Why/how so many businesses? đŸ€”

I get this one a lot or similar in the DM’s.

If you’ve read my bio, you probably thought the same thing.

I thought I’d turn it into a thread.

This short story may help explain.

đŸ”„ Life and Business Lessons đŸ”„
I went to university and got one of those degrees that your parents would be proud of. 👹‍🎓

Then one of those jobs that they are proud of. With the perks. 🚗 đŸ“± 💰

Did well for myself and the company.

Started investing. 📈

But I wasn’t happy. Thought, is this all life is? 🙁
It was just a job.

I always wanted my own business. (It wasn’t really called entrepreneurship back then).

Not knowing where to start, I went and got a sales job.

I figured if I wanted a successful business I had to learn how to sell. ✅
After a while I thought rather than be a sales person, why not start my own company. So I did.

And it did very well. 📈

People started asking me what I was doing.

So I consulted on the side to show other companies how to do what I did. Another business.
The consulting work that I was doing allowed me to build lots of connections.

A friend and I noticed that lots of small businesses had a problem.

It was difficult to find affordable, practical office space.

Spaces were expensive and leases were long.
So we came up with a solution. 💡

We would fit out shared spaces for these business owners to operate out of.

Shared spaces, shared costs. Like a share house but for businesses.

Low risk and exposure for them. We’d take a profit.

A little like WeWork.
Whilst all this was happening, we needed an internal customer service team on the phones.

Soon business owners who we knew asked us if we could help them with their customer service.

We said sure. That lead to a phone ☎ sales team as well.

New business.
Since then we’ve added a few more, all in similar circumstances.

But I’m going to leave those for another day.

So the lessons?

1) Choose your own path, take risks. I could easily have stayed in my good, safe job. But what kind of life would that be?
2) Build a reputation. All of the opportunities that I am involved in came from the success of my first business.

3) Relationships are everything. Build great relationships, doors will open for you. I get calls weekly from people looking for help.
4) Businesses come from solving problems. Most of my businesses were accidental. Problems arose and we solved them.

5) Not every business idea works. I’ve had lots of failures as well. I’ll do a thread on those one day as well. 😂
Thanks for getting this far, hope you enjoyed it. 🙏

This is the third of @CureIncome 3 threads in 3 day challenge.

I challenge you to try your own!

The first one just hit 10,000 impressions. 👀

The results to come.

But before you go...
Some people have also asked me why I’m on Money Twitter.

I arrived accidentally. I came to Twitter to learn how to write. ✍

I stayed for the positivity. 😊

I’m learning some new tricks.

And loving it!

Follow me for more stories...to be continued.
You can follow @Entrepreneurfo3.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.