ต๐—ถ๐—ป๐—ด๐˜€ ๐˜‚๐—ฝ ๐—ฎ๐—ป๐—ฑ ๐—ฟ๐˜‚๐—ป๐—ป๐—ถ๐—ป๐—ด

- I personally need skin in the game to stay motivated
- I also find you just can't assume everything is free
- btw, I'm talking under $250 total (website, software, etc.)

๐ŸŸข ๐Ÿฏ. ๐—œ ๐˜„๐—ถ๐—น๐—น ๐˜€๐—ฒ๐—ฒ ๐—ถ๐˜ ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐—ฑ๐—ผ๐—น๐—น๐—ฎ๐—ฟ $๐Ÿญ

- I need to put in enough effort to at least create one sale
- a real sale, btw, not me asking a friend

๐ŸŸข ๐Ÿฐ. ๐—œ ๐˜„๐—ถ๐—น๐—น ๐—ฟ๐—ฒ๐—ฎ๐˜€๐˜€๐—ฒ๐˜€๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐—ฑ๐—ฒ ๐˜„๐—ต๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐—ผ๐—ฟ ๐—ป๐—ผ๐˜ ๐˜๐—ผ ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐—ณ๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ

- did I enjoy the process?
- did I make the sale in a reasonable timeframe?

If so I'll keep going (and reassess again)

- if it sucked I'll just kill it
- delete the accounts, the assets, etc.
- just cut my losses & move on

๐ŸŸข ๐—ง๐—ต๐—ฒ ๐˜€๐—ถ๐—น๐˜ƒ๐—ฒ๐—ฟ ๐—น๐—ถ๐—ป๐—ถ๐—ป๐—ด?

- no matter what happens I learned a ton
- it cost me a little time and money (but what doesn't)
- I'm not scared to try again next time
- ๐—ป๐—ฒ๐˜…๐˜ ๐˜๐—ถ๐—บ๐—ฒ ๐—บ๐—ถ๐—ด๐—ต๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—น๐˜† ๐˜„๐—ฒ๐—น๐—น

๐ŸŸข ↑ ๐—ง๐—ฟ๐˜† ๐˜€๐˜๐—ฒ๐—ฝ ๐Ÿญ.

—Chris

If and when the time is right, I offer refreshingly straightforward Financial Modeling Courses for FP&A and Private Equity Professionals that have been recognized all over the world.  Check them out if you're interested (if not, that's cool too ๐Ÿ‘).  Just click here.


Start, Grow, or Automate Your
Financial Consulting Business

Subscribe to The Finance Solopreneur and get 1 Actionable Tip each week.

    I will never sell your information for any reason.

    ยซ Back to Blog