Your golden advice for new solopreneurs?

Your time is your most valuable but scarcest asset. So: - don't give your time away for free - spend it on the right things - get your product(s) out there fast, no polishing. It is a waste to spend it on products that don't adress a real pain point.

Before each new feature release, clarify what feedback you want to gather through this release.

There is *always* another way. Another potential customer. Another (simpler/more feasible) feature. Another partner. Another investor. If you ever feel like you only have one shot, check that mindset and ask 'what's another way?' 😊

Trying to solve the existing problems of GPT-4 is not a good strategy for your startup. GPT-5 will likely overcome most of these challenges. Your startups should focus on improving their context-awareness rather than their behavior. Using techniques like RAG to access external knowledge can help them more than adjusting their parameters.

There is no golden rule or magical advice imo. Everyone is different and every business has unique challenges. I would say be very careful with debt. Make sure you build a really solid foundation at the start, even if it means growing slower in the beginnings. Never stop learning and focus your learning towards your business/situation. Going with that, find smarter people than you and befriend them and ask them for advice. Failure will happen but you have to be a persistent and consistent person to be successful. Don't overcomplicate things, business is pretty simple but we tend to complicate it ourselves.

Mental Health >>>

Before the how, define your purpose and passion. It's your guiding light when things get tough.

Stay focused, prioritize tasks, embrace adaptability, and consistently provide value to your customers.

Begin with something you are passionate about. Your enthusiasm will be a key driver during challenging times.

Time is your currency.

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Don't be afraid to spend money on ads for market research. Even an ad campaign failing can provide invaluable insights.

For service businesses: Payment up front. For general business: The only ship that doesn't float is a Partnership. I've seen & personally had too many bad experiences and monetary losses with partnerships. Nobody cares about your business more than you do!

One golden piece of advice for new solopreneurs would be to prioritize self-care and balance right from the start. It's easy to get caught up in the hustle and grind, but taking care of your physical and mental well-being is crucial for long-term success.

Start small, but start now. Overthinking can be a productivity killer.

For tech founders: don't just focus on building. Think about distribution/marketing as early as possible. Don't get crickets on your launch day!

interested in peoples answers here for content based businesses?

Congratulations on taking the leap into entrepreneurship. One piece of advice I wish I knew before starting is to prioritize self-care and set boundaries. It's easy to get caught up in the hustle, but taking care of yourself is crucial for long-term success. Make time for rest, relaxation, and activities you enjoy outside of work.