In the early days of starting a business, entrepreneurs, at one time or another, have all made mistakes they wish they could go back and change. The truth is no one knows everything when they first start out, and it’s only from making mistakes that you learn valuable lessons.
These entrepreneurs know all too well the challenges that come with creating your own company. Here, some of them share the things they wish they’d done differently and share their wisdom with others.
Failing to Build a Support System
As with any great venture, it is hard to become successful without the help of others. That’s why it’s important to build a support system around you.
For Toronto entrepreneur John Fielding, founding Array Marketing was a feat he and his brother John basically did on their own. However, he wishes he would have connected more with other fellow entrepreneurs.
“Looking back, I wish I would have networked more with other people going through the same situation. It’s important to have others to turn to for business advice and just general understanding,” says John Fielding.
Consider joining a meetup group or building connections with other entrepreneurs online.
online pharmacy purchase lexapro online best drugstore for you
Failing to Be Present
Starting your own business can bring a whirlwind of emotions, one of which is getting ahead of yourself and becoming overly focused on what’s next instead of living in the moment. While it’s easy to get caught up in your visions for the future, it is also important to be present.
Entrepreneur Adii Pienaar made this mistake once upon a time.
“I was obsessed about always moving from point A to B to C, which meant I was never really present in any given moment. This also meant that the highs on the rollercoaster ride were fleeting, and the lows, always brutally around-the-corner. I’ve since learned to enjoy the journey itself (more than the destination) and appreciate small victories and special moments much more,” explains Pienaar.
Failing to Stay True to Yourself
When you’re the head of a start-up, there are inevitably going to be many people advising you on what and what not to do. On the one hand, feedback is valuable, but on the other it can create indecision and make you question your foundation.
online pharmacy purchase premarin online best drugstore for you
Klyn Elsbury of MK Foundation says one of the biggest mistakes new entrepreneurs make is staying true to themselves.
She says, “Entrepreneurship has a way of testing even the strongest women I know. I’ve found the best way to help with indecision and getting unstuck is to refer back to my values, using a process rooted in neuroscience. When you discover the deepest level of your why and how your brain categorizes and prioritizes information, you will have more confidence and a more proactive disposition.
online pharmacy purchase zoloft online best drugstore for you
”
In addition to the above mentions, failing to do adequate research prior to pitching investors is one of the #1 mistakes made by entrepreneurs. Without an understanding of your target market and market research, your business may have a hard time getting off the ground.