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4:20GST, company setup, loans — real talk once revenue is regular. Double down on what already sells. Clones prove demand; you still win by shipping more buy buttons.
Transcript
20 lakh you should get a GST I was like okay if you're getting a GST you should get registered company for long term and this and that I was like okay like you'll get a register so we have been registered for four years not at all issue like if you're getting revenue on a regular basis bank will love to give you loan like I mean I have taken this personal and company both kind of loans not a issue essentially okay I haven't gone outside that was it yeah now my question is yeah very recently what I started doing is yeah Twitter is very simple it's not a very difficult product so like in this kind of environment what do we do so there is this guy I'm forgetting his name he does the YouTube documenting like he'll share videos of here's what I'm doing here's what I have a good amount of subscribers and stuff people started copying his apps because he was exactly sharing this is what I'm doing in my app my app is making money people are like it's a so his he recently made a video about this and what he shared was that major of the copycats don't survive that's number one number two is even if someone builds something similar right and if they're not spending the time on distribution first of all clone will always be one step before you they'll never be ahead of you and if someone comes in who is like able to just make the same thing market is way too big I mean like I feel we kind of sometimes restricts ourselves you know the world is so huge there's so much money there's so much things now that world is not a place where only one person wins right this is at money you it's not like a class where only one person will get the first round everyone a lot of people can be so even if that guy clones it and he starts making money you can do it's more of a proof only like he'll actually end up educating a lot of people who you can just come in and be like I'm I'm good at this and when that customer is comparing they might prefer you he is spending their time educating so the point is very simple first never get worried about people are there copy meaning is basically other product exists exactly to mine which happens with me also like and it it is a good thing because my first product I was trying to build a new thing which doesn't exist and what happens is when you try to build something new you have to educate the market right it's always better to build something which is already working so if someone is copying you that's a good proof that they are and if they get attraction you just follow the same thing how they are distributing you do that so never worry about it the world is way too huge he's he's betting on you he's spending his time he's spending his efforts K dude I think this product has a potential so that's more of like someone spent his time rather than just visiting the side he was like I'm gonna build the same thing it's a good thing I feel quite honestly to present whatever he has done very few people does that I think when I was actually asking him to like come and speak and one thing definitely was he be very honest about what about in one big world and talk about what he had told me in the one-to-one conversation I had already