Business (MoC) - DeveloPassion

# Business (MoC) ## Notes   - [[7-11-4 rule]] - [[A business is a system]] - [[Advice for solopreneurs]] - [[Always reward the early adopters]] - [[Audience acquisition flywheel]] - [[Basic business constraints]] - [[Become the monopoly of a very niche market]] - [[Benefits of documenting processes]] - [[Bring Your Own Key (BYOK)]] - [[Build a main thing or a side thing]] - [[Building in public]] - [[Bundling]] - [[Bundling vs Unbundling products]] - [[Business AI Master Prompt Questions of Tiago Forte]] - [[Business Model Canvas]] - [[Business vs problem brain]] - [[Buyer Persona]] - [[Calm business]] - [[Can we both be craftsmen and businessmen]] - [[Change the circumstances that you can change and cope with those you can't]] - [[Cheap vs expensive ideas]] - [[Chief Everything Officer (CEO)]] - [[Chief Executive Officer (CEO)]] - [[Cohort Based Courses (CBCs)]] - [[Connecting social media with email is the key to long-term business success]] - [[Core human drives]] - [[Creator Economy]] - [[Customer Pain Points]] - [[Default alive business]] - [[Developers should be more interested in marketing]] - [[Differences between audience, community and customers]] - [[Disruption Theory]] - [[Don't code for every future]] - [[Don't fight the wind]] - [[Don't worry if you're late to the party. You can still win the game.]] - [[Elon Musk]] - [[Engineer serendipity]] - [[Entrepreneurship toolbelt]] - [[Evergreen project]] - [[Flywheels]] - [[Focus on being unique, not on competition]] - [[Focus on positive-sum games]] - [[Hick's Law]] - [[How to create your Business AI Master Prompt]] - [[How to know if a problem is worth solving]] - [[Human-Market Fit (HMF)]] - [[Hypefury online money-making funnel]] - [[Ideal Customer Profile (ICP)]] - [[Incremental pricing]] - [[Introducing the Knowledge Forge (Article)]] - [[It should be win-win-win everywhere]] - [[It's a great idea! But it just doesn't make economic sense]] - [[It's okay if you need to stop and start over]] - [[Lag between efforts and outcomes]] - [[Launching too soon]] - [[Lifetime memberships]] - [[Lifetime Value (LTV)]] - [[Lurk as a service]] - [[Make useful things, not merely usable things]] - [[Market risk]] - [[Market value types]] - [[Merchant of Record (MoR)]] - [[Mindset shifts]] - [[Monthly Active Users (MAU)]] - [[Monthly Recurring Revenue (MRR)]] - [[n8n]] - [[Niche down by product or audience]] - [[North Star metrics]] - [[OpenAI Product Consolidation]] - [[Passive income requires long-term thinking]] - [[Platform risk]] - [[Portfolio Map]] - [[Portfolio thinking]] - [[Positive-sum game]] - [[Prioritizing independence]] - [[Product Design]] - [[Product Market Fit (PMF)]] - [[Product success tips]] - [[Productized services]] - [[Promotional offer types]] - [[Proof of Work (PoW)]] - [[Reduce uncertainty for others as much as you can]] - [[Research, Build, Market, Rest, Repeat]] - [[Running costs influence]] - [[SaaS Misalignment with User Objectives]] - [[Sales is results-driven communication]] - [[Sales tips]] - [[Serviceable Available Market (SAM)]] - [[Serviceable Obtainable Market (SOM)]] - [[Shiny object syndrome]] - [[Shiny poney]] - [[Shopify]] - [[Small and riskless bets]] - [[Small Bets Community]] - [[Social proof]] - [[Software as a Service (SaaS)]] - [[Sometimes we fail to recognize opportunities]] - [[Stop waiting for the right time]] - [[Subject-Matter Expert (SME)]] - [[Subscription business model]] - [[Success comes from]] - [[SWOT analysis]] - [[The 10 percent target]] - [[The 5 core parts of a business]] - [[The first law of consumer tech is nobody pays for consumer tech]] - [[The mythical right time]] - [[The mythical right time - Don't Wait to Chase Your Dreams (Article)]] - [[The mythical right time (Article)]] - [[The solopreneur playbook]] - [[Tiered pricing]] - [[Tiered pricing equilibrium]] - [[Tim Brown]] - [[Tips for finding freelancing gigs]] - [[Tips for for finding problems]] - [[Tips to build a product]] - [[Tips to create an unstoppable advantage]] - [[Tips to reach product market fit faster]] - [[To get traction, you need distribution and differentiation]] - [[Total Addressable Market (TAM)]] - [[Tracking progress towards SaaS business goals]] - [[Value criticism over compliments]] - [[Value Proposition Canvas]] - [[VC oriented business]] - [[Veblen goods]] - [[We are doing sales whenever we have an end result when discussing with someone]] - [[Where to promote projects]] - [[Who knows anyway]] - [[Why solopreneurs are missing out when not taking or making notes and using PKM]] - [[Work on crazy ideas]] - [[Workflow Cashflow Outflow model]] - [[Writing Data Flywheel]] - [[Zapier]] - [[Zebras vs Unicorns]]  ## Quotes   - [[A good media business is built on trust]] - [[A year from now you will wish you had started today]] - [[A year from now, you will wish you had started today]] - [[Bootstrapping a business means saying no to the non-essential things. Your resources are limited, so you have to prioritize the actions and choices that have the most impact]] - [[Build a business that actually leaves room to spend time with family at the end of the day, take a break if you need to, and do the things that you truly enjoy]] - [[Business is like a marathon. The longer you stick around, the less crowded it gets]] - [[By the time someone else tells you their winning strategy, it’s too late]] - [[Change course, but don’t give up]] - [[Choose your competitors carefully, because you’ll become a lot like them]] - [[Competition is for losers]] - [[Consistency wins the race]] - [[Don't get caught up in thinking about what to build just build]] - [[Don't just take a part of the pie. Make the pie bigger]] - [[Don't place all your money, all your trust, all your creativity or all your energy in a single endeavor. Diversify and try tiny projects instead]] - [[Don’t sell at the highest price they’ll pay. Sell at the highest price they’ll stick]] - [[Don't sell products. Sell stories]] - [[Don't wait for permission to monetize your skills]] - [[Escape competition through authenticity]] - [[Everyone's looking for an angle. The best one is 0 degrees. Just be straightforward]] - [[Figure out what you can do better than anyone else. Do it until everyone sees how good you are. Stand out from the crowd]] - [[Focus more on making the pie bigger than on exactly how to slice it so that you or anyone else gets the biggest piece]] - [[Forget about founding a startup. Instead become a VC for your own ideas]] - [[From the ashes of disaster grow the roses of success]] - [[Go big or go broke]] - [[Good software takes ten years]] - [[If they don't pay, they're not a customer and it's not validation]] - [[If you don't understand people, you don't understand business]] - [[If you spend time with them, and they won't pay. They are NOT a customer. They are a liability. Get rid of those]] - [[If you want to be successful, you must respect one rule – Never lie to yourself]] - [[If you want to be taken seriously, be consistent]] - [[If you want to make money, reverse engineer why you spend money]] - [[If you’re going to try, go all the way. Otherwise don’t even try]] - [[If you're serious about growth, think about processes]] - [[It doesn’t take money to make money, it takes leverage to make money]] - [[It is not a move, even the best move that you must seek, but a realizable plan]] - [[It takes entrepreneurs an average of 3.8 failed ventures before they manage to start a successful business]] - [[It takes time to build good things]] - [[It’s easier to build something a small number of people love than something a lot of people like]] - [[Learn to sell. Learn to build. If you can do both, you will be unstoppable]] - [[Make something people want]] - [[Make your ideas paper airplanes. Simple, fast to construct, easy to explain, and easier to try]] - [[Making money is a consequence of making a difference in people's lives]] - [[Making money is not a thing that you do. It's a skill that you learn]] - [[Making money online is very easy, you just need a strong head and consistent action]] - [[Most people can stay excited for two or three months. A few people can stay excited for two or three years. But a winner will stay excited for twenty or thirty years... Or as long as it takes to win]] - [[No matter what you do, document your processes]] - [[Opportunities are like fish. A lot of in your sea (life) but to see them you need to be fully present and to… fish. Do you have enough energy and attention to be a good fisherman. That is the question]] - [[People don't buy what you do. They buy why you do it]] - [[People don't care about your solutions nearly as much as they care about their problems. If you want to make a sale, focus on the problems]] - [[People don’t care when you ask them to buy something. If you help them first]] - [[People won't remember you for the work you did, but for the way you made them feel]] - [[Persistence beats timing. Execution beats luck. Not immediately, but eventually]] - [[SaaS is a medium. Expertise is the product]] - [[Sales in mass is marketing]] - [[Show me the incentives, and I’ll show you the outcome]] - [[Software-as-a-Service doesn't have a final version. It only gets closer to being its most useful version yet]] - [[Solve problems and you'll attract tire kickers. Highlight problems and you'll attract paying clients]] - [[Startup is an execution game]] - [[Successful people do what unsuccessful people won't]] - [[Take small bites every day]] - [[The bigger the outcome, the more likely small things compounded to make it happen over time]] - [[The difference between an employee and an entrepreneur is control over your potential]] - [[The highest status people in human history are those that asked for nothing and gave everything]] - [[The only people who change the world are those crazy enough to believe they can]] - [[The secret to incremental success is looking for incremental lessons]] - [[The single biggest wealth hack is living in the future]] - [[The world is full of solutions looking for a problem]] - [[Time-saving, money-saving, and money-making solutions are always in demand]] - [[We should all have big and hairy goals. Even if those are too ambitious and impossible to achieve, working towards such goals will often help us realize our full potential. We will also be surprised by how far we can go]] - [[We’re here to make a dent in the universe]] - [[What got you here won't get you there]] - [[What you choose to work on, and who you choose to work with, are far more important than how hard you work]] - [[When people say your product is too expensive what they really mean is your product isn’t valuable enough]] - [[Whenever a group of people have an unmet drive, a market will form to satisfy it]] - [[Where there's money to be saved, there's money to be made]] - [[Which games you play is more important than how well you play them]] - [[Work 4 days a week for a while and start trying things out. Explore your creativity. Give that idea a try. Start that project. Make the first step. Taste freedom]] - [[Working hard makes you money. Working smart sets you free]] - [[You are not the hero. Your customers are the heroes. You are only their guide]] - [[You aren't rewarded for hard work]] - [[You can't get rich without enriching others]] - [[You don't find a solution without having a problem first]] - [[You want to be the only person who does what you do]]