Recording a vlog before internet turns off | Day 236 Becoming a Millionaire

Summary

In this video, the speaker reflects on their journey and goals, focusing on balancing their software startup and agency work. They discuss challenges, including the complexity of managing a diverse team and building a successful product. The speaker also talks about personal pressures, like the need to find a day job to cover college tuition. Despite the difficulties, they remain optimistic and committed to achieving their goals, with plans to hire more team members and grow aggressively. The video provides insights into the speaker's mindset and determination.

Takeaways

• 😅 The speaker apologizes for not considering first-time viewers in previous videos and aims to do better moving forward.
• 🗓 The date is September 8th, 2024, and the speaker reflects on their productive day from the previous day.
• 📖 The speaker's goal is to make a million dollars in revenue and profit in one year, but they currently face some challenges.
• 🛒 The speaker plans to meet classmates at 9:00 AM to look for day jobs, with three options in mind: two supermarkets and a clothing store.
• 📚 The speaker runs two companies: a software company and an agency. The agency is more established, while the software company has some communication and operational challenges.
• 🚀 The software company is building two products but has decided to focus on one to make it more successful, aiming for 5,000 to 10,000 users.
• 📈 The goal for the software is to develop a product that is significantly better than competitors and grow its user base to 10,000.
• 🤝 The speaker discussed with their co-founder about hiring 10-15 appointment setters to grow the business faster.
• 🧑‍💻 The speaker has struggled with progress in their software company but received encouragement from one co-founder to continue working at a steady pace.
• 💼 The speaker acknowledges the challenges of balancing their software startup with the need for a day job, while also focusing on long-term goals for growth.

Q & A

What is the main goal that the speaker is aiming to achieve?

The main goal is to make a million dollars in revenue or profit within one year.

Why is the speaker concerned about explaining things to viewers for the first time?

The speaker acknowledges that they tend to focus on returning viewers and neglect explaining what has happened for new viewers, making it difficult for them to follow the content.

What dilemma does the speaker face regarding day jobs?

The speaker is deciding between working at two supermarkets or a clothing store, preferring supermarket work because it involves fewer interactions with people compared to being a waiter.

What did the speaker do on the morning of September 8th, 2024?

The speaker woke up between 5 to 6 a.m., read the Quran, and then began the day slowly, starting with activities related to their software company.

What is the current state of the speaker's software company?

The software company is in a complicated situation. They are working on two software projects but decided to pause one to focus on making one great product. The speaker is facing challenges due to a language barrier and unclear plans.

What is the speaker's strategy for their software company in terms of user acquisition?

The speaker's goal is to acquire 5,000 to 10,000 users, focusing on actual sign-ups rather than visitor data from Google Analytics. They plan to build a product that is better than current alternatives, which often have ads and other shortcomings.

What is the speaker's plan for their agency?

The speaker plans to hire 10 to 15 appointment setters for their agency, with each reaching out to a minimum of 75 people per day. This would allow the agency to contact 1,000 potential clients daily, aiming for 365,000 contacts per year.

How does the speaker's situation with college tuition relate to their business efforts?

The speaker has not yet secured a day job or paid their college tuition. They are hopeful that either their day job or their agency's success will allow them to cover their tuition fees.

What attitude does the speaker's co-founder have towards the current challenges in the startup?

One co-founder is calm and supportive, emphasizing that slow progress is better than no progress, while another acknowledges that the situation is difficult but remains composed, possibly due to their own experiences with long work hours.

What is the speaker's current perspective on their software startup?

The speaker is feeling overwhelmed by the chaos within the software startup but is determined to focus on building the product first before sharing more details about it.