Mistakes to Avoid as a Startup Entrepreneur
Mistakes, as they say, is inevitable, everyone makes mistakes. Most at times, we learn a lot by learning from your mistakes. I’ve learnt the most from grave mistakes I’ve committed in the past. But wouldn’t it be better if you learnt those mistakes from someone else and try to avoid them?
Contrary to what you may have been told, you do not need to make same mistakes someone has made to learn some principles.
You can learn from the mistakes of people and apply lessons learnt to your personal life and get better results.
As a startup entrepreneur, you should avoid these simple mistakes if you want to thrive in business.
1. Not Thinking Long-Term:
As much as possible, you must endeavor to avoid thinking short term for your business. You should start now but never only think about the ‘now’. Look ahead three or five years later and make plans that enter into the future.
2. Not Outsourcing:
Most times, because we carry the vision, we want to bear it alone. We tend to do everything involved, we’re the managers, CEOs, employees, receptionist, securities etc. As a startup entrepreneur, you must try as much as possible to outsource some jobs to people. You’d break down if you choose to do everything yourself.
3. Not Leveraging Social Media:
As you already know, social media is now the in-thing for most businesses as technology has actually come to stay. Whether you’re a small or large scale business, social media is one way to upscale your business. If you’re not leveraging social media sites like Facebook, Twitter, Instagram, etc, you may as well be losing clients and of course, money.
4. Not Building Relationships:
Relationships are very important to the success of a business entity. You will need to have a relationship with someone before you can sell whatever you have to the person. Without business, you may never be able to make sales. So, make it a point of responsibility to establish relationships with your ideal clients.
Read this article to learn more on how to build relationship and get along easily with people.
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