Startup Ideas – What’s the FIRST STEP to start a business?


What’s the FIRST STEP to start a business? So I got a great question from one of my YouTube viewers (love you guys!) from ThePolybagCollector, who wrote in to say “If you want to start a business what’s the first step you should take? So this is a great question. The most important first step bar none is an easy question. For those of you who are loyal subscribers of the channel you already know what I’m going to say you have to find your passion. You have to build a business around something that you are passionate about. You have to be a little bit crazy to be an entrepreneur because it’s going to be really, really, really hard and nobody really talks about how hard it is to be an entrepreneur. You just hear all the good things and the big wins and the huge successes but it’s really hard! It’s going to be the hardest thing you’ve ever done in your life it’s starting a business and making it successful. It’s that hard. The same people, the logical people the normal people they’re going to quit because it gets too hard. So you have to have a little bit of crazy in you to be successful as an entrepreneur and it’s that deep love and passion for what you’re doing. The things that you would do even if you weren’t getting any money even if you’re not getting paid saying, “I need to keep doing this because this is important.” One of my favorite examples is George Lucas who started Star Wars and Lucas Films and Indiana Jones and his first six years in business were a failure complete failure – six years! And his friends and his family said “George, do the safe thing, get a job. What are you doing? This is not working. Okay, one year, two years… Six years?! It’s not working, man. Stop! You’re crazy.” And what kept him going, it wasn’t that he wanted to try to make a lot of money it’s that he loved films. And he said, “You know what? I don’t care if I ever make money on this. I have to find a way to keep going because I love it so much. That’s what kept him going. That’s what you need to find to keep you going. Lucas now is worth over 4 billion dollars. He’s a multibillionaire. But he only got there it was never about the money for him he got there because he loved what he was doing. So the number 1 most important rule how do you get started find you passion. Do something that you love and keep doing it every day. Find something that you can’t live without doing. You have to create this thing in the world because it’s a part of you and you have to share it and help other people achieve whatever their goals are. That’s your first rule. Believe. For those of you watching, you liked the video – thumbs-up below. Let me know what you think. Leave a comment below, ask me a question. I’ll make a video response. And click on my face if you want to subscribe to the channel and see more videos like this. Thank you so much, I’ll see you soon.

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10 thoughts on “Startup Ideas – What’s the FIRST STEP to start a business?

  1. Thats great. If you love what you do, you will never get bored. No matter how much money it gives you. It will give you a great pleasure deep inside your heart.

  2. I am very passionate about cooking and I would like to know where and how to go about getting funds. The government has programs if your a foreigner but im not. I have many ideas and I love to experiment food is an art form to me. I would really like to have a mobile unit.

  3. Great video. I just started informing myself on business and management, never liked money, so never been a big fan of business, but I have an idea and want to educate myself more on the subject and so far, these are the best videos. Very simple and straight to the point, the guy seems to speak from the heart. That said, I do not agree that logical people are the ones likely to quit; on the contrary, all the big names out there: Elon Musk (INTJ), George Lucas & Steven Spielberg (ENTP), Arnold Schwarzenneger (INTJ), Mark Zuckerberg (INTJ), Bill Gates (INTP or ENTJ), Steve Jobs (ENTJ), they are all rationals. Things rarely go as planned and between a feeler (emotional) and a thinker (rational), the feeler would be most likely to feel overwhelmed and ultimately quit once the reality hits and once strife and hardships set in, whereas a logical person is more likely to stay level-headed and rationally deal and adjust with whatever's coming his way. Another thing all those successful have in common is that they are all intuitive (N); they are future-oriented, they think outside the box and see the big picture, and they also see how things will fall into place and how the pieces will come together. They had a vision which nobody could see or comprehend and the respective combination of insightfulness and rationality allowed to bring their vision into fruition.

  4. Evan Carmichael is there any video about how to find someone as a business partner how do you identify someone is best for your business ?

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