Watch the video above.
Read the article below.
Need business ideas? I will show you a step by step process that will help you to figure out the absolute best business idea for you. When I say you, I mean you, not the best business generally for everybody. I mean the best business for you personally.
- Practical strategy for getting started
This is the simple summary of the theory:
If the thing you’re most passionate about and the thing you do to earn an income are the same and they also have a positive impact – then you are living in the sweet spot of life.
Step 1. Passion
Some people have trouble finding their passion but this is a very simple problem to solve. Passion is not a wishy-washy concept. This is one of the central concepts in my TedxTalk. The only reason that people say that they have trouble finding their passion is they don’t know what passion really means.
- a strong feeling of enthusiasm or excitement for something or about doing something:
- a strong feeling (such as anger) that causes you to act in a dangerous way
In summary, the things you are passionate about are the things you feel strongly about. Take a second to let that sink in. so what do you feel strongly about? This is the part where everything gets real.
Step 2 Income
Those of you that know me know I don’t care about money but there’s a quick point I want to make about money and the elements in the lifewall.
Step 3 Impact
Impact. Why does it matter? The impact that you can have on other people or the planet gives you purpose. When you’re dead and people talk about your life no cares about anything you did other than the things that had a positive impact on other people or on the planet.
When you’re having a tough day in your business and you start asking questions like – why am I doing this? The positive impact you’re having on someone will be the answer.
In the philosophy I created I define happiness as a combination of pleasure and fulfillment.
Pleasure is what you get from doing things like eating your favorite food. It feels good for a few monites but if your life is a mess, it still won’t make you happy.
Fulfillment is what you get after doing things that make you feel good about who and what you are. And the thing that makes you feel best about who and what you are is your impact.
Do you want to create a business that you’re proud of or, are you aiming so low that you just want to create a business that makes money?
The next step is to put it all together. [WATCH THIS STEP IN THE VIDEO ABOVE]. You can do this next step by using a spreadsheet or you can Trello. I’m obviously using Trello. This exercise is much easier when you can move items around like this. For those of you that don’t know, Trello is free so you can create an account do exactly I’m about to do if you like
Step 4. Practical strategy for getting started
Now that you know what you want to do, how do you get started? If you have the skills, credibility and startup capital you can just start now.
If you’re missing one or more of these then I recommend you get started by creating a blog, youtube channel or podcast about your topic.
This will help you to get a better understanding of your niche, establish your credibility over time, learn and improve your skills, build an audience that can become customers and, if you need to raise capital or attract partners, this will significantly increase the likelihood of success.
This will also allow you to start building your new business while working a regular job then transition from your job to your business after your business has grown big enough.