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Having this inequality of information can give you, your first piece of leverage.Leverage skills you know- You can go into new fields such as say Finance, but make sure you’re leveraging something you already know such as technology and/or product. I said that would be fun, but it would be my first documentary regardless of what happened. If I do something leveraging a skill I know, I’m already ahead of the game. If your goal has primarily monetary motivations, look at the unsexy.You can surely get away with a boring product with no soul, but being so good you can’t ignore is much more powerful.Always keep your door/inbox open- You never know who is going to walk through your door contact you. At one point Bill Gates was just a random college kid calling an Albuquerque computer company.If that same piece of feedback keeps coming up AND it fits within the guidelines of your vision, then you should consider it more seriously.
If you do focus on a dollar amount, focus on the first ,000- This usually means you’ve found some repeatable process / minimal traction.
Get as many distribution channels as possible- There is some weird sense that if you build something they will just come. Each one by itself may not be large, but if you have many it starts to add up. If you’re a 100% SEO play, you’re playing a dangerous dangerous game. Go with your gut and do not care about fameballing- Go with what your gut says, regardless of how it might look to the rest of the world. Be an unrelenting machine– Brick walls are there to show you how bad you want something. If your goal is to become a millionaire, you need to be an unrelenting machine that does not let emotions make you give up / stop.
That a few “like” retweet buttons and emails to [email protected] make your traffic explode grow consistently. Too often we (I) get lost in caring about what people think. Don’t worry about becoming internet famous or appearing on teh maj0r blogz. Commit to your goals and do not waver from them a one bit regardless of what else is there. You either get it done with 100% commitment or you don’t. If it’s a mass market “trend” that’s all over the news, it’s too late- This means the barriers to entry are usually too high at this point to have the greatest possible chance of success.
Look in obscure places- We’re often fascinated with the shiny things in the internet industry. One example would be email newsletters, which I’ve profiled before.
Surround yourself with smart people- Smart people whom are successful usually got there by doing the same and have an innate desire to help those do the same.