My questions:
- How to find a good business partner?
- How to live an entrepreneur/unemployed life?
- How to approach taxes as an entrepreneur?
- How to approach risk?
- How to build a support system?
- How to handle rejection?
- How to approach financial risk in a smart way?
- How to rebuild from nothing?
- How to deal with people looking down on you?
- How to get hired/search for a job?
- How to turn off work?
- How to minimize work effort/stress/inefficiency?
- How to process awkwardness?
- What are different selling methods?
- How to sell in a way that I feel myself?
- How to gain from/work with/ benefit from the American system?
- How can I be more resilient?
My intuitive answers to the questions:
How to find a good business partner?
- Write down what the ideal business is like
- Imagine all your favorite parts
- Imagine all the parts you need help with
- Write down your values
- Think about where a person like this (values + good in the areas you are weak + interest in your business area) would like to do/hangs out
- Ask close friends if they know someone like this
How to live an entrepreneur/unemployed life?
- They are different questions
- For the entrepreneur
- Without a company, you need to build a company around you
- Need to hire help/services to help automate different parts of life
- For the unemployed
- Now is the time to look for help
- Look into government assistance, help from family and friends
- To decide which one you are:
- Unemployed when you no longer have ability to make money
- If you have savings + some cashflow you are an entrepreneur
- If you have no savings and negative cashflow, you are unemployed
- You can be an entrepreneur and still work a job to increase your cashflow
How to approach taxes as an entrepreneur?
- Find a CPA that has experience working with entrepreneurs
How to approach risk?
- Risk is actually really simple
- Risk value = probability of success x value of success
- The higher the risk value, the more worth the risk, compare that with the resources the risk requires
How to build a support system?
- The easiest way are people who want to live in a similar world as you do
- People who’s goals align with yours
- The easiest way to ascertain this is just to ask people
- You can also try to go to places that are included in your vision for what type of world you want to live in
How to handle rejection?
- Repair the ways in which you rejected yourself
How to approach financial risk in a smart way?
- Get good at estimating risk value and investment
- If the risk value is $100,000, and the investment is $90,000 then the risk is likely worth it
- If the risk value is $100,000 and the investment is $10,000 then the risk is definitely worth it
How to rebuild from nothing?
- Know your strengths
- Know what people want
- Sell yourself
How to deal with people looking down on you?
- Repair the ways other people have looked down on your in the past
How to get hired/search for a job?
- Think about the jobs that will be easiest for you to get
- Based on the interviews and discussions, adjust closer to what makes you happy
How to turn off work?
- Create a viable plan for when pending work will be addressed
- Write down the plan and execute when you are ready
How to minimize work effort/stress/inefficiency?
- Focus on creating clarity at all times on what is expected and when
- Set boundaries around respect and time
- Make sure that the goals are specific and small enough to complete one at a time
How to process awkwardness?
- Find reasons why awkwardness is a good thing
What are different selling methods?
- Relationships sales – they like you
- Technical sales – they like the technology
- Pressure sales – they don’t want to say no
- Trust sales – they trust you
How to sell in a way that I feel myself?
- Trust sales + technical sales sounds most like me
How to gain from/work with/ benefit from the American system?
- Sell to the rich
- Hire people who are good at what they do
- Outsource tedious stuff to other countries or AI
How can I be more resilient?
- Spend time getting up when you fall
- Specifically focus time and effort on healing from painful experiences