Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy Podcast, talks about the method of idea extraction from Dane Maxwell, a serial entrepreneur who has taken ideas and grown them into 7-figure companies. Jason explains how this method works for forming a business idea and then developing the needed skills to be a financially successful entrepreneur. He also shares future changes coming to the podcast.
EPISODE HIGHLIGHTS:
- Among today's entrepreneurs, there are more young billionaires than ever before.
- Jason highlights idea extraction, a business approach he learned about after reading Dane Maxwell's book, Start from Zero: Build your own Business and Experience True Freedom.
- When it comes to launching a startup, sometimes people focus only on their technical skill. As a result, they run their business poorly.
- Jason explains the four components of idea extraction: what is the problem, what is the solution, what happens if the problem isn't solved and how much are consumers willing to pay to solve the problem.
- In order to learn about the problems consumers are facing, ask questions on social media, or call them.
- You do not have to be the expert on the solution. You can export the expertise.
- Be patient, persistent and enjoy the process because most businesses don't see a big win the first time around.
- The show will take a hiatus from new guest interviews due to Jason's current deployment. They will become seasonal and pick back up in the fall.
- Jason asks his listeners for feedback for their preference for a second show to compliment Tactical Tuesdays, which will continue to run. Options include a cliff notes version of previous guest interviews or a Q&A with listeners posting questions on Jason's social media channels.
3 KEY POINTS:
- Millionaires are being made faster and easier than ever before in history.
- Find problems that need to be solved using social media and calling businesses. Use the idea extraction method to get at their pain points.
- The two skills you need to become a successful entrepreneur are the ability to spot problems you can solve and hire experts if you don't have the solution skillset.
TWEETABLE QUOTES::
- "You don't actually have to use (the skills) you went to school for to become an entrepreneur in the healthcare field. There are so many different options." – Jason A. Duprat
- "You can hire out experts to create the solution and create the mechanism. You don't have to look at your skillset as the only mechanism to create a business." – Jason A. Duprat
- "Start by finding a consumer that has a problem. That is the basis of business generation. You are solving problems. You are solving pains." – Jason A. Duprat
RESOURCES MENTIONED:
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