How to be an Entrepreneur: searching for a Magic Wand and other Issues to Avoid. Part II

In the previous article How to be an Entrepreneur: Its Pitfalls and other Issues to Avoid, we identified one of the main traps that could wait for entrepreneurs. Also, we found out what is the entrepreneurs' fear, how to escape from the paws of horror, and how to avoid other pitfalls that can arise in the development way of the entrepreneur.

But let's continue and talk about the next unexpected fact that could interfere with entrepreneurs in their business.

5. Wrong people

It may sound a little naive, but evil people who don't believe in us and say that our idea is "not so good" - absorbs energy from us. It doesn't necessarily that those people are evil; maybe they don't know how or don't want to support.

A valuable tip is to reduce your communication with such people. At least at the start of your business or while implementing innovation. We are quite scared enough already, we are afraid to take risks, and interaction with them only adds negative emotions and worries. It isn't a call to break all relations with the closest people, friends, or relatives if they don't believe in you for some reason. Nonetheless, it makes sense to lower your communication level with them by the time you start, and while you are adjusting your core processes in the business.

6. "Good people"

Often you can see a business that has all the chances of a breakthrough, but something is slowing it down. There is a possibility that there are working good as individuals but bad as professionals. Notably, family businesses or small businesses suffer from that problem. Some good people are just "good people" but bad professionals. It's a frivolous idea to get them involved in your business.

Reject nice people if they don't fit into your business. You can communicate with them, be friends, help each other and keep up, but you need to do business with people who can give you something to do business with.

7. Perfectionism

We want to be the most perfect and make our business ideal working too. If we do something - we want it to be the best; to ensure that all processes are set up; to ensure that the product we make meets all quality criteria. But such excellence may kill most startups. If they don't start within six months, they will never begin.

It works like this: we're working on creating something, and at the same time, we are consuming energy. We spend this energy on cultivating something that has already come to the world and should bring us some profit. In the process of debugging and the pursuit of perfection, we have spent all the forces out to reach the threshold of release. However, we can't reach it because of less energy.

The conclusion is simple: don't be afraid to "start dirty and quick". Quick beginning and then tuning the product in the process is better than cherish it and keep without release until you were tired.

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8. Impatient

We want to get everything right away. We want quick results. If we set up a business, we want immediate revenues. We want everything to happen quickly. It's ok, but in fact, this impatience doesn't produce anything useful. We must give ourselves the chance and time to move gradually.

Business isn't about fast results. If you're thinking about how to do business quickly so that tomorrow money comes with profit, then I have bad news for you. It'll be necessary to work and be patient.

9. We forget to learn

More precisely, we postpone that thing. But forgetting about this isn't worth it. The best thing that an entrepreneur can do is to invest time in their knowledge. Any available on the Earth knowledge counts. Now there are many courses in different languages ​​about entrepreneurship, marketing, sales, etc.

Our most valuable asset is ourselves.

Our brain is the greatest asset that we can use in the future for the development of our business. That's, new knowledge and new opportunities are extremely important. Therefore, knowledge and capabilities are interdependent.

10. Searching for a magic wand

If you read and attend pieces of training, but don't use the acquired knowledge - this isn't development. Speakers and mentors who promise to give you the super-fast instrument that helps to get everything you want in 10 days or 5 hours - please, don't listen. You know best how to implement your idea, and nobody can do it better because the idea is yours.

Of course, knowledge is necessary, but don't overestimate other people. The utopia is the belief that someone will take care of you and schedule a detailed action plan for what and how you should do. You'll need to go through your mistakes on your own.

Entrepreneurship is a very complicated thing, and it requires the strengths, energy, "good people" who will support you and competent specialists to work in a productive team with you. Entrepreneurship requires courage to say goodbye to good people but a bad professional. It requires us to make unpopular decisions. But remember that you are not alone. We all make the same mistakes that bring together a vast business community from around the world.

In conclusion, we should say that sometimes we can miss the most obvious things. We can live in our surroundings with internal fears and may not notice how those things can influence our life and business. That's why it's vital to search destructive beliefs and destroy them.

Now you have already made the first step to smooth your business management. You learned about the existence of at least ten most common mistakes and obstacles on the path to the position of a successful entrepreneur. The more we know, the better armed we'll be! Stay armed and don't stop to build your dream business.