A tougher few weeks, differences between businesses and the Cold Hard Truth

Hey folks, Josh here with another solopreneur blog post and update. Let’s jump in:

My last week(s) in business

Oh man, what a few weeks it’s been. In my last few updates I was talking about doing a fundraise for my immigration tech company, Visto, and my intrigue around how the tech world works (in terms of investors, etc.).

Especially coming from a more “traditional” solopreneur business in the services industry, it’s definitely been a ride – and big learning experience.

In full transparency (at the very least, I always try to be completely honest in these updates), the fundraise hasn’t gone well so far. In business, and especially when fundraising, you expect to get a lot of no’s from people. But that doesn’t mean you don’t feel them, at least a little bit.

Putting everything you’ve got into a business is one thing – and it’s something you sign up for as an entrepreneur. But it’s never fun when you get told by a lot of investors that you’re too early, they’re not interested, etc. etc.

It’s part of the journey, it’s to be expected… but it still sucks. And of course, I’ll keep you posted on how it ends up going.

What I’m thinking about

Now more than ever, in the midst of trying to fundraise for a tech company, do the differences between tech and non-tech businesses shine the brightest.

Having experienced 2 different kinds of businesses now (service-based solopreneur business and tech startup), it’s pretty surprising how different they are. You’d think that if you could build a relatively successful solopreneur business of 1 kind, it would translate easily over to another (going from service to tech, or to e-commerce, or to product, etc.).

And while there is a lot of overlap and transferable skills, I’m definitely surprised at how different they can be. This might be a blog post in-and-of-itself, but the approach to take with tech is fairly different from what I was used to do as an immigration lawyer… even though both companies target the same audience.

But I digress… It’s definitely possible to go from one to another, and there is a lot to learn from doing both, and it’s always good to face new challenges too – which keeps things extremely interesting.

What I’m Reading

Finished up 2 books from the last 2 weeks. First was “Cold Hard Truth”, an autobiography by Kevin O’Leary. You may have heard of him from Sharks Tank or Dragon’s Den, and you may like him or not.

But I really, really liked his book. I thought it was the perfect mix of story-telling and also informative, in terms of making his key lessons learned and suggestions clear. Highly recommended for any entrepreneur.

Second, I finished reading The Name of the Wind by Patrick Rothfuss. Won’t go into much detail as it’s a fiction/fantasy novel and I don’t think that’s the main reason most of you read these updates, but it was a great read nonetheless. Already about 1/4 through the 2nd book in the series!

That’s it for me, have a great week and keep grinding.

Leave a Comment

Your email address will not be published.

Follow along on my business journey

Get my daily email for business tips, stories from my day-to-day, motivation and more!