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🎯Best for Precise Background Removal: YouCam Video
🎯Best for Editing TikTok Background: Capcut
🎯Best for Making Background Transparent: Cutout Pro
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5 common mistakes by first-time startup founders
There is no business without mistakes. Especially if this is your first attempt. You feel free to make decisions, but you don't have enough experience yet not to fail.
Undoubtedly, learning from your mistakes is effective. But you can try to prevent them by studying the experience of your colleagues. Here are the most common ones:
🤦♂️ Hiring full-time employees before product-market-fit. Getting to product-market-fit is the only thing that matters in the early years of your company. Simply put, do you have something that people really love.
Until this point, you will be frantically trying many ideas, sometimes weekly. During this time anyone other than a co-founder will soon get frustrated by the changes of direction and eventually wonder if the compensation they are giving up on elsewhere is worth it.
🤦♂️ Deprioritizing offshore talent. Saving money is crucial in the early days. The biggest expense is labor and given the quality of talent around the world, and tools to collaborate with them, hiring offshore is the best way to save money early on.
Try looking for employees from lower-affluence countries or regions rather than from world centers and big cities. So you can pay less and get the same results.
🤦♂️ Holding on to the first idea far too long. Your first idea is very likely going to fail. This may seem like a gross generalization, especially since you probably just quit a job to launch your startup based on an idea you think is very good.
But success with startups usually comes from insights that no one else has. And they are seldom found in a survey but rather learned through failure. So the key to success is to iterate fast through ideas and get those insights quickly.
🤦♂️ Building a bigger MVP than necessary. Most founders have a grand vision for the solution to a thorny problem. They could create a complete product before finding out people wouldn’t use it.
Developing a mobile app or website needs a lot of resources. Just getting reliable login/ authentication, having useful onboarding, ensuring a responsive layout, etc takes a ton of time and you haven’t even got a feature yet.
Instead, conduct at least a fake-door test: make a landing page with no-code tools, describe your offer, and run ads on it. The number of clicks will show you if it makes sense to work on the idea further.
🤦♂️ Not having a marketing co-founder. The number one thing investors look for in a startup is a high growth, typically 10% month-over-month or more. That’s because it’s an easy signal for product-market-fit and a business that scales.
But getting to high growth is very difficult and requires constant experimentation with new marketing channels and strategies. A marketing co-founder is essential so that he/ she focuses on growth every day and is not distracted by other things.
@Business_Library
There is no business without mistakes. Especially if this is your first attempt. You feel free to make decisions, but you don't have enough experience yet not to fail.
Undoubtedly, learning from your mistakes is effective. But you can try to prevent them by studying the experience of your colleagues. Here are the most common ones:
🤦♂️ Hiring full-time employees before product-market-fit. Getting to product-market-fit is the only thing that matters in the early years of your company. Simply put, do you have something that people really love.
Until this point, you will be frantically trying many ideas, sometimes weekly. During this time anyone other than a co-founder will soon get frustrated by the changes of direction and eventually wonder if the compensation they are giving up on elsewhere is worth it.
🤦♂️ Deprioritizing offshore talent. Saving money is crucial in the early days. The biggest expense is labor and given the quality of talent around the world, and tools to collaborate with them, hiring offshore is the best way to save money early on.
Try looking for employees from lower-affluence countries or regions rather than from world centers and big cities. So you can pay less and get the same results.
🤦♂️ Holding on to the first idea far too long. Your first idea is very likely going to fail. This may seem like a gross generalization, especially since you probably just quit a job to launch your startup based on an idea you think is very good.
But success with startups usually comes from insights that no one else has. And they are seldom found in a survey but rather learned through failure. So the key to success is to iterate fast through ideas and get those insights quickly.
🤦♂️ Building a bigger MVP than necessary. Most founders have a grand vision for the solution to a thorny problem. They could create a complete product before finding out people wouldn’t use it.
Developing a mobile app or website needs a lot of resources. Just getting reliable login/ authentication, having useful onboarding, ensuring a responsive layout, etc takes a ton of time and you haven’t even got a feature yet.
Instead, conduct at least a fake-door test: make a landing page with no-code tools, describe your offer, and run ads on it. The number of clicks will show you if it makes sense to work on the idea further.
🤦♂️ Not having a marketing co-founder. The number one thing investors look for in a startup is a high growth, typically 10% month-over-month or more. That’s because it’s an easy signal for product-market-fit and a business that scales.
But getting to high growth is very difficult and requires constant experimentation with new marketing channels and strategies. A marketing co-founder is essential so that he/ she focuses on growth every day and is not distracted by other things.
@Business_Library
Financial_Freedom_on_$5_a_Day_A_Step_By_Step_Strategy_for_Small.pdf
17.7 MB
Financial Freedom.pdf
Three simple ways
💵The Minus Ten technique
💵 The Plus Ten technique
💵Day's Due technique
A step by step strategy for small investors
@Business_Library
Three simple ways
💵The Minus Ten technique
💵 The Plus Ten technique
💵Day's Due technique
A step by step strategy for small investors
@Business_Library
17 key lessons from the book: "Outliers: The Story of Success" by Malcolm Gladwell explores the factors contributing to high levels of success.
The book argues that personal attributes are not the only contributors to success; cultural background, timing, opportunities, and even luck play crucial roles.
1. The 10,000-Hour Rule: Mastery of any skill requires approximately 10,000 hours of deliberate practice. Success often comes from extensive practice and experience, not just natural talent.
2. The Matthew Effect: "The rich get richer, and the poor get poorer." Early advantages, even seemingly small ones, can compound over time, leading to significant differences in outcomes.
3. The Importance of Timing: The era in which you are born can significantly affect your chances of success. Being in the right place at the right time is often crucial.
4. Cultural Legacy: Your cultural background and the traditions you inherit can deeply influence your work ethic, communication style, and ultimately your success.
5. Practical Intelligence: Beyond IQ, practical intelligence, which includes knowing how to navigate social situations and understand contextual clues, is critical to success.
6. Opportunity Matters: Success is not just about individual effort; it's also about being given the right opportunities at the right times.
7. The Role of Hard Work: Persistent effort and dedication are essential. Hard work can often outweigh natural talent in the pursuit of success.
8. The Impact of Community and Family: A supportive environment, including family, mentors, and community, plays a significant role in shaping an individual's success.
9. Success is Social: Success often depends on working well with others, building networks, and gaining support from the right people.
10. Accumulated Advantages: Small advantages or opportunities that accumulate over time can lead to significant success later on.
11. The Power of Legacy: The cultural and familial legacies handed down through generations can shape an individual's values, beliefs, and approach to work.
12. The Birth Date Phenomenon: Even something as simple as the month you are born in can influence your success, as seen in studies of professional athletes.
13. The Role of Chance: Luck plays a non-trivial role in success. Being in the right place at the right time, or meeting the right person, can make all the difference.
14. Environmental Impact: The environment in which one grows up or works can significantly influence the opportunities available and the likelihood of success.
15. Meaningful Work: People are more likely to be successful when they find their work meaningful and aligned with their personal values and goals.
16. The Importance of Persistence: Overcoming obstacles and continuing to push forward, even in the face of adversity, is often a key differentiator for successful people.
17. Redefining Success: Success should not only be defined by personal achievement but also by how one’s success positively impacts others and society at large.
These lessons collectively suggest that success is more complex than just hard work and talent; it’s shaped by a combination of factors, including timing, culture, opportunity, and persistence.
@Business_Library
The book argues that personal attributes are not the only contributors to success; cultural background, timing, opportunities, and even luck play crucial roles.
1. The 10,000-Hour Rule: Mastery of any skill requires approximately 10,000 hours of deliberate practice. Success often comes from extensive practice and experience, not just natural talent.
2. The Matthew Effect: "The rich get richer, and the poor get poorer." Early advantages, even seemingly small ones, can compound over time, leading to significant differences in outcomes.
3. The Importance of Timing: The era in which you are born can significantly affect your chances of success. Being in the right place at the right time is often crucial.
4. Cultural Legacy: Your cultural background and the traditions you inherit can deeply influence your work ethic, communication style, and ultimately your success.
5. Practical Intelligence: Beyond IQ, practical intelligence, which includes knowing how to navigate social situations and understand contextual clues, is critical to success.
6. Opportunity Matters: Success is not just about individual effort; it's also about being given the right opportunities at the right times.
7. The Role of Hard Work: Persistent effort and dedication are essential. Hard work can often outweigh natural talent in the pursuit of success.
8. The Impact of Community and Family: A supportive environment, including family, mentors, and community, plays a significant role in shaping an individual's success.
9. Success is Social: Success often depends on working well with others, building networks, and gaining support from the right people.
10. Accumulated Advantages: Small advantages or opportunities that accumulate over time can lead to significant success later on.
11. The Power of Legacy: The cultural and familial legacies handed down through generations can shape an individual's values, beliefs, and approach to work.
12. The Birth Date Phenomenon: Even something as simple as the month you are born in can influence your success, as seen in studies of professional athletes.
13. The Role of Chance: Luck plays a non-trivial role in success. Being in the right place at the right time, or meeting the right person, can make all the difference.
14. Environmental Impact: The environment in which one grows up or works can significantly influence the opportunities available and the likelihood of success.
15. Meaningful Work: People are more likely to be successful when they find their work meaningful and aligned with their personal values and goals.
16. The Importance of Persistence: Overcoming obstacles and continuing to push forward, even in the face of adversity, is often a key differentiator for successful people.
17. Redefining Success: Success should not only be defined by personal achievement but also by how one’s success positively impacts others and society at large.
These lessons collectively suggest that success is more complex than just hard work and talent; it’s shaped by a combination of factors, including timing, culture, opportunity, and persistence.
@Business_Library
📢 Don't Just do these things, try to do opposites of them
Don't just learn, experience it .
Don't just read, absorb.
Don't just change, transform.
Don't just relate, advocate.
Don't just promise, prove.
Don't just criticize, encourage.
Don't just think, ponder.
Don't just take, give.
Don't just see, feel.
Don’t just dream, do.
Don't just hear, listen.
Don't just talk, act.
Don't just tell, show.
Don't just exist, live
@Business_Library
Don't just learn, experience it .
Don't just read, absorb.
Don't just change, transform.
Don't just relate, advocate.
Don't just promise, prove.
Don't just criticize, encourage.
Don't just think, ponder.
Don't just take, give.
Don't just see, feel.
Don’t just dream, do.
Don't just hear, listen.
Don't just talk, act.
Don't just tell, show.
Don't just exist, live
@Business_Library
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📚 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz
Genres > #Business #Nonfiction #Entrepreneurship #Science #Technology #SelfHelp #Biography #Leadership #Management
Ratings⤵️
Amazon :- (4.6🌟out of 5🌟)
Good Reads :- (4.23🌟out of 5🌟)
Book Description⤵️
In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses.
@Business_Library
Genres > #Business #Nonfiction #Entrepreneurship #Science #Technology #SelfHelp #Biography #Leadership #Management
Ratings⤵️
Amazon :- (4.6🌟out of 5🌟)
Good Reads :- (4.23🌟out of 5🌟)
Book Description⤵️
In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses.
@Business_Library
The 7 Habits of Highly Effective Teens is a self-help book written by Sean Covey, son of renowned author Stephen R. Covey. The book is based on the same principles as Covey's seminal work, The 7 Habits of Highly Effective People, but is tailored to the unique challenges and opportunities faced by teenagers.
The book outlines seven habits that teens can adopt to become more effective in all areas of their lives. These habits are:
1. Be Proactive: Take responsibility for your own life and choices.
2. Begin with the End in Mind: Have a clear vision for your future and make decisions that align with that vision.
3. Put First Things First: Prioritize your tasks and activities based on their importance and urgency.
4. Think Win-Win: Seek mutually beneficial solutions in all your relationships.
5. Seek First to Understand, Then to Be Understood: Empathize with others and listen genuinely to their perspectives.
6. Synergize: Collaborate with others to create solutions that are greater than the sum of their parts.
7. Sharpen the Saw: Take care of your physical, mental, emotional, and spiritual well-being.
Ten lessons from The 7 Habits of Highly Effective Teens
1. You have the power to choose your responses to external stimuli.
2. Your goals and values should guide your decisions.
3. Effective time management is essential for success.
4. Mutually beneficial relationships are built on trust and respect.
5. True understanding comes from listening with an open mind.
6. Teamwork can achieve far more than individual effort.
7. Investing in your personal growth is the best investment you can make.
8. Integrity is the foundation of true character.
9. Balance is essential for a fulfilling life.
10. Change is the only constant in life.
By applying the principles outlined in The 7 Habits of Highly Effective Teens, teens can develop the skills and character they need to succeed in all areas of their lives.
@Business_Library
The book outlines seven habits that teens can adopt to become more effective in all areas of their lives. These habits are:
1. Be Proactive: Take responsibility for your own life and choices.
2. Begin with the End in Mind: Have a clear vision for your future and make decisions that align with that vision.
3. Put First Things First: Prioritize your tasks and activities based on their importance and urgency.
4. Think Win-Win: Seek mutually beneficial solutions in all your relationships.
5. Seek First to Understand, Then to Be Understood: Empathize with others and listen genuinely to their perspectives.
6. Synergize: Collaborate with others to create solutions that are greater than the sum of their parts.
7. Sharpen the Saw: Take care of your physical, mental, emotional, and spiritual well-being.
Ten lessons from The 7 Habits of Highly Effective Teens
1. You have the power to choose your responses to external stimuli.
2. Your goals and values should guide your decisions.
3. Effective time management is essential for success.
4. Mutually beneficial relationships are built on trust and respect.
5. True understanding comes from listening with an open mind.
6. Teamwork can achieve far more than individual effort.
7. Investing in your personal growth is the best investment you can make.
8. Integrity is the foundation of true character.
9. Balance is essential for a fulfilling life.
10. Change is the only constant in life.
By applying the principles outlined in The 7 Habits of Highly Effective Teens, teens can develop the skills and character they need to succeed in all areas of their lives.
@Business_Library
📽 10 MOVIES ABOUT BUSINESS 💵
List of business movies 💵
1. The Wolf of Wall Street, 2013
2. The Pursuit of Happyness, 2006
3. Jobs: Empire of Seduction, 2013
4. Wall Street, 1987
5. Wall Street: Money Never Sleeps, 2010
6. The Social Network, 2010
7. Risk Limit, 2011
8. "In the company of men", 2010
9. The Firm, 1993
10. Informant!, 2009
@Business_Library
List of business movies 💵
1. The Wolf of Wall Street, 2013
2. The Pursuit of Happyness, 2006
3. Jobs: Empire of Seduction, 2013
4. Wall Street, 1987
5. Wall Street: Money Never Sleeps, 2010
6. The Social Network, 2010
7. Risk Limit, 2011
8. "In the company of men", 2010
9. The Firm, 1993
10. Informant!, 2009
@Business_Library
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💡 TOP Training: From newbie to pro in no time
🚀 Built-in Traffic: Platinum members get clicks to their offers
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🌱 Second-Tier Earnings: Get paid from your referrals
🌍 Community: Network with pro marketers
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Some Difficult Lesson You Need to Learn
1. Do not depend on someone so much since even our own shadow leaves us in the dark.
2. You cannot understand everything immediately, sometimes you need to wait.
3. There will be time when you won't be invited, included, or considered and that's just a way for you to look out for yourself.
4. When things are going against you, remember that airplane takes off against the wind.
5. The difference between being direct and blunt is the tone. You can be honest in a polite manner or in a rude way.
6. The best way to respond to someone who does not value or understand your words is by being silent.
7. You can be friends with someone for years to only realize that it was never friendship in the first place.
@Business_Library
1. Do not depend on someone so much since even our own shadow leaves us in the dark.
2. You cannot understand everything immediately, sometimes you need to wait.
3. There will be time when you won't be invited, included, or considered and that's just a way for you to look out for yourself.
4. When things are going against you, remember that airplane takes off against the wind.
5. The difference between being direct and blunt is the tone. You can be honest in a polite manner or in a rude way.
6. The best way to respond to someone who does not value or understand your words is by being silent.
7. You can be friends with someone for years to only realize that it was never friendship in the first place.
@Business_Library