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How to build a $1 million business in 2 years By : Raad Ahmed
How to build a $1 million business in 2 years
By : Raad Ahmed
BUILDING A $1 MILLION BUSINESS
IN 2 YEARS
BROUGHT TO YOU BY
LAWTRADES
There is only so much you can do in a day
Don’t waste your time on unnecessary tasks and focus your efforts on what’s most important
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Building a business is filled with up’s & downs
Enjoy the up’s and learn to see how you’re quickly approaching your
long-term goals
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Building a company is nothing like 9-5 job
Be prepared to abandon hobbies, friends or your beautiful house to
chase your entrepreneurial dreams
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Entrepreneurship isn’t cool
There are way more unglamorous things in building a business
than anywhere else, so don’t seek glamour
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Having cash is comfortable, but lack of cash can be motivating
Keep track of your cash and don’t waste it, but obsess over sales to achieve reasonable comfort
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1st year of building a company is sales & leadership
Connect with people, notice their problems & help them solve them in
a way that benefits you both
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Cash-flow is king. Data is queen.
Learn to obsess about your expenses, cash-flow, items sold etc.
Track it all, even if you don't use it now.
(they might be useful in a future)
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People always want to give advice
Most of it is useless, or even wrong, so don’t focus on it too much,
use your best judgment and learn from mistakes
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Networking can really help
Network wisely, so you don’t waste your precious time on
unnecessary small-talk instead of creating real value
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There are no companies without employees
Hire the ones that can really help and fit well into the culture, avoid
the negative ones
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