Itchy_Neighborhood51

I’m going to create a business consultancy. I have to find a niche/industry to target and then it’s go time

I am currently in university. Since I was young I wanted to be in control of my own life as a businessman. However, university seemed to be mandatory as I was pushed to go for post secondary education.

This has given me more time to focus on business, working out, and building on my time management skills.

It has also given me perspective, connections, and the ability to network in the area surrounding university.

Yes, I look at it as a waste of time because I hate “back up” plans, but in reality, it has given me more skills and time than working a job daily would give me.

Amazing work. And yes, you’re right. I only came to realize this lately as well. I’ve been moving things off my plate so that I can focus specifically on what I want to do.

Thanks for this comment

My issue was always finding what I was good at or finding something to solve. It wasn’t until later that I realized I had it wrong.

I don’t need to solve anything. I need to step into something that people WANT or NEED. Identify this, and then focus on getting really good at it. You’ll become an expert and be able to get more customers.

It’s not that easy. It takes discipline over motivation, but if you’re hungry for it, you’ll get it.

As some of the comments mention, put it in an account for emergency.

I recommend splitting it into chunks. Have one account that can pay for 3 months of your expenses in case of emergency.

I personally would have my 3 months of expenses set aside. Then I’d have the rest put into a separate account. 40% into a managed fund for dividend yields that can compound over time. 40% I’d manage myself in value investments but this takes time and failure to learn.

The remaining 20% I’d save each month to go towards courses, books, and self development to maximize my return in myself.

My company’s next major milestone is to generate a strong portfolio and grow with our first clients

If you want to attract parents that will send their kids, you need to pitch the effects of the kids being in the sports. Here are some ideas

1. team building experience
2. experiencing the fun of sports and growing together
3. opening time for the parents to watch their kids build themselves in a community environment
4. building on the important lessons to grow in the world

I had a very good basketball coach. He taught me many lessons both for on the court and off the court. He made me a stronger boy and man. Bring the dreams alive in their minds and give them someone to look up to.

You can grow organically through TikTok, instagram, Facebook, posting banners at local events, talking about your coaching to parents at these events, and so on.

Let me know if this is helpful.

Best Regards,

Landon DeReus

Your method is perfect. I have worked as the team manager of a sales team in an agency, and I stressed the importance of doing research first, then approaching them using this information.

Making the lead know you did your research, finding pain points, and spending time on it will perfect your skills and grow your ability.

I don’t recommend copy and paste methods because you don’t learn anything. I learned more in sales through specific approaches.

Best Regards,

Landon

If you seek to target people outside of your country, your basic option is doing any form of outreach to those businesses. It sounds as if you have a portfolio created and you know your industry, so pitching a call with them is your hardest aspect.

Another option for you would be to find a way to get in front of these international businesses in ways other than cold outreach. It could be ads, networking events, or asking existing clients if they could refer you to international clients.

Hope this helps.

Best Regards,

Landon

My first assumption was that it was a straight line and it was possible to walk alone. I then discovered that you must be able to read, write, communicate and work with others to expand your business. it is far from a linear pathway to building an empire.

Working with people is a double edged sword. I learned one of the most important aspect of business is the ability to analyze. Analyzing people, their behaviour, their habits. Analyzing businesses, systems. Analyzing yourself, your identity.

What is work that you can delegate? 20% of our efforts achieve 80% of the results.

Using the 80-20 rule, you can identify which work is useful, but not critical. Use your funds to outsource this work. This will open up time to study more areas and plan further expansions.

Another option is to hire the appropriate minds that can think outside of the box to tap into new niches and convert at higher rates.

Best Regards,

Landon

Personally, my day to day life is consistently busy, but consistent nonetheless. Hopefully this will help you

6:15 AM - wake up I have a light breakfast and a coffee after making my bed and getting ready for the day. Commute 1 hour to university while listening to a podcast The daytime is dedicated to getting ahead on university, and attending classes. Commute 1 hour home also listening to podcasts I will work a few hours on the farm to help out at home, eat dinner with family.

HERE IS WHERE THE REAL WORK STARTS

30 minutes of body weight workouts mandatory, 30 minutes basketball training

And the rest of my evening (typically 4-5 hours) dedicated to moving the organization forward.

The day often has communication and planning for business but the focus is opening the evening so it’s free of school work.

I then focus on getting a minimum of 6 hours of good sleep. I know more is required but right now it’s important to grow the business

You can see that I have all the tasks taken care of while working on the family farm, working out, playing a team sport, family dinner, and business. Sleep is crucial and my meals are lighter until dinner. Dinner is a healthy home cooked meal.

Hope this helps,

Landon