15. How I Would Start a Business From Scratch (If I lost Everything)
Nov 27, 2017
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In this podcast, the speakers discuss strategies for starting a business from scratch in an emergency situation. They emphasize the importance of personalized emails, setting goals, and showcasing services through videos. They also highlight the significance of testing and getting results on a small scale before scaling up. Overall, the podcast focuses on building momentum and establishing a proof of concept when starting a business.
Identify local businesses with poor websites and offer to help them by sending personalized emails with a screen recording video, as it increases the chances of getting noticed.
When starting a business, focus on shorter timeframes and remain flexible, as plans will inevitably shift and evolve based on market feedback.
Deep dives
Starting from Scratch: Finding Clients and Providing Value
In this podcast episode, Sam Onance and Nick Fisher discuss the process of starting from scratch and finding clients in an emergency situation. They suggest that when starting with no money, connections, or followers, a simple and effective approach is to identify local businesses with poor websites and offer to help them. The hosts recommend using Google to find such businesses, creating a list, and sending personalized emails offering assistance. By including a screen recording video with a critique of the website, the email stands out and increases the chances of getting noticed. The hosts emphasize the importance of offering genuine value and standing out from the competition.
Believable Plans and Scaling Up
Sam Onance and Nick Fisher also explore the concept of creating believable plans and scaling up businesses. They emphasize the importance of basing plans on proven concepts and results. By starting small and testing ideas, one can build confidence and develop a vision for the future. Additionally, the hosts highlight the need to focus on shorter timeframes when starting out, such as one year, and allocating resources accordingly. They caution against extensive planning for longer periods, as plans often change due to the dynamic nature of business. Ultimately, they suggest that believability in a plan stems from proven concepts and realistic goals.
Adjusting and Adapting Long-term Plans
In this podcast episode, Sam Onance and Nick Fisher discuss the need to adjust and adapt long-term plans as circumstances change. They emphasize the importance of remaining flexible and open to new opportunities. While it is essential to have a vision for the future, the hosts recommend focusing on shorter timeframes, such as one month, one week, and one day, when starting out. They acknowledge that plans will inevitably shift and evolve, and encourage entrepreneurs to be willing to pivot based on market feedback. The hosts also share personal experiences of adjusting their initial visions and goals as their businesses progressed and changed over time.
Starting a business from scratch can be a challenging endeavor.
Many people become paralyzed by self-doubt and uncertainty when starting a business. This is why gaining momentum and establishing a proof of concept within the marketplace is a crucial step in achieving future success.
In today's podcast, I sat down with Nick Fisher to discuss how I would build a business from scratch if I were to lose everything and had to start over.
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