Starting a business is almost never about starting a business. Starting a business is about fulfilling a societal needs that you have the interest and resources such as capital and skills to fulfill. Without understanding this concept, your business will likely not be very optimal and sustainable in the long-run. Put it this way, let other people DEI you or harbor guilts about what their ancestor may have done to your ancestor when you know it was your ancestor’s incompetence and your ancestor’s neighbors and peers who actually in the long-run gave your ancestor a much better life than the current descendants of your ancestor’s neighbors and peers could ever have while continuing to perpetuate you are the victim when there are model minorities who had worse than you who do better than you and the person who harbor the guilt. This is not about DEI or MEI, this about how you internalize an internal ledger that knows what you are truly worth and build upon that and work the system in a legally compliant manner and in accordance with the current social contract schema in the West.
Whether you use the RAAALTE method or not and regardless whether you WAFRL or AAFRL in life, you do whatever you have to do in a legally compliant manner to ensure your own success. Don’t let the manifestation of victimhood of any kind that were created to fulfill a need just like why most business are created (to fulfill a societal need) fool you for you to think you actually belong or deserve to sit on a pedestal. As a global top ten-er backgrounded individual, I have seen how this all end up not working well and studied history and know despite the rules humans places the political correct filter on chat bots or clauses on the social contract, 50 years from now the same demographic group may even be in a worse place. The cynical might say hey, that time period is nothing compared to the people in those middle places with a large amount of liquid resources with the resource curse. Business valuation is knowing what it is worse to everyone and knowing what it is worth it to you net of everything in the long-run. Certain things you can acquire but may not be able to hold on to for very realistic reasons. When you start a business, do what you actually can do that you love doing and have more advantages than the rest.
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How to start a business the right way.
To succeed when other people fails, frequently requires knowing thyself and others very well. In the West where there are high moral social contract rules in addition to legal compliance requirements, to set one apart one must learn how to dissect the fluff to pierce through the BS that runs consumerism that ultimately feed the economy. To do so, it is important to understand there are many who will try to use time pressure tactics to legally and social contractually press, aka rim protection, you doing something you don’t want to do (affect your decision for choosing the optimal desired shot) and making it sound like you just made a voluntary decision due to your own competence (poor shot selection). Due to privacy laws and democratic ideas, stone cold calculations of actual MEI competency of a person is not being done to determine the person’s true societal contribution value (SCV, akin to the contribution margin in business, kind of like WAR in baseball or RAAALTE in TPC world). The dark side of this is almost everyone in this whole chain of oppressed and oppressors are basically predetermined before the game even started based on certain set of attributes that are already weight-averaged into a “rating” score to determine the value or worth of someone and whether that someone will receive the necessary support and resources needed to live a good life or even survive kind of like what happened in the Hungry Games.
I think the bottomline is, when you are already at the top of your game and your game is not being recognized, then you probably are not being seen by those who knows the game. This is precisely why I personally believe continuing to improve yourself and know where you should make improvements is probably the wisest decision one could make. You want to expand your market for everyone to see your greatness when it is optimal to do so. Hence when you already are GOAT your greatness is felt everywhere and it transcends beyond everything. Game recognizes game. The right person with the right skills and resources could turn sand into gold or whatever is equivalent or more valuable than gold. To do that, given there could be an infinite amount of variables that could occur in real life, one should have the best general skills with strategic and tactical key transferable skills that can learn and adapt to any situation in a timely and relevant manner. That is exactly why even a supposed underwater basket waving degree from a certain university in Massachusetts may allow one to work in the best investment banks or wherever one may choose to bring his or her talents to. Let us recap. Regardless of your background, if you are being fetished as a group of people who needs a savior of some sort or is being fetished as a victim who needs support due to historical reasons and for the needs of certain other group(s) for whatever ulterior motives or lack of them, use that to your advantage in a legally and social/morally compliant way but don’t actually believe that BS. These people will likely be the first or one of the first to bail on you as soon as the alliance is broken or they have achieved obtained needs and you and your people will likely continue to struggle half century after half century until they push you into the ocean through completely legal, economic methods. At that time what they claim you and your people have suffered might come true and you might be ready, softened up and submissive enough for them to harvest you in every possible, metaphorical and literal way. This is an important lesson in starting a business. You have to vicarious think like you are the lowest denominator, most disadvantaged so you can prepare well when you will actually be squeezed. The key here is to remember you have no leverage. Whatever rights you think you have is only enforceable if you have the means and ability to do so. If you don’t, there will be people and entities that will likely exploit your weaknesses. Hence, when you start a business or any kind of endeavor, initially stick with what you have the absolute advantage in. Don’t worry about all the fragmental noises. No one cares more about your best interest, most of the time, more than you do. For your endeavor to sustain, you need to ensure it actually fulfill the long-term need of society and then you can expand your offering to satisfy that need eventually if you are able to. Your endeavor’s worth should be calculated based on the value-added services you can provide to each chain of the process and ultimately to the end-user.
You can only do this in the long-term if you are motivated and have easy access to resources to do so especially when the first few years may yield little results to your benefit and that’s when many people quit such endeavors. Most businesses start with an idea that fulfill a need after observing some type of inefficiency or a lack of fulfillment of a need. And most businesses started with one person, the initiator, who may quickly or slowly being other people on board to join forces with them on acting in the idea. Therefore due to limited resources, whatever need you decide to fulfill has to be one that you have an absolute or at least a strong comparative advantage in which will boost the success rate during the most difficult and critical few years at the start. Obviously scaling is another stage that will be difficult to transition into but hopefully you thought about that beforehand and created the infrastructure to easily scale eventually. If you have to spend any significant amount of money to start an endeavor, let’s say more than $1,000 USD in cash or cash equivalent funding, it most likely mean you probably shouldn’t start the endeavor because you will have less than a 99.99% chance of success in the long-run. The most successful legally and social/morally compliant endeavors in my opinion are the ones that requires you to spend nothing to start because you already have everything you need to start it. Of course scaling will take some money and getting the government documents might also take some money but shouldn’t be cost prohibitive in my mind at least not in the Democratic West. If you have to rely on a middle/go between person/entity at any given point, I feel like the business probably is not successful because being successful means whatever you produce should be desired by the market as is. That is the power of an absolute or a strong comparative advantage. Obviously, to get to that point of having such powers, it might take you years of hard work and dedication to get there by learning you you felt was absolutely irrelevant to anything of anything. But hey, who said being successful was easy. Then again, if you became a GOAT which frequently is transferable and transcending, you probably can do anything that is legally, moral/socially compliant that you want. One other thing you probably will never be verifiably be told is the road to success starting an endeavor is to not hire any one. You can still obtain services randomly but you don’t need to have anyone working for you. Once you scale big enough, you can sell that endeavor and passively invest into publicly listed companies until you have saved enough and at the right moment take an influential stake in the said company. At that point, you just created generational wealth. Once again, this is why you need to be at GOAT level to either already substantially know everything or have the transferable knowledge to readily learn everything. The best businesses now are the ones that avoid human-beings all together from the hiring side.