Entrepreneur Challenge: Finding Your Own Niche

Entrepreneur Challenge: Finding Your Own Niche

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I'll give you a little bit of an entrepreneurial journey that I went through to get to where I am right now and some of the things that I went across before I had my SEO company. I think there are little lessons. Everybody is going through this entrepreneur challenge and are at very different levels and there are key little distinctions, those turning points that happened for me that I look back on now and say, oh, wow that was a really significant event for me as an internet entrepreneur.

So first things first. When I was at school in Year 12, I had a friend who was trading the stock market. We were sitting in maths class and he was telling me how much money he was making trading the stock market. I'm sitting there thinking, here I am the dummy just sitting here learning maths and I'm not making any money, while he reckons he's making these thousands of dollars. It was the start of the tech boom and you could just about buy anything because the stock market was just going up and a lot of people were making a lot of money.

When I got to the end of Year 12, against the better advice of friends and family, Mum and Dad, I didn't go to university even though I went to a very good school in Melbourne and got a good high TER score. I decided, well, I'm working in a supermarket, let's take out a $5000 loan and go and do one of those weekend share trading courses, one of those that promise you're going to be a wizard by Monday morning. It will just take a weekend and maybe before I'm twenty, I'll be able to retire on an island somewhere with people fanning me and on a big bed of money. It didn't quite work out that way.
I took out the loan, continued to work at the supermarket. So I thought, ok, I'm going to learn how to trade the stock market. I went through this course and I think one of the very first lessons I learnt was, in your wealth creation journey, you need to have cash flow. That really is the start of all wealth creation journeys.

A lot of people sit there, especially when they're new to small business internet marketing and they'll hear all about this passive residual income and how great it is and building up assets and all this type of thing. But the first thing you need to do is make sure that you have cash flow sorted, so that way you've got the basics covered. You've got your overheads, food, you've got rent, all that type of thing covered. So always focus on that first before you start building these other things. In this matter, several internet marketing reviews may be helpful.

I found it very much in the stock market, a lot of people wouldn't make any money in the stock market because they leave their nine to five job with their $10,000 and think they're going to trade the stock market. But there's a lot of entrepreneur challenge there when you're trading the stock market if you've only got $10,000. You have to pay rent, so you continually remove money from the market to make sure that you can pay for rent and all that type of thing.


About the Author:
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