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🔍 How to find your business idea 🖊 If you look at top entrepreneurs and simply successful people, they all unanimously say that they don’t work, but do what they love. 🖊 ΒRemember what you love to do and think about how you can make a profit from it. 🖊 Don’t be afraid to fantasize and combine ideas of your talents and achievements. It is important that your favorite activity is related to the giving of some value, and not to consumption. 🖊 It’s not enough to create something, you also need to sell it. Here lies the important point that your favorite business must be in demand by the market.

Here are ten practical lessons from "I Will Teach You to Be Rich"📚📚📚 by: Ramit Sethi designed to help you take control of your finances and work toward a "rich life": 1. Start Now: Focus on taking small, actionable steps toward your financial goals rather than waiting for the perfect moment. Sethi emphasizes that it’s better to begin with what you have than to delay action indefinitely. 2. Optimize Your Credit Cards: Use credit cards strategically to build credit and earn rewards. Sethi advises paying off credit card debt to avoid high-interest charges while still leveraging the benefits of credit cards. 3. Conscious Spending: Develop a "Conscious Spending Plan" that allows you to spend extravagantly on things you love while cutting back on expenses that don't matter to you. This balances enjoyment and savings. 4. Automate Your Finances: Set up automatic transfers to savings and investment accounts. By automating your financial system, you can save time and reduce the temptation to spend unnecessarily. 5. Invest Early and Often: Start investing as soon as possible, even if it's a small amount. Sethi encourages monthly investments to build wealth over time, taking advantage of compound interest. 6. Negotiate Fees and Rates: Don’t hesitate to negotiate with banks and service providers to reduce fees or secure better rates. Sethi highlights that small adjustments can lead to significant savings. 7. Understand Your Numbers: Keep track of four key financial numbers: fixed costs (50-60% of income), savings (5-10%), investments (5-10%), and guilt-free spending (20-35%). This framework helps you stay organized and focused. 8. Prioritize High-Impact Decisions: Focus on big financial decisions that significantly impact your wealth, such as negotiating your salary or choosing the right investment strategy, rather than sweating small purchases. 9. Challenge Financial Myths: Sethi encourages readers to question conventional financial advice and focus on strategies that truly align with their goals, rather than what society dictates. 10. Live Your Rich Life: Ultimately, Sethi defines a "rich life" as one that goes beyond financial wealth. It involves making conscious choices that lead to fulfillment, enjoying experiences, and spending on what truly matters to you. These lessons encapsulate Sethi's approach to personal finance, which emphasizes practical action and aligning financial habits with personal values. For more detailed insights, you might consider checking out a summary or the book itself. ⚡Share and Join @Busines_Insight ✅

⚒ 3 marketing strategies for business beginners 🖊 We're now exploring underrated techniques that promise to redefine the very essence of your marketing approach: 🖊 Collaboration with micro-influencers. Obviously, in the age of the “digital boom” you need to partner with bloggers, but microbloggers show much better results. They have much fewer subscribers, but a more engaged audience, which proves the result with sincerity and support. 🖊 VR, AR and gamification. The sales of the future will be built on these words: through these tools, brands will be able to attract audiences in a more accessible way. Try creating online quizzes or launching an AR company that reflects the essence of your business. 🖊 Storytelling. Today you can work with many storytelling tools: YouTube, Reels, TikTok. Gather your brand data and numbers to build a relevant social media strategy from it.‌‌

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7️⃣ Habits of all Millionaire People ✔️ Relentless Learning: Never stop learning and always seek knowledge to keep ahead. ✔️ Strategic Networking: Understand the power of relationships and surround yourself with mentors and collaborators who inspires you. ✔️ Ruthless Focus: Have a crystal-clear vision and cut out all distractions. ✔️ Bold Risk-Taking: Take calculated risks and step out of your comfort zone. ✔️ Disciplined Finances: Managing your money must be your first priority. Master your finance and build a solid foundation. ✔️ Relentless Work Ethic: Be consistent in what you do and give your best. Showing up daily is the key. ✔️ Genuine Persistence: Push through challenges and do not give up easily. Success take time!  ✅ Incorporating these 7 key habits into your life can set you on a trajectory towards financial success and personal fulfillment.

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🤵How to validate your business idea before investing time and money 1. Talk to people ⚒ The benefits of doing this are countless: - Building a list of people who are potentially interested in buying from you - Gathering feedback to build a better solution that actually solves a problem - Making it easier to sell to future customers 2. Leverage your network and connections 3. Send a survey ⚒ If you’re targeting a broader B2C audience, sending a survey to as many people as possible might be the way to go. 4. Online communities ✔️ Many times people who fall into the same category gather in online communities. That’s a perfect place to hang out, listen and participate. ✔️ Please don’t join just to spam non-stop. 5. Use Google ⚒ Beyond its search tool, others such as Google Trends and Adwords Keyword Planner can help you identify what people are searching for and if the number is growing. And how much it’d cost you to capture those users with ads. 6. Smaller is better ✔️ Your idea is big. Super big. It requires a lot of resources to get started. And because you don’t have them, that’s stopping you from starting. ✔️ Here’s when the concept of an MVP (minimum viable product) comes in handy. The idea is that people will actually get value, even if you’re not offering your ideal-unlimited-resources product or service.