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5 Important Keys to Bootstrap Your Entrepreneurship

5 Important Keys to Bootstrap Your Entrepreneurship

Getting a website on the net as a novice isn’t exactly cake. It requires registering a domain name (example.com), hiring a web designer, and paying a monthly fee to host the site. A content management system is also preferable over paying a web designer hourly to make updates when he can fit it into his schedule. Therefore, a website can run several thousand dollars not including the monthly hosting fee or the occasional updates. These are the reasons that paved the way for me to separate myself from the rat race and become an entrepreneur. I decided to create a web-based application called Posima.com that does all of the above for a low monthly fee. I hired 4 contractors from 4 different countries to complete all the necessary work for the project. I’ve learned many things over the course of the past 14 months, but have 5 suggestions I would like to pass on to any entrepreneurs who are ready for battle.


1. Don’t Panic
Panicking is overrated and doesn’t help anybody do anything. If you are buried alive in a coffin, you will use air less quickly and have a better chance of surviving by keeping a calm head vs. panicking. I’ve had contractors try to quit on me or turn MIA for weeks at a time. At first I flipped out, and flipped out often. But I realized that it wasn’t the end of the world and I’d figure out how to get the work done one way or another. Panicking wasted valuable time I could have been utilizing elsewhere. If a problem arises that needs a fast solution, panicking will do nothing but burn up your remaining air.

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2. Reframe problems
I got this from a book about Alexander the Great. Reframing means find the correct problem first then follow with the proper solution. For example, during the sales process my host told me I could do “x” with my shared hosting account. Later I clarified with support how to accomplish “x.” Once “x” started being done, my host shut down my account saying I was taking up too much of the shared servers resources. I started talking with a lawyer, compiled all the conversations where the company said “x” was OK, etc etc. Upon further review I decided going this route was a bad idea, it would cost money and headache with no obvious solution. I originally thought the problem was the host lying to me. The real problem was that “x” needed to be in working order for me to continue. I solved the problem by leasing a server from the same host on which I can do whatever I please. The host gave me some extra goodies for the trouble.

3. Budget
Budget is a fake word made up to explain a fake process. A budget is how much you have or are planning on spending. You will go over budget; it’s inevitable. If you have $10,000 to spend, why make your budget $10,000 when we know you’ll go over? I think it’s smart to make your budget 50% of what you have to spend. Plan your project around $5,000. When those inevitable issues arise (having my own server costs $250 a month more than what I had before), you’ll still be in the black vs. trying to figure out where you’re going to find that extra cash. If by some miracle you stay within budget, you’ll have extra cash to allocate elsewhere or put into savings.

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4. Outsource
Outsourcing usually has a negative connotation. We outsource every day a hundred different ways. When I need food, I don’t go outside, shoot a cow and pick tomatoes from my garden. I go to a grocery store. When I want to talk to a friend, I don’t send up smoke signals or talk into a can attached to a long string. I pick up the phone and dial. Just because you have a tech guy on staff, doesn’t mean he knows the finite details about making a standards based web site. Just because you have an office manager that keeps the books, doesn’t mean come January she’s a CPA. I’m a one-man show. I came up with the idea for my service but didn’t have any of the necessary skills to fulfill my dream. I could have raised venture capital or brought in “co-founders” to help me, but then I’d get less pie at the end (and I like my pie). Instead I contracted out all work I couldn’t do myself. It took a little longer, but cost less in the long run. Don’t be afraid to hire a professional to do certain tasks.

5. Forget the Others
This one I hold dear to my heart. After graduating college from the University of Texas I worked at a large corporation as a cubicle monkey for a year. I couldn’t handle the bureaucracy and quit knowing I wanted to start my own business. I worked the pick axe and shovel for months digging holes for septic systems while toying with different ideas for a business. When I finally got my idea, I dug holes during the day and molded my software with my contractors at night via email. During this process I received an uncanny amount of pushback from my friends and family telling me to get a real job. No one quite understood what I was trying to accomplish with my software and wrote it off as a dumb idea. I blew everyone off and stayed the course. I now have those same skeptics eating their words, calling my software a multi-million dollar idea. My point is don’t worry about what the skeptics say, it’s not their life to lead.

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All in all, be agile in whatever you do. Just as nothing goes exactly right in life, it doesn’t in the business realm either. At 24 years old, it took me 13 months to create my web application. Often times it was rough and I was poor, but I now have a very cool product to offer small businesses that I believe they will be very pleased with. The experience was incredibly rewarding emotionally and have my fingers crossed that it will be just as rewarding financially. I highly recommend starting your own business if not for the experience alone. If you happen to need a website for that business, why not check out my web application?

Chad Sakonchick is a 24-year old entrepreneur from Austin, Texas. His business, Posima, is a web application that makes it easy for small businesses and non-profits to get up and running on the web. It provides the domain name, the hosting, the design and a content management system all rolled into one.

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Last Updated on January 2, 2020

How to Break Out of Your Comfort Zone

How to Break Out of Your Comfort Zone

Over time, we all gather a set of constricting habits around us—ones that trap us in a zone of supposed comfort, well below what our potential would allow us to attain. Pretty soon, such habits slip below the level of our consciousness, but they still determine what we think that we can and cannot do—and what we cannot even bring ourselves to try. As long as you let these habits rule you, you’ll be stuck in a rut.

Like the tiny, soft bodied creatures that build coral reefs, habits start off small and flexible, and end up by building massive barriers of rock all around your mind. Inside the reefs, the water feels quiet and friendly. Outside, you think it’s going to be rough and stormy. There may be sharks. But if you’re to develop in any direction from where you are today, you must go outside that reef of habits that marks the boundaries of your comfort zone. There’s no other way. There’s even nothing specially wrong with those habits as such. They probably worked for you in the past.

But now, it’s time to step over them and go into the wider world of your unused potential. Your fears don’t know what’s going to be out there, so they invent monsters and scary beasts to keep you inside.

Nobody’s born with an instruction manual for life. Despite all the helpful advice from parents, teachers and elders, each of us must make our own way in the world, doing the best we can and quite often getting things wrong.

Messing up a few times isn’t that big a deal. But if you get scared and try to avoid all mistakes by sticking with just a few “tried and true” behaviors, you’ll miss out on most opportunities as well.

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Lots of people who suffer from boredom at work are doing it to themselves. They’re bored and frustrated because that’s what their choices have caused them to be. They’re stuck in ruts they’ve dug for themselves while trying to avoid making mistakes and taking risks. People who never make mistakes never make anything else either.

It’s time to pin down the habits that have become unconscious and are running your life for you, and get rid of them. Here’s how to do it:

1. Understand the Truth about Your Habits

They always represent past successes. You have formed habitual, automatic behaviors because you once dealt with something successfully, tried the same response next time, and found it worked again. That’s how habits grow and why they feel so useful.

To get away from what’s causing your unhappiness and workplace blues, you must give up on many of your most fondly held (and formerly successful) habits. and try new ways of thinking and acting. There truly isn’t any alternative. Those habits are going to block you from finding new and creative ideas. No new ideas, no learning. No learning, no access to successful change.

2. Do Something—Almost Anything—Differently and See What Happens

Even the most successful habits eventually lose their usefulness as events change the world and fresh responses are called for. Yet we cling on to them long after their benefit has gone.

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Past strategies are bound to fail sometime. Letting them become automatic habits that take the controls is a sure road to self-inflicted harm.

3. Take Some Time out and Have a Detailed Look at Yourself—With No Holds Barred

Discovering your unconscious habits can be tough. For a start, they’re unconscious, right? Then they fight back.

Ask anyone who has ever given up smoking if habits are tough to break. You’ve got used to them—and they’re at least as addictive as nicotine or crack cocaine.

4. Be Who You Are

It’s easy to assume that you always have to fit in to get on in the world; that you must conform to be liked and respected by others or face exclusion. Because most people want to please, they try to become what they believe others expect, even if it means forcing themselves to be the kind of person they aren’t, deep down.

You need to start by putting yourself first. You’re unique. We’re all unique, so saying this doesn’t suggest that you’re better than others or deserve more than they do.

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You need to put yourself first because no one else has as much interest in your life as you do; and because if you don’t, no one else will. Putting others second means giving them their due respect, not ignoring them totally.

Keeping up a self-image can be a burden. Hanging on to an inflated, unrealistic one is a curse. Give yourself a break.

5. Slow Down and Let Go

Most of us want to think of ourselves as good, kind, intelligent and caring people. Sometimes that’s true. Sometimes it isn’t.

Reality is complex. We can’t function at all without constant input and support from other people.

Everything we have, everything we’ve learned, came to us through someone else’s hands. At our best, we pass on this borrowed existence to others, enhanced by our contribution. At our worst, we waste and squander it.

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So recognize that you’re a rich mixture of thoughts and feelings that come and go, some useful, some not. There’s no need to keep up a façade; no need to pretend; no need to fear of what you know to be true.

When you face your own truth, you’ll find it’s an enormous relief. If you’re maybe not as wonderful as you’d like to be, you aren’t nearly as bad as you fear either.

The truth really does set you free; free to work on being better and to forgive yourself for being human; free to express your gratitude to others and recognize what you owe them; free to acknowledge your feelings without letting them dominate your life. Above all, you’ll be free to understand the truth of living: that much of what happens to you is no more than chance. It can’t be avoided and is not your fault. There’s no point in beating yourself up about it.

Final Thoughts

What is holding you in situations and actions that no longer work for you often isn’t inertia or procrastination. It’s the power of habitual ways of seeing the world and thinking about events. Until you can let go of those old, worn-out habits, they’ll continue to hold you prisoner.

To stay in your comfort zone through mere habit, or—worse still—to stay there because of irrational fears of what may lie outside, will condemn you to a life of frustration and regret.

If you can accept the truth about the world and yourself, change whatever is holding you back, and get on with a fresh view on life, you’ll find that single action lets you open the door of your self-imposed prison and walk free. There’s a marvelous world out there. You’ll see, if you try it!

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Featured photo credit: teigan rodger via unsplash.com

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