Things To Know Before You Become An Entrepreneur

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 Things To Know Before You Become An Entrepreneur



Taking a leap into entrepreneurship is like riding a bike for the very first time. Although it can be fun and exciting, there are consequences such as falling on the ground and getting hurt. To prevent yourself from being hurt why don’t you look at the following blog and help yourself from not falling and not getting hurt. After-all “Prevention is better than cure”.



Let’s take a glance at them. Just 8 simplest things you need to keep in mind which you’d not regret for later.



1. You don’t need to be a Jack of all trades



Be focused. Don’t grab too much from your hands at a time from a container. The more you grab, the more it becomes difficult to let your hand out from the mouth of container and then you are in vain. Greed is the worst thing in a man’s life which may even lead him to his destruction. So, do your work. One at a time, don’t run your mind in all directions. Be focused and determined. After-all, people are good at one thing not at all of them at once.



2. Don’t focus on bad, focus on good



Positivity is the key to success. Once you lose hope or start de-motivating yourself you can always see things around you getting worse. And so, we should always focus on our good and not on our bad. The more good we think, the more happy we stay and the more we progress then.



3. Never under-estimate your parents



Though your parents may not belong to an entrepreneurial background; but always remember- they are more experienced, more knowledgeable than what you are. They have experienced the world more than you. So, listen to them and always ask them for an advice.




4. There is no such word as “trying”



Trying... is for failures. Winners always say- “done”. Being an entrepreneur, how can one have a casual attitude towards work? Trying depicts a care-free nature for work which is not at all acceptable from an entrepreneur. The reality is, if you need money to survive then you better figure out a way to succeed. Failing won’t make you rich. So every time you fail, don’t pat yourself on the back because you tried… instead learn from your mistakes so you’ll improve your odds of succeeding the next time.



5. Little is the new big



You’re going to get excited every time you meet a celebrity. And no, I don’t mean Lady Gaga. I mean anyone in your industry that is looked highly upon. Every time you meet one of these celebrities you shouldn’t get star struck because the majority of the celebrities you meet won’t care about you. So don’t focus on networking with celebrities, network with the average Joes. They will spread the word about you and your company to everyone else. And when a lot of those average Joes talk about you, the celebrities will have no choice but to listen.



6. Compliments are free



Never hesitate or think before giving compliments to your employees. They love to hear their work being appreciated. During Monday through Thursday you can give them criticism and keep on pushing them, but you have to be respectful at the same time. Yelling at your team won’t solve anything; you have to be proactive at helping them improve. At the same time, you have to be willing to take criticism from your team because it isn’t fair to dish it, if you can’t take it.



7. Don’t be afraid of confrontation



Confrontation in the business world doesn’t lead to fist fights like it does in elementary school. Instead it helps make things move along. It helps the company move forward in positive fashion. As, life can never be stagnant so can never a stagnant business grow.



8. You eat what you measure



One of the first things you’ll do when you start your first company is that you’ll setup metrics. These metrics will help you determine how your company is doing, right? You’ll probably end up measuring metrics like page-views, visitor counts, and time on website. So what’s the problem with these metrics? Well, if all those metrics improve, it doesn’t necessarily mean that you’ll make more money. If you start tracking metrics that aren’t important to your business, you’ll focus on improving them when it won’t necessarily make you more money. So instead of wasting your efforts on metrics that aren’t important, make sure you start tracking what’s really important, such as your revenue per marketing channel or your conversion rate.