Derek did not know anything about programming and he did not know how to start and run a business.
He also did not have enough money. He just started with $500 and eventually sold his business CDBaby for $19+ million.
Let us check out, how he did it.
What you could learn from this episode:
- How he started because he had a personal frustration and there were no solutions out there.
- How he turned rejections and channeled it to create his business.
- He was not a techie but how did he build a website
- Why he kept continuing, even after several months,he was earning a pathetic amount.
- What kept him moving forward in-spite of all the hard-work and no money.
- How he figured out the pricing for his service.
- What Target market he stuck to and why he stuck
- Why his business reflects his own personality.
Resources mentioned in this episode:
Anything You Want: 40 Lessons for a New Kind of Entrepreneur – A book by Derek sivers, founder of CDbaby.
