Pick One Business Model and Stick to It
The speaker argues against searching for the 'best' business model, explaining that all models have downsides. They advocate for choosing based on personal preferences and work style rather than perceived advantages.
Summary
The speaker begins by warning against the trap of trying to find the 'best' business model, drawing from their experience with ecommerce and other business models. They emphasize that every business model has its downsides and that arguments can be made for each one. The speaker explains their personal preference for ecommerce because it aligns with their work style - they prefer working behind a computer and minimizing social interaction. They describe consolidating all their calls into one day to preserve uninterrupted work time for the rest of the week. The speaker draws a parallel between deep work and physical exercise, stating that just as they feel bad without going to the gym, they feel equally bad without dedicated deep work time. They acknowledge that people might find remote sales appealing but explain it would be a nightmare for their personal work preferences. While admitting that ecommerce can seem overwhelming due to the many moving parts required before launching the first product, they warn against the 'grass is greener' mentality and suggest that the key is finding what works best for the individual rather than chasing what appears to be the optimal business model.
Key Insights
- The speaker warns against trying to find the 'best' business model because every single business model has downsides and arguments can be made for each one
- The speaker personally prefers ecommerce because they like working behind a computer for the majority of their day and avoiding frequent social interaction
- The speaker schedules all their calls on one day to preserve uninterrupted work time for the rest of the week
- The speaker compares deep work to physical exercise, stating they feel equally bad without either one
- The speaker acknowledges that ecommerce appears overwhelming due to many moving parts needed before launching the first product, but warns this perception reflects the grass-is-greener mentality
Topics
Transcript
[0:00] I wouldn't try to fall into the trap of like finding the best business model. This is coming from somebody who does ecom and has done many of these other business models as well. They all have their downside. Every single one. I could argue the case for every single one. I still think ecom is the best for me personally because I like being behind a computer for the majority of my day. I like not having to really talk to anybody. Like for the most part, I have all my calls on one day and then I can just [ __ ] [music] work and not talk to people. And I need that time. If I don't…
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