this post was submitted on 22 Nov 2023
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To get into unrecoverable debt and then tell everyone a ton of BS about how you hustled harder than them and they can make it too if they just tried harder. Change my mind. (JK you can’t change my mind)

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[–] AskFelix@alien.top 1 points 10 months ago

You are what you believe.

[–] chainstockss@alien.top 1 points 10 months ago

Ranch dressing

[–] Launchpad903@alien.top 1 points 10 months ago

consistency

[–] Slowmaha@alien.top 1 points 10 months ago
  1. Delusional self-confidence
  2. Horribly calibrated sense of risk-aversion
  3. Acceptance of unacceptably high debt
  4. Equally insane/supportive spouse
  5. Masochistic tolerance for pain
[–] m0llusk@alien.top 1 points 10 months ago

rich parents

[–] FaithlessnessPast929@alien.top 1 points 10 months ago

Make videos in your Rolls Royce, Bentley, Maybach And speak on things that will hit people emotions. While still calling them broke

[–] Vivid-Bed8453@alien.top 1 points 10 months ago (1 children)

Have realistic goals. Instead of trying to be a one off e-commerce guru, grind in car sales and you’ll know ALOT about sales and business. It’s cut throat but you can’t ever make any jumps without having the hard skills with it.

[–] whereismyza@alien.top 1 points 10 months ago

Flipping cars us the way

[–] Adventurous_Fig_941@alien.top 1 points 10 months ago

I don't think you need the debt part.

[–] alien-number-99@alien.top 1 points 10 months ago

Multiplying your income sources

[–] Apprehensive_Yak_276@alien.top 1 points 10 months ago

Put it in your bio that you're making six figures, and remind everyone why they're not making six figures whilst they're still in school

[–] Entrepreneurialcat@alien.top 1 points 10 months ago

The secret is to buy low and sell high. simple, yet complicated

[–] Freefromcrazy@alien.top 1 points 10 months ago

Become one with your inner world.

[–] CharcoalWalls@alien.top 1 points 10 months ago

The actual key is either having a need for money at a young age and figuring out a hustle and/or having the understanding that selling your time to do 100% of the work for someone else to make 99.9% of the money is absurd.

I'd go ahead and say the best entrepreneurs fall into one or both of these categories

[–] Indaflow@alien.top 1 points 10 months ago

One of the most quality posts I’ve seen here in some time. Thank you, finally.

[–] brianl047@alien.top 1 points 10 months ago

Money is just an artificial construct. Debt is just a promise by you that you will pay someone back (possibly with interest). If the debt is not personally guaranteed (a company's debt) it's implied that if the company dies the money is gone.

So I don't think you are far off the mark, lol.

[–] Hungry_Toe_9555@alien.top 1 points 10 months ago

Blind determination and a problem that needs to be solved

[–] slyack@alien.top 1 points 10 months ago (2 children)

Don't forget to sell the courses on how you did it

[–] ExplorerTechnical808@alien.top 1 points 10 months ago

This. I feel 90% of “entrepreneurs” are making money by telling people how to get rich. Kinda feel like a pyramid scheme at times…

[–] dephchild@alien.top 1 points 10 months ago

Those who can’t do, teach.

[–] Rcontrerr2@alien.top 1 points 10 months ago

Must be recorded in a yacht, not your yacht, just A yacht, of course before the owner shows up.

[–] Code4Kicks@alien.top 1 points 10 months ago

Stubbornness

[–] mvev@alien.top 1 points 10 months ago

assholes and elbows

[–] thecowgoesmoo23@alien.top 1 points 10 months ago

Secrete is mainly 2 things

  1. Sales, without sales/salesman there is no business
  2. Lead gen/marketing/advertising without having anyone to buy your product/service you’ll be out of business

All the other bullshit in between doesn’t matter as much.

[–] MoistenedNugget@alien.top 1 points 10 months ago
[–] Important_Expert_806@alien.top 1 points 10 months ago

You forgot timing, getting lucky and rich parents.

[–] Either-Buffalo8166@alien.top 1 points 10 months ago

Honestly,working all your waking hours,it's an unspoken rule of business

[–] Sweet-Double-6077@alien.top 1 points 10 months ago

Anyone can think and grow rich. That’s why only 1% of the world’s population actually gets filthy rich and most of them were born into it

[–] Successful_Sun_7617@alien.top 1 points 10 months ago

Finding your blue ocean where you’re the go to expert in the field.

[–] capecodcaper@alien.top 1 points 10 months ago

The key is failure, because you will at some point.

You will likely take on debt. Whether that debt is to credit card companies, banks, or investors, you will have debt. I took on a TON of CC debt while I was building my business because unexpected life expenses popped up. But as long as you make payments on time and can handle the temporary hit to your credit (and can suck-up the interest smack to the face) it isn't terrible and it is really easy to come back from.

There is always a path forward. There are too many woe is me people on here. You don't need to wither away to start a business.

[–] CoyotePuncher@alien.top 1 points 10 months ago

I swear this sub is nothing but posts like this

[–] SindersonLeezw@alien.top 1 points 10 months ago

when all else fails, it helps to have a rich family member to fall back on !

[–] ijustlikeelectronics@alien.top 1 points 10 months ago

Best way to make money online is to teach people how to make money online

[–] TuFlyKing@alien.top 1 points 10 months ago

There’s lots of secrets you should learn but to start you out, “find a need and fill it better than anyone else”.

[–] HelloObjective@alien.top 1 points 10 months ago

...the compulsion to implement your ideas.

[–] Bkeeneme@alien.top 1 points 10 months ago

Being in the right place at the right time and having the intuition to act on it.

[–] Bob-Roman@alien.top 1 points 10 months ago

Work smart and save money for the rainy days.

[–] intatewetrust@alien.top 1 points 10 months ago

You can just close the shop and Open a new shop let the public pay for your mistakes 😎😂 (sarcasm) lols

[–] designingproducts@alien.top 1 points 10 months ago

you forgot to make a youtube and tiktok channel about it.. hoping that you'll actually make real money from youtube and then you'll ACTUALLY be a successful entrepreneur.. thats how Graham Stephen and the rest did it.

[–] AdFuture8085@alien.top 1 points 10 months ago