Whether you're a seasoned entrepreneur or just starting out, who better to get business advice from than our very own members? We asked a few of you for some of the most valuable lessons you wish you knew before you started business and were impressed with the responses:
If you read that and thought “Aren’t those the same thing?”, you’re mistaken. Jaleel’s statement highlights the two different mindsets someone starting a business can have. The truth is if you start your business thinking only about the money, then it will show in your service and you’ll surely fail. A true entrepreneur knows it isn’t just about them and their bank accounts but that the best way to build a successful business is by consistently meeting the needs and wants of your customers.
2. It’s Okay to Ask for/Accept Help.“Looking back at my first business venture, I wish I knew then that I didn’t have to do it all on my own.”- K. Rubie, Havilah Solutions.
Don’t let your ego destroy your business. We understand. It’s your brainchild and you’re very protective of it or maybe you feel as if asking for help will make you seem weak and less credible. The truth is, trying to do everything yourself is actually counterproductive to the growth of your business. Why waste time and money trying to hone a new skill when you can hire and trust someone that’s already a specialist in that field? Apart of being a good leader is knowing that you don’t have to be the best at everything. Outsourcing some tasks will allow you to focus on what’s really important. It is also important to acknowledge that you don’t know everything. It’s okay to seek mentorship and learn from those who have done it before you.
3. Use Your Time Wisely.“I wish I knew how many different hats I would have to wear when I was just starting out.”- Jordan, CRMmetry
When you’re the boss of your own start-up, especially in the initial stages (before your assets can enable the hiring of additional staff), you’ll have a lot of roles to play. Your new obligations can range anywhere between Accounting and Auxiliary work. This means that you’ll have to be very effective when it comes to your own self-management to avoid wasting any time. Use cloud services where appropriate so that you can focus on what really matters.
4. Believe in Yourself, You are Stronger than You Think.“You will not know the extent to which your body, willpower, mind and faith can be pushed until you have no other options. As they say, “Jump and build the wings on the way down.”- Joelle Smith, The Hub Coworking
“It really takes a lot of self-confidence and belief in self to really be successful in your business. If I knew that I would have started several years ago.”- Mario, The Loan Minister
Whether you haven’t started yet and you’re paralyzed by fear, or you have started and you’ve chosen to doubt yourself, always remember that success depends heavily on the beliefs you hold about yourself. Mario said it perfectly, if you don’t believe in yourself then who will? And why would anyone trust you enough to do business with you? Replace your negative self-talk with empowering affirmations and start/continue your journey. It won’t be easy, but as Joelle said, you’ll figure it out.
Have advice of your own, share with our Community in the comments below!
Author : Noelle Black (Noelle is our Part-time Community Ambassador, she's a budding entrepreneur and has a passion for community and everything fashion).