Hi Everyone,Today is the beginning of a new series of articles on what to do in order to start your own bot. I'm going to talk about all the aspects and decisions you need to make regarding your bot before you even get started with purchasing a card collection or a bot license.
The first thing I want to talk about is the very first thing you need to do before you do ANYTHING else. Take some time and decide what are your goals. Determining goals is the very first step when deciding what you want to do with your bot business.
Even though I just the first step is setting goals, I need to reiterate, the first step is not buying a collection, or buying tickets, or anything else. Set your goals.
One thing about setting goals that's important and most people miss. When setting goals, do not concern yourself with anything other than what the goal is. The biggest mistake I see is setting goals that are really a vision of how the company will operate (the method to get to the goal), not actual outcomes.
There are a few elements to make sure you have good goals. The first is make sure they are realistic. I'm not going to say my goal is to make $1 billion after 12 months of bot operating on MTGO because it is not a realistic goal for a MTGO bot business.
The second is make sure it's measurable. Choose a goal based on percentage or ticket value growth over a specified time period. A good example is to make 4% per month.
Those are the two most important elements after making sure the goal is measured in results rather than by the method used to reach the goal.
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