Every entrepreneur’s worst nightmare is to spend months working on a product and then not sell a single one
Just as with creating compelling offerings, the key to great marketing is focusing on how you can provide value to people.
To build a successful business your offering needs to provide value to customers. To understand whether this is the case, you need to know whom you are selling to. What are your target market’s demographics?
Most people dream of making a living from something they’re passionate about, such as traveling to exotic countries. But there’s a catch: unless someone is actually willing to pay for it, your passion “business” is just a hobby. The true recipe for success is to find the sweet spot where your passions, your skills and the needs of others meet.
Have you ever thought of quitting your nine-to-five job and striking out on your own? All around the world, more and more people are leaving the hierarchies and rules of traditional employment to follow their passion and start their own business.
Now you know just about everything you need to apply the 10X rule to your life. There’s just one last thing to figure out: how will you choose your goal?
Living by the 10X rule means remembering that you always have to keep growing. After all, the road to success is paved with growth and it’s better to fail while fighting than while retreating
Anyone who has been around a card table knows that going “all-in” in a game of poker is a risky move. You might win the round and take home the pot, but you could also lose everything you have. Luckily, going all-in in life is a little bit less risky. When applying the 10X rule, going all-in just means investing effort, energy and ideas to reach your goal.
Have you heard about the four degrees of action? It’s a pretty simple concept that states that, when confronted with a situation, you can respond in one of four ways. You can either do nothing, retreat, take normal action or take massive action, and it’s the last of these that is the key to success.
History has shown time and time again that merely having the best product isn’t enough to make you a success. Real market success is a product of the right attitude and the readiness to handle unexpected issues.