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Turning $0 Into $100 Million: How To Make So Much Money You Question It's Meaning | Alex Hormozi PT 2

Tom Bilyeu's Impact Theory

NOTE

Focus on solving a customer's problem and starting a business

When starting a business, focus on identifying the customer avatar and the problem you want to solve for them. The problem you aim to solve should make the customer's life easier by saving time or effort. Simplify the initial steps of business setup by setting up legal incorporation, obtaining a bank account, and connecting a payment processor. Categorize businesses into selling products, providing services, creating software, or offering entertainment content. These are the four primary types of businesses to consider when starting out.

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