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Ross McGarvey/Business

Business

So, you think that being an entrepreneur is for you? You may want to rethink that after reading this.

Not the cheerleading headline you were hoping for? Let me explain. Being an entrepreneur is hard, probably one of the hardest professional paths you can take. You can’t just want to be an entrepreneur and play at it; you have to go all in. It has to be in your DNA. Here’s a more direct statement: you either have what it takes and get to work, or you don’t. The hustling entrepreneur has been over-glamorized...

Work Harder

Enjoy The Challenge

Question: What do you love about being an entrepreneur? Answer: I get to lie in every day…yeah right. I’ve been an entrepreneur so long I almost don’t remember jobs before that. I don’t remember another way to work. When I was younger I worked at call centers, I worked at McDonald’s, and I worked at other odds and ends jobs. But it’s been about 15 years since I’ve been employed at any jobs like that. My early jumps...

Focus

I Don’t Balance, I Spin Plates

Question: How do you balance everything? Answer: I don’t think it’s like balancing everything, I treat it more like spinning plates. When I hear the word balance, it makes me think of the word ‘harmony’ and that’s not what my life is like. I think of it like spinning plates because I go to what needs the most attention first. Everything is going to need attention at some point, so I have to move back...

daft punk

My Remedy For A Creative Slump

Question: How do you get over a creative slump? Or your remedy for a creative slump? Answer: Caffeine. Lots of caffeine. Just ask my sister and coworker, Blair to vouch. If there is some kind of mental block, I will drink a can of personality. Then I’ll 260-grams-of-caffeine my way through everything. But I also draw inspiration from the greats. Kings of Creativity. To me, the perfect example of adaptive creativity is the dynamic duo, Daft...

sinister shadowed face

A Startup’s Worst Enemy

Question: What’s the biggest challenge with starting a business, or a startup’s worst enemy? Answer: The biggest challenge is who you are working with. Are they encouraging you? Are they not encouraging you?  It’s probably taken you a lot of time, effort, and consideration to get to the point where you could tell your friends about your business idea. I don’t think peers recognize how damaging it can be to tear down a fledgling idea. I...

steve jobs

How To Narrow Your Target Market

Question: I think that my product could be used by everyone, but I have been told that it’s important to have a very focused target market. What can I do to narrow my target demographic? Or should I? Answer: Revolutions all start with one idea, one person, one identity. Figuring out who this person is and how to get them on your new business’ side is what leads to success. People are what make the difference...

archer hitting target

How To Cost-Effectively Find A Target Market

Question: How do I figure out whether my target market is the best one for the product I am trying to sell without losing all my money through trial and error? Answer: It’s a contradiction in itself. You have to spend the money to run the test. Results won’t come if you don’t try. You’re going to have to take a leap and be willing to spend what it takes to find your target market. You...

jalopy driving through mud

My First Business Failure

Question: If you could go back to when you started your first business, what would you have done differently? Answer: Nothing. Because it just didn’t work. It’s not about success. I can win on accident. I can’t replicate an accident. I’d much rather know what didn’t work because what I took out of my failure was that I still can conquer the world. I just found out that this was not the way to conquer...

$1

How To Avoid New Business Failure

Question: I hear that almost all new businesses fail, what are a few important things I need to do to avoid failure for my business idea? Answer: Here’s the fundamental answer. Don’t be a dumbass. Don’t take your foot off the gas. I’ve actually had this conversation this week with someone else, so it’s a common issue. I know loads of people that I call parabolic entrepreneurs. Which really means they’re a blip in the radar....

"Money doesn't solve everything. Innovations solves everything. The money will come if you innovate." -RM

How Do I Launch My Business Idea When I’m Broke?

Question: I am pretty low on funds, what do I need to do financially to prepare myself to launch a new business idea? Answer: So you’re a starving college student, low on funds with an idea for a new physical product. You have no money in the bank, but you’re still willing to buy that daily Rockstar. Step 1: Stop buying Rockstars. Basically, don’t buy soda for a month. Step 2: Ask yourself if anyone legitimately cares...