Everyone can be an Entrepreneur
Here's how the Digital Economy allows you to grow your business and build a brand from scratch!
Hey Guys,
Aaditya here 🖖
So last week, we’re visited by my uncle. He’s actually a dentist but now works in the real estate sector and earns pretty well.
I asked him - “How easy is it for someone to do what you do?”
He said, “not to hard, you just need $100K to begin with and contacts in the sector + you should know how to sell.”
This is was kinda a bummer, and then I told him that I had setup my online business with little to no investment and was already making magic money from the internet.
But this gets you thinking, How easy is it for someone to become an entrepreneur today?
Let me give you my perspective…
So you’re used to me ranting about the Digital Economy and how everyone can build their own business today, but is it really that easy?
To be honest, it is not “easy“, but it surely is “accessible“.
Nope, you’ll not make millions in passive income, but if you hammer the nail in the right direction — you might just find your passion.
Let me start this one with telling you about my story…
It’s 2020.
The pandemic has just hit and our schools were announced to be closed for months and I had nothing to do… seriously nothing.
I had the faintest idea that people did a lot of cool stuff online and I might want to do something there, but didn’t know what.
So I started with coding.
I wanted to build my own apps like all those young kids you see on the news today, but it was kinda hard.
Coding was too boring for me, and hard.
I quit.
What to do now?
I joined Discord for some change.
This place was fun, it was like the new-age reddit and people where spending a ton of their time here — just chatting.
I applied for petty jobs like shillers and moderators to see if I could make money online — didn’t like it at all.
Then, I was introduced to NFT servers and eventually the world of Web3.
By this time, I was an expert at setting up discord servers.
I started approaching Web3 start-ups, offering them “Discord Setup + Management“ services.
I still remember the $130 I earned for the first time, on the internet!
This led to my community management agency.
I did a bunch of internships with start-ups to gain experience.
I then tried a Lead-gen agency, but failed at that.
After this, I got onto twitter and LinkedIn.
Built my personal brand there and scaled my Ghost-writing business to the level it is at today.
I know this was kinda a messy journey with a lot of turns, but here’s a few insights you just can’t ignore:
Location is no barrier to online business.
Degree is no barrier to online business.
Capital is no barrier to online business.
Age is no barrier to online business.
Building something online is accessible to all and everyone can be a part of this economy with zero pre-requisites!
Here’s a breakdown of 5 keys for a learner to transition into an Entrepreneur:
Skills
If you want to build something offline, you’ll need a degree. If you want to build something online, you’ll need skills.
Today, we’ve been told that Maths and Grammar are skills for the real world, but you’ll have to go beyond the basics.
Soft Skills: Communication, Time Management, etc.
Hard Skills: Coding, Design, Writing, etc.
Pick a Skill → Watch Videos → Try Courses → Experiment ♻️
Access
If skills are the key to the Digital Economy, you’ll need a door to unlock. This door is access — essentially a way for you to communicate with people around the world.
Internet is the first layer of access.
Messaging is the second layer of access.
Social Media is the third layer of access.
Most freelancers and professional stop at the first two, but if you’re looking to build a brand that matters — work on the third!
Build an Audience online.
Share content to educate and inspire.
Build connections and generate leads on social media.
Pick a Platform → See what works → Improve ♻️
Mistakes
Now I could have called this “Experimentation“, but the fact is that making mistakes is what matters the most. If you’re not failing, you’re not learning.
Start pitching your offer.
Start practicing your skills.
Start getting on calls and chats.
Start working with clients and customers.
None of this will be easy, you’ll never have the sorted way out.
But these mistakes are your teacher to thrive in the digital economy.
Community
Yeah, you could be the lone wolf — but having people around is better. People who are walking the same path that you want to.
Don’t ignore the importance of mentors and colleagues in your journey, you’ll need to share ideas and discuss what’s going on.
Get a few good mentors.
Build a group with others at your stage.
Share tips with those one step behind you.
Over the past 6 months I have spent on the Internet, I have noticed one thing:
There is no secret for the people who grow, they’re just helping others grow as well.
Implementation
This is where 90% of the competition is lost. You can build the best strategy in the world and have the best tools — but if you suck at execution, none of it matters.
Growth online is a compound effect. You’ll not see any progress and suddenly you’ll see all progress.
For example:
I wrote 50+ LinkedIn posts before my first viral post. But my viral post got me more followers than all previous ones combined.
It took me 4 months to go from 0 → 1000 followers on Twitter, but only 2 months to go from 1000 → 2000 followers.
Not just consistency, but iterations matter as well. See what is working and double down on that. Change your niche or plan, just keep improving every damn day!
And that’s a wrap!
If you’re reading this newsletter — I want you to try!
If you’re a student, try writing about what you learn.
If you’re working a job, share your experience and insights.
If you’re building a business, expand your reach globally.
The Internet is a catalyst to your growth.
See you next Friday :)