Find A Need And Fill It – Episode 4 – Part 1
When you’re starting a business, you must determine how committed you are to it. If you were only willing to try it as an experiment, then do not get emotionally attached to it. You will fail. In this episode, business coach Clay Clark sits down with Jack Nadel (entrepreneur who has started one of the top promotional materials companies and the world, and he has also flown in 27 combat missions in a B-29 bomber at the navigator over Japan). There is no dipping your toe in the water and building in empire of the business. You must be all in. If you do not accept this truth, then you are ignorant to reality. Brian Tracy, a self help author, explains that there’s not enough time in the world to learn everything first hand. When you were not knowledgeable in a specific area, seek guidance of an expert in that area. Because there are many people who have specialized in a variety of different industries and areas, there are many things that you can learn by hiring somebody who is knowledgeable in that area. When looking to identify your need or niche that your business will solve, make sure that you have a clearly defined goals for your product or service. What are some of the things that you will provide as part of your product or service? What are the specific capabilities of your product or service? Commit to being great in few things prior to expanding into a world of services that provide everything. Also, consider the source. If you are seeking guidance from somebody, make sure that they’re an expert in that particular area. While a pastor may be a specialist in religion, they may not be the best person to seek guidance from for running a business. Even though your accountant knows so much more than you about finances, I may not be the best marriage counselor. If you enjoy this business coach training, make sure that you seek the other videos in this series that include Jack Nadel, and sign up for one of our upcoming business workshops hosted at the Thrive headquarters.