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The 2-Question “Straight Line” Business Plan
When you start something new, take it easy.
You’ve gone your whole life without it, why overburden yourself now?
Arnold Schwarzenegger once gave this advice to aspiring weightlifters, but it’s applicable everywhere. Beginners tend to overcomplicate things and overcompensate for lack of experience, when they should be focused on the fundamentals.
With the economy slowing down and interest in side hustles going up, today’s article gives you the easiest business blueprint possible.
Here are only two questions you need to ask when starting your first successful venture.
1. What Is The Most Direct Path To Making Money?
What does your business do to make money?
You should have a clear set of actions that allows you to turn a profit.
I love writing, but personally dislike low-traffic information businesses (blogging and SubStack) because there’s often no direct path to success.
In contrast, service businesses are easy to map-out. You perform an agreed upon action (writing an article, mowing a lawn, building a website) and collect your payment.