Youtube comments of James Jani (@JamesJani).
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IMPORTANT CLARIFICATION/CORRECTIONS:
I want to preface this by saying that I don’t think the entirety of the self-help industry is bad – and as some of you have rightly pointed out, not all the fault should be given to the industry itself, consumers of the industry need to take accountability for their actions as well.
Self-help has benefited me greatly, but only when I approached it from a place of not using self-help as a “quick fix” for motivation and happiness –this video was intended to look at various traps that people can fall into if they use this industry in the wrong way, which I had been doing previously.
I realise now that there must be a BALANCE – both your consumption and action must have a symbiotic relationship, and a combination of both can make self-help something that could prove to be genuinely useful.
So with that in mind, see this video as a look into the aspects of self-help that have been taken and misused by both the producers and the consumers of the industry, but not a hit piece on the self-help industry as a whole.
Hope this clarifies things!
🙏
Edit #1: Also, when I say “my first year in college” in this video I am referring to sixth form (US equivalent of grades 11/12) - we sometimes call this “college” in the UK.
Edit #2: I was harsh when including clips of Gary Vaynerchuk in this video! - Although I didn't mention him by name specifically, I did imply that he was somehow a negative influence of the "self-help" community. Gary V is actually very outspoken against certain aspects of the self-help industry that I've referenced to in this video, and he is a legitimate entrepreneur who profits mostly from his media company, not from self-help. By no stretch of the imagination should he be pegged in the same category as "guru's" like Grant Cardone - this was definitely a mistake on my part.
Edit #3: I recommended Echarte Tolle's "The Power of Now" book at the end of this video. I want to emphasise that whilst I enjoy this book for its philosophy on mindfulness, and bringing awareness to your thoughts, I do belive that are many elements of the book that are "woo-woo" and pseudoscience. Bare that in mind if you ever purchase his book.
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I can definitely see it from that perspective - although I think some distinctions need to be made.
My issues with self-help content have to do with feeding people motivation, getting them hooked on that motivation, then selling them product after product after product (of course, not everyone does this intentionally, and not everyone falls for this trap, but to many it still applies).
Whilst I'm trying to "help" people, my intentions with this video are not to sell any self-help related product (there isn't one), and not to make my audience "motivated" in the sense that they'll just continue "action faking".
My goal with this video was to create more of a "wake up call" feeling that I wished I could have had when I was in the thick and thin of the self-help industry.
The books that I recommended at the end of this video I intentionally prefaced by saying "I never felt like they were trying to get me hooked to motivation", and that they were genuinely helpful in my life. Eckhart Tolle's book helped me feel content with myself in the present moment, which broke me out of a never-ending self-help consumption cycle, and MJ's book gave me a great grasp on entrepreneurship, economics, and wealth - advice that I use to this day.
Hope that clarifies things 🙏
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Hey Anton, this is a great point!
I definitely think there are varying degrees to the quality of the “problem” that’s being sold.
The market had a need for a sugary drink, and so Coca Cola delivered it. As trivial and as harmful as that need may be. However, even more interesting is as the market grew more aware of the negative side effects of Coca Cola, so too did the companies need to change things up (less sugar, diversifying drinks, etc). Granted, this does expose a flaw in capitalism which is sometimes the market’s needs/problems are fulfilled with a solution that isn’t necessarily good for the overall populous, or important.
And whilst a qualified doctor may earn a lot, the path of being a doctor is far more saturated than the path of creating the next big social media platform (i.e TikTok), not to mention the amount of scale and magnitude a social media platform has in comparison to a single doctor.
It’s definitely not a perfect system, for sure - and one could certainly critique it from an ethical standpoint, but the equation still underlines it all, I believe.
But I do think this conversation is a very important one to have when looking at how we could improve the system as a whole 🙏
Appreciate the comment, Anton ☺️
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@alantew4355 Hey Alan, thanks for the reply. However, I think your answers further show how ridiculous the assertions and beliefs of the LoA are.
To clarify: my position is not that the LoA doesn't exist, but rather that we cannot possibly know whether it does or doesn't at this point in time, and anyone claiming to have knowledge of its existence is either knowingly or unknowingly lying.
Statement: "Their Beliefs (the deep beliefs, not the superficial ones) attract poverty to them".
My response: I can't tell if you genuinely think this is the answer to poverty. This is an incredibly reductionist explanation to an extremely complex issue. To completely negate any historical, political, or cultural causes behind poverty and instead reduce it to "they're in poverty because of their deep beliefs" is not only completely useless as a way of guiding policy or helping solve the issue, but it is a very dangerous idea. By your logic, we can suggest that those who are the victims of assault were victims by virtue of their own "deep beliefs", and therefore strip away any blame from the perpetrators - or does the LoA conveniently not apply to this example?
Statement: "Yes, scientifically speaking, it does seem like it cannot be falsified or proven true currently"
My response: this isn't even a scientific argument at this point, it's simply an argument over the logical consistency of the LoA. If you yourself can recognise this is an unfalsifiable belief, then why make the logical leap into assuming it's correct anyway? Does that not seem a little irrational to you? You've assumed your conclusion is true, and are aiming to find premises to prove your conclusion, as opposed to working the other way around.
Statement: "I have studied the law of attraction quite extensively, mainly through the works of Jane Roberts and Bashar, and I have found them to be logically consistent"
My response: I have never read into any of their works - but the Law of Attraction has PLENTY of logical inconsistencies. Rational wiki gives some good ones in their "logical flaws" section (https://rationalwiki.org/wiki/Law_of_attraction#Logical_flaws). To add to that section, the Law of Attraction is guilty of the just-world fallacy - assuming that good actions (positive thinking) are rewarded with good consequences. But reality absolutely doesn't play out like this. There are countless good, honest, optimistic individuals who are pushed over or given terrible circumstances in life, their "good thoughts" or "deep beliefs" didn't do anything for them. Equally, there are many bad, manipulative, morally bankrupt individuals who make it far in life without ever being punished - take, as one example of many, Jimmy Saville. This is somebody that abused minors, but got away with being a celebrity and at the top of the industry and died with his reputation still in-tact at the time. Where was the law of attraction here? Where was the law of attraction for his victims? Or was it their "deep beliefs" that are to blame for why they were treated that way?
Statement: "Many people think they really need a million dollars, but life itself will always give them something they really need"
My response: So any time something goes right, we can say it's proof for the Law of Attraction, and any time something goes wrong, we can conveniently say that it wasn't what they really "needed". As I said, you've crafted a belief system in which you could justify absolutely anything, and could never be wrong. This is the fundamental flaw with the Law of Attraction. And it's thanks to this that people will keep getting conned into taking this belief as truth and blaming themselves every time.
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@biskit5271 Provide legitimate value to the market. I know that sounds quite vague, but it's where all good money comes from. In my "Untold Truth About Money" video, I specifically mention creating solutions to problems (in the form of a business) as a way of providing value to the market. That doesn't necessarily mean starting the next Facebook, or creating the next iPhone or anything even remotely on that level of scale or innovation- unless that's your goal.
Take my YouTube channel as an example. I saw a gap in the market (problem) where a lot of business gurus/entrepreneurs were giving out what I thought was bad advice on YouTube and weren't being genuine. I then created content that I thought could solve that problem by making educational videos around money and business, whilst also being genuine and upfront with my audience. I combined that with my love for acting and storytelling, and here we are - I'm able to make a business around my channel, and earn an income from it. The channel also has the potential for mass scale!
Find things that people complain about in day-to-day life, or things that you yourself complain about, and start to question whether you can make a business around the solution to those problems and whether it has enough scalability to be worth pursuing - that's perhaps the best condensed advice I could give!
Hope that helps, buddy 🙏
Also: you can find a job! Although it's difficult to find a job with huge scalability, and unlikely to generate wealth in a short period of time, it's still a perfectly viable option. Sometimes business and entrepreneurship isn't for everyone, and that's perfectly fine. If you have a job that works well for you that you feel fulfilled and happy in, then that's one of the best ways to legitimately make money.
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Hey - so I completely agree with you here, and I wish I had emphasised taking things with a grain of salt.
There are "gurus" out there that are doing things for the sole purpose of profiting off consumers, and regurgitating information that is nowhere near worth the price they place it as, only to keep you "hooked" on their next product and motivation.
Then there are gurus who give amazing advice and are kind-hearted genuine people.
I regret not making this a bigger point in the video, but I did add a disclaimer that this is from my own personal experiences and others will have different experiences to me.
As for the ads on this video, I can understand your cynicism - I'll be completely transparent in saying that I have hopes of making a business out of this channel: by creating high-quality documentary-style videos on various topics related to entrepreneurship, and life as a whole.
I spent roughtly 60 - 80 hours making this video, from scripting, researching, editing, and putting it all together.
When I profit off this video, it is at 0 cost to my audience, and my intentions are not to get you hooked to motivation, or to a bunch of products - they're simply to give you an insightful look into different aspects of business (in this case, the self-help industry).
I don't sell any courses related to "self help" - and I don't ever intend to. That's not my purpose with this channel at all .
🙏
I hope this clarifies things a little 😊
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@SJTRADESFUTURES I’m sorry, but if you can point to me a single piece of research these people have had published in a respected scientific journal, I’d love to see it.
Bruce Lipton claims that 90% of illnesses are caused by stress, and our DNA has consciousness. This is absolute lunacy. There has been 0 evidence for such a. suggestion.
Testimonials are not evidence either. They mean absolutely nothing. Testimonials can easily be manipulated, faked, or come from biased sources. Science doesn’t use testimonials to prove things, they use the scientific method.
If you’re going to go down the route of blaming the fact that these individuals are called “quacks” because big pharma doesn’t want people knowing the truth, then you have bought into their propaganda.
One of the most sickening and damaging grifts in the medicine world are those that knowingly promote alternative medicines that have not been proven to work at all, and use this conspiratorial language in their sales copy, saying “big pharma doesn’t want you to know this” because they know people like you will bite the bait.
Sorry to say but these “doctors” just have you at the top of their sales funnel, and want you to continue watching and consuming their stuff to get you to buy their “transcendental meditation” programme at the end of it all.
You’re being conned, my friend.
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Hey buddy - so I can definitely see how it can come across like that, and it was something I wanted to avoid when making this video.
To clarify, I made this video because it was the advice that I wish I was told when I fell under the whole "fake guru" spell.
Not a single "guru" taught me the basics of economics, or that a real business is about solving problems in the marketplace, or that you're paid in proportion to your perceived value in society.
My criticisms with "fake gurus" were mostly surrounding their manipulative marketing tactics. How they'll take a persons' dream of financial freedom (which there's nothing wrong with having), and use it in a predatory way to get them to purchase their overpriced courses. That's not what this video was meant to be at all. At its heart, it was intended to be advice I would have liked to have told my old-self.
There is no "make money online" product at the end of this video, and I have 0 intentions of making such a product in the future.
I have plans to make a video-editing course in the future, sure, but I would never market that course as anything but a video editing course - nor would I shove it down my audience's throat 24/7, nor would I encourage people to go into debt to buy it, nor would I price it at the ridiculous prices I've seen internet guru's pedal their courses at.
Hope that clears things up 🙏
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Hi John,
Not sure how much of the video you watched, but it's not about the education system at all, or about hating on online education.
Towards the end of the video I state that I think online education is great.
But "fake gurus" have now taken the business model of selling online courses and turned it sour.
They've used deceptive and what I personally believe to be predatory marketing in order to take a persons' dreams and have them believe that a guru's course is going to get them there - without telling them the truth: that the majority of your money is made through selling courses, not affiliate marketing...
Having personally sat through your webinar John, as well as watching your ads, you have a common habit of doing this.
There's nothing wrong with teaching people affiliate marketing through an online course, but when you start marketing it as a "lifestyle" product - showcasing it as though it has a high success rate for your students, and can give them "financial freedom", or a "laptop lifestyle" it's simply not true. The majority will not make it.
It becomes even worse when, as in your webinar, you start encouraging people that cannot afford the course to finance it. Or when you ask viewers to close their eyes during the webinar and get them to start imagining financial freedom, or their dreams coming true - it didn't sit right with me at all.
So again, nothing to do with online education, just how it's marketed.
Hope that clears things up 🙏
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@HaRv3yD3nT this isn’t “my logic” this is basic rational thought.
The reason we went from a flat earth model to a round earth one was thanks to science - it wasn’t just a fairytale to another fairytale, we actually needed to PROVE the earth was round before moving to that paradigm.
As explained in the video, what you are doing is called “motivated reasoning”. You’re starting with the conclusion you want and working backwards to find anything you can to prove that the LoA exists. This isn’t how science works.
Case in point: you’ve just used the placebo effect as evidence. I spoke to a few doctors during the research of this video specifically about the placebo effect and none of them say this has anything to do with “the law of attraction”. As a layman, I have to take their perspective because I am completely unqualified to make assertions let alone entire belief systems around something I don’t quite understand - why then, would you do the same for the LoA?
Our minds are powerful, sure. But our minds are also incredibly flawed too. We possess countless amounts of cognitive biases that serve us no useful purpose and likely lead to more damage and harm to ourselves.
And even if I were to grant you that our minds were flawless, how does this prove the LoA? Remember that the LoA’s assertion is that our thoughts and feelings are vibrating on a frequency. What frequency is that, exactly? How do we measure this frequency? And more importantly, how can we prove that this “frequency” has any impact on the material world. You can’t prove any of these things assertions as of yet, and so to make definite conclusions seems incredibly disingenuous.
My position isn’t that the LoA doesn’t exist, but rather, we cannot know at this point in time if it doesn’t or it does, and anyone who claims to have knowledge of it is either knowingly or unknowingly lying.
My position has nothing to do with critiquing someone for making money: it’s to do with HOW they make their money.
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Good questions my guy. They require fairly lengthy answers which is why I didn't expand on those points in the video. But I'll go over it briefly here:
1) What’s a good amount of capital to have?
This entirely depends on your strategy. Of course, the best answer is “as much as possible” respective of your circumstances, but that’s not entirely helpful.
With something like real estate, it’s worth researching your local market (if that’s where you plan on investing) using property portals, land registries, and contacting local agents/investors (you can find a lot of these people at networking events). Once you have an idea for how the real estate market is doing in your area, you can start calculating how much you would need to put on a deposit for a house. Once you have that number, you have a target to aim for (although you will still need quite a bit extra to cover things like stamp duty, legal fees, and miscellaneous costs that can pop up when investing in property).
2) How to build a credit score:
This one is a video in and of itself. A credit score is essentially a way of showing lenders how well you can handle money that is borrowed to you.
With that in mind, the first step is to actually start building up a line of credit with something like a credit card. Although you don’t want to overdo this, because when you open up a new credit card your credit score will decrease (lenders will assume that your demand for credit means that you are handling your finances poorly), but this is only temporarily. From there on you want to start making small payments on that card, and most importantly: PAY OFF YOUR BALANCE IN FULL, AND ALWAYS EARLY. This bit is crucial. Doing this month after month, and year after year will ensure a steady increase in your credit score, opening you up to lower interest rates and a likelier chance of getting loans from banks and other lenders. The younger you start doing this the better, because your credit score factors in your credit history – which is how long you’ve actually had credit available to you, and the longer your credit history, the more favourably you are looked upon (assuming you’ve been paying off your balance in full, and on time).
Again, this is incredibly oversimplified, but it’s a step in the right direction. Hope this helps a bit brother 🙏
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Hey man,
Thank you for taking the time to drop a comment - I genuinely appreciate the criticism/feedback! ☺️
Whilst this video was certainly inspired by MJ’s books, I think it’s harsh to assess the entire channel’s content as a “book summary” channel.
I definitely think I could have added more insight and depth to this video with regards to the topic of money & wealth - but for fear of making the video drag along for far too long, and losing its entertainment value, I condensed the information into what I hoped would be some of the best points. Whilst it may not have been insightful to you, it would have definitely helped the Me of two years ago that was never told by a single guru how the market operates, and where money stems from exactly.
MJ’s books had a very huge impact on me, and this video was a love letter to his works. But I completely understand where you’re coming from with regards to providing more insight, and it’s something I’ll try work on for future videos.
As for “following the same trope”, “playing the same game”, and “being not that much different from ‘fake gurus’” - I would strongly disagree. My grievances with these industries are their habits of turning customers into never-ending consumers. They will market their courses and books in a dishonest and predatory way. Their products are designed to get customers hooked on buying more from them for all the wrong reasons (i.e chasing the next fad, or chasing motivation).
There is no hard sell at the end of my videos, and there never will be.
I will never market anything in the same fashion that “fake gurus” do - if I were to create a course, it would be marketed exactly as that, not a “lifestyle” product, or overpromising results of any kind, or manipulating someone’s dreams/desires in a cunning way to make them feel as though buying that course is the only way forward.
This channel is about creating entertaining documentary-style videos surrounding the topics of business, and life as a whole. The editing of the videos, combined with my narration are what I hope to be the USP’s of the channel. And whilst I hope viewers watch more of my content, I want it to be for the right reasons: being that they genuinely find the videos entertaining, interesting, and hopefully a little insightful. Not that they’re chasing motivation, the next fad, or that the videos give them an artificial sense of progress.
Its still early days for the channel - but I hope that I can show you with future content that this channel really isn’t anything like how you described!!
Hope that clears things up a little 🙏
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Hey!
Rich Dad Poor Dad (when I first read it) was amazing. It felt incredibly eye opening...
And then I looked into Kiyosaki, his background, and the validity of his character.
Kiyosaki made the large majority of his money by selling books, programs, seminars, etc, NOT from real estate. Even worse is the fact that there is no “rich dad”. it’s a fictitious story.
Not only that, but his companies have a history of unethical sales practices, etc etc
MJ Demarco’s books (Millionaire Fastlane, Unscripted) were what Rich Dad Poor Dad SHOULD have been, if Kiyosaki was an ethical businessman and was honest about how he earned his money.
I definitely think Rich Dad Poor Dad has value. But compared to MJ’s stuff: 0 competition.
Hope that helps! 🙏
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Hey Gregory, I completely understand your criticisms and I was actually worried about this when making the video, so allow me to clarify:
I have nothing wrong with people wanting to become financially free, or wanting to make a lot of money - these are both goals of my own. My contingency with "fake gurus" has to do with the way they market their products and take those dreams of “financial independence” and make you believe that their dropshipping course is the answer.
That wasn’t meant to be the purpose of this video at all.
Whilst I was consuming content from these “fake guru’s”, I started reading MJ Demarco’s books – and they completely changed the way I viewed entrepreneurship, money, and life as a whole, making me realise that I was thinking about it all the wrong way.
It was a breath of fresh air – and it broke me out of the “spell” I was under, so to speak.
The reason his books were so powerful to me, were because they provided an actual logical equation to wealth. They looked at genuine economics, and core values that an entrepreneur should have (i.e searching for problems, and finding solutions).
This video was meant to be something that I wished I could have shown myself a year ago when I was chasing money and “make money online” courses, as well as being a love letter to MJ’s works.
There is no sales funnel at the end of this video for a “make money online” course, or the next business fad – and there never will be.
It was meant to provide people with a genuine equation to wealth - if that’s what they desire.
And I completely understand where you’re coming from in regards to sounding like a “life coach”, but this is why I wanted to emphasise that the video was heavily inspired by MJ Demarco’s wisdom, and not just my own. Furthermore, the video aimed to look at an equation – something that was mathematical and couldn’t be disputed no matter who was giving the advice.
I can assure you that I’m not trying to run some sort of fake guru channel in disguise 😂 (I think this will become clear with future content).
The channel’s purpose has always been to provide entertaining documentary-style videos relating to business, finance and life in general.
Hope that clears things up a little!
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Hey,
Fist of all, thank you so much for the kind words!! 🙏
So, initially when reading Rich Dad Poor Dad, I was amazed (bear in mind it was one of the first business/entrepreneurship books I’d been exposed to).
But later down the line I noticed some flaws, no necessarily with the knowledge passed in the books - but to do with Kiyosaki’s presentation of his success.
Kiyosaki made most of his money from courses, seminars, books, etc... NOT from real estate.
And yet he barely touches on this huge fact.
For me, MJ Demarco’s books are the 10x better version of Kiyosaki’s Rich Dad Poor Dad (and I’m not paid a single penny for promoting his stuff, so I genuinely mean it). MJ discusses the actual equation to which he built his wealth (which I touched on briefly in the video) and covers so much more practical business advice that it just changed everything for me. MJ is the real deal, whereas Kiyosaki’s book was halfway there, but never truly shedding the light on what goes on behind the scenes.
So yeah, hope that answers your question 🙏
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I understand where you're coming from. Although I'm not too sure if you're referring to the video itself or the industry of self-help being an exercise in futility - but regardless, you do bring up a good point.
Survivorship bias can be very problematic, although I think it's interesting that you brought up MJ DeMarco as an example since he himself talks a lot about survivorship bias in both his books (especially Unscripted).
But what he highlights, and it's something that I completely agree with, is people have a tendency to look at an individual story and not the overall equation. MJ's books appealed to me especially for this reason. It isn't about an individual story, or a particular business model - it's about understanding the very equation by which his wealth was created.
If you solve a problem in the market, money will follow (granted, as long as you do enough of a job to get it in-front of the eyes of the market in the first place). This isn't an equation solely based on luck. He also mentions the important factor of micro and macro processes that increase the odds of success - whereas many people focus on the "event" (the liquidation of a company) and not the actual processes that led up to it.
MJ sold his internet company during the dot com boom for millions – yes, this could be considered a sheer stroke of luck. But then to buy the company after the bust, build it up again, and then re-sell it at an even higher price puts the blanket statement of this being “luck” into question, not to mention his future success with his books and forum.
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Hey Bogdan,
I really appreciate the criticism!
There were definitely a few things with the script that I wish I could have changed in hindsight. Firstly, I was hesitant with using billionaires as examples - because it's not necessarily about becoming a billionaire, it's about earning enough so that you never have to worry about money, that can be anything from 300k in savings, to millions. And I think romanticising billionaires like they're not human beings is a problem, and I was guilty of doing that in this video for sure.
As for the dramatisation of the videos - fair play. I want it to be a part of what makes the channel's content stand out, and I want my videos to have a cinematic feel to it, like watching a movie with its own narrative (acting was always my strength in the past, and this for me is was my way of using that strength as a USP for the channel). If people wanted something a little more laid back, there’s plenty of awesome channels out there (Graham Stephan, Meet Kevin, Alex Becker, etc) – but if I tried to be that, then I’m sure that I wouldn’t have stood out because there’s so many more doing the same.
But I completely hear what you’re saying – maybe it does need to be toned down a little bit. If it’s a constant criticism that I get with each video, then I’ll know for sure that my audience is being put off by it.
In terms of being real, and “showing off my true personality” – those things are very important to me and the channel as a whole. It sucks to hear that maybe it isn’t translating well enough. Granted, when I make these videos, I am in a heightened state, but that’s due to the nature of the style of the videos on the channel. I am considering in the future, making a sperate channel that is exactly as you said: just chilled out, talking about these topics without all the glamour. Again: that style obviously has an appeal, but I just don’t think starting off like that would allow me to stand out enough.
With that being said, I really am grateful for the honest feedback, Bogdan! I’ve made a mental note of it now, and I’m going to be taking a closer look at future videos with that in mind.
Much appreciated – and yeah, things are really weird in the UK right now. Just trying to stay safe as much as possible. Guess the silver lining is I have all the time in the world to work on this channel right now. Hope things are all good on your side as well!
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Hey buddy,
So this is actually a common "myth" that people encounter when trying to start a business. The myth being that you have to come up with something that totally innovates, or is completely new. That's not true at all!
Take my YouTube channel as an example (which I like to run as a business). The entrepreneurship niche is nothing new, there are countless business/entrepreneurship/personal finance channels out there, but what I noticed was that there weren't many who created these sorts of documentary/cinematic style videos, I also noticed that there were a ton of "fake guru's" and people who I thought gave out bad advice. With those two factors into account, I tried to bring a more genuine voice to the niche, whilst also bringing my dramatic documentary-style editing to the scene.
All I did was take certain aspects that I felt were missing, or weren't being executed well enough.
This might mean that someone has the same app/software as you, but the UI is terrible, or its functionality is bad, or they have a terrible support sytem, etc etc (these are all things you can then improve upon and create the exact same app/software but solving these initial problems!)
Hope that helps 🙏
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