“If you don't drive your business, you will be driven out of business.” (B. C. Forbes)
The journey of becoming a successful business entrepreneur is not a bed of roses as for some people it takes few years to reach the apex of business industry whereas some keep on striving but their efforts are always fruitless.
Indeed business entrepreneur have a big heart to jeopardize all they have earned so far without a sound warranty as whether their ship will sink or will reach the shore of success as imagined.
Below is a list of tips that one should avoid in order to prevent any sort of mishaps during the startup of the business and to proceed longer in the run of contention;
· Your love
People often do not consider the idea that emerged in their minds as a prudent one and most often they neglect what they love the most, giving priority to the urgent subject of the market and rowing their boat in that direction only. One of the successful entrepreneurs loved the whole concept of personal assistance and hence put forth a website which actually did services in this regard. To their astonishment, their business flourished more than what they expected.
· Distractions
Once you setup your business and you have filled all the vacant boxes that were a part of your business plan, but there are a number of other distractions that will distract you though they may never be a part of your business but still they will trigger you in a manner so as to invest in them.
Once you have decided what you want to do, stick with it don’t hop and flop to other ideas that you think can make you rich but actually they cannot, although patience can.
· Planning
Sometimes you deduce the most awesome plan but when it’s high time for its implementation you feel that it’s not worth it. For the essence of goodwill and determination, you should not lose focus and if you feel that your plan will not work, first experiment over it, if it worked stick to it if not then just devise another plan immediately.
· All money is not equal
Everybody can be deceived as people do not play fair. When you see that your business is attaining some growth and it is the right time to get an investor and insanely you just choose one which is popular for his services and investment plan. Unfortunately, not all the investors can elevate the money in your bank accounts. Therefore, do investigate thoroughly before giving your money and be in debt.
“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” (Colin Powell)
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