15 Crucial Things to Know When Starting a Business
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- Опубліковано 10 лип 2024
- 15 Things You Should Know When Starting A Business | SUBSCRIBE to ALUX: / @alux
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Full notes in the article: www.alux.com/starting-a-busin...
Start a business with under $100: amzn.to/2HD3tPD
Start a business like the New Rich: amzn.to/2KpToHs
In this Alux.com video we'll try to answer the following questions:
What are some things you should know before starting a business?
What are the most important things to know when starting a business?
What are some things you don't know before starting a business?
What are the most important mistakes new entrepreneurs make?
What is a successful business?
How to start a business?
How much money do you need to start a business?
How hard it is to start a business?
What you should know before starting a business?
What is the best way to start a business?
What should you do before starting a business?
When should you quit your job and start a business?
Is starting a business for you?
Do you need money to start a business?
Do you need a mentor to start a business?
What is the best way to start a business?
Why do most businesses fail?
How to keep your business from failing?
How long does it take for a business to be successful?
#alux #business #inspiration
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My advise to you. 1 don't make any partner especially friend and family cause you can run away from a business but not from your relations.
2 it's always the right time to start a business because most of the other people are lazy to do it
And no need for too much to start. Start slowly and no need to expand keep it always small as much as you can.
3 remove from your life negative friends delete them I am serious.
4 when you will succeed you will only remember the people whom helped you at first.
I haven't watched the video yet but there was a 3 minute ad about a guy explaining that for an online business, to start, you need a lot of money and time.
I'm 19 and trying to figure out what I want to do. I'm living in my hometown, very small, very restricted on what to do. I don't necessarily want an online busines though. I like the idea of an animal shelter/boarding center on the same property as my house (that i plan on getting later on). Or if that doesn't work out, an art gallery that will offer classes for people. Either one of these ideas i love the thought of doing but I'm so fricken lost.
Thank you for these points. No time like today.
“Keep it small as possible”
This is crap 💩
@@brij5261 Go for the one that holds your PASSION !!!!
@@carojames6776 I want to but it's hard with where I live. I'm also about to have my daughter a month early so everything except her being born healthy is my priority right now..
I’m a 17 year old from Texas, me and a friend are doing this side hustle kinda thing that we could potentially make into a valuable company. There’s a high demand of graffiti removal in the Austin area and only one formal company that doesn’t even have a website. Me and my business partner built a nice kicking website and came up with graffiti removal strategies and we tested a lost of products until we found the one, we launch tomorrow! ENDGAME
Did it suceed?
17 years! What an attitude. Go get it son.
Zeke Estrada what happened??
Wanna know your status?
Dude! We wanna know how it's going. An update, please?
I’m 16 and trying to start a food business! Endgame ❤️
I want to partnership with you...i have a lot of ideas about food buissness
Cloud kitchen might be a good idea. It will give you more profits.
I am of 15 and am starting a tech company from the next month
@@chiragscience9434 what is it about?
@@nightclub3678 it's a robotic training institution
I'm feeling a bit nostalgic, Aluxers. When the pandemic started, these videos were crucial to my motivation, focus and drive. In moments of deep financial despair, I would watch the ones on rich versus poor habits and mindset. They gave me hope. A year and a half later, my business is a reality. My client base is expanding, I'm continually acquiring vital skills, and I have 5 employees. If you're feeling like building your own biz is an insurmountable quest, just take it one decision at a time, hour after hour, day by day. I'm in it for the END GAME.
15 Things You Should Know When Starting A Business
1. Talk is cheap
2- An idea isn't worth anything before it yields a result
3- Nobody cares about your business more than you
4- You don't need money to start a business; you are the business in the beginning
5- Be ready to make sacrifices
6- Build smart from the beginning
7. People should free up your time so you can focus on the strengths
(your employee is here to make sure that your engine is running while you focus/hold on the steering wheel getting everyone to the promised land)
8- Fail fast and Adapt quickly
9 - Long-term success depends on your ability to manage your resources
10- The right mentor is worth 10 years of struggles
11. There are no shortcuts to any place worth going
12- Keeping your head down and grinding is what will make or break you
13- Sales solves all your problems
14- Raise capital from investors only when you can't do it by yourself
15- A business without an endgame is headed nowhere
16 ( bonus) - Don't worry about the legal part in the beginning
Thank YOU
Thank you! I didn’t want to watch the whole thing!
Thank you... I was taking notes and this is good
Thank you
Thanks for notes sharing
I took the Entrepreneurial plunge 22 years ago from my small 3rd world country in Africa. I evolved into the international market trying many years to succeed in Dubai and eventually have my own company with my own unique skills set that set me apart in this highly competitive market. Only this year have I tried expanding my business with a few employees which was a massive failure. However I learned my lesson and am recommencing with renewed focus and rebuild my capital before I can rehire fresh employees on a renewed basis having learnt from my past mistakes. My End Game: Build a successful sales team, scale the formula Internationally and earn my targeted $1 Billion in profits per year, grow that model and finally have my company listed on all major Stock Exchanges.
Hy I want to start a business too .can u help me . Drop a thumbs up if u can help me . Thanks.
Good for you!!
@@ianstephen8106 same I would to start a business ,
Mansha Allah that is great. I would also like to start one
I see this video was unable to convey it's point to the viewers judging by the replies...
if you want to start a business, start it. Period.
End Game, currently own a business that just surpassed 1.5M a year in rev.
How much did you net? Look at the net...
@@valentinacordoba0725 Exactly. But even at only 5% profit margin, the take home would still be 75K.
@@Precious.Marketingit's still big
Being a small business owner, I deeply enjoy all the Alux content. It's been a source of inspiration, motivation, and new ideas. Granted I started my first small business before I knew Alux existed, I'm now developing two more businesses, working on a few utility parents, and writing several books.
What kind of business did you start with? and how much money did you need when you first started?
What is that small business
This is a fairly comprehensive list. Still a bit surface level. Here are three to consider (background: MBA and startup finance/operations “guy”):
1. *Who is your customer?* Hands down the most important question when starting out. Must be clear who you are providing value to.
2. *How strong are your unit economics?* This is your basic of basics from the finances that can fit on a large post it note. It answers when do you hit break even, payout and even if you’re operationally leveraged.
3. *Bootstrap the best you can, but when you need money bring in “smart money.”* These are investors who can increase the value of the business more than just a cash infusion. Never take a substantial amount from family or friends. Always have a well written contract and agreement.
I do agree with you
Very true.... 👍👍👍
I
My 1st million
All very good points... but, I think number 3 is the most likely that people will miss that ... so important... I know from experience of making those mistakes... well put. I have warned people about this, but I think until one has made this mistake, it is likely that most or many will make these kinds of mistakes... but, if they see the truth of this right away, they have the best chance of success. ~And entrepreneur and ten classes away from a business management B.S.
I am 19, I own a recruitment agency, and it's been like 6 months since I started.
I am working really hard
I'm doing good so far
And yes I do agree talk is cheap
EXECUTION > DEBATE
How sway?
Hamza
Can we have a word?
Lies
Damon Merrick I’m 17
Damon Merrick u don’t do shit
From Cameroon and started a hedge fund which fail so bad and lost allot of my investors money ,but later from watching allot of alux videos,I got allot of strength mentally and have started again in December 2019 and the end game is I have learn 1) not to raise capital from others till some certain. Level
2) employee slowly
3) work ma ass off in relation with my strength and delegate
4) timing on when to go public . Instead do allot of back testing and see that I'm moving at the right direction and can consistently track my progress before going public and employing many hands .
Thanks alux for the videos ,more grace and I promise you by 2021 will be writinging you from my company mail .Happy New year to you and to everyone reading.
I'm 19, wanting to start my own cannabis company in L.A. I'm first trying to understand what's important before going into a business, what to expect and what not to do. I'm barely starting on the gameplan but know that I must be focused and determined, no matter how frustrating things may seem to get.
So how did it go?
Cannabis?😂
2:41 The world does not run on wishful thinking, no matter how many times you've read The Secret...
*Absolute savage* 😂😂😂
The world does not respond to need, but to seed.
Don’t get it twisted tho. Putting energy into your thoughts and asking for guidance from the universe....truly works. The answers and solutions literally just fall on your lap....obviously the key is to take major action with what was given to you. Thinking and feeling what you want is powerful as fuck. 🤟🏽
literally every self help book out there is named that. "The Secret...." lol
Exactly ... law of probability and the secret do not go together and every one knows law of prob is Math and science ... the secret is just a bunch of philosophical ideas associated with few success stories while ignoring 1000s of failure stories
I think the secret was an awesome book and I sent 5 copies of that book to my relatives and friends 😂😂😂😂😂😂
I'm 15 and I have decided to start a business . I don't even have a phone of my own . This is my sister's. And I watch all of your videos and yes , one day , I'll be a billionaire.
Have you yet become a bananacoin gazillionnaire?
Good luck i hope we'll see each other in the 1% club soon 💪👍
Good luck
I hope you will become billionaire in the future .
It's been two years, whats changed?
@Tigiudanke Barrie have you set your own business up then?
Im CEO & Founder at The Benton Group, International Luxury Real Estate Team. This is my first business and first year. Im excited to dominate the Real Estate Market and help advance the way we buy and sell real estate. End Game.
Sedrick, The Magnificent! Check Out Graham Stephan if you haven’t already. He’s a good relatable channel
"END GAME!" I'm 13 years old and I'm planning to begin a "Luxury Scale Model Apartment" business. I've already began to create my website and messaged a modeler to build the apartments for me. As this business matures, I'll be beginning a variety of businesses from food to garments, since that's a very big demand for a developing country like Bangladesh. Let me know what's positive and negative about my plan, thank you Alux for such a mesmerizing video.
End game : you relieved me from a stress about the plan, I am now 14 years and going to start a business at the age of 18. now I am collecting knowledge and skills.
now ur 16, give me any tip plz!!
@@karanarjun7358 Take CEOs position at your father's company
Unless it's in the sex industry, why wait till 18?
That how life works kid. You're surely not going to start anything.
@@shohanahmedniloy9218 damn, the world has really crushed your dreams, huh?
I am seriously becoming addicted to this channel
Our channel is actually being hurt by UA-cam
Alux.com really. Do you mean they are demonetising it??
Look at the number of views we're getting these days..
Alux.com why don’t upload part 2’s for your popular videos
I'm addicted
I am 35 years old, and I plan on starting a clothing line, record label, and a chain of bistros. This video is very helpful and inspirational, as I am at the beginning stages of starting my businesses.
How is it going ?
I have a clothing store can we talk
How did you go?
Planning to start my leather work business somewhere in 2023.
Starting with leather wallets, card holder, then lastly going to making leather boots. That's the ENDGAME.
currently collecting boots from different manufacturers to learn about bootmaking and the "feel" of the boots. Started reading, watching other leather workers doing their arts, bought some tools and templates to learn how to do it myself.
Hope to grow and improve my techniques in the future.
Cheers Alux-ers!!!
"a place where future billionaires come to get INFORMED"
"a place where future billionaires come to get INSPIRED"
I have noticed the change of words in the intro
I’m in the process of creating a Cosmetic business plan and working on product formulation right now. Endgame: create generational wealth and passing my business down to my daughters.
Starting a E-Commerce retail for left handed products. This world is adapted to right handed people. End Game !
Unique idea brother
@@hvsingh1733 Bro it's a woman
hey Ananis L what's your site name
Your business would only be targeted towards 20% of the population tho
@@rodolforamirez3985 DM me here on whatsApp +1 985 307 2614
I built up a small business selling video games, board games, toys and many other things starting off very little. I had a small store in a flea market and was doing really well until some other people liked the ideas I had and did the same thing themselves ... but the difference was that they had endless cash. In the end they ended up taking most of the business I had away from me that I had. My business then had a couple really bad years and I had to move it to another place where there was no competition. It didn't work out so well and i'll have to rebuild the business now.
I got so far behind in bills that I had to get job on top of running the business and a friend of mine is running the shop most of the time. Now i'll have to rebuild my funds back and try to rebuild the business back because it shrunk over the past couple years due to the lack of funds to put back into it.
After working a number of months for another company I forgot why I loved running my businesss so much. People just don't respect you the same way in other companies many time as they do when you have your own business and the income potential can be limited and with a business is only limited by what you put into it.
You learn so much from all your experiences good and bad in a businesses on how to adapt to different complications. I have found that is it's good to have mentors for sure .... i've had many of them over the years. And they have all taught me different things and helped me through bad times as well at times too.
14 years old, planning to start an entertainment company
END GAME!
Best of luck Antonio
I'm 22 and started a company at 21, I wish I had started a company when I was a teen
marco moriarty what business?
I run a tuition business in Pretoria South Africa called Matherapy Maths and science tuition. Many thanks for the insights it means a lot...
i need friends like u, i am also from South Africa Cape Town and would like to start a liquidation company. I have all the qualifications and started making a bit of money
Best of luck from India.
@@urlocklebestie llll11111
The last rule was key
Wakanda Forever
I have a for-profit business and have added a non-profit with it. My business is in Travel and I started my business in Leisure Travel, then moved up and decided to start Ethnic Uplift. It helps inner-city and at-risk youth get out of the ghetto in order to learn a skill while helping others less fortunate than themselves. I have lists of places all over the world that need help. Some in medicine, agriculture, teaching, science etc... And so depending on the skill they learn they get a mentor that can help them obtain a trade or degree in that skill. So, there is no "End game" but hopefully better days!
I plan on owning my own chain of restaurants, but I'll start by writing a book based on my culinary journey. Then I'll move to alfresco dining. With success, I'll share my knowledge of cuisine with others who are interested. They might form my staff later. Eventually, I'll open up my own crazy place for experimental type chefs like me; people who don't like monotony in cooking and never cook the same dish after a week. They keep improving on flavors and work with what's fresh and available. I believe it'll catch on. Most people don't like having to change, but as long as someone else does the work, those same people like trying out new things.
Endgame.
END GAME!
So I don't own a business OR not even have a plan to start a business, but just have an intention to become an entrepreneur in life! A BIG THANKS to ALUX for becoming that guiding light for youngsters starting on this voyage of Life!!
Indeed one of my favorite channel, just love you guys! 💕
😊
🙏
Our pleasure Aakash
Aakash Shah
I am starting a Fitness business that emphasize on the mental and psychological aspects of fitness just as much as the physical
END GAME!!!
Starting a gym in sha Allah
Definitely a good idea
what happened
Commented before- update so to speak. I was the CEO of a publically traded company which at its "high point" had a market cap in the low 9 digits. I retired. I'm 76 and am starting 2 new businesses. In anticipation of that I was viewing this one. A friend asked, "With all your extensive experience why are you watching that?"( keeping in mind I'm very polite, ) I just looked at her - I didn't answer. You have one of the best user friendly, Intelligent, useful, fun to watch and listen to channels on UA-cam (not as familiar with Instagram )- super kudos! [PS when I was a kid I read and re-read many times every Scrooge McDuck and Donald Duck( that had Scrooge in it) comic book. Love the Scrooge and his money bin! 😊]
Well, I started out with my strengths and desires. I am a person that is spiritual and wants to help others. My first degree was in Social Work and my second is in Ministry as an Ancient Biblical Historian and minor in Missions.
I started my business as I was getting my D.D. in Biblical History and Missions. My first business was a Travel Agency where I specialized in Faith-based Travel. I added in Cultural and luxury along with my specialty being Africa, Asia, and South America. Then I also started an African boutique where a portion of the proceeds goes back to the Africans.
After I graduated I created a Non-Profit organization that works with unprivileged Youth in America who become volunteers and learn skills that not only helping others in 3rd world countries but helps them also!
So, I now have put it all together on my Nonprofit website.
Where people can come to take cultural or Faith-based Mission and Volunteers trips with their own Church, School or organizational groups or they can organize groups with underprivileged youth and take them to other countries or mentor them upon return.
People can make Tax-deductible donations, become a paid member or just buy a gift for someone through our African boutique where they are also helping us and Africa and India!
It took awhile to create this organization but it is already reaping many rewards! We had a group that just took some inner-city African American youth down to The Dominican Republic and they did great!!! They spoke to the Mayor, superintendent of Education about our Nonprofit and later did a fund-raiser on social media. They had a Beach festival where they were able to donate lots of food and clothes to underprivileged families.
The American youth were happy and proud to know that they could be useful and develop skills that are our goal to teach them that this world is more than just a ghetto and ending up dead or in Prison. And that people in 3rd world countries prefer their own people who do not come as Saviors but as friends who can relate to them.
We are Ethnic Uplift!
"Ethics helping other ethnics globally🙂!" The end game is to create an international organization of unified Ethnics in different countries helping others also.
👉🏽Because there are many affluent people of color that can help uplift the less fortunate who can also later pay it forward😁!!!
To become a Millionaire your mindset should be on how you can help improve the world!
I am still in the "education and raising the money organicly" process and hey I am just a teenager but my End Game is a security company runed by me and my cousin that specializes in VIP protection and counter-terrorism thus protecting individuals as well as a whole company, country, nation... to offer security and protection to all the good people that are working hard out there to achive there dream and not alowing anyone to end there life while they are at it...
I know that this is more of a vision then an End Game but that is what I want , my cousin and I creating and training professional teams for the safety of others ...
and ....
Making some mony while doing it too 😁
Sounds pretty good, when do you expect to make the first steps?
If your security is as secure as you say it will be then you'll dwarf beezos's net worth.
The fist step is now while I am lerning but the real big step is after I finsh my time in the army an estimated of 5 years from now unless they will need my services for longer than that ...
@@skipper7316 because He/She Would Have Solved One Of The Biggest Problem Facing Humanity 💪
Lost my Job because my ex-boss employed too many people to fast, then could not find enough work to maintain them. So I'm considering going on my own. I love the truth and reality of the advice you give in this video. My business will be a Video and Animation production business.
How's life now?
Do it!
Many thanks for your wonderful Sunday Motivational video Alux. You have given me an insight of what a business is and how to go about it.
I have started a business 6 years ago and was happy getting whatever income.When I saw your video it changed my Outlook.Recently I have started a new skilled work added to the business and this from you" A right mentor is worth ten years of struggle " seems right.
This business I started from scratch,and amidst a lot of challenges and a completely lost goal.I happened to say this to my mother at this time" I need a right mentor" and my mother ignored it,and you spoke my words and I felt so good.
Endgame:- If not a billionaire at least a millionaire
Im 13. Just bought my first website domain! I found a problem and a way to solve it. And the foundation is as simple as that. Get an idea. Find a problem. Then find a way to solve it. It doesnt matter what people think. Just go for it!
Ive even reached out to people who are struggling from the problem that my company/hobby runs off. Gather ideas and insight from people who are one on one with issues and difficulties you want to help with. Build a product based around the consumers wants and needs. Dont have a consumer bend there views and work around your rules. Make your rules bend around them. Make them as happy as you can and you will succeed.
Number 2 is so true, talk is cheap. But if you are willing to put in to work to generate results, then people will be willing to listen.
Talk is Cheap is Number 1, but we get the point Michael
very confident comment and very confident profile pic bro
Agreed, Michael! Effective results outshines anything else! 😉
Hey Aluxers, are you already working on your business?
Complete notes: www.alux.com/starting-a-business/
Get Rich Playlist: ua-cam.com/video/nllZrOoxpzc/v-deo.html
Start a business with under $100: amzn.to/2HD3tPD
Start a business like the New Rich: amzn.to/2KpToHs
Alux.com that was great
Alux.com this types of videos I want to watch because very soon I will be the top 🔝 Billionaire in the world 🌍
How do we get sales?
Alux.com thank u once again for another great video
I’m not going to disclose my business idea but #end_game
Registered my business in 2019 and the multinational that gave me my first job is now my client! 😊😊 The part about not being to quick to raising cash, absolutely!!! Don't quickly raise cash, run away from fixed costs as much as possible 😁
1. Talk is cheap
2. An idea isn't worth anything before it yields a result
3. Nobody cares about your business more than you
4. You don't need money to start a business you are the business in the beginning
5. Be ready to make sacrifices
6. Build smart from the beginning
7. People should free up to your time so you can focus on your strengths
8. Fail fast and adapt quickly
9. Long term success depends on your ability to manage your resources
10. The right mentor is worth 10 years of struggles
11. There are no shortcuts to any place worth going
12. Keeping your head down and grinding is what will make or break you
13. Sales solve all your problems
14. Raise capital from investors only when you can't do it by yourself
15. A business without an endgame is headed nowhere
Creating packaging solutions for food, cosmetics and pharmaceutical companies in Nigeria. Plans to become the No.1 packaging hub in Africa.
Thanks for your videos.
Dm me on at bucketlistcess.
dm me on Instagram @tyreece.hamilton
I'm from Nigeria too
I plan on starting a structural engineering company, directed towards the residential sector, eventually becoming a residential developer and then selling the company. End game
End Game!
Me and my colleagues have started a Historical European Martial Arts School named True Edge HEMA, we have a few customers and revenue we're operating 1 year already, we have been using the busking opportunities given by our city government as platform to market ourselves, and we get paid doing that. Though the HEMA school is just a start. Our end game is more like Academie Duello but not limited to HEMA but also other martial arts and other stuff too since I myself used to coach our City's Wushu team and won 3 consecutive championships while I was at the helm.
So I've liked the idea of starting my own business for years, but my most recent idea has really stuck and I believe in it so much that I'm really trying to finally start down this path - hence ending up here. I want to start a specialty soda shop in with some novelty features, including giving local business/vendors/artists a platform. I even already have the perfect name - I just have no startup capital or knowledge of actually opening and running a business. Seems like the point of this community is more about getting rich, which isn't the end goal I'm starting with - but I do believe in my idea enough to think it will be successful and have already found a few good points here...
Starting my own event styling and planning company. My end game is to open an amazing event center and finally a lounge! So excited. My family had an event venue business and I want to branch out on my own. Currently working at an event venue so I can continue to network and showcase my own work. They are an LLC. I'm considering becoming an LLC also. END GAME!!!!
I started a business less than a month ago and am still working full time and it is exhausting, working 16 hrs a day, spending less time with family and friends, taking a toll on your health, not getting any sleep and worrying are very true.
Don't give up, it will all pay off if you keep at it!
Thank you that means a lot
AmericanNinja85 today is difficult, tommorw we will even more difficult but day after tommorw will be very beautiful! Never ever give up keep going. Good luck
Keep moving forward. I started my business while working full time for 7 months, then left my job and focused on my business. One day I worked 22 hours!!! I was beat. Now, I have full staff trained, I dont even have to go into my business every day. It's been 1.5 years of hard work and I wouldn't have it any other way. Keep going :)
so how's it going??
I started my bounce house business two weeks before the pandemic shut me down . I’m now in my second year and we expanded our inventory by double (debt free ) , so I’m pretty stoked about that growth .
End Game : franchise the brand . I have one of the most recognized bounce house brands , and I have a great IDEA on who’s to franchise it . About 3 years from now .
I want to start a clothing business and make it a brand. End game.
1. Talk is cheap
What's holding you back?
Me too
I'm now trying to learn about this kind of buisness and how i could make it work !
I'm wishing you the best , donc give up easily you can make it
@@AIINCOMEACDEMY I trust him, I know he will do it, you do not have to say that.
@@imaneelwahabi311 Same
Endgame.
Im $500 away from my business launch. Enf of the week, I should have ALL my tools ready to go!
Alan Jackson I need help starting mine
Hey ! how is your business going so far ?
How’s it now?
broo how is your business going so far??
Stay blessed bro
I am a fashion and bridal designer, launching my own label.
END GAME!
all the best with your label
@@alricfarmer Thank you!😊
Where? Am starting an online shop.
Its understanding the ease of doing business at the time of setting up a business. Leaving work at work and home at home. A work/life balance. Endgame.
1. Talk is cheap
2. an idea isnt worth anything before it yields a result
3. nobody care about yours business more than you
4. you dont need money to start a business. you are the business in the beginning
5. Be ready to make sacrifices
6. Build smart from the beginning
7. People should free your time so you can focus on your strength
8. Fail fast and adapt quickly
9. Long term success depends on your ability to manage your resources
10.The right mentor is worth 10 years of struggles
11.There are no shoirtcuts to any place worth going
12.Keeping your head down and grinding is what will make or break you
13.Sales solve all your problems
14.Raise capital from investors only when you cant do it yourself
15.A Business without end game is headed nowhere
16.Dont worry about the legal part in the beginning
I am starting a financial education consulting firm!
Endgame: To sell the company for millions, get life long residuals from the intellectual property I create, six-figure speaking/coaching/training contracts and positively impact the world!
SUNDAY VIDEOS ARE THE BEST!!!!! YASSSS!! Keep it coming
Thank you, we will!
I am 17, and I started a fashion company. I know nothing of fashion, but I am striving hard. My endgame is to have a fashion company producing modern yet cultural clothes of the everyday American, to help portray how special each person's diverse background is. I have a lot to learn but I know having nothing holding me back as I now realize I don't need all the registrations and legal things at the start. Thank you Alux.com.
Most important point in this video: 'Nobody cares about your business more than you.' I have experienced this at first hand. Do not trust your employees or partners too much, yes, give them the benefit of the doubt but be involved in everything. Another thing that was not mentioned in this video is leadership. You need to be a good leader and be able to sale your idea to your employees.
I do own a business. I have for a few years now. Finally refining a relaunch based off past failures. Creating a proper plan is crucial which I think every new player needs too stress strategy!
This is a great video, I need this to keep hustling on my business, I barely started a business 2 weeks ago and I haven’t stop grinding, hopefully I can get a sale by the end of this month.
I started a foldable stainless straw company.
focus on the novelty of its carrying case...if it has one...also try and make it filtered. wish you the best
Am starting an online business that retails in used items, the poor and middle class is a market space who also want quality items only that the want to pay cheaper. The vision is to be the biggest online retail platform for selling used items. The end game is to sell.... your videos are always helpful .
Thank you.
My "end game", I started a cleaning business about a year ago, something that "fell into my lap". I also run a non-profit food program with my family. The cleaning business is flexible and supports me while I do the other. My end game is to grow both business equally.
I am starting my Jewellery store within 15 days.
Sounds awesome! Best of luck.
Research customer service and keep clients with smiles
Talk is cheap. 15days has passed.Have you started?
so how is it going?
7 months later how are you doing?
Alux.com is on fire🔥
Yes we are lit
Alux.com maybe things you need to know before going to the the stock market
Its a Good Video on Starting of Business with a lot of Valuable Insights :
1. Promoter must take Charge of Whole Activities.
2. Sales will Solve All Most All Problems.
3. Never give away portion of Stake for small Investment.
4. Allow Employees to do their Activities and Promoter must Take care of thier Salaries.
5. Dont Work like a Employee in your Own Company.
MM Rao
India
Your content will be a must to my future children
That's the goal
Well I think you should let them choose what they want to do in their own life !
That's how you get bums... do you want bums? If you don't guide them, society will and frankly society sucks at it.
@@thakurbhanupradeepsingh1482 They can choose to do what they want to do after I give them these lessons.
My dad sent me the link to this video
Great video. I started an art gallery restaurant with one employee and very few legal documents, to keep overhead low, and we just celebrated our tenth anniversary. We grew, became legal, and how have two branches and three franchises. This video has the best Endgame advice.
I’m 28 and have my own music business. I have a band that’s been growing steadily over under last year and a half. I have merch for the band that will be ever shifting and changing and I plan to do Music lessons, nutritional/environmental/mental health awareness programs and much more as time progresses. The endgame is a ways off but I’m well on the way and appreciate videos like this that help the journey!
well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you out with this
I am planning to start my business. I am worried if I am starting at the right time or not, but you provided me a lot of information which I need to concentrate on. Now I believe there is nothing such right or wrong time, it's all about just get started.
I appreciate the work you have done. Happy Motivation.
Perfect video Alux, these videos are fantastic in motivating us Aluxers at the beginning of the week and helps get our heads in the game!
We are glad to be here to help!
You're so hot😍
John Igomu add me on insta then: @amandavcapstick 🙂, thank you btw.
Amanda Capstick Cool, we should be friends tho😊
I'm planning to start my business in video game development for low end computers. That's the END GAME.
Have you taken a game dev and animation class? I thought the same but I hated it when I went to a school for it. Make sure you test out what you want to do.
I'm 24 years old , I'm into the IT industry (hardware /repairs and sells), it's a side hustle but now I wanna make it a full time business.
Thank you for your advice , it has helped me .
I have an idea for a business, but I am in the process of acquiring all the information I need to see if my idea is a good one, how it can be done, and what angle to start playing from. (Seeing as my vision is for the end result, and it just isn't feasible to reach THAT amount of impact without first laying a solid foundation in a much smaller company.) I also need to know exactly what it entails to dive into this, and see if it is something I can handle, if I have the skills or need to acquire them, and so on and so on.
So whether I intend to start a business or not... it's up in the air for now. Well... Perhaps the correct thing to say is that I don't know for sure WHICH business I will start. I already have some plans for a much less ambitious Life Coach company, which should be quite achievable much faster. But I am nowhere near as passionate about it as I am about my much bigger idea.
It's better to be indecisive when gathering facts than to quit if you're not prepared to face what it will take, in my opinion. Or to claim I have any intentions to start a business before I have completely decided.
This is an amazing video! This is what needs to be taught in schools.
Hey, Alux, timetravel backwards and give this to me when I was 15 yrs of age.
:)
What a coincidence, we just bought a DeLorean! Have to set the date and we off!!!
Me too please, but instead when I was 8 years old with my Pog business hustling at recess and after school! Or my returning shopping cart business (you know the quarter ones)... Would have been nice to have advice like this back then! Thanks SCHOOL!
At my school we have things like this we had a competition. Of good ideas worked out to a proto type by profesionals and i and some friends won and we are in nagosiations with a company. To sell our idea to them
need capital go here www.freewaytoraisecapital.blogspot.com
@@alux Great Scott!!! 😁
I just started an online real estate company, I have another job but afraid to stop because it's paying my bills. I need Alux advice.
End game!!!
I'm trying to start my tech company and will like to point out that you guys are doing a great job with feeding me with information that are helping already. Thanks a million and do keep it up. I'm trying to run a wide range E-hailing taxi company that will solve problems for the general public worrying about how to get to work and going back home safe, with ease and at a lesser cost.
6:55 - 7:10 (in the beginning, you have a lot of time, which helps you earn money through a job, which you use to start your business.) (Motivation of doing a job here is to succeed in your clear vision of business. You know everything about business, you know everything that you're gonna do in business, you have a clear vision... But you don't have money... And that's why you're doing a job.. The motivation is to get all that money you require to achieve your goal in business with the clear vision that you have already.)
8:30 (The foundation itself should be strong and smart)
8:50 - A smart business shouldn't have demand ceiling/demand restriction kind of a thing...
Research about it.
This is definitely an eye opener of a video. I'm just starting my own business for the 1st time, and this gave me a sharper eye into how I execute my dream.
Thank you for making this
I want to start a business where I sell intellectual property to large companies and eventually I'll intake research and development contracts from those companies.
Sounds great Jonathan
Jonathan Washington intellectual property?
Trevonious11 Patents, Blueprints, and prototypes.
Dante The Demon Slayer because patent-licensing is a very lucrative industry. That is mostly populated with individuals selling to companies I'm just taking that concept and building a business around it.
Im a Notary Loan Signing Agent and Licensed Officiant. I'm unsure of what the end game is with that....Im currently focused on living frugally, saving/investing money, and not working for a corporate life-sucking entity. I appreciate being able to manage my own schedule and not be accountable to middle-management. It feels balanced at the moment and I'm cool with that.
ENDGAME - I appreciate your intense and thorough research in your videos.
I watched a long time until I realized that you are worthy of a more open mind. Anyone can throw out their ideas and claim they are valuable. Napoleon Hill was forced to go 20 years before he had the approval of Carnegie.
Weeks ago I added ALUX into my imaginary board of advisors, and added you as part of my planned daily diet.
Thank you.
I'm in the planning phase right now, setting up my life to start a business, looking at a year from now.
END GAME..
Did you execute it?
I am planning to start a poultry farm by June 2019. I have no any idea taking care of chickens or operating an incubator.
Just scraping through online UA-cam videos.
Please don't enslave them
I love your videos. As a new business owner and someone who wasnt raised around business or wealth building mindsets...your videos are teaching me from the basics on up! Thank you! I needed this for my 1- smoothie business, 2- relationship progression business 3- Private Care Firm. Its been hard but slowly im getting the hang of business owner life 🥵😅🥰
well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you out with this
I am 23, I already have started the pursuit of a business entrepreneur. I have so much to learn but I am enjoying the process. At times I find myself frustrated but overall, I have a plan, a destination, an idea, image, plan, etc.
My business is called MentalHouse Records. I am a music and media production artist as well as a business owner, performer, singer-songwriter, and self-proclaimed social media personality.
I also sell digital art and my artistry services, I have a physical location for in-person services and an online shop for the products I sell.
I use social media to my advantage and am confident that I will succeed so long as I do what is needed to do so.
I have A LONG ways to go, But I'm closer than I've ever been!
YEET YEET!!! ENDGAME! *mlem*
* Alux, you are N°1. Very Inspiring ...!
* 15 things we should know if everyone became Millionaire.
as for me i need to open a big super market in my villadje do u think i can
End game. Thinking of a islamic store.( The Ummah )=islamic community is huge but the city I live in has no store we have to travel to several different cities only 15 to 25 minutes away but parking sucks at each location u have to walk because of lack of parking 2 blocks anyway if I start this business in my home town I think it would be a lucrative investment, I'll sell everything Islamicly from scarfs to books Cd's, clothing, oils ( cologne in oil form) which is lucrative by itself , incents books from how to's to advanced KNOWLEDGEABLE DEVOUT Muslims to beginners also as far as statistics Islam is the fastest growing religion in the World , so when I get off my ass & focus on saving instead of spending on my girlfriend that's thousands I could be putting towards my company & I'm a ALUX PHENATIC UR CHANNEL IS SO AUTHENTIC U KEEP SHIT REAL YOU GUIDE US ON WHAT'S REALISTIC AND WHAT WE NEEEEEED TO HEAR NOT WHAT WE WANT to hear , that's why I respect ur channel so much , keep up the Awesome , imperative, realistic work u are appreciated and I'm sure I speak for the hundreds of thousands of ur followers,Thank you for being you
Salaam =PEACE, From me ,The INTROVERTED VISIONARY AKA Solo KNIGHT (SK)
I am currently organizing a carpet cleaning business to begin this summer. My father owns one and I am basing it on some of his principles. Mine will be a son to his parent company, so a lot of the groundwork has already been paved for me. I'm excited to have this opportunity and hope to make my goals a reality through this business opportunity. Endgame! And cheers!
You can market in social media platforms or do SEO if you have a site to further expand your business and if you don't have a site try creating one it really improves buisness, you can hire me to do this for you as am expert in website design and development and social media ads in various platforms
To answer your question: I am a licensed massage therapist and I’ve been working an office of physiotherapy since 2004.
I really like your shows and I’d like to be able to tell others about what I’ve learned from you.
I run a music, dance, and arts academy for kids and young´s. Starting my 4th year in the business, thanks for your channel Alux.com
This is so weird . I am thinking to start the business and this pops up. If I did get good start with my business, Alux will definitely be on my reference. :)
Thank you ALEX for sharing knowledge.
I just started a business the "wellness coach" .
Like weight loss, weight gain, skin care, children care, heart health, constipation, bone health... A lot of things about health.
But I'm weak to convince customers
I am running investment advisory business here in Mumbai - INDIA. Its at very early stage as having 1 client now.
Ur videos r really very helpful.
Thanks to TEAM of ALUX
In the future I’m planing to start a car company, Technology company, train company, and ship company
The Anime Fan 896 Well, stay hungry and hustle. Go for it whatever it takes. It's your dream. Wish you the best
The Anime Fan 896 wish u the best
🤳
I plan to start a tech business that can provide the needs of people in foreign countries where tech and gadgets are way too expensive. That is my ENDGAME!
Sounds good Brian! Did you start the business yet?
Still slowly working my way
I am from India and I manage my own school. It is doing reasonably well and is stable but not growing enough from past couple of years. So I am trying to learn from your videos and check where I m getting it wrong. Thank u so much for the wonderful videos. These r a great motivators and add a lot of value to myself.
I'm 17 and starting an E-commerce Business in the beauty niche within the next 3 weeks, my parents keep talking me down and saying I won't be successful but I keep brushing them off, ENDGAME!
EndGame,
Hello,
I am planning to start micro business on house part and events organizer.
Any ideas suggestion / questions are welcomed 😊
14:03 Everyone asking for mentors and money from successful people should listen to this carefully. Because this is the one thing that is the most annoying. Having people often and continually asking for mentorship or money when they wouldn't put a dime or thought process into their own "idea"...
Hi I have a business for past 13 years I hand sculpt copper wearable art jewelry all by myself.My business is not growing it just pivoting, I make about same amount of money as I just started.I get sales at different art venues,galleries.I don't know how to get to next level.My art business is very unique,no one ever thought me,and I keep my own trade secrets to myself.In order to be different among the other competitors.I guess real artists cannot expand their businesses on a large scale?
I'm 16. I've always had passion for business but before making it real I wanna a stable source of money. I'll be preparing for medical entrance test first.
It's great to hear from you . I am on a journey to begin my Dropshipping business but have some concerns so searching for the same so that I can initiate hassle free . Hope you may help!