10,000 Hours Starting Online Businesses Taught Me This...
Last updated: Jul 30, 2023
This video is about the lessons the speaker has learned from spending over 10,000 hours building online businesses, including the importance of focusing on one business model at a time, outsourcing tasks to avoid burnout, and investing in help to scale the business.
This video by Greg Gottfried was published on Jun 25, 2023. Video length: 06:08.
This video is about the lessons the speaker has learned from spending over 10,000 hours building online businesses.
The speaker shares that they started with online business 10 years ago after being laid off from their job, and they have since accumulated over $2 million in profit. The speaker emphasizes the importance of focusing on one business model at a time and giving it all of your energy. They also discuss the benefits of hiring help once your business starts making a profit and not being afraid to invest in good help to take the business to the next level.
Lastly, they mention the importance of seeing even small amounts of profit as proof that the business is working.
Focusing on one business model at a time leads to better results and faster growth.
Outsourcing tasks can prevent burnout and allow for more focus on core strengths.
Investing in help can significantly increase profits and scalability.
Starting to make money early on provides proof of concept and motivation to continue.
Choosing the right business model can lead to faster growth and higher profits.