Hello everyone!
I recently attended an AI Baithak session at Innovesta Islamabad with Irfan Malik and Hisham. It was an interactive discussion session—absolutely enlightening! As an entrepreneur, I learned invaluable lessons and wanted to share my key takeaways.
1. Focus on YOUR Journey
"Don't worry about others, focus on your own work."
Stop comparing yourself with others on LinkedIn. Your journey is unique. Focus on building yourself, your skills, and your business. Consistency beats comparison.
2. Understand Your Team
Not all team members are the same. Understand what drives each person:
- Leadership-driven: Want to become tech leaders
- Job-focused: Looking for financial stability
- Skills development: Want to improve capabilities
- Security-conscious: Concerned about job security
Treat each team member differently based on their motivations.
3. Strategic Hiring
Before hiring any resource, ensure you have:
- Business analysis of the client
- Strong backup plan if they quit suddenly
- Domain knowledge of their field
Don't hire just because you got a project. Hire strategically.
4. Winning on Upwork
Always bid with a SOLUTION to the problem:
- Show the solution, not just skills
- Include portfolio links of similar work
- Keep it focused with no extra details
- Make your portfolio strong enough that clients trust you immediately
5. AI as Your Personal Mentor
Feed your AI assistant your daily journal and ideas regularly. Over time, it becomes your expert teacher, helping you:
- Validate business ideas
- Create tailored business plans
- Generate strategies for your situation
6. Four Pillars of a Successful Software House
First Pillar: Invest in your skills—be technically competentSecond Pillar: Reinvest revenue back into the companyThird Pillar: Build a product for passive incomeFourth Pillar: Hire a competent team only after the first three are solid
Immense gratitude to Irfan Malik and Hisham for these invaluable insights. Wishing success to all entrepreneurs!
What's your biggest challenge as an entrepreneur? Let's discuss in the comments.
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