What tips do you have for early entrepreneurs, Colin?
Let's see, a few things.
Number one, get involved in areas where you have interest.
I don't think it has to necessarily be a passion,
but definitely you need to have interest in the areas that you're pursuing.
One of the things you want to balance out as well is
whatever your vision is and what you want to build.
If you're going into a completely blue ocean
where you really don't have competitors
and you're creating something that almost feels kind of net new, if you will,
your risks and the potential for failure drastically increase.
So, you know, starting a business in more of a red ocean
where you know people need what you have,
it's much easier to stand up a business.
And I don't want to try and persuade people from chasing their dreams,
but at the same time just know that starting a business in kind of a net new area
is really, really difficult.
And I know that from experience.
Most of the businesses that we've started and failed have been
where we've tried bringing something kind of brand new to the market.
And that's just really, really hard to do.
The biggest piece of advice is just get started.
Start, you know, building what you have.
If what you want to create is some kind of a product,
you know, can you start selling that as a service?
Can you start generating revenue?
Can you start creating relationships with prospects and, you know,
early customers before you even have a product?
So, you know, starting a service-based business is a great way to kind of
introduce yourself and your business model to the world.