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Showing posts from November, 2023

Entrepreneurship is a Prison

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In this fast-paced world, everyone wants to become self-employed and be their own boss, but they ignore the factor of how hard and challenging that is. How would they get to know? Social media makes it look nicer with all these posts on quotes, supercars, and planes. This concept of instant gratification and overnight success makes us believe entrepreneurship is child's play, but trust me, it's not. Reality of Entrepreneurship In my vast experience of entrepreneurship, I want to reveal the reality of what social media makes it look like, which is absolutely not the case. It's lonely, it's terrifying. Yes, it is.... Why is a prisoner sent to prison? Because they did something unlawful, and then they are punished by being isolated in the prison, all alone. "Entrepreneurship is a Prison" Yes, you read it right. The punishment of starting an entrepreneurial journey is similar to being in prison. You try to escape from the matrix, and as punishment, you find yourse...

Life is a Marathon, Not a Sprint

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  In our fast-paced society, it is easy to fall into the misconception that success should come quickly and effortlessly. We are constantly bombarded with stories of overnight sensations and instant gratification, leading us to believe that everything in life should be achieved in a sprint. However, the reality is quite different. Life is more of a marathon than a sprint. Early Insights on the Marathon of Starting a Business I'm still early in my marathon career in the context of starting a business, so I'm aware that I'll uncover further insights along the way. However, I've already encountered some profound realizations about the parallels between running a marathon and pursuing long-term goals. At first, I used to think that comparing a race that takes a few hours to a startup wasn’t representative of how hard it is to get a company off the ground. My tune changed when I ran a marathon. Discovering Parallels: Marathon vs. Entrepreneurship  During the marathon, I disc...

Boring Businesses and Why to start them?

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"Excitement in the ordinary" One of the biggest lessons I’ve learned is that investing in boring businesses can be a very wise decision. When most people think of investing, they think of  high-reward investments like clothing brands, food chains or cryptocurrencies. But that's not the case anymore because there is high risk involve. That’s why I’ve focused on investing in boring businesses that are less sexy but offer more stable returns.  So, why invest in boring businesses? These are the 5 reasons: They reach profitability more quickly. They’re less dependent on external investors. Their competitors are boring. Boring businesses are recession-resistant. They’re ripe for acquisition. When I meet with jet owners or big empire owners I usually ask this question that "What they do for living". They says they own a boring businesses and things like waste management company or they started a software company that helps mortgage brokers etc..   So, what are some exa...

Childcare industry is in dire need of attention

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About one in three families with young children encountered “serious problems” finding child care last year, according to a survey that came out in October. And there’s plenty of other data out there just like it. I’m familiar with child care industry because I’ve been doing research on this industry for a time now and working with technology firms to develop solutions that can address those needs. Understanding the Childcare Industry’s Challenges The challenges in the childcare industry are multifaceted. Parents struggle to afford daycare, and daycare employees require more qualifications and are still paid less than other occupations with the same qualifications. Daycare owners are not earning much through business as the costs of operating a child care business are high, and if you are caught breaking any of the laws or rules, the state can close you down. They will close you down if the issue isn’t fixed before you open the next day. A Deep Dive into Childcare Statistics As of 2022...