Let’s learn a ton of simple principles that will take you from a little startup to a big one.
1. Always look for opportunities to grow
There’ll be times when you won’t even see the money coming in in a big way. At each stage, there are times where it’s like:
“Gotta keep trying?”
I call it the “cure-all” phase, it happens when you just look at where you’re at and what you can improve. It’s also when you notice how the company you’re working for in an accelerator (at a particular startup) is doing. Then the next stage is to look at ways you can replicate their success.
2. Get real, get real fast
This is about getting real good at the things you do. When you’re learning how to make money, you can have a really deep and meaningful understanding of what you’re doing.
You’ll learn more than when you’re just trying to start out. You’ll have a better understanding of both market conditions and how those market conditions affect companies, and you can apply that knowledge to your business.
3. Don’t stop at building a better product
This is the first stage where you realize that the first steps towards building a good product will probably never be as great as you thought they were going to be. You’re still learning things here. You may get lucky, you may have a lucky run, but there are all kinds of risks. It’s a learning process.
So if you see something you’d like to build and want to start, think: “What do I do with that in order to build it?”
It’s not about trying to be the best product or even the greatest developer (and, by the way, you’d be doing exactly that if you were just starting out). It’s about being a master developer at what you do.
4. Learn what I did, learn what else I can do…
Once you have that first product in place, that’s the point where you’re able to take the next steps.
This is one of the most dangerous things you can do when you’re just learning how to make money fast (and I mean fast-it makes for dangerous!)
You can go way too far with some of these:
– Develop your own platform.
– Learn more languages.
– Learn more frameworks.
– Learn a