Summary of لا تبدأ مشروعك قبل أن تسأل نفسك هذه الأسئلة 🔥 جلسة ارشاد شخصي لكل مؤسس مشروع جديد مع ثابت حجازي
Summary of Financial Strategies, Market Analyses, and Business Trends:
The video is a personal guidance session by Thabet Hegazy aimed at new project founders, focusing on self-assessment before starting a business. The core methodology is a question-based training approach designed to evaluate readiness for Entrepreneurship, emphasizing practical and psychological preparedness rather than mere motivation.
Main Financial and Business Strategies Presented:
- Leveraging Experience: The value of prior professional experience is highlighted as a critical asset for starting a project. Experience should be seen as a resource for consulting, freelancing, or launching a business rather than just job security.
- Risk Management and Failure Tolerance: Entrepreneurs must be ready to face failures, financial instability, and setbacks, which are inevitable in business.
- Team Building and Management: Success in projects requires the ability to build and manage a work team. Freelancing alone is limited in scale and financial freedom.
- Networking and Relationship Building: Building strong professional relationships with clients, suppliers, and partners is essential for business growth.
- Time Commitment: Founders must be prepared to dedicate long hours (12-18 hours per day) especially in the founding phase, to handle challenges like product-market fit, customer communication, and operational setup.
- Self-Confidence and Resilience: Entrepreneurs need confidence to withstand criticism, doubts, and societal pressures.
- Financial Planning and Funding: Readiness to raise funding (loans, investors, Venture Capital) and manage financial resources prudently is crucial.
- Profit Postponement: Willingness to postpone profits for 1-2 years to reinvest in the project is an important mindset.
- Opportunity Recognition: Entrepreneurs should seize existing opportunities promptly as they are rare and valuable.
- Partnerships: Having a suitable business partner can accelerate growth and share responsibilities.
- Talent Utilization: Identifying and leveraging one’s clear talents or strengths can significantly enhance the chance of success.
- Investment vs. Entrepreneurship: If one is already an investor with financial freedom, starting a business may not be advisable due to the operational burdens involved.
Step-by-Step Self-Assessment Methodology (Based on 13 Key Questions):
- Do you have experience in a specific field?
Value your experience as a foundation for your project. - Are you prepared to bear failures and financial instability?
Understand that setbacks are part of business. - Are you ready to build and manage a work team?
Solo freelancing is limited; team management skills are essential. - Are you ready to build relationships and network?
Openness and relationship-building are vital for project success. - Are you ready to commit 12-18 hours daily during the founding phase?
Founding a project demands intense time and effort. - Do you have enough self-confidence to face criticism and doubts?
Mental resilience is necessary to continue despite negativity. - Can you take unpaid leave from your job for about a year to focus on your project?
This reduces risk and allows full dedication. - Do you have a strong desire to increase your financial income?
Real ambition is a key driver for enduring the startup hardships. - Are you ready to put effort into raising funding if needed?
Fundraising requires preparation, pitching, and persistence. - Are you willing to postpone profits for 1-2 years?
Patience is required to reinvest and grow the business. - Do you currently see a real opportunity to start your project?
Seize opportunities when they arise; don’t delay unnecessarily. - Do you have a partner who can add value to your project?
A good partner can accelerate growth and share burdens. - Are you currently an investor?
If yes, focus on investment rather than starting a business.
Key Business Trends and Insights:
- The importance of practical readiness over mere enthusiasm.
- The rarity and value of genuine opportunities and partners.
- The distinction between freelancing and Entrepreneurship.
- The necessity of long working hours and high commitment in the startup phase.
- The psychological and financial realities of Entrepreneurship.
Presenter:
Thabet Hegazy (ثابت حجازي)
Notable Quotes
— 09:37 — « As Robert Greene says in his main law, do not build castles around yourself, because isolation is dangerous. We are in an age where isolation has become, or the castle has become restrictive for you. »
— 19:10 — « You say to me yes I have a desire to increase it, you are not ready to wake up early, you are not ready to work 12 hours a day, you are not ready to make an effort, you are sitting laughing at yourself so don’t waste time with me time with yourself you don’t want to bring money that’s it. »
— 21:14 — « If there is a saying that says if opportunity knocks on your door, open the door for it. No, it is not enough to open the door for it. Today, if opportunity knocks on my door, I will open the door for it and invite it to spend the night. There is no talk. I will not let it go from me. »
— 23:38 — « I don’t share courtesy, that is, okay, I don’t share with my brother because he is my brother only, I don’t share with him if he really adds value to me and I add value to him, so when you avoid courtesies in partnerships, it represents a great opportunity for you. »
— 26:06 — « If you are working in investment, my brother, develop yourself in investment. Investment is the same, the highest degree of financial profit. Develop yourself in investment and devote yourself to investment. »
Category
Business and Finance