How to build earnings ?
1. WITH A GREAT HEART – IT WILL HAPPEN YOURSELF IN YOUR MIND
Identify the essence of the matter and clearly articulate it with heart and ultimate purpose. Whether you want to call it a vision, an emotion, a purpose, or a vocation, tell me very clearly; why I ‘m in business? – What is the bigger target in the pursuit?
2. BUILD COHESION OF THE TEAM – COLLABORATION WITH HUMANITY
The cohesion of team and the team spirit are more important than any idea, plan and calculations. The three priority fields must be; people, being human followers, and then humanity of the people. Build any kind of happiness.
3. SMART THINKING – BY GOVERNMENT IN DEVELOPMENT
Think Big, Start From Small – Scale or Fail Quickly. Per Lederhausen advice; set the first “start small” milestone right, step by step. The walkway is usually related to how people want to buy or at least try out the product and service.
4. FOCUS ON THE MARKET – THE BEST WONDERFUL SOLUTIONS
Focus closely on a targeted, defined, restricted, specific market subset or specific demand. At least start by thinking where you might be the best. This strategy is almost always more effective than being just one player in a massive and diverse market.
5. KNOW YOUR EARNINGS MODEL – HAVE A REALISTIC PLAN
Understand your earnings model. How to make money is more important than a professionally formatted Excel spreadsheet to point to economics that is simply too difficult to predict. at this early stage anyway. Understand the thorough ways you can make money – whether it’s business, advertising, orders, platform, concept, invention, products, services etc?
©2018, Matti Pyykkönen
by Anna Viital
Paul Graham: Schlep Blindness
Essays by Paul Graham: