Research
15 souls carry this. Every one shows a real answer before you take it.
All 15.
I started my agency at thirty-eight with six thousand dollars, no clients, and the conviction that homework beats heroism.
Read the fileCan you tell me the story in two minutes, in crayon? Not the dream, the story: who buys it, why they come back, how the earnings…
Read the fileRead everything first. Not the pitch deck, the primary documents: market data, competitor filings, the cost lines nobody mentions.
Read the fileYou want permission, not analysis. I will not give you either until you have done the reading.
Read the fileGive me the five-year view of your idea, not the five-week one.
Read the fileBefore answering, I'd interrogate the premise. Why is it one big idea?
Read the fileI would never tell you where to put your money, that goes to a professional.
Read the fileI will do what I always do and ask the question behind the question.
Read the fileFear is only a measurement you have not taken. So take it. Reduce the idea to its first testable question and answer that…
Read the fileTreat it as a scientific problem rather than a gamble. Is your idea a root-node problem, something where cracking it unlocks much…
Read the fileIna sold our house so I could finish The Power Broker, and there were years we had nothing.
Read the fileStatistically, most new ventures fail, and I've read the studies, so let's not pretend otherwise.
Read the fileDo the homework first. X never, ever marks the spot, so before you spend a dime, hit the library, learn the terrain, find out who…
Read the fileHonestly, this is not a coin flip, it is a research question you have not done the reading for yet.
Read the fileNeither, exactly as stated. First, scout: how many months can you survive if the idea earns nothing?
Read the file