Pain & Gain With Ryan Magdziarz

(00:20-00:44) I'm talking about a topic that is the opposite of the last episode, the question is how to start when all you have is motivation. (01:37-01:50) Whenever you're starting in a business, to have a good idea you need to 2 main aspects. you need to be passionate about what you doing, and you need to have profitability. (02:51-03:02) Choose an industry first and pick one that you're passionate about. The 2nd aspect is you need to choose a business model that's profitable. (03:49-04:02) To have a profitable business you simply need to be targeting or having a business type that has a demand for the products or services. So what you're really looking for is demand. (06:40-00:22) I say go for where the demand is because that means you know its profitable and that what create a profitable business, demand. (07:24-07:45) Within this demand what's the point of difference that I can start with or pride myself on, a competitive advantage or unique value proposition, unique selling proposition. What is yo