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If I Started Again What Would I Choose?
Today Paul talks about the question he has been asked quite a few times previously but was asked again recently. If he could start all over again, if he was to start a business today what would he do?
KEY TAKEAWAYS
- 15 years ago when Paul was asked this question, ecommerce and the internet was nowhere near as big as it was. He answered saying he would either start an IT repair company or a property maintenance company. He began the property maintenance company and that is what led him into property. Back then both of these companies needed lots of overheads to be started. Today times have completely changed, you can get started quicker and for a lot less money.
- One of the businesses Paul would start now would be an ecommerce business, simply selling something online. It would be quick to get started and would have low overheads.
- The second business Paul would start now would be an education business. The self-education industry is huge, you need knowledge and credibility but if you have that you are onto a winning business model.
- Many of the big well-known brands that have recently failed, had awful websites. This highlights the importance of an online presence for all businesses today.
BEST MOMENTS
“There are business models out there that are almost free”
“Being online and selling online allows you to get started from anywhere with little to no overheads”
“If you have something that you can turn into your superpower and you can sell that skill then that’s going to be the sweet spot for you”
VALUABLE RESOURCES
BulletProof Business Podcast
ABOUT THE HOST
Paul Abercrombie
Entrepreneur, Speaker, and Founder of Multiple Businesses. Paul is on a mission to help business owners and Entrepreneurs achieve success.
"In 2008 I left my full-time job to follow my dream of owning my own business and building a better life for me and my family. Since then I have started 12 businesses, generated millions in sales revenue and employed hundreds of people. I have also had some epic failures, made many mistakes and it’s my mission to ensure other can learn from my experience, avoid the mistakes I have made and achieve success in both life and business!”
CONTACT DETAILS
Paul Abercrombie LinkedIn
See omnystudio.com/listener for privacy information.
View all episodes
By Paul Abercrombie
5
11 ratings
Today Paul talks about the question he has been asked quite a few times previously but was asked again recently. If he could start all over again, if he was to start a business today what would he do?
KEY TAKEAWAYS
- 15 years ago when Paul was asked this question, ecommerce and the internet was nowhere near as big as it was. He answered saying he would either start an IT repair company or a property maintenance company. He began the property maintenance company and that is what led him into property. Back then both of these companies needed lots of overheads to be started. Today times have completely changed, you can get started quicker and for a lot less money.
- One of the businesses Paul would start now would be an ecommerce business, simply selling something online. It would be quick to get started and would have low overheads.
- The second business Paul would start now would be an education business. The self-education industry is huge, you need knowledge and credibility but if you have that you are onto a winning business model.
- Many of the big well-known brands that have recently failed, had awful websites. This highlights the importance of an online presence for all businesses today.
BEST MOMENTS
“There are business models out there that are almost free”
“Being online and selling online allows you to get started from anywhere with little to no overheads”
“If you have something that you can turn into your superpower and you can sell that skill then that’s going to be the sweet spot for you”
VALUABLE RESOURCES
BulletProof Business Podcast
ABOUT THE HOST
Paul Abercrombie
Entrepreneur, Speaker, and Founder of Multiple Businesses. Paul is on a mission to help business owners and Entrepreneurs achieve success.
"In 2008 I left my full-time job to follow my dream of owning my own business and building a better life for me and my family. Since then I have started 12 businesses, generated millions in sales revenue and employed hundreds of people. I have also had some epic failures, made many mistakes and it’s my mission to ensure other can learn from my experience, avoid the mistakes I have made and achieve success in both life and business!”
CONTACT DETAILS
Paul Abercrombie LinkedIn
See omnystudio.com/listener for privacy information.