How to start a SMALL business that doesn't FAIL and makes you financially free

How to start a SMALL business that doesn't FAIL and makes you financially free

[ALPHA-ROTH]

"this place will fail without me" is the biggest lie any employee can tell themselves.

[MinutesExplainer]

Here is what i like about this channel:
1 Gets straight to the point
2 No interruptions
3 Gives you all the information quickly
4 Doesn't drag on

[jeanalexandre]

Long story short. Teamwork make the dream work. Learn to use other people's skills. Specialized knowledge to get the job done.

[michelleodell]

I started my business in 2019, survived 5 years now and make over 400k profit yearly. I started another business this year, it’s not off the ground yet but it’s wings are flapping :)

[positiveAddiction]

How i wish I had seen this video before starting my business in 2021. My business collapsed badly and I haven't been able to get back on my feet. However, over the years I have learnt a lot and this video summarizes all that i have learnt in 27mins. I will start again and I will do it right this time. Thank you so much for this insightful video and those who truly understand the video will forever be grateful.

[farhanbudiman]

Im 22, have a 9-5 job and wanting to start a small business but i dont know how. im looking for "how to" and youtube show me this video, your vid clear my vision. Thank you, your video is great!

[dool]

I'm confused about the video though.

When starting a business, you are either an entrepreneur solving a need in the market or creating an existing as a business owner. They are not the same.

The goal is to create a business system (ie. Online store, retail, stall, etc) that sells a specialized unit (ie. Skilled work, a product, book, license agreements, condo, etc). It's as simple as that. Sell something with a high margin or something that is repeatable like food or rentable units.

Managers are employees to ensure the business systems stay operational and in an orderly manner. Directors are top-level managers. They solve complex issues relating to customers and management (ie. Complaint, employee issues, etc).

The problem is you need to differentiate the roles of managers, entrepreneurs and business owners. They are all different roles.

Entrepreneurs utilize human, financial, and capital resources to create and introduce a product, service, or system that solves a need in the marketplace, and they sell and market typically in a niche industry to fulfill demand.

A technician, who has a valuable skill is just a specialized unit to the business.

[hildredscali]

Is there any small but lucrative business can you combine with a 9-5 job? I love my job so quitting is not an option but I need the extra income so bad.

[topclanlive]

This is top quality stuff. Changed the way I view my business and the way I view myself. Absolutely fantastic.

[Imagination_Corner]

Business Success is 95% Mentality & 5% Strategy!
Always Remember!!
Every business has a potential to get success unless you don't have fire!

[onetinsoldiersadventure]

Yes.. started my "business" job a long time ago. Got to the adolescent phase, but I let my new "manager" crash the business because I needed to fail for the first time in my life. Now I'm not tied to it anymore and back to the drawing board as to how to develop an actual business. Not many entrepreneurship motivational videos show the actual practical methods to own a business.

[shodiyaemmanuel]

This video is one of the best video I'd watched on business so far. Though I've read the book, this video made me understand it more. Still coming back to watch. Thanks for explaining as humanly as possible.😊

[lalithanagarajan]

Excellent video.
From the start to end, I couldn't skip any part. No extra talk. Very concise but lucid .
I like the video very much.

[princenwaokike]

This is a business School standard lecture. Am. Glad I ran into this

[princessr]

Omg, thank u so much, this is the first video that I have watched that I feel like the creator was actually teaching something and wished me well. Most people just put words together that don't teach anything, like motivational speakers. I feel like am both the technician and entrepreneur, this video just gave me the confidence to go on with my entrepreneurial dreams

[obimuo]

Very true. I am in the middle of the adolescent phase. Very challenging. But determined to move to the next phase. This lesson will speed up things.

[Kurban]

I just started my business and this video right on time

[nadeemkh]

One of the best videos I've ever watched on YouTube

[mitchellfernando]

This is a great presentation in a shortest time. Really love how it was explained.

[p_prags]

Wow !!! Thanks for this knowledgeable video, it was very informative 👍🏻🧐