2024 Personal Growth and Business Planning Prompt

4. What are 4 areas you need to get stronger at? This is the time of the 2024 planning session where you need to be extra honest with yourself. Think about your 2023 your experiences and challenges. Where do you feel you struggled? Where could you have performed better? Basically, what areas can you get stronger at? You know your goals. So write out what needs to succeed in order to get hit your audacious goals. Maybe it's: - Sell $1M worth of product --> so you need to get stronger at building internet audiences - Raise $5M of VC --> so you need to get stronger at pitching VCs - Build an AI startup --> so you need to get stronger at understanding LLMs - etc etc This is where you invest in yourself. I think of it like you're in continuing-education, building your real-world MBA that'll actually pay you back in spades. System for you: - Pick 1 main thing to learn in 2024, and 1 new thing to learn each quarter - 30+ minutes of learning everyday for main, 10+ minutes for your quarterly learning goal 5. What business can I buy? So this might not be for everyone, but it's a worthwhile prompt for your new year Three truths: #1 - It’s easier to buy a business than to build a business. #2 - It’s never been easiest buy a business with platforms like Acquire and QuietLight​ #3 - You don't need $1M to buy a business. It's less than you think You can get creative with financing with seller financing, roll over equity (ie: giving equity in your new entity) etc. But first, finding an exceptional asset in 2024 that drives lots of income is the goal. System for you: - New 2024 mindset: you can buy a business even if you have $5000 in your bank account - Make a target list of business you want to buy in 2024 and why - Develop relationships with 2-3 founders per month and let them know you buy businesses - Start small. You can always do bigger deals once your training wheels are off - Aim to buy 1 business in 2024 Ok you're doing great and have 3 more questions to answer Next question in the next tweet (keep going):