Focus on solving a problem, not making money.
Many aspiring entrepreneurs make the mistake of starting a business solely for the purpose of making money. While profitability is important, it should not be the sole focus of your entrepreneurial endeavors. Instead, successful entrepreneurs focus on solving a problem or addressing a need in the market.
By identifying a problem or pain point that potential customers are facing, you can create a product or service that provides a solution. This customer-centric approach not only increases the likelihood of success, but also helps to build a loyal customer base.
When you focus on solving a problem, you are more likely to create a business that is sustainable and profitable in the long run. By addressing a need in the market, you differentiate yourself from competitors and establish a unique value proposition for your business.