Home Companies How I Bought My First One-Individual Enterprise at 28 Years Previous (And My Plan to Construct One other One Half-Time) | by Michael Lim | Oct, 2023

How I Bought My First One-Individual Enterprise at 28 Years Previous (And My Plan to Construct One other One Half-Time) | by Michael Lim | Oct, 2023

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How I Bought My First One-Individual Enterprise at 28 Years Previous (And My Plan to Construct One other One Half-Time) | by Michael Lim | Oct, 2023

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A practical journey to being acquired

Entrepreneur's Handbook
Photograph by Robert Linder on Unsplash

I simply bought my first enterprise.

After 456 days, my small one-person consulting enterprise has simply been acquired. I by no means thought I might get so far.

However right here’s how I did it.

For 2 years, I used to be a wantrepreneur.

I might speak endlessly about wanting to begin a enterprise. I might devour books, podcasts, and YouTube movies. However months and years would go by, and I wouldn’t take any motion.

I used to be mentally masturbating (with out lube).

The difficulty is that I wished perfection. Every thing needed to be prepared. The issue with perfection is that you simply’ll turn out to be overwhelmed. There is no such thing as a such factor as ‘excellent’ in enterprise.

  • Problem your self to make a million-dollar enterprise; you’ll shortly turn out to be overwhelmed.
  • Take into consideration the way you may begin making an additional $1,000 per 30 days, and also you’ll begin to assume creatively.

In truth, it virtually doesn’t matter how you begin.

However a very powerful factor is that you begin.

You possibly can all the time pivot and alter as you go. Construct the aircraft as you fly it. A enterprise is constructed by means of fixed iteration, not by grand design.

80% of enterprise success comes right down to your beliefs, and beliefs are strengthened by means of motion.

So don’t trouble meditating or shouting affirmations within the mirror.

All you want to do is:

  1. Present-up on a regular basis
  2. Transfer your enterprise ahead by 1%

Should you do that for an extended sufficient time, your enterprise development will compound.

Folks usually assume I used to be solely in enterprise for the cash. Whereas cash is vital, I used to be extra afraid of letting myself down. To going again to being a wantrepreneur.

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