As an entrepreneur (or aspiring one), you will develop a great idea and hopefully you pursue it. The idea will more than likely have several components, all of which are critical to its ultimate success. Fight the urge to solve them all…
If designing a new concept for a pencil, you need to decide where you play. Are you creating a “brand” of pencil that you will license to a current pencil company? Are you going to manufacture pencils out of a unique material? Do you source unique materials and sell them to a current manufacturer? Do you buy existing pencils as a white label and put your brand on them? Do you create a new sales channel to sell pencils online?
A pencil isn’t an idea; it’s 20 different businesses. Pick your focus and outsource the rest…
P.S. When you are ready, here are a couple of ways we can help you:
Join our Entrepreneur’s group.
We created The FĒNX for entrepreneurs who are committed to scaling their business and their LIFE, especially in times like these. Join us for a $1 dollar trial (30 day trial with NO STRING ATTACHED, cancel any time) to start scaling today. Join the trial here: The FĒNX $1 Dollar Trial
Apply to work directly with me.
When you are ready to pursue a really big future (scale, freedom and the option for a life changing exit) by working directly with me, my team and a small, heavily vetted group of founders in my private masterminds, APPLY HERE to learn more about Mac’s Private Mastermind and we’ll send over some details to get you started.