How can I start a business and sell it within two years while making lots of cash? –@jeredbare
I can just say what the easiest method that I used was. I had zero business experience. But I started a service business (making websites for others) and I didn’’t leave my job until I had several clients (HBO, most notably), and then you build it until you sell it. Then repeat the process.
If I were going to do things a little differently I’d change two things:
A) I would start off as “service” but then productize the service. For instance, in my first successful business I would’ve changed the “service” to a “product” that made and built websites. Product businesses sell for higher value. I had written all the software that we used again and again to make the backbone of websites but I didn’t realize that the smart thing was to productize it.
B) Most important: I would’ve just kept the cash instead of trying to reinvest it in stocks to make more. My biggest regret is making that money and then losing it all that first time and then having to start from scratch again and again.