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- My Business Philosophy
My Business Philosophy
how I think in business
Over the last 5 years, I’ve gotten to continuously reform my philosophy and my frameworks for how I go about building companies
from the people I bring onboard to help me
to the way I go about selecting ideas to pursue
to how I market them, etc.
there’s one that I’d say that’s most important though, that if you listen to really anyone that’s done well in business, in any niche, they will likely tell you this
you want to take the most predictable route to success
you may be like “wow bozo great observation”
but here’s what it means - beginners in business tend to want to try to build some new business, something that’s never been done before, some “big idea”
and I don’t know if it stems from seeing the great innovators of our time, like Elon Musk and Steve Jobs
or from watching shows like Shark Tank where a lot of the ideas are new inventions
because I remember watching Shark Tank growing up, and always trying to think of some “new invention” I could do
but guess what? I’m not Elon Musk or Steve Jobs
I’m not a genius IQ, and I don’t want to work 18 hours per day and sleep in my office because I’m so obsessed with getting us to mars
I want to build a business that makes good money, gives me freedom, and is sellable
the most PREDICTABLE way to achieve this, is to find a business that provides this for someone else, it’s making good money, it’s validated, seeing the marketing that’s working for them, and not COPYING everything, but taking inspiration and doing something different
this is what people will tell you to do regardless of the niche
drop shipping? find a product that’s already selling
copywriting? find good copy and tweak it to make it your own
software / apps? find one’s doing well and make different variation
SMMA? find a hot in demand service and begin offering it
no one tells you, go find a totally new product that no one has ever sold and go pioneer it
because the odds of you succeeding then are LOW
but if you pick an app or software, that there’s plenty of competiton making money with it, and you see the videos they have creators making and they go viral, and you see the ads they run, and you build a similar product with an edge, and you market in a similar way
the odds of you FAILING are low
if you built a clone of CalAI today, and you got fitness influencers to post about it, you WOULD make money
you wouldn’t do $1m/mo like calai, but you would make money
now the thing is - “how do I get the app built” and look these AI tools can’t fully build mobile apps, yet.
But what they can build, is the B2C web app version of it, launch as a web app, make some money, then pay some devs to turn it into a mobile app
these are my business philosophies:
take the most predictable path to success
get to market quickly and affordably
different is better than better (don’t argue why your product is better, show why it’s different)
marketing > product (the best marketer always wins)
and so far following these has done well for me, and I’ve condensed these frameworks into a playbook that I call the SaaS Fast Track
it’s like me downloading the info in my brain into yours, and making you take the most predictable path to winning in software
I show you exactly how I’ve built Payd up to this point, and how we’re engineering an insane launch
if you want a seat at the table to watch this unfold
Happy Sunday
Alex