Please forward this to ONE friend today and tell them to subscribe here.In part 5 of Mina’s entrepreneurship playbook, we’re talking systems.
As a newcomer you likely don’t have an unlimited runway. Heck, no one really does. You also have bills, a family to fend for more often than not, thin social capital, and limited access to credit.
Getting your business processes and systems right is crucial.
Mina and I chat about:
The six-month runway rule and why forecasting is everything
Why taxes are the hidden surprise that hits newcomers hardest
The tool stack that powers Grants Ease AI
Why flat structures are a myth and what to do instead
Dozie’s Notes
A few things that stuck with me as I listened through our conversation:
Taxes will surprise you. This is under-talked about in the newcomer community. You’ll hit revenue, feel good about it, then get a tax bill that wipes out your margin. Build it into your forecast from day one. Know your variable costs, your fixed costs, and what you’ll owe the taxman.
The longer you stay in the game, the luckier you get. Timing matters. But you can’t get lucky if you’ve already run out of runway. Build systems that let you survive long enough to find product-market fit.
Six months of runway is a comfortable breathing room. Before you launch, you need direct line of sight to your first customers. Not vague ideas. Names. People you can approach with 70% certainty they’ll buy. If you don’t have that, rethink your plan before you burn through savings.
Official Links
✅ Connect with Mina Demian on LinkedIn
✅ Check out Grants-Ease AI
One Ask
If you found this conversation helpful, please forward or share it to one immigrant entrepreneur out there.
