Being your own boss seems in
different world and gives a different feeling. There are so many things have to be considered
while on track of being a successful entrepreneur. Many people gives importance
to Do
rather than Don’t. To become a
successful entrepreneur one must have to take care of Don’t. Some activities
must be avoided.
Without realizing harms, many
young entrepreneurs reduce their chances of growing a successful business. They
do exactly opposite of what they have to do for the welfare of the business.
- · Don’t think about others what they are thinking about you- Get ot there and sell!
At 20; It actually happens that
people worry about what other think of them; at 40, they decide they don’t care
what other think of them; at 60, they learn that no one was actually thinking
of them; its been a guiding light for them.
- · Don’t repeat your mistakes
Sine it’s difficult to start a
business by doing just one thing, entrepreneurs should svoi the tra of
consecutively producing, marketing and selling. It is must for them to do all
three at the same time. Thinking a chronological order is prohibitive for
growth.
- · Don’t hire similar Skill-set person
If you are good in QA you should
not focus on hiring the same profile person, instead go for good salesperson that
has a different skill set and can pick up some of your slack. You may not have
the most in common with that person but then again building a business is not
about getting along with all.
- · Don’t be in hurry
It’s a common misconception that
entrepreneurs should scale their companies quickly in order to slay afloat.
Selling products should be the no.1 priority for new entrepreneurs. Scaling
will then come at natural place.
- · Don’t focus on ‘Slice’
It’s common that self-starters
believe their target priority is 1% of a Global sector, it is important for
them to estimate their own scales rather than a slice of a total market.
Ditching top-down math for a bottom-up calculation is a key component on the
road to business success.
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