10 things I wish I’d known before starting a business

When I first started my business (like most newbie entrepreneurs) I had zero clue what I was in for, the beauty of entrepreneurship is that you never stop learning. I’d like to share with you some things I have learned along the way with the hopes that it will help others adjust their mindset for longevity of business growth. This way, your rise to the mountain top doesn’t have to be so difficult or stressful.

It’s a rollercoaster ride, you have to just be prepared for all the challenges you will face. Things change so quickly and you have to keep up with the twists and turns. Although I’m a mentor and a business owner, I’m still growing and learning myself.

You persevere even when you don’t know where to turn, you learn to accept full responsibility for the success of your business and you commit to the ups and downs of the journey.

And then, there’s your own self-doubt. Whenever you face a really rough moment, and the reality is you will because that’s the up and down nature of running a business, you go to bed thinking, “Did I make the right decisions? Should I have just done the normal thing and worked for someone else, or stayed small?”

The gift of mistakes is that you learn lessons that are necessary to prepare you to achieve even bigger goals in the future. When I finally understood this concept, I began to embrace mistakes with open arms. If you want to increase your success rate, double your failure rate.

Here are a few things I have learned since starting a business.

  1. Don’t try and do everything yourself.
  2. Surround yourself with mentors.
  3. Find like-minded people, not like-skilled people.
  4. The odds are stacked against you, and that’s okay.
  5. Ignore the naysayers, everyone will have an opinion.
  6. Learn to say no and surround yourself with the right people.
  7. Be prepared to make sacrifices.
  8. Know your numbers.
  9. Focus on the customers, engage with your audience.
  10. Develop a powerful message.

Final words of advice

Even if you follow the advice listed above that doesn’t mean that you’re going to be mistake-free. Every business owner will encounter their own specific set of problems to overcome, which means there are going to be plenty of instances of trial and error.
However, I try not repeating some of the same mistakes that I’ve made in the past, I embrace them and move on. This way you’re increasing your chances of survival, or at least reducing the amount of stress in your life! I’m a huge believer in the energy that you give off is the energy that you get back.