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04-Oct-2017 03:39

Leverage skills you know- You can go into new fields such as say Finance, but make sure you’re leveraging something you already know such as technology and/or product. I said that would be fun, but it would be my first documentary regardless of what happened. If I do something leveraging a skill I know, I’m already ahead of the game. If your goal has primarily monetary motivations, look at the unsexy.Look in obscure places- We’re often fascinated with the shiny things in the internet industry. One example would be email newsletters, which I’ve profiled before.If you do focus on a dollar amount, focus on the first ,000- This usually means you’ve found some repeatable process / minimal traction.ie- if you’re selling a 0 product, you’ve already encountered 100 people who have paid you. It’s also a lot easier to take in when you’re looking at numbers.X is a really good idea and maybe even fits in with what you’re doing, but it would take you SO FAR off the path you’re on.If you implemented X it would take a ton of time and morph what you’re doing.

Be so good they can’t ignore you- I first heard this quote from Marc Andreessen, but he stole it from Steve Martin.It’s also really really hard to say no when it comes from someone well respected like a VC or famous entrepreneur. Hell, they might even write me a check if I do what they say!!!!! Instead write the feedback down somewhere as one single data point to consider amongst others.If that same piece of feedback keeps coming up AND it fits within the guidelines of your vision, then you should consider it more seriously.Find those small pieces and put them together to make the wave. The other guys really just rode the wave they created (which is okay).

Say no way more than you say yes- I bet almost every web entrepreneur has encountered this: You demo your product / explain what you’re doing and someone suggests that you do “X feature/idea”.

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