How to Start a Company: Business 101

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✎ In today's video, learn 7 costly financial mistakes you need to avoid at all costs. You'll get expert advice on things that you should never do when starting your business!
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#Believe

Опубликовано:

12 янв 2015

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Комментарии : 2,3 тыс.

@jthb 6 лет назад

Its okay to fail..... But its not okay to quit... Get up and dust it off

@EvanCarmichael 6 лет назад

That's right! :) #BTA875 Luka

@mikesp7029 6 лет назад

Darth Vader

@ebojfmdboojoh4023 5 лет назад

Darth Vader Of course its okay, there's no point continuing something if you can't do it. It's better to stop and do something else. That actually shows more strength to walk away from something you know will never succeed at

@Leah-kv8he 5 лет назад

Darth Vader 💯🙌👏

@abdulmueed2261 5 лет назад

It is easy to say

@JayDoge 6 лет назад

00:59 - Pick the wrong business (passion 1st, money will come) 02:00 - Make the "perfect" plan (make a simple plan, start, adapt) 03:07 - Spend money (carelessly, not frugal) 03:54 - Try to do it alone (you need a people: friends, meet up, a team) 05:11 - Jump into the wrong partnership (work on small projects before committing) 06:39 - Operate in a bubble (get out of your comfort zone, expand your knowledge/skills) 08:25 - Start a product (Generate income asap, improve as you go)

@EvanCarmichael 6 лет назад

Thanks for sharing :) #BTA806 Luka

@carlamurray8935 3 года назад

@trinitystar28 2 года назад

👌🏽👍🏽👍🏽👍🏽

@KiinabaAli Месяц назад

😂😢😢😅😅😅😮😮🎉🎉😂❤😊😊😊😊😢😢🎉😂😊😊 0:25 @@EvanCarmichael

@tomone2010 7 лет назад

And here is the only advice when starting a business: Stop listening to people what to do or not to do. Go figure it out yourself. You can thank me later.

@madesnoel 7 лет назад

but it's a long way bro. I think I believe of 'don't reinvent the wheel."

@Rebecca20239 7 лет назад

tomone2010 I haven't started yet , but that's what i'm thinking. learn as you go, make mistakes, learn from them,move on....

@timramone8009 7 лет назад

unless taking some time to think what they are trying to say and realizing that they are completely right.

@MrHardCash 7 лет назад

That's not a good advice. Confining yourself within the bubble of your own mind/knowledge/beliefs isn't good. Many times these _beliefs_ aren't factual in real life. I don't care how smart someone is. They need to read a lot, experience a lot and _still_ listen to other people. Even listen to what "newbies" or "beginners" have to _say_ . Not necessarily to take what they say as "gospel", or in search for a "step-by-step" guide... but at least to inspire new ideas/solutions to develop in your brain...... or to give you a reality check on what can actually be done and/or should be done regarding a particular point....etc. What you should have said was something along these lines: *Stop being that dependent on other people and what they say. Some of you are addicted to spending tons of money on courses, or just asking questions all the time, while not actually doing the work. Be more "action oriented".*

@calebstevens8269 7 лет назад

How do i know whether to listen to this or not though...? O.o

@kh.g4049 7 лет назад

Advice number one, dont follow ANY advice. Listen, but dont follow, figure it out yourself.

@EvanCarmichael 7 лет назад

Thanks for sharing your thoughts and for watching. #BTA486 Shine

@Trevonimation 6 лет назад

What's the point of listening if you won't do it anyway?

@ImOldandSoAreMyBooks 6 лет назад

Love this one the most! I started Five Cents Matter on my own, and my dream is to take it all the way this year!

@suomi6769 6 лет назад

Jpk Channel But youre giving me advices

@thugson1166 6 лет назад

You're all missing his point... he's not saying he'll do the opposite of what someone says to him. He'll listen, and make his own judgement on whether or not its a good plan, or use the thought to snowball his own ideas. That's what a true entrepreneur does.

@gavinwaterman5456 7 лет назад

I'm a young business and currently making enough money to oversee all domestic bills such as storage, garage rent, utility bills, vehicle, food, petrol and money towards buying tools. I don't have a social life as all my current, money after deductions goes on tools. It's a lonely path being an entrepreneur, but its far better them working for someone else.

@ninjagamerx1664 4 года назад

Goodluck on you bussiness. ;)

@owneyme1024 4 года назад

Very interesting id like to know more. Do you have Instagram?

@YoshiXO 3 года назад

💯💪🏽 keep at it

@scottiepie175 3 года назад

Yes! True

@adandeakobundu2297 2 года назад

@DavidQuan 4 года назад

The perfect plan is some absolute BS. It's like what Mike Tyson said "everyone has a plan until they get punched in the mouth", just get started and figure out the rest from there. Taking the first step is always the hardest. Update: I did not expect Evan to reply haha, that's so freaken awesome! I took inspo from Evan and recorded my own 7 things NOT to do when starting a business, even added in a bonus because I think the bonus point is likely going to make or break the business. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HZgdbSWNWGM.html

@EvanCarmichael 4 года назад

Thanks for sharing your thoughts David #Believe :) #BTA1460 Veljko

@atukwasapromise9915 4 года назад

It's still hard to me for real

@DavidQuan 4 года назад

Atukwasa Promise hard for you to take the first step?

@atukwasapromise9915 4 года назад

@@DavidQuan sooo hard to choose what is wrong and what's right

@ConsultingjoeOnline 4 года назад

True, but I'm not sure I would take all of Mike Tyson's advice. lol

@Falney 7 лет назад

I can't say I am guilty of making the perfect plan. My very first business, the plan was on a napkin, took 10 mins to write and I still got funding for it. I ran it for 6 years before selling it and forming a new business with a small group of friends, that had no plan at all and I was part of it for 3 years before getting bored, selling my shares to my friends and moving on to making my third company... The plan was just a bunch of drawings and squiggles.. Now I am making my third company and I am taking it seriously this time. 100 hours and still working on marketing. Still not over planning though. It is really casually written.

@Falney 7 лет назад

Also in many industries you need to spend money to make it. Software engineering you need a computer before you can program.

@EvanCarmichael 7 лет назад

Interesting and inspiring experience. :) Thanks for sharing Falney. More power to you! #BTA258 Shine

@Falney 7 лет назад

I started out as a it consultant working with small local businesses and then went into web design. It wasn't a million dollar business but it doesn't really need to be to be successful.

@mdafzet8720 7 лет назад

hello falney i would need your guide on how to start my own business.. email me at mdafzet@gmail.com

@sethidomenonyah2184 6 лет назад

MD AFZet if faleny emailed you the guide for starting the business please.send to simplyyours1@gmail.com

@alexjohnson2031 7 лет назад

Skip to @10:30 You're welcome :)

@EvanCarmichael 7 лет назад

Thanks for watching. #BTA562 Shine

@zubairmushtaq1634 6 лет назад

Alex Johnson hahaa nice

@zubairmushtaq1634 6 лет назад

Alex Johnson tnx

@der5tg6yhujn 6 лет назад

Easy as pie 😀

@connormoelmann6429 6 лет назад

For real, when I want to learn, it needs to be quick and without someone yelling at me. Good video but could be cut down in half easily.

@azenkwed 7 лет назад

2 of my businesses collapsed because I jumped into the wrong partnerships.

@sohoyankee66 7 лет назад

My business never got out out of the planning stages because of the wrong partnership.

@PoochieCollins 7 лет назад

Thanks for the emphasis, guys, will take this seriously.

@ronm7114 7 лет назад

Thats why i think starting out alone (small) is just fine.

@madesnoel 7 лет назад

Ya and then once it is working then you scale up.

@herfirstmate 7 лет назад

Azen Kwed The only ship that is sure to sink is a partnership. - Dave Ramsey Do you think you'll ever get into a partnership again?

@rezamahdi9850 9 лет назад

I tell myself if you don't start your own business you have to stay employee for the life which I hate. I have nothing to lose starting my own business but the salary of two years working. I am so much energetic and imagine my next five years as a successful businessman.

@EvanCarmichael 9 лет назад

M. Reza Mahdi yes! go for it! :)

@maxms6087 6 лет назад

How did it go? Where are you now in terms of the business?

@cy5282 6 лет назад

Reza Mahdi this was 3 years ago but how's it now, bro? That thing's actually what i worry right now. I don't wanna be working as an employee all my life though i love my job.

@lopezruben79 5 лет назад

He making too money to reply lol

@MrCany1 5 лет назад

It's already 4 years completed and i think ur still doing job...

@taitjones6310 9 лет назад

7 minute mark. Love this story. Stories like that are extremely helpful to me to suck it up and hang in there. Thanks.

@EvanCarmichael 9 лет назад

Tait Jones :). Thanks. #BTA13 Nina C

@fen212 6 лет назад

I've been juggling with my thoughts for years to venture my own biz. You are 100% right. Planning excessively didn't take me anywhere. I am super inspired by this vid.

@EvanCarmichael 6 лет назад

Glad you're feeling inspired! :) #Believe #BTA912 Luka

@BugRaiser 7 лет назад

I'm starting my own business soon.

@EvanCarmichael 7 лет назад

All the best to you Elais! :) #BTA241 Shine

@mathias2860dk 5 лет назад

How did it went?

@aceykay2065 5 лет назад

What happened

@ruffrize 5 лет назад

Failed to start his soon business. He was soon quitted already lol

@3bwayne554 5 лет назад

Have you?

@theroseexperience 7 лет назад

The first point is partially incorrect and with first time business startups, I believe the reason a lot of them fail is BECAUSE they don't put making money first. They think with their hearts first, not their heads. Passion is what brought you to that point, but passion doesn't pay the bills, you have to make money.

@EvanCarmichael 7 лет назад

Thanks for sharing your thoughts. #BTA309 Shine

@theroseexperience 7 лет назад

***** Thanks for the great content Evan.

@jonkc3635 7 лет назад

You have to think about a startup that will eventually lead a path for you to earn money.

@alexanderuranbirkin3379 7 лет назад

Excuse me but who are you to say that are you a millionare No! than you can't say anything. If you are than your rigth

@granparpimphs8975 7 лет назад

you clearly didnt understand, he was implying you had to care about what you do genuinely, you can't just be a vending machine. Passion carries your business further, you might think your making enough money and dont need anymore, maybe you want to do something else, and start from scratch. if you did what you loved tho you wouldnt stop you'd just keep going. I suggest you learn how to properly decipher what someone is saying and understand he's trying to teach not brag.

@SharifSourour 7 лет назад

Pretty encouraging, since I learned most of this from failing with my first independent brand. Nowadays I pretty much have learned from all of these. Great reminder!

@EvanCarmichael 7 лет назад

Glad to hear that the video was helpful to you! :) Thank you for watching, Sharif! #BelieveNation #BTA401 Luka

@Robinicoleinc 9 лет назад

This is dope. Thank you Evan

@Divineshot 6 лет назад

Great tips!

@EvanCarmichael 6 лет назад

I'm glad that it is helpful to you. Thank you for sharing and thanks for watching! :) #BelieveNation #BTA655 Luka

@tinoandbrothersandmom2974 6 лет назад

I'm studying how to start a cleaning service from home and found a fantastic resource at Enata setup system (google it if you are interested)

@shnatzboy 9 лет назад

Wow! Good stuff!

@Startyourownbusinessacademy 8 лет назад

What a great list of “Do Nots”. It is particularly relevant since a lot of people are wasting time starting businesses they have zero interest in; just so that they can make money. I guess we sometimes forget that growing a business takes time and full of twists and turns. In reality, there are two types of businesses to start: 1) A business centred around your passion and hobby 2) A business based on exploiting an opportunity. Most internet based businesses that people spend time on are the type (2) which requires entrepreneurial flair, web knowledge, SEO etc. Many who start such we end up quitting because the “5 Clicks To ...” promised will not happen overnight. When problems occur (which it will) people simply give up. But if you start a type (1) business; in a space you love, you can weather the pain to the reach the other side - success. If I am to add one more “Do Not” it will be - “Don’t Borrow Money To Start A Business”! Even though I teach people how to raise money; I always try to persuade them not to borrow money or at least reduce the amount they want to borrow because borrowing costs, it is stressful and most times an unnecessary waste. If you need $50k before you generate your first sale you probably need to avoid that business. Hence, I agree with Evan when he says - “Start a service business first not a product business.” I will only add - start a product business if it is not costing a fortune. Meaning with an amount you can afford to lose!

@EvanCarmichael 8 лет назад

+Start Your Own Business Academy Very well said. Thank you for sharing with us an amazing insight, and thank you for watching! :) #BTA124 Luka

@chloeinspires_ 8 лет назад

Love your videos ! Thank you :) I've been watching about two a day!!

@EvanCarmichael 8 лет назад

+Chloe Thomas That's awesome to hear, Chloe! :) Thanks for watching! :) #BTA101 Luka

@shaynediersen4114 7 лет назад

Thank you for the video. Just about to start my first business and all advice is worth listening to. I learn from everything, but your advice makes sense. I appreciate you taking the time to help new business owners like myself. Thank you.

@EvanCarmichael 7 лет назад

Thank you for the appreciation and thanks for sharing with us. Glad that our content is helpful to you! #Believe #BTA478 Luka

@Media_850 7 лет назад

"You don't need money to make money" Your kidding right...?

@EvanCarmichael 7 лет назад

No he is not kidding...you can use your time, energy and any resources you have first to make money. Also don't let not having money be an issue or excuse for starting something. All the best! #BTA449 Shine

@mikedavis3700 6 лет назад

It just need a word of mouth. You have to build that only!!!

@IAmSonicAlchemist 6 лет назад

A double edged sword. No, one does not "need" money to make money, but it sure does help! Especially when one needs "money" to buy inventory. Lol

@etunimi4206 6 лет назад

@Bryan Langsdale If you're poor, then you need money.. That's the truth of it. Unless you manage to store items/etc in your dead grandmas mansion

@jstengineering1513 6 лет назад

How do you expect to make the product with out money. This guy is the biggest smoky Joe I have ever seen. And about planning? What do you think a business plan is for? How do you decide if you sole trader or limited company? You need a business plan to do soo. Thanks God I never wen to he's college hahaha damn! Some people are dome

@HekaAlchemi 9 лет назад

Awesome man! your vids are really getting better. great tips :)

@EvanCarmichael 7 лет назад

I'm sorry for the late reply here. Thank you very much for the appreciation, love and support. Much love. #Believe :) #BTA483 Shine

@valleary9904 6 лет назад

I’ve started my own Custom Oil Painting Company and this was something I wanted here and I’ve been doing very well, I have spent so much money but worth every cent! Great information!!

@EvanCarmichael 6 лет назад

Thanks for sharing :) #BTA875 Luka

@kyvonnasmith7091 5 лет назад

Congrats

@natifranco7170 7 лет назад

#3 Stop spending money... #4 Hire people... mmmhhh kind of contradictory advice, and it's really really hard to get people to work for you for free when you are a startup, like really hard.

@sheldonman3452 6 лет назад

Nati Franco really hard. But not impossible

@joekim4794 5 лет назад

@@sheldonman3452 no, actually... since you want to get technical. lets get technical. it IS in fact impossible. because if someone is willing to work for free, at that point its called volunteering. therefore, its impossible to have some "work" for free.

@gushernandez25 5 лет назад

You dont need money to have a "starting point".

@nonhle265 4 года назад

I think what he meant is spending on yourself...buying stuff you don't need...not really man power...

@deepthitoonz 3 года назад

Identifying good minded people is an art. That can be learnt through mentorship n coaching. Willing to learn ping me

@5afoster 8 лет назад

Very good video, it really inspired me to continue on my path to being a full-time entrepreneur.

@EvanCarmichael 8 лет назад

+A Foster Woot :). #BTA14 Nina

@madesnoel 7 лет назад

Because money love SPEED.

@MakeHerProud 6 лет назад

Yes yes yes!!! I needed to hear this one! Thank you Evan for making it plain and relatable 👌🏿

@mineroquimico2830 8 лет назад

Wow! This is exactly what I needed to hear. Thanks Evan for your tips and motivation.

@newage7849 7 лет назад

I want to start off by saying you inspired me to start my online business, the past few days has been really slow but I kno with time every thing will pick up. It is not easy but with your guidance and leadership I believe I can preserve threw any of the challenges that comes with building a business via online. You always prove high quality content that never disappoints, and I appreciate it to the fullest. I will continue to support you and your movement. Peace love and meditation from New Age🙏🏻🙏🏻

@EvanCarmichael 7 лет назад

Aww, thanks for the love, appreciation and support New Age. Glad you are inspired and you are taking action to achieve your goals. :) If you are interested you could catch Evan live by following him/believeteam on Twitch: www.twitch.tv/believeteam He is usually live every Friday at 9:15AM EST so you can ask questions there via live chat and/or you can also join his newsletter to receive any updates www.evancarmichael.com/newsletter/ All the best to you! Always #Believe! #BTA387 Shine

@mdnumankhan2534 7 лет назад

I have to always give Thums up to your awesome video.

@danap.9189 7 лет назад

We appreciate your support very much. Thank you for always watching!

@clairenewman6197 7 лет назад

I was able to start making money online when I visited this website called *OnlineNetCareer .Com* There I found the tools I needed in order to be successful at online money making. If you want to start making real money online, you must go there.. This is how I am making over $700 per day easily from home

@EvanCarmichael 7 лет назад

Thanks for the love and support as always. :) Much love. #BTA483 Shine

@haozhong152 7 лет назад

When I saw the first tip I was crying... Yes, Passion, real passion, want to change something is the most important thing for someone who wants to start the own business.

@EvanCarmichael 7 лет назад

Thanks for sharing your thoughts Hao. Totally agree with that. :) #Believe #BTA533 Shine

@MrSolzr 9 лет назад

As a young guy trying to get an online business started I can say these help me immensely! You truly inspire me and I watch all of your videos keep up the good work!

@EvanCarmichael 7 лет назад

I'm sorry for the late reply. Glad to know you are inspired Captain Fizzy. Thank you very much for the appreciation. All the best to you! :) Much love. #Believe #BTA483 Shine

@Halexstrasza 6 лет назад

Captain Fizzy so where's your business at now, two years later? :)

@MonicaGonzalezmonica 8 лет назад

That is a great idea, of making videos of failure that we can learn. There is a movement call f*ckup nights, where famous entrepreneurs tell their stories of failure, because no one tells that side of the story. You should do interviews of "failure" because we also learn from them.

@EvanCarmichael 7 лет назад

I'm sorry for the late reply. Thanks for sharing your thoughts Monica. Perhaps if you are not able to watch them yet, you might be interested to check out: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-z5ufmCR7mgk.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-GOGyVZ6gwnY.html & ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rvqGGtp5xQw.html :) #BTA483 Shine

@cesarschira556 6 лет назад

Someone should start filming themselves and regardless of the outcome post it in you tube, like a whatever happens vlog, people take the time to video themselve talking about things we dobt even know are true and because they are enthusiastic while they talk about we belive them, and the end we get misguided or discouraged and quit trying altogether. A failure only means what you want it to mean not what a you tuber thinks it is.

@bornforprabhas5038 4 года назад

Helo boss how r you

@FriendlyCelestial 6 лет назад

This is helping me setting up my first business.

@EvanCarmichael 6 лет назад

Glad it's helpful to you :) #BTA904 Luka

@AutobahnSean 4 года назад

What's your website

@ZirixNightcore 4 года назад

How did it go?

@arielle379 4 года назад

Zirix Nightcoreココ ur two years late with me

@ZirixNightcore 4 года назад

How did it bussines go? (U mentioned it, I'm just curious if can u give us some tips)

@anisamary2030 9 лет назад

I just discovered you through your salsa video and I really like your entrepreneurship advices! As a business student and hopefully, soon an entrepreneur, it is very useful. Thank you!

@EvanCarmichael 7 лет назад

I'm sorry for the late reply Anis. I hope you are doing great in your entrepreneurial journey. All the best! :) #Believe #BTA483 Shine

@joycalories 5 лет назад

Good advice Evan! Thanks! You are one of my favorite consultants because you are an icon for "heart in business"...You rock!

@EvanCarmichael 5 лет назад

Thanks for the love and support! :) #BTA951 Luka

@aichadiagne4473 8 лет назад

The only thing I disagree with in this video is: "You don't need a website". I think you absolutely DO need a website, especially if you're in the service industry. Other than that, this is a great video and i'm sure it has helped and will help a lot of people, myself included.

@EvanCarmichael 8 лет назад

+Aïcha Diagne It definitely helps but you don't NEED a website. Plenty of service businesses don't have a website. The electrician I just hired for a $5k job doesn't have a website. #BTA4

@pravinda333 8 лет назад

+Evan Carmichael You could instead have a blog for free.

@c1arkj 6 лет назад

Home services is the one industry that can still survive without dedicating a lot of time online. Why? Because it is very much word of mouth driven. However, if you want to become anything more than a One Truck Chuck, then you'll want to have a website, or at least a landing page, and look into Google's PPC advertising for your local service area.

@Video-Games-Are-Fun 5 лет назад

this guy is a loony. you NEED social media today BIGTIME. instagram and facebook really spreads the word of your business' existence.

@Luigi-lk4uf 5 лет назад

Hola bonita

@Venusianjonel 7 лет назад

This shit really hit me wow

@EvanCarmichael 7 лет назад

Thanks for watching. :) #BTA327 Shine

@tshiamo9896 7 лет назад

me too

@JHoneySanchez 7 лет назад

go for it girl

@iweajunwapaul.c9251 6 лет назад

how

@ruthwanjiru2193 6 лет назад

I am learning so much from these videos, and seeing the many mistakes I have made as a start up, but believe I will overcome. Thank you.

@EvanCarmichael 6 лет назад

That's awesome to hear! :) Thank you for sharing with us and thanks for watching. #Believe! #BelieveNation #BTA766 Luka

@DaraKFulton 5 лет назад

Needed this !!!! I've been struggling to just get started and get my business off the ground and this video really helps. Thanks so much 😊

@EvanCarmichael 5 лет назад

Glad it's helpful to you! :) #BTA1191 Luka

@mike_daly 7 лет назад

This guy said you don't need business cards, I would advise not listening to that

@EvanCarmichael 7 лет назад

He used to have lots of business cards so it is based on his experience. The best way is to provide value. Thanks for watching. #BTA483 Shine

@PremiumFuelOnly 7 лет назад

Business cards are cheap, its worth it to have a few on hand.

@reymundogarcia8088 6 лет назад

b cards advertising waste of time and money-economics 101

@benjaminmoore4373 5 лет назад

business cards don't help in my book js

@gushernandez25 5 лет назад

You dont need business cards to decide what kind of business you want to do and what kind of service or product people want.

@Anja1111 9 лет назад

Great video, Evan! I only disagree with you on 1 point which is that "you don't need a website". You do! And it is worth the small investment. For as little as 16 euros a year and for 5 years it is around 60 euros I have webhosting plus a domain name, which gives me 5 years to make it a success. With adsense only i earn back my investment, so it is free. Especially when you want to sell your service you need a great website that offers lots of free quality information to attract clients! Having a great domain name is important, short and to the point. Promotion is free! But you need the domain and website. In Wordpress anyone can build a great website. Study the do's and don'ts before you launch and you're on your way to amazing success!

@cjallison8362 9 лет назад

It's true. You don't need a website. I have a Facebook page with 120.000 followers. No website...

@jamilgotcher5456 7 лет назад

I agree with you Anja. When people contact me through my website, most of the time they are ready to spend money. Social media has been good for me to stay in contact with existing clients but most social media inquiries have been people who really aren't in the market in a financial way for professional photography.

@cesarschira556 6 лет назад

If you had a talk with a person you just meet and is not about the bussines you have but you want to keep in contact, you give the your bussines card, next thing you know someone else is calling on a referral from that person. I admit this videos have good information but is completly based on his experience. No everyone is the same. I like to be organized, so i will get a space in my house that am not using and repurpose it as an office, imaging you are looking for an invoice and all you see around is grocery list and kids homework. When starting a bussines not always one size fits all.

@thomascarter8939 6 лет назад

Hey Anja , What service do you use that cost 15 euros a year? Also is it still worth it with the upcoming net neutrality?

@kevingardin6008 4 года назад

I completely agree. Its not good advice since the only things you can actually own on the internet are your website and your email list. A website helps a great deal when building that list too. These are your fans and customers. studies have shown that emails are the cheapest way to advertise and sell.

@enrichedinvestments679 7 лет назад

This video hit the nail on the head for me! I am trying to operate this business solo and I become stressed, frustrated, I have stopped being active in the business, stay home because I am spending money and not making money, and too consumed with the perfect plan! What action I will start to follow up now on is finish reading the power of broke that I am halfway through, watch videos, and ask for help with the business.

@EvanCarmichael 7 лет назад

Thanks for sharing your thoughts Enriched Investments. Yes, it's important to have a team - start with 1 person - even to help you with your business part time at first. Here are some videos that I hope will be helpful to you: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-snnxRiyJL4E.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-DZZqv0ao068.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-pT_vy87DaUM.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-4lg6ZG1p_PY.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-IN9vmjnR7dc.html / ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8TtMXeIWYwg.html & ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eBy5CMXs0qg.html All the best! :) #BTA514 Shine

@sofiasilva7998 6 лет назад

I wanted to congratulate you on your strentgh to perservere through hard times. Wishing you positivity, health and joy!

@EvanCarmichael 6 лет назад

Thanks for the love :) #BTA829 Luka

@CarlWillis20 7 лет назад

Fantastic Presentation.

@EvanCarmichael 7 лет назад

Glad you liked it Carl. :) #BTA322 Shine

@jessebeckwith7852 5 лет назад

Great Advice Evan! I really appreciate this video :) I felt like if I didn't have the "PERFECT PLAN" then nobody would take me seriously. Do you have advice on how to create a plan in the beginning that doesnt hold you back from getting started but also can help get investors?

@EvanCarmichael 5 лет назад

We already have a lot of videos on that subject, you should check them out :) Thanks for the love, Jesse! #BTA944 Luka

@andrecamara158 7 лет назад

Amazing stuff! Very inspiring. I'm someone a week into starting my own business and this has just made my week!

@EvanCarmichael 7 лет назад

Glad you found it inspiring Andre. :) I hope you'll find more videos here that will be helpful to you and your business. All the best to you! Always #Believe. #BTA327 Shine

@Lilprinces234 3 года назад

I started with a product and it's doing amazing. A tea that helps with sleep and anxiety. It's how I'm getting my name out there for my nutrition counselling.

@dolphinmaster1688 6 лет назад

Thanks Your Legendary Tips Probably Made Your Business Better Than Ever!

@EvanCarmichael 6 лет назад

Glad it's helpful to you :) #BTA927 Luka

@urmumisleng 3 года назад

It’s so weird me (12) my brother (7) my cousin (9) and my other cousin (4) at such young ages we are thinking of starting a family business

@EvanCarmichael 3 года назад

It's not weird! That's awesome to hear #Believe :) #BTA1659 Veljko

@nathankirschner5486 6 лет назад

Thank you so much. I'm trying to start a dog walking business for summer and this is so helpful

@EvanCarmichael 6 лет назад

Glad it's helpful to you :) #BTA881 Luka

@bamsantiago5738 7 лет назад

Great videos Evan! I'm inspired by all the content you share. Thank you so much!

@EvanCarmichael 7 лет назад

Glad to know you liked it and you are inspired by our videos Bam. :) Much love. #BelieveNation #BTA548 Shine

@juliusevola8361 7 лет назад

"you do not need money to make money" yeah, right

@EvanCarmichael 7 лет назад

Thanks for watching. All the best! #BTA320 Shine

@jonathanwashington1460 6 лет назад

I'm starting my own business too

@EvanCarmichael 6 лет назад

Thanks for sharing :) #BTA930 Luka

@jhazminecalimag3368 4 года назад

same

@robithevampire 3 года назад

How was your business after 2 years?

@belicosesavage 5 лет назад

Very helpful! From your tips to your enthusiasms I needed it all thanks for sharing!

@EvanCarmichael 5 лет назад

Glad it's helpful to you :) #BTA952 Luka

@athsndwds9372 6 лет назад

Don't need money, need your hustle!! Couldn't agree more. Motivation to my ears! All great advice!

@EvanCarmichael 6 лет назад

Thank you for watching and thanks for the comment! :) #BelieveNation #BTA754 Luka

@kennethvallecillo4598 7 лет назад

I want to start a business in which I provide grain corn, grain beans and weath to small business at a cheaper price. my goal is to lower the inflated price of the product because I live in a developing country. I know there's market for that, but I'm afraid I fail.

@EvanCarmichael 7 лет назад

I hope you will not let fear of failure stop you for achieving your goals. Focus on solving problems and providing value. Always #Believe in yourself and take action even one small step at a time to pursue your passion. All the best to you! :) #BTA319 Shine

@kennethvallecillo4598 7 лет назад

Thank you! I never have and never will quit! I'm a hustler! :) I'm going to open operations in 2017, I will get clients before opening.

@EvanCarmichael 7 лет назад

Way to go Kenneth! I wish you success. :) Always #Believe! #BTA319 Shine

@kennethvallecillo4598 7 лет назад

Thanks Evan, God bless.

@visuastructdevelopmentcorp6783 7 лет назад

It will work Kenneth, stay passionate, plan with care, maintain your desire and when things get tough just remind yourself of why it was a great idea to begin with. #Keeppushing

@Cococonutt 6 лет назад

This is great advice 👌🏻

@EvanCarmichael 6 лет назад

I'm glad that you like it! Thank you for watching. Much love. :) #BelieveNation #BTA761 Luka

@davonehowell3208 4 года назад

New subscriber! Your words hit DEEP! STAYING TUNED IN!!

@EvanCarmichael 4 года назад

Welcome aboard! #Believe :) #BTA1578 Veljko

@YLMompreneurs 7 лет назад

So true! Choose wisely. Don't get stuck in the planning/training loop - but keep developing along the way. Work in community. Vet your partners. I just found your videos and love your energy!

@EvanCarmichael 7 лет назад

Yay! Glad you found our videos. Welcome to the channel and to #BelieveNation. I hope you'll find more videos here that will be of help to you. :) #BTA320 Shine

@klsy2 7 лет назад

i want to partner with a small up and coming company how do i get in contact with them?

@christeenbejar8965 7 лет назад

Wileek Tasime contact me

@25marshalyn 7 лет назад

Wileek Tasime Sticky fingers !

@awesomeness9123 7 лет назад

Guys help me! how do you find like minded people that will be working with you? Most people in my life are small dreamers, and hard working but pessimist people. and Therefore I try to not to spend time with any of them so I don't end up like them. I honestly have NO IDEA how to make this work. If anyone been through this, please share your experience with me.

@TheRohanNZ 7 лет назад

awesomeness where do you stay? If you are New Zealand , get in touch

@awesomeness9123 7 лет назад

Rohan I'm in Canada

@PaulLadendorf 7 лет назад

It took me 6 mos. to start making money. Most of that time was spent learning. I knew very little about online sales and marketing. That was over 3 years ago. I haven't made that much but enough to keep my bills paid and not have to get a job.

@adp7612 7 лет назад

I use the app meet up. Make a group and ppl will sign up and bam! You will meet ppl who are interested. Hope this helps good luck man!

@MrHardCash 7 лет назад

When I started out nearly two decades ago, no one in my social circle was business oriented either. I hanged out at online forums (related to business/marketing..etc. very informative forums), where I got to communicate and build friendships with other _new_ people, who shared the same business/action-oriented mindset. There were newbies, intermediates and experts. We shared and received tips/advises among each other. Case-studies and all...etc. Nowadays, the internet has evolved a lot and it's much easier to reach similar like-minded people man.

@TheKatrinaRuthShow 3 года назад

Thanks for sharing your insight and thoughts! Great video :)

@EvanCarmichael 3 года назад

You're welcome Katrina. Glad you liked it. 💛😊 #Believe - Dondon

@galitribakoff4098 9 лет назад

I loved this video! It sure helps me refocus in my business. Thank you.

@EvanCarmichael 9 лет назад

Galit Ribakoff Thanks Galit - good luck :)

@dropoutandretireearly1781 7 лет назад

YOU ARE SO SPOT ON !!!!! YOU HAVE MY VOTE FOR THIS VIDEO AND TRUST ME ITS A VOTE THATS WORTHY !!!!! I AM A BLACK BELT VETERAN IN BUSINESS !!!! TRUST ME PEOPLE THIS GUY IS GOOD !!!!! SERIOUSLY !!!!!

@EvanCarmichael 7 лет назад

Thanks for the vote Susan. :) Awesome to know you like the video. Thank you very much for the love and support. Much love. #BelieveNation #BTA343 Shine

@dropoutandretireearly1781 7 лет назад

YOU KICK ASS !!!!! I AM A BUSINESS GENIUS AND I KNOW WHEN I SEE A MASTER IN BUSINESS !!!!! MY BUSINESSES ARE BUILT 100% ON 100% DEBT FREE DAVE RAMSEY THINKING !!!!!! THATS WHY I HAVE NEVER EVER FAILED !!!!! CHECK OUT DAVE RAMSEY !!!!!!`

@GumbyTheGreen1 7 лет назад

PERHAPS IT'S TRUE THAT YOU HAVE NEVER EVER FAILED!!!!! BUT HAVE YOU NEVER EVER EVER FAILED?????!!!!!

@EvanCarmichael 7 лет назад

Awesome to know that Suan. :) More power to you! #BTA483 Shine

@chaucerparks5941 7 лет назад

Evan Carmichael Could you do a video on different types of businesses, one can start with little to no money, capital, experience etc. Could you also make a video with Good suggestions for a new type business to start. Perhaps, matching personality traits with the best choice of business. I hope you can understand my delima and request. I'm a person that wants to start a business but don't know the best business to start as #1)I'm one that needs to find fulfillment in my work. #2) I also value having time to spend with my family.#3) Enough money to work ONLY in my business with no extra job needed to supplement. I know that owning a business is hard work, often times more difficult than working on a job but are there any (easy to manage and maintain type businesses) that offer the 3 aforementioned desires I have. Please advise.

@eirikmurito 7 лет назад

"never start a business to make money" thats terrible advice bro..

@EvanCarmichael 7 лет назад

Money has it's value but if that's the only reason you are starting a business, there's a high probability you will not keep going when the going gets tough. All the best! #BTA263 Shine

@eirikmurito 7 лет назад

***** yea i guess

@deadlyclient8420 7 лет назад

Disabler to get the chance of getting the best thing about this one has ever seen the movie

@theanalogman1 7 лет назад

Disabler You interpreted it wrong. Look at it again..

@TotalTech2. 7 лет назад

Dude I am going through the process of starting a business right now. Evan is 100% correct on this. If you are serious about starting a REAL business and not simply be self employed (two totally different things) it takes an ungodly amount of time and energy and you will not see any real money for the first few years on average. While money is obviously important its not everything. People start businesses to be to be free and for passion not just to make quick cash. If money is your sole motivator you are much better off just working under someone else and I am speaking as someone who has both worked within the corporate and entrepreneurial markets. Being an entrepreneur has to be something you MUST do not simply want to or you will definitely fail. If you just want money go search for something on indeed.com. However if you feel deep within your soul what we do then Welcome to the club. Whatever you decide I wish you the best of luck

@healthandsuccess6217 6 лет назад

Thanx Evan for the tips, great job👍

@EvanCarmichael 6 лет назад

Glad you like it :) #BTA892 Luka

@richruelas 9 лет назад

Thanks Evan for giving your reasons as to why to launch a service based business first. It makes total sense because I was leaning toward product based first but the expenses up front makes things more challenging. Back to the drawing board...

@richruelas 9 лет назад

I was considering making several versions of a Mexican Sweet tamale. Tamales are big around the holidays at least here in So Ca.The sweet ones are not that popular I believe that is because they are not that attractive. I figured a way to do that. I have reconsidered though.I really enjoy cooking (for family/friends I've learned) but I decided that I do not want to be doing this on a regular basis. I would have to hire people to make them for me and get a kitchen to do this. I want to start something that does not require much capital .I am willing to put in the hours required but I must enjoy doing what I'm working on to keep me motivated. So #1,3,7 all hit home for me. I'm taking a step back. I do have an opportunity for a service type business that I will explore more. I'll stay in touch. Thanks for all the stuff you put out by the way.

@marijapavlovic2303 4 года назад

not true, you can be passionate about making money and being fully focused on what it takes to achieve that.

@EvanCarmichael 4 года назад

You think so Marija? #Believe :) #BTA1587 Veljko

@BioChemistryWizard 7 лет назад

Tbh everybody should know this without seeing a video. I have a feeling that the competition with other entrepreneurs is easy. Especially seeing how most people are so unintelligent and others are pseudo intellectuals.

@EvanCarmichael 7 лет назад

Thanks for sharing your thoughts and for watching. #BTA251 Shine

@Rebecca20239 7 лет назад

LOL, exactly! once you get started you start to look around at competitors and realize you might be way ahead of the game just with common sense and research on your own

@gibranregiste-charles3847 7 лет назад

Great video dude. I can relate to everything you said. Keep it up!

@MaxielJohannaCamargoGomez 9 лет назад

Greetings from Colombia, thank you for this wonderful video with excellent tips for a good start. I'm new to this channel and I'm enjoying every video one by one and I can say that reach the soul. thank you very much

@EvanCarmichael 7 лет назад

I'm sorry for the late reply here Maxiel. Thank you very much for the appreciation. Glad that the video was helpful to you and you enjoyed our videos. I hope you'll find more videos here that will be helpful to you. :) Much love. #Believe #BTA483 Shine

@mixme8655 6 лет назад

Thank you very much now I know ....what you said in this video changes me and people around...

@EvanCarmichael 6 лет назад

Glad you're feeling inspired Bernard :) #BTA893 Luka

@ltindell23 9 лет назад

Awesome information!!!

@EvanCarmichael 9 лет назад

ltindell23 Thank you :). #BTA12 Nina C

@ZealcraftNet 9 лет назад

Thank you so much can't tell you how much this video helped me to realize what I am currently doing wrong. So thank you and have a nice day !

@EvanCarmichael 7 лет назад

Sorry for the late reply here Zealcraft. Glad that the video was helpful to you. Thanks for the appreciation and for watching! :) Always #Believe. #BTA483 Shine

@NurHawaNisha 3 года назад

Thank you so much for this awesome tips Evan!

@EvanCarmichael 3 года назад

Thanks for watching. #Believe :) #BTA1661 Veljko

@peterngorima7630 9 лет назад

great video Evan! thanx for the practical advices....

@EvanCarmichael 9 лет назад

peter ngorima Glad it helped :)

@MrFdfdfg 7 лет назад

Thank you so much Evan & Team!!!

@EvanCarmichael 7 лет назад

Thank you very much for the appreciation and for watching Shik! :) #BelieveNation #BTA521 Shine

@rmcnglobal608 6 лет назад

"Don't pick the wrong business." Powerful! Starting a business should be motivated by passion for service rather than money. Money is important but service should always come first.

@EvanCarmichael 6 лет назад

I couldn't agree more with you. :) Thank you for sharing and thanks for watching! #BelieveNation #BTA708 Luka

@andorexurix2491 7 лет назад

Thank you so much :) Almost ready to start my business, and this video offered a pretty good outlook on what to avoid doing. You got yourself a subscriber :)

@EvanCarmichael 7 лет назад

Thanks for watching. Glad you like it. :) #BTA344 Monzur

@alexanderjose9105 3 года назад

That is such perfect advice INVT. Dr. johnny_filayy in instagram I highly recommend you check out INVT.Dr.johnny_filayy on ig start up society, He one of the best online business mentors

@davilegrand 7 лет назад

Thank you so much, amazing video Evan, especial in this time 6:39! Thank you so much.

@EvanCarmichael 7 лет назад

Thank you very much for the appreciation and for watching Davi. :) Glad you liked the video. Always #Believe! #BTA291 Shine

@lifeandmore369 8 лет назад

Spot on advice! I'm an entrepreneur and I went through most of these too. Learned my lessons and doing much better now. Thanks so much for posting!

@EvanCarmichael 8 лет назад

+Rob Jones Thank you :). #BTA60 Nina

@acheriet2738 6 лет назад

I'm in the half of the video, but I've to thank you so much! I owned a business for 10 years now and I'm about to star from the bottom again, went to severe depression and now I'm back to learn again and actually do some action. God bless you!

@EvanCarmichael 6 лет назад

It's great to hear that you're willing to push through and take action! Good luck and always #Believe. :) #BTA675 Luka

@steeleinternational449 6 лет назад

Awesome content, Evan! Thanks for sharing your insight!

@EvanCarmichael 6 лет назад

Thanks for watching :) #BTA893 Luka

@Nicole-is-global 4 года назад

THANK YOU for this. I've been doing most of these.

@EvanCarmichael 4 года назад

Thanks for watching #Believe :) #BTA1612 Veljko

@Merlin-pv8hz 6 лет назад

had a negative comment earlier but I like this guy now...Thank you for the valuable advice and I agree about service business. Customers will always remember the service better than product and owners often times DO pour EVERYTHING they have in the business.

@EvanCarmichael 6 лет назад

Thank you for sharing your thoughts and for watching Merlin. Great to know you found the advice valuable. All the best! #Believe #BTA646 Shine

@aestheticdudes9794 9 лет назад

Thanks alot for your wonderful tips !!

@EvanCarmichael 9 лет назад

AESTHETIC DUDES Thank you.. #BTA13 Nina C

@CarolinSoldo 6 лет назад

I TOTALLY agree with what you said about PASSION - this will be the main motivator to get you through the ups and downs of your business! I also love what you said about choosing team members - it's a great idea to get help to avoid burnout, but then give people test projects before committing 100%. Great tips!

@EvanCarmichael 6 лет назад

I'm glad that you like it! Thank you for the love and thank you for watching. :) #BelieveNation #BTA709 Luka

@rayhardnick3022 6 лет назад

This is an amazing video, good job my man!

@EvanCarmichael 6 лет назад

Glad you enjoyed it :) #BTA923 Luka

@safiyabrown9484 6 лет назад

Thank you. This is quite helpful. First-time viewer.

@EvanCarmichael 6 лет назад

Glad it's helpful to you :) #BTA825 Luka

@ntobekobatakati2581 3 года назад

Thank you, am about to start my business this is so helpful the information is to the point

@EvanCarmichael 3 года назад

Glad it helped you Ntobeko. Good luck. 💛😊 #Believe - Dondon

@RebelPixels 9 лет назад

Fantastic video, Evan

@EvanCarmichael 7 лет назад

Sorry for the late reply Rebel Pixels. Glad you liked the video. Thanks for watching! :) #Believe #BTA483 Shine

@seymourfunkan9824 3 года назад

Man not taking any credit away from you, but these are the exact same thoughts I've been having considering the business I want to start and your video just confirms that I do have an entrepreneurial mindset and now I'm more motivated than ever to get started. Now I KNOW I was meant for this. Thank you!

@EvanCarmichael 3 года назад

You're welcome. Glad it resonated with you. 😊💛 #Believe - Feb

@RooGardeninJapan 5 лет назад

More than 3 years later, this video is still so relevant! Perhaps even more relevant as people see the dangers of relying solely on an employer. I love the don't-hold-yourself-back-because-you-haven't-made-the-perfect-plan part 'cos that's something I need to work on. To have someone being so upfront and clear about it is very motivating. Thank you!

@EvanCarmichael 5 лет назад

Thanks for the love! #Believe :) #BTA1056 Luka

@nighz2cupeeps779 4 года назад

Okay so, to summarize that up : 1) Picking the wrong business --> Be genuine and be passionate about your business rather than focusing on earn money because sometimes focusing on earning money too much will lead to a failed business and your vision for your business might become blurred. 2) Making a "Perfect" plan --> Focus on feedback from other customers as that is another way to grow your business other than relying too much on the "perfect" plan for your business 3) Spending money --> Be your own business advertisement rather than spending a lot of your money on ad commercials, business cards, or billboards as you'd have to concern with its costs. 4) Doing it alone --> Sometimes having others to volunteer to help you will lessen the costs of hiring workers 5) Being in a wrong partnership --> Co-operation and evaluation of skills is key in a business partnership 6) Operating in a bubble --> Think outside the box, and learn from other entrepreneurs than focusing on what you've learned. It's best to ingratiate what other entrepreneurs have learned on your own business. 7) Start a product --> Sometimes starting in a service-based business will help you understand what kind of age-group you're going for and the type of desire that people would want from your product you're planning to sell.

@EvanCarmichael 4 года назад

Thanks for the summarization #Believe :) #BTA1637 Veljko

@ShibArmyNews 7 лет назад

I love your enthusiasm. Always stay motivated. Partnerships are very important. Make sure you have chemistry. You are so right!

@EvanCarmichael 7 лет назад

Glad you love DJ. :) Thanks for watching. #BTA232 Shine

@thomaskubrak8744 4 года назад

Great video! Thanks for opening up in step 6. Really opened my eyes some more to what needs to be done

@EvanCarmichael 4 года назад

Glad you like it :) #BTA1301 Luka

@Josueabrahamluna 8 лет назад

Thank you so much for the advice!!

@EvanCarmichael 8 лет назад

Glad to be of service, thanks for the appreciation Josue. :) #Believe #BTA191 Shine

@DaBossMan1000 6 лет назад

I agree with this video 💯%. The money point is so important. Many people focus on the money and forget to focus on the problem they are attempting to solve.