On this episode of The Formula, Trevor Carlson speaks with Derek Balsley about how starting a business with his wife, Jessica, in an industry he knew very little about turned out to become one of the most rewarding things he has ever done.
Trevor and Derek discuss:
-Best tip for starting your own business
-Where to start… product or customer?
-Working within an established business… is it good idea?
-It all started with a blog
-Facing your doubt
-Advice for monetizing your content
-Ideas for validation
-What is business execution?
-When does it become real?
-Importance of a co-founder
-The future of online education
-The importance of a good work-life balance
-Money… is it really that important?
-Running a startup in small town Iowa
-Why you should always be open to trying new things
-The importance of people
-Why you should not start a business
-Daily schedule explained