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How to start your own business (by a guy who started his with almost no money)
The first step of just starting… that part is really not that complicated. It’s a fear of failure that prevents us from taking that first step…
Nic Haralambous
The newer way of thinking is something called a ‘Minimum Viable Product’…
Nic Haralambous
Nic Haralambous started wild/crazy/luxury sock company Nic Harry from his bedroom to prove a point – you can start a lucrative business in a short time with almost no money.
Haralambous had only R5000, yet he turned a small profit after a month.
The Money Show’s Bruce Whitfield interviewed Haralambous for his weekly small business feature.
Haralambous spoke about starting you own business (focussing on the first steps and processes).
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Everybody has an idea, but that does not mean that your idea has a place in the world.
Nic Haralambous
If you think you’ve come up with an idea in the shower; you are patently wrong! The chances are your idea doesn’t solve a problem… If it’s big in YOUR world, it doesn’t mean it’s big in THE world… If you have an idea you’ve got to do your research!
Nic Haralambous
Ideas are worth absolutely nothing…! The greatest entrepreneurs in the world are building their own stuff…!
Nic Haralambous
You can’t plan for a billion dollar business at step one…
Nic Haralambous
If you’re so confident about your idea; build it! Ideas are worthless…
Nic Haralambous
It’s a fallacy that overnight successes exit! There is no such thing…
Nic Haralambous
Take the risk! There is no success minted in being cautious… Build your idea! There are no businesses built by thinking; you build by doing.
Nic Haralambous
Reframe the concept of ‘failure’. Failure is just a way to learn…
Nic Haralambous
Never waiver on your vision; the way you get there can change.
Nic Haralambous
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This article first appeared on 702 : How to start your own business (by a guy who started his with almost no money)
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