Category Archives: advice

How to think of which products to make

People always ask me, “How do you come up with so many products to make?”

….well the answer is pretty simple.  And it’s NOT always simple as copying something you’ve seen done successfully by someone else.

Here’s the 5 minute video (excuse the sweat….I just came back from the gym)!

 

Basically this video boils down to the phrase:

“To make money, solve a problem.”

Just 10 More Minutes

Here’s a video Noah and I did about putting forth “Just 10 More Minutes” on stuff you wanna make GREAT ….not just “good”.

The Ones to Watch Out For

There’s a class of people you shouldn’t make fun of…..because it might bite you in the ass one day.

It’s the people that do stuff.

Here’s what I mean:

EVERY successful person I’ve ever met.
I mean EVERY SINGLE DAMN ONE….

…..has done a bunch of stuff.

This means they’ve created a lot of stupid little businesses.
This means they’ve tried a bunch of stupid money hustles.
This means they’ve repeatedly tried stuff and failed, or had crappy results.
This means they’ve done lots of dumb “side businesses”.
This means they’ve dreamt unrealistic dreams of running their own show.
This means they’ve tried businesses that “you told them so” would fail.

The people that do these things, are the ones I’ve seen become successful over and over and over and over over and over and over and over over and over and over and over over and over and over and over over and over and over and over.

When I was a bit younger I’d see people who talked a big game, got amazing grades, joined all the right clubs, and I always thought THEY would become the rich & famous ones.  But it never happened that way.  Haven’t seen it ONCE.  Nothing above average success.

But the people who were CONSTANTLY UP TO SOMETHING…. 
…Even if it was small and stupid.
…Even if they always failed.
…Even if in some sick way, I got some sick-satisfaction out of seeing them fail…..(trust me, when you try stupid businesses, there’s a lot of people who sub-consciously want you to fail).

…those were the people that made it BIG.

Now I call some of these things “stupid” or “dumb” when referring to these small “tryout” businesses…..because that’s exactly what A LOT OF PEOPLE think they are….STUPID.

In most successful people I’ve met, I’ve seen trace amounts of: 
…arrogance
…foolishness
…greed
…curiosity
…ignorance
…need to prove something

 

But ultimately I’ve seen the number one indicator of future success as being:

“ARE THEY TRYING A LOT OF STUFF?”

So next time you see a classmate, family member or colleague who is constantly trying out small businesses or side-hustles……you might wanna watch out.  That fucker might be your boss one day.    ;-)

 

 

SO…..what are YOU working on right now?

 

 

How David Favor validated his business

I’m a HUGE fan of validating businesses BEFORE going full-time with them.

This is an 18 minute interview with my friend David Favor who now owns a multi-million dollar company selling superfood stuff.  Now his company is a well-oiled machine, but it wasn’t always like that.  At first he was scooping product into little plastic baggies (kinda like a drug dealer):

 

An important lesson to be learned from this:

“When you’re blind-sided by the success of something you’re doing….perhaps there’s a business in it.”

The entrepreneurial ramp-up period

I’ve done a bunch of these “survey” and “contest” thingies where we offer to help people with their small business ideas or current businesses.

It’s almost a shame only I get to see these results instead of other people…because:

MOST OF THEM ARE STUPID!

That’s right….a bulk of the ideas and running businesses that get submitted …DON’T MAKE MONEY, and doubtfully ever will.

 

BUT….THESE STUPID BUSINESSES ARE VERY VERY IMPORTANT!

Starting any small business or side-gig is kind of like riding a bike (or any skill):

STAGE 1.) You don’t know what the hell you’re doing and you’ll probably fail a couple of times.
STAGE 2.) You start to get the hang of it.
STAGE 3.) After trying many times, you kind of know what to do by now.

Look at any successful business person and there’s a VERY high chance they’ve tried A LOOTTT of things before whatever made them rich.

Here’s just a SAMLL LIST of dumb things I’ve done:

  • Resumite
  • Tried to buy and sell penny stocks
  • Facebook fan website
  • Rave website
  • Rave forum
  • Rave video hosting service
  • Powerwashing houses
  • Painting address numbers on curbs
  • Burning cd’s
  • Fixing computers
  • Selling bottled water
  • WordPress design
  • Website building
  • Adsense websites
  • Blogging
  • 3D printer websites
  • FancyBlog
  • SEO consulting
  • Buying/Selling on ebay and from Surplus stores
  • more….
  • ….and more….
  • ….and more….

That was just junk I could list off my head in a minute!

In fact, I’m always disappointed at my progress.  I feel like after ALLL THHHEE THHINGGSS I’VE TTRRRIIEED I should be a freakin billionaire by now! But like a lot of things, it takes longer than expected and it probably harder than expected.

Every person I’ve met that’s successful has GREAT stories about all the things they’ve tried in the past.  Try asking someone successful this question:

“What other business ideas did you try before you made it big?”

….and I bet you’ll get a lot of cool answers.

 

So if you’ve been trying to get something off the ground once and for all but feel it isn’t that great of an idea……. don’t be afraid to start quick & fail fast with some crappy business idea.

There are methods to help increase your odds of success (like the SumoBusinessBlueprint we did)….

….but JUST STARTING SOMETHING is always a damn-great place to start!

How to get out of a slump

Me and Noah talk about how to get out of slump:

I know what you’re thinking:

“Neville….what’s wrong with your hair??”

Well….at the beginning of the month my hair color was “bright blue …..but now faded into “i-don’t-know-what-the-hell-is-on-my-head” color.

SUMO DOJO – Hiring People To Make You Better (and PAYING for it)

STEP 1.) Place camera in very precarious position on a ledge surrounded by hot tub on one side, and pool on the other.

STEP 2.) Start filming a video in a hot tub with other people in it….and pretend to ignore them.

STEP 3.) Film a Sumo Dojo about hiring tutors for yourself….and why you should PAY for it!

 

P.S.  Apologies to the couple inside the hot tub who DID NOT enjoy a romantic dip thanks to us :-)

For those young job seekers, or you unemployed slackers

Pretty much the ONE person I know who actually loves his job, and gets everything he wants out of it: Kunal Das.  Here’s how he did it (and it’s not rocket science….well….unless you’re actually a rocket scientist):

It’s always helpful if you have a little guiding light before you graduate high school or college….and you get to talk to people who do what you wanna do.

For example, in high school I wanted to be a doctor (because I’m Indian)….so I joined a two-year program where I got to leave school every-other-day for 3 hours and shadow different types of doctors.

HOLY SHIT I HATED IT!

I learned several things from “sort-of-being” a doctor:

  • I despised the sterile medical environment.
  • I was NOT the slightest bit empathetic to patients (and therefore would be an awful doctor).
  • I noticed while doctors make decent money, their work wasn’t scalable.
  • I didn’t realize doctors have to put up with SO MUCH bullshit red tape, legal concerns, and insurance company crap.

…because I got to “see my future” I immediately knew I would NOT be willing to put much work into becoming a doctor, and would surely fail when it came time to difficult exams, MCAT’s and medical school.

Most people don’t get that chance, and go BLINDLY into some profession without thinking it through.

Those people usually end up hating their jobs.

Here was a GREAT article I wrote (correction: it’s just an Earl Nightingale article I re-created) about getting a job:
http://www.nevblog.com/how-to-get-a-job-fast/