Entering into the entrepreneur jungle is far from being easy. There is no training or diploma to prepare us.
#Failure4- How a low staff turnover may not necessarily be a good thing
If someone stays with you for ever it’s either because you’re awesome, or they got too comfortable. But what about your company interest?
#Failure3 – Pushing the wrong business model – interview with Alan Yeap from Viroboss
Entering into the entrepreneur jungle is far from being easy. There is no training or diploma to prepare us. So when you do it straight out of school, there is still a huge delta between your learning, your experiences, your believes and the real life.
How to test your idea with 10h initial investment?
The importance of testing and validating your idea before you decide to take the plunge and make it your whole life cannot be repeated enough number of times.
Read moreWhy you should not invest your own savings into your startup – #Mistake2
Before going deeper into this article, it’s important to keep in mind that the definition of entrepreneurs is wide and there are tons of different types of businesses.
Read more#Failure2 – Closing a company after raising over 1 million USD interview of Viktor Kyosev
So just imagine, you raise 1 million USD but 12 months later you’re forced to close the company.
5 Most Underestimated Problems Faced By First Time Startup Founders
Napolean Hill once said, “First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination.”
Read more#Mistakers1 – I don’t wanna share my idea. I’m a lovemyself kind of an entrepreneur
It’s a common practice for most of the entrepreneurs to think that their idea is truly awesome, the best and probably something no one would have ever thought of. This might be true in some cases and till some extent. But when you’re about to pivot your life towards entrepreneurship, where your business will be something you will be betting a lot of things on, you can’t just assume that your idea is great, it is something you need to be really sure of.
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