Home Startups A Step-By-Step Guide to Turn Your Random Ideas Into a One-Person Business | by Michael Lim | Jun, 2023

A Step-By-Step Guide to Turn Your Random Ideas Into a One-Person Business | by Michael Lim | Jun, 2023

by delta
0 comment

What problem are you uniquely placed to solve?

When you start a one-person business, you are marrying a problem…

…NOT a solution.

People get caught up in trying to make their solution work. But your solution is nothing more than an educated guess in the dark.

F*ck your business plan. You need real-world data and feedback.

Once I realized I wanted to serve the group above, I:

  • Brainstormed all their problems.
  • I interviewed them and listened deeply.
  • I asked what problems they thought I was uniquely positioned to solve.
  • Reflected on whether I actually wanted to solve those problems.

This is where you need to be careful. There are many problems that you could solve, but don’t necessarily want to solve.

Some common problems people want me to solve for them:

  • Book recommendations & self-improvement tips.
  • Application of productivity hacks, frameworks, and mental models.
  • Creating good habits and breaking bad ones.
  • Achieving mindset shifts and leveraging creativity.

Do you know what the funny thing is? I do all of these things already. They feel like a natural extension of myself.

Since 2018, I’ve been reading 52+ books per year and self-experimenting with every productivity or self-improvement hack known to humans.

When the problems you solve are a natural extension of yourself, you’ll become a monopoly of one.

You may also like

Leave a Comment

delta-compliance.com

Delta-Compliance.com is a premier news website that provides in-depth coverage of the latest developments in finance, startups, compliance, business, science, and job markets.

Editors' Picks

Latest Posts

This Website is operated by the Company DELTA Data Protection & Compliance, Inc., located in Lewes, DE 19958, Delaware, USA.
All feedback, comments, notices of copyright infringement claims or requests for technical support, and other communications relating to this website should be directed to: info@delta-compliance.com. The imprint also applies to the social media profiles of DELTA Data Protection & Compliance.

Copyright ©️ 2023  Delta Compliance. All Rights Reserved