Small Business Tips From Those Who Have Lived It

Small Business Tips From Those Who Have Lived It Do you ever look back on a mistake you made when you were young and think, “Wow, I wish I knew

15 Venture onStarting a small business with a bang is a daunting task. There are countless ways your business can fail, ...
18/09/2023

15 Venture on
Starting a small business with a bang is a daunting task. There are countless ways your business can fail, but there are also plenty of ways it can succeed. But don’t take it from me. Take it from those who have done it themselves and lived to tell the tale. If you think you have what it takes to embody the tips listed above, it might be time to move forward with that small business ideas.

14. Stay hungry "Determination. The famous book called "Think and Grow Rich", which many of you might know, taught me th...
18/09/2023

14. Stay hungry
"Determination. The famous book called "Think and Grow Rich", which many of you might know, taught me that lesson. This law is so powerful because feeling indecisive most often results in missing out progress, time and opportunities. When you feel determined, it's the opposite. Will you potentially make wrong decisions? Most certainly. However, you can learn from mistakes and improve. Determination means moving forward and that's super valuable for probably any businesses."

13. Be curious"Dedicate yourself to ongoing curiosity when it comes to your target audience, customers, and clients. Lea...
18/09/2023

13. Be curious
"Dedicate yourself to ongoing curiosity when it comes to your target audience, customers, and clients. Learn about them, conduct experiments, put yourself in their shoes, utilize user testing when applicable, ask questions, and gather measurable feedback. I recommend the Net Promoter Score for measuring customer experience satisfaction.

Direct insights and data from real people (other than your mom) will help you continually evolve, improve, and ultimately build a business that meets genuine market needs."

12. Enjoy it“The number one piece of advice which I still recall every single day is: enjoy it! Simple as that. If you w...
18/09/2023

12. Enjoy it
“The number one piece of advice which I still recall every single day is: enjoy it! Simple as that. If you wake up in the morning dreading the meetings, deadlines, late nights, employees, or even the payables, you're doing it wrong. Nobody ever made something great out of dread - your business needs to thrill you, challenge you, and engage you. If you're passionate, you're already two steps ahead of the competition.”

11. Don’t be afraid of failure“As a young entrepreneur, the best piece of advice I've ever received is to not to be afra...
18/09/2023

11. Don’t be afraid of failure
“As a young entrepreneur, the best piece of advice I've ever received is to not to be afraid of failing. Failure should be embraced. Without failing how can you learn or succeed? If you're too afraid to fail, and fail hard, you won't take the risk.”

10. You are never finished“ ‘The road to success is always under construction.’It has become my main mantra. As I am a p...
25/07/2023

10. You are never finished
“ ‘The road to success is always under construction.’

It has become my main mantra. As I am a perfectionist and a master in procrastination, I use this quote plus the following affirmation to get out of the perfectionism paralysis. You are a work in progress, which means you are never “finished.” You always have the chance to improve yourself and become something and someone better than who you already are. Be comfortable with making mistakes and accepting yourself for who you are.”

9. Never stop learning“The best advice I have ever received in starting my business is to always keep learning. The only...
25/07/2023

9. Never stop learning
“The best advice I have ever received in starting my business is to always keep learning. The only constant in life and business is change. Whether it’s the people, products, services, the marketplace, software, etc., everything is in a constant state of motion. Businesses that adapt to a fast-changing environment can grow and thrive, while businesses that are slow to adapt and learn are left behind.

I apply this advice to my life and business daily. The more that I learn from different fields of study, the better I’m able to tackle problems from a creative new perspective.”

8. Don’t compare yourself“You are on your own personal journey and have your own personal goals with your business. Do n...
25/07/2023

8. Don’t compare yourself
“You are on your own personal journey and have your own personal goals with your business. Do not compare yourself to others. You know in your heart and gut what your vision is and what you want to achieve. Go get it.”

7. Ask for help when you need it“No person is an island. You can't achieve success without the help of others so don't b...
25/07/2023

7. Ask for help when you need it
“No person is an island. You can't achieve success without the help of others so don't be afraid to drop the ego, ask for help, and allow people to help you. This advice allowed me to break free of wanting to do everything on my own and bring in partners to help build the company. Prior to that, I was building the company on my own - once I allowed myself to accept help, our growth rate increased dramatically and I no longer have to eat lunch by myself.”

6. Take it one day at a time“Do one thing every single day that will help your business grow.Sometimes it's difficult to...
25/07/2023

6. Take it one day at a time
“Do one thing every single day that will help your business grow.

Sometimes it's difficult to stay focused or motivated when in the grind of trying to get a business off the ground, but if you can at least execute one tangible thing every single day, those things will add up and you will find long term success.”

5. Don’t fix the journey“It's important to have a target of what you want to achieve but don't fix your journey of how t...
11/07/2023

5. Don’t fix the journey
“It's important to have a target of what you want to achieve but don't fix your journey of how to get there. Everyone remembers a target but few care about how it's achieved.

Bottom Line: If you hit a wall on route to your targets, don't go through the wall. Change your path and go around it.”

4. Focus on what makes money“Focus on what makes you money. It's simple, but rarely do business owners focus on the one ...
11/07/2023

4. Focus on what makes money
“Focus on what makes you money. It's simple, but rarely do business owners focus on the one thing that makes them money and keeps their business alive. They work on processes and templates and on and on. Then they fail to put the majority of their efforts (80+%) into the money maker. Could be spending their time on marketing, or new client development - whatever it is, focus on it. Just focus.”

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