Do you have an idea but you do not know where to start?
Spend 60 minutes a day on your idea
Do you have an idea but you do not know where to start?
Spend 60 minutes a day on your idea
Do you know what you can sell to your potential customers? Do you know what they need? Is there a match between what you are offering and what they need? Entrepreneurship could be a long journey, expensive and overwhelming. But it doesn't have to be.
According to Peter Drucker, the father of business consulting, "The purpose of a business is to create a customer. The business enterprise has only two basic functions: Innovation and Marketing". To launch your business as quickly as possible, your only focus should be to create a customer by focusing on product/service innovation and marketing.
If you ever feel frustrated that you are not generating enough sales fast enough and burning through cash without seeing results, you are probably right. This is happening because you do not know enough about your product and the problem you are solving for your audience. As soon as you are focused more on the result rather than the journey of you creating the best business you can make, you are going to fail financially.
Do you know what you can sell to your potential customers? Do you know what they need? Is there a match between what you are offering and what they need? Entrepreneurship could be a long journey, expensive and overwhelming. But it doesn't have to be.
According to Peter Drucker, the father of business consulting, "The purpose of a business is to create a customer. The business enterprise has only two basic functions: Innovation and Marketing". To launch your business as quickly as possible, your only focus should be to create a customer by focusing on product/service innovation and marketing.
If you ever feel frustrated that you are not generating enough sales fast enough and burning through cash without seeing results, you are probably right. This is happening because you do not know enough about your product and the problem you are solving for your audience. As soon as you are focused more on the result rather than the journey of you creating the best business you can make, you are going to fail financially.
Focusing on too many different aspects of starting a business during the startup phases of your business can destroy your focus and your idea will never become a business. In order to start getting the results you want you need to:
Focusing on too many different aspects of starting a business during the startup phases of your business can destroy your focus and your idea will never become a business. In order to start getting the results you want you need to:
By the end of their fifth year, roughly 50% of the businesses would have failed. And only a third of the businesses survive the first 10 years.
By the end of their fifth year, roughly 50% of the businesses would have failed. And only a third of the businesses survive the first 10 years.
5 Reasons Why 7 Out of 10 Businesses
Fail Within 10 Years
#1 Reason for failing to launch is poor planning and the lack of business plan, which causes ventures to get lost and just burn through the initial investment really fast.
#2 You fail to understand the consumer behavior and reason for purchasing your product.
#3 Being stuck with too much or too little inventory, breakage, failed samples which is caused by product mismanagement that costs you to lose the money you saved and force you to go back to your 9 to 5.
#4 You had initial success but could not maintain it because you fail to keep the same low price of good sold or your suppliers prefer to go into another niche. Always be prepared to have resources that support growth and as a backup for your business.
#5 As a new venture you will try to do it all and think you know it all. You have to realize that you start with one simple idea which you scale rather than trying to concur the world without having generated a single sale.
5 Reasons Why 7 Out of 10 Businesses
Fail Within 10 Years
#1 Reason for failing to launch is poor planning and the lack of business plan, which causes ventures to get lost and just burn through the initial investment really fast.
#2 You fail to understand the consumer behavior and reason for purchasing your product.
#3 Being stuck with too much or too little inventory, breakage, failed samples which is caused by product mismanagement that costs you to lose the money you saved and force you to go back to your 9 to 5.
#4 You had initial success but could not maintain it because you fail to keep the same low price of good sold or your suppliers prefer to go into another niche. Always be prepared to have resources that support growth and as a backup for your business.
#5 As a new venture you will try to do it all and think you know it all. You have to realize that you start with one simple idea which you scale rather than trying to concur the world without having generated a single sale.
During my career working with Fortune 500 companies and teaching hundreds of small business on how to succeed, I realized that I can teach you how to start your business but you also need to be able to apply it into your own project or niche.
As a 3 times Amazon Bestselling Author, I can help you self-publish your first or next bestselling book.
As the host of 2 highly ranked podcasts, I can guide you to start your own podcast in 30 days and get your initial audience.
Success is Achieved Through Small Actionable Tasks and
Iterating Them For Bigger Goal
One of the most successful things I learned is to see every process to see every process as an agile sprint where I need to break down a process to tiny small actionable tasks. If I can create this tree like structure for building up my business and laying the foundations of my business I am certain that it will be a success.
"It's very important to have a feedback loop, where you are constantly thinking about what you have done and how you could do it better"
— Elon Musk
During my career working with Fortune 500 companies and teaching hundreds of small business on how to succeed, I realized that I can teach you how to start your business but you also need to be able to apply it into your own project or niche.
As a 3 times Amazon Bestselling Author, I can help you self-publish your first or next bestselling book.
As the host of 2 highly ranked podcasts, I can guide you to start your own podcast in 30 days and get your initial audience.
Success is Achieved Through Small Actionable Tasks and
Iterating Them For Bigger Goal
One of the most successful things I learned is to see every process to see every process as an agile sprint where I need to break down a process to tiny small actionable tasks. If I can create this tree like structure for building up my business and laying the foundations of my business I am certain that it will be a success.
"It's very important to have a feedback loop, where you are constantly thinking about what you have done and how you could do it better"
— Elon Musk
I have created three very specific courses based on the 60 minute Startup concepts to help you structure your business and become a serial entrepreneur.
Each course is focused on a very specific goal. If you wanted to start a business in as little as 30 days and 60 minutes a day, 'Starting A Business' is for you. If your dream was about becoming a bestselling author, 'Writing A Bestseller' is for you. Or if you wanted to be the host of a highly ranked podcast, 'Starting Your Podcast' is for you.
I have created three very specific courses based on the 60 minute Startup concepts to help you structure your business and become a serial entrepreneur.
Each course is focused on a very specific goal. If you wanted to start a business in as little as 30 days and 60 minutes a day, 'Starting A Business' is for you. If your dream was about becoming a bestselling author, 'Writing A Bestseller' is for you. Or if you wanted to be the host of a highly ranked podcast, 'Starting Your Podcast' is for you.
You are fully protected by our 100% Satisfaction-Guarantee. If you don't get [a specific benefit that your product promises] by [a specific span of time in which you guarantee your product to yield results], just let us know and we'll send you a prompt refund.
You are fully protected by our 100% Satisfaction-Guarantee. If you don't get [a specific benefit that your product promises] by [a specific span of time in which you guarantee your product to yield results], just let us know and we'll send you a prompt refund.
"The key point of The 60 Minute Startup is to focus on paying customers and stop wasting time on all unnecessary things. Take what works with The Agile methodology and apply to starting businesses."
Joshua Lisec, Bestselling Author
— Other People Audience (OPA) strategy got me $9,400 worth of business in 60 minutes.
"Just because you like writing, you won't be profitable. To be a profitable writer, you need to focus on a niche. The 60 Minute Startup will give you a framework to find your niche even if you are not sure what that is."
Kenzi Wood, Content Writer
— Matching what you know with what customers will pay for
"The 60 Minute Startup is about rapid prototyping and about very practical results. It is based on real results from real entrepreneurs and their learnings. It is about pivoting and course-correcting. The 60 Minute Startup gives confidence to jump in."
Paige Arnoff-Fenn, Founder of Mavens & Moguls
— It is not about failing but learning from each failure.
"Started a digital marketing agency with $50 and got first paying customers in 2 weeks. Then reinvested that money . Built the company in a conservative manner.. Being agile allows us to take less risk while building the business."
Dan Salganik, Co-Founder of Visual Fizz
— I am a big believer in the agile entrepreneurship model
"Don't wait to start your business. Of course, you'll face obstacles. The 60 Minute Startup's agile entrepreneurship teaches you to go around those obstacles. Be dedicated. Be flexible.. Adapt to the environment."
Alina Trigub, SAMO Financial
— You can always find ways around obstacles. But don't stop. Keep going.
"Don't waste time doing all the things that may not get you the paying customers. Evaluate the marketing strategies that work best for YOUR business. The 60 Minute Startup is all about the focus on paying customers."
Focus on the Paying Customer
— Make everything else secondary to launching your business and getting paying customers.
"The key point of The 60 Minute Startup is to focus on paying customers and stop wasting time on all unnecessary things. Take what works with The Agile methodology and apply to starting businesses."
Joshua Lisec, Bestselling Author
— Other People Audience (OPA) strategy got me $9,400 worth of business in 60 minutes.
"Just because you like writing, you won't be profitable. To be a profitable writer, you need to focus on a niche. The 60 Minute Startup will give you a framework to find your niche even if you are not sure what that is."
Kenzi Wood, Content Writer
— Matching what you know with what customers will pay for
"The 60 Minute Startup is about rapid prototyping and about very practical results. It is based on real results from real entrepreneurs and their learnings. It is about pivoting and course-correcting. The 60 Minute Startup gives confidence to jump in."
Paige Arnoff-Fenn, Founder of Mavens & Moguls
— It is not about failing but learning from each failure.
"Started a digital marketing agency with $50 and got first paying customers in 2 weeks. Then reinvested that money . Built the company in a conservative manner.. Being agile allows us to take less risk while building the business."
Dan Salganik, Co-Founder of Visual Fizz
— I am a big believer in the agile entrepreneurship model
"Don't wait to start your business. Of course, you'll face obstacles. The 60 Minute Startup's agile entrepreneurship teaches you to go around those obstacles. Be dedicated. Be flexible.. Adapt to the environment."
Alina Trigub, SAMO Financial
— You can always find ways around obstacles. But don't stop. Keep going.
"Don't waste time doing all the things that may not get you the paying customers. Evaluate the marketing strategies that work best for YOUR business. The 60 Minute Startup is all about the focus on paying customers."
Focus on the Paying Customer
— Make everything else secondary to launching your business and getting paying customers.
Back when I was managing a product development team, I came across this concept called The Agile framework. It is a very simple concept that breaks the software development process into small pieces called sprints. Accomplish something in a sprint and get the customer feedback and keep iterating.
So my discovery was this. What if I break the task of starting a podcast, writing a book, or starting a business into small chunks that I could complete every day? What if I spend just 60 minutes a day doing one thing at a time about writing a book or starting a podcast or starting a business.
I implemented the concept to start my first podcast ‘The Agile Entrepreneurship’ podcast within a month. Yes, in 30 days. I conceived the podcast, interviewed my guests, and launched in 30 days. I used the same concept to complete my first book in 30 days. The podcast did extremely well. But my first book though did not take off very well. But it’s OK. It wasn’t perfect but I completed it.
Ramesh Dontha
Entrepreneur, Bestselling Author, Top Ranked Podcast Host
Back when I was managing a product development team, I came across this concept called The Agile framework. It is a very simple concept that breaks the software development process into small pieces called sprints. Accomplish something in a sprint and get the customer feedback and keep iterating.
So my discovery was this. What if I break the task of starting a podcast, writing a book, or starting a business into small chunks that I could complete every day? What if I spend just 60 minutes a day doing one thing at a time about writing a book or starting a podcast or starting a business.
I implemented the concept to start my first podcast ‘The Agile Entrepreneurship’ podcast within a month. Yes, in 30 days. I conceived the podcast, interviewed my guests, and launched in 30 days. I used the same concept to complete my first book in 30 days. The podcast did extremely well. But my first book though did not take off very well. But it’s OK. It wasn’t perfect but I completed it.
Ramesh Dontha
Entrepreneur, Bestselling Author, Top ranked Podcast Host
"I adore the simplicity in The 60-Minute Start-Up. If you really want to start a successful business and you can follow instructions, this book is for you. It really is designed to be easy to follow, and to lead to paying customers in 30 days.
When you have paying customers, you have a business. Otherwise, it's a hobby."
Thanks, Ramesh!
Entrepreneur | Speaker | Podcast Host | New York, NY USA
Have you ever had a book jump off the desk, put on it's running shoes, grab you by the arm and drag you along into its world? This one does that and at a frenetic pace too.
I worked with the agile methodology when I was still in that corporate world, and there were some things I didn't understand till I read this book. It is amazing.
I also love the way he started each chapter with an actual case study a name and what this person did or didn't do that illustrates the point of the following chapter. I couldn't wait to turn the page to see what the story was going to be this time.
If this does not change the way you view your life and your work, then I'm not sure where that leaves you. This is an exciting book.
"When reading this book you may be inspired, but more importantly, you will have the steps to starting your business.
I appreciated all the examples of business startups, but the the steps were laid out for me to follow.
You just need to pick the example that fits your situation.
I read the book and then went back to review the sections that aligned with what I felt, my plans, and the business I wanted to be in. Thanks to the author for articulating the details so well."
"I adore the simplicity in The 60-Minute Start-Up. If you really want to start a successful business and you can follow instructions, this book is for you. It really is designed to be easy to follow, and to lead to paying customers in 30 days.
When you have paying customers, you have a business. Otherwise, it's a hobby."
Thanks, Ramesh!
Entrepreneur | Speaker | Podcast Host | New York, NY USA
Have you ever had a book jump off the desk, put on it's running shoes, grab you by the arm and drag you along into its world? This one does that and at a frenetic pace too.
I worked with the agile methodology when I was still in that corporate world, and there were some things I didn't understand till I read this book. It is amazing.
I also love the way he started each chapter with an actual case study a name and what this person did or didn't do that illustrates the point of the following chapter. I couldn't wait to turn the page to see what the story was going to be this time.
If this does not change the way you view your life and your work, then I'm not sure where that leaves you. This is an exciting book.
"When reading this book you may be inspired, but more importantly, you will have the steps to starting your business.
I appreciated all the examples of business startups, but the the steps were laid out for me to follow.
You just need to pick the example that fits your situation.
I read the book and then went back to review the sections that aligned with what I felt, my plans, and the business I wanted to be in. Thanks to the author for articulating the details so well."
Copyright 2021 by RameshDontha.com