Leading a Business
It is not enough to just want something in order to start one’s business. You need to keep up to certain “game rules”, which can get you closer to your goal. Here are 9 tips, touching both practical and personal aspects. Are you ready to change your personality?
You decided to start a business. What, are you feeling unsure? Are you afraid of obstacles and possible failure? This is fine, everyone feels like that at the start.
1. Don’t be Afraid of Sharing Your Idea
Sad but famous story – businessmen can be too suspicious. Do you think someone to steal your idea if to discuss it, for instance, in social media? Oh, come on! Develop the idea which is hard to be stolen, and surround yourself with reliable people. The point is how you implement your idea, not the idea itself.
2. Ignore “Friendly Advice”
The number of people who is courage enough to launch their startup is much lower that the number of people who just say about their wish. The reason is in “smart” friends, relatives, colleagues who tell you to cool off by phrases like: “You are too young/old”, “You’ve got no experience”, or “You’ve got no money at all”. You know that, don’t you?
For real, nobody understands the situation and estimates risks better than you do. Trust your heart. Take a risk. And very soon you’ll understand what you can.
3. Do Not Delay Launch Data
Nothing stimulates you better than precise deadlines for the project to be finished. If implementing your idea takes undetermined amounts of time, you’ll find million reasons to delay this data even further. Remember: you can’t create an ideal thing at once. But you can fix your project with time, for instance, basing on clients’ feedback and wishes.
4. Choose Business Partners Carefully
Estimate your business partners as carefully, as if you choose your husband/wife. At the start of your business, you are going to spend much more time with these people than you’re your family. Many young business alliances fall apart exactly because of personal misunderstandings. Make sure your allies share your idea and are pros of their field before starting the project. Another important thing is being confident about your psychological comfort while working with these people. Business success depends on a team a lot. This is where every one has to put 100% of efforts.
5. Love What You Do
If a person is passionate about their job, their business has all chances to become successful. Such people spend day and night thinking about their business, nothing else matters that much. This drive will help the company survive the hard times, which will come for sure. Chris Burton, the co-founder of “Shazam” project, says persistence to be the main component of a successful business. If you are not ready to perform something impossible, you have no chance.
6. Don’t Cycle Upon Incomes
Mostly, successful business men say, that when they started their business they never thought to sell it. If you are not passionate about your company, and you think only about money, nothing will come. You have to think about your long and happy job in your own company. With time, you’ ll be surrounded with reliable people, who know what they do and are ready to help when it’s needed. Get satisfied with your startup. Once, you’ll create a successful company which was just the idea at the very beginning.
7. Don’t Only Select “The Smartest” Workers
Choosing stuff is a difficult, long and expensive procedure for those who launch their startup. You need solid allies, ready to work overtime, for the idea sometimes, in order to get what is wanted. The excellent diploma is not always a guarantee of success. And a person with charisma, maybe an adventurer sometimes, could be exactly who you needed. With time, you’ll be able to appreciate them all.
8. There Are No People Who Can’t Be Replaced
You have to know every detail about your project This is for you to not get into panic when your financial director decides to leave the company, or if you quarrel with a partner. When the startup is launched, try doing all the job on your own for some days, so you could understand what exactly is needed to be done.
9. Don’t Be Afraid Of Mistakes
In North America, people are not that afraid of a business failure because of mistakes, unlike the ones in Europe. But everyone makes mistakes and nobody is perfect. This is natural. Now imagine another situation: someone else implemented your idea into the successful company. How would you feel in that case? And everything happened because of you were afraid.