My most-prized function on any computer is the “Undo” button.

No matter the mistakes, missteps and indiscretions I make, I know I have the power to go back in the past and make everything right. I wish starting a business had an Undo button.

I can only imagine how much valuable time, money, stress and emotional turmoil I could have saved myself if I knew all these before I started my businesses

I hope the 9 points in this article will save you some regrets.

1) Business ideas are overrated.
I have found that getting a business started is miles ahead of having a brilliant idea that sits squarely in your head. Your business ideas are not valuable until you act on them.

The glory always goes to those entrepreneurs who execute their ideas, and not to those who first had the idea.
Business ideas are overrated unless they’re backed by passionate execution.


2) There are more options to raise capital beyond bank loans.
One of the biggest obstacles startups online entrepreneurs face is access to capital. But I have found that access to capital isn’t always the problem. The real problem is access to information about the options for raising capital.

Beyond banks, startups have a range of options for raising capital including incubators, accelerators, angel investors, business plan competitions, grants from venture capital and investment funds, government programs, and several other options. Learn more about these other options,

3) Nobody owes you anything
The entrepreneurs who actually start a business don’t wait for the government to provide all the policies, programs and infrastructure they need to start a business.

The people who actually get started are those who learn to adapt to their environment and improvise with the limited resources they have. Taking the “nobody owes me anything” mentality puts you in the driver’s seat.


4) It will be hard, so you better love it.
For most businesses, it can take months, or even years, before they turn a profit. What most people don’t realise is that the “waiting period” before the profit comes could be, at once, the most tortuous and rewarding, moments of your journey.

In those periods, it feels like you’re pouring water into a leaking bucket and your initial excitement in your business is thoroughly tested. So, if you’re not going to love it, don’t do it! The good news the period of wait is shorter for online businesses but you need to work just as hard if you want to grow.


5) You have to know when to let go.
According to this study, a whopping 42 per cent of startup businesses fail because their products or services “did not serve a market need.”

There is a considerable chance the market may not want your product. Remember, the market is the ultimate judge. And you must learn to humbly accept its verdict. When the market decides against you, you have to learn to let go. Try a new product or a different strategy.


6) Failing is OK.
When we read the profiles of successful entrepreneurs in glossy magazines and blogs, it’s easy to think they never failed at all.

As a result, a growing number of entrepreneurs personalise their failures and are unwilling to share them because they don’t want to be considered “losers”. Note: Your attempt at starting and growing a business failed. You didn’t fail.
Failure is an event in the past, not a permanent status.



7) The doubts and fears are normal
It often looks like successful entrepreneurs are always sure-footed and fearless people. Nothing is farther from the truth. Business is always about risk. And when you’re taking a risk, you’re bound to experience fear, uncertainty and doubt.

Only focus on the one thing that matters in your business
In the beginning, some people focus on getting posh office space in the centre of the city. Some others focus on chasing capital, building a cutting-edge website, stocking up the warehouse, or hiring advertising space on billboards and in newspapers.
But a lot of these things are distractions. There is only one thing that matters: your customer. Before you do anything, ask yourself: How will this get, serve, or keep a customer?


9) The learning never stops.
In the early days of business, most entrepreneurs wear several hats. You’re responsible for hiring, organising your operations, leading the sales efforts, and being the accountant.

The only way to survive this juggling act is to learn. And to keep learning. And even when you’ve reached the dizzying heights of success you dreamed of, the learning still doesn’t stop.

ARTICLE SOURCE

Thanks. Full of insight.

John

Guys since when I saw this picture I have been confuse

Nonsense

Orishetimi:
John

space booker who is john ?

otiwisdom:
H

.

i2know2:


space booker who is john ?

My brother is not a something oh,it is ordinary k I wanted to type to book space but my phone keypad auto correct is now dragging words with me as if he was him that bought itself

..

You need a website for your business check my signature.

Orishetimi:
My brother is not a something oh,it is ordinary k I wanted to type to book space but my phone keypad auto correct is now dragging words with me as if he was him that bought itself

hhh may be it was just trying to tell you that though you bought me but i can do as i please now

Thanks Op!

Still compiling insights that help me before I dive into my own online business.

True that

Nice one Op.

bluefilm:
Nonsense

Read to understand,not to react.

very good

i2know2:
My most-prized function on any computer is the “Undo” button.

No matter the mistakes, missteps and indiscretions I make, I know I have the power to go back in the past and make everything right. I wish starting a business had an Undo button.

I can only imagine how much valuable time, money, stress and emotional turmoil I could have saved myself if I knew all these before I started my businesses

I hope the 9 points in this article will save you some regrets.

1) Business ideas are overrated.
I have found that getting a business started is miles ahead of having a brilliant idea that sits squarely in your head. Your business ideas are not valuable until you act on them.

The glory always goes to those entrepreneurs who execute their ideas, and not to those who first had the idea.
Business ideas are overrated unless they’re backed by passionate execution.


2) There are more options to raise capital beyond bank loans.
One of the biggest obstacles startups online entrepreneurs face is access to capital. But I have found that access to capital isn’t always the problem. The real problem is access to information about the options for raising capital.

Beyond banks, startups have a range of options for raising capital including incubators, accelerators, angel investors, business plan competitions, grants from venture capital and investment funds, government programs, and several other options. Learn more about these other options,

3) Nobody owes you anything
The entrepreneurs who actually start a business don’t wait for the government to provide all the policies, programs and infrastructure they need to start a business.

The people who actually get started are those who learn to adapt to their environment and improvise with the limited resources they have. Taking the “nobody owes me anything” mentality puts you in the driver’s seat.


4) It will be hard, so you better love it.
For most businesses, it can take months, or even years, before they turn a profit. What most people don’t realise is that the “waiting period” before the profit comes could be, at once, the most tortuous and rewarding, moments of your journey.

In those periods, it feels like you’re pouring water into a leaking bucket and your initial excitement in your business is thoroughly tested. So, if you’re not going to love it, don’t do it! The good news the period of wait is shorter for online businesses but you need to work just as hard if you want to grow.


5) You have to know when to let go.
According to this study, a whopping 42 per cent of startup businesses fail because their products or services “did not serve a market need.”

There is a considerable chance the market may not want your product. Remember, the market is the ultimate judge. And you must learn to humbly accept its verdict. When the market decides against you, you have to learn to let go. Try a new product or a different strategy.


6) Failing is OK.
When we read the profiles of successful entrepreneurs in glossy magazines and blogs, it’s easy to think they never failed at all.

As a result, a growing number of entrepreneurs personalise their failures and are unwilling to share them because they don’t want to be considered “losers”. Note: Your attempt at starting and growing a business failed. You didn’t fail.
Failure is an event in the past, not a permanent status.



7) The doubts and fears are normal
It often looks like successful entrepreneurs are always sure-footed and fearless people. Nothing is farther from the truth. Business is always about risk. And when you’re taking a risk, you’re bound to experience fear, uncertainty and doubt.

Only focus on the one thing that matters in your business
In the beginning, some people focus on getting posh office space in the centre of the city. Some others focus on chasing capital, building a cutting-edge website, stocking up the warehouse, or hiring advertising space on billboards and in newspapers.
But a lot of these things are distractions. There is only one thing that matters: your customer. Before you do anything, ask yourself: How will this get, serve, or keep a customer?


9) The learning never stops.
In the early days of business, most entrepreneurs wear several hats. You’re responsible for hiring, organising your operations, leading the sales efforts, and being the accountant.

The only way to survive this juggling act is to learn. And to keep learning. And even when you’ve reached the dizzying heights of success you dreamed of, the learning still doesn’t stop.

ARTICLE SOURCE

Brilliant article. Keep it up and remember to follow your own advice.

HegenIkomkeh:
Nice one Op.
Read to understand,not to react.

Shut up.

What else do you want me understand from such an arrogant write-up?

i2know2:
My most-prized function on any computer is the “Undo” button.

No matter the mistakes, missteps and indiscretions I make, I know I have the power to go back in the past and make everything right. I wish starting a business had an Undo button.

I can only imagine how much valuable time, money, stress and emotional turmoil I could have saved myself if I knew all these before I started my businesses

I hope the 9 points in this article will save you some regrets.

1) Business ideas are overrated.
I have found that getting a business started is miles ahead of having a brilliant idea that sits squarely in your head. Your business ideas are not valuable until you act on them.

The glory always goes to those entrepreneurs who execute their ideas, and not to those who first had the idea.
Business ideas are overrated unless they’re backed by passionate execution.


2) There are more options to raise capital beyond bank loans.
One of the biggest obstacles startups online entrepreneurs face is access to capital. But I have found that access to capital isn’t always the problem. The real problem is access to information about the options for raising capital.

Beyond banks, startups have a range of options for raising capital including incubators, accelerators, angel investors, business plan competitions, grants from venture capital and investment funds, government programs, and several other options. Learn more about these other options,

3) Nobody owes you anything
The entrepreneurs who actually start a business don’t wait for the government to provide all the policies, programs and infrastructure they need to start a business.

The people who actually get started are those who learn to adapt to their environment and improvise with the limited resources they have. Taking the “nobody owes me anything” mentality puts you in the driver’s seat.


4) It will be hard, so you better love it.
For most businesses, it can take months, or even years, before they turn a profit. What most people don’t realise is that the “waiting period” before the profit comes could be, at once, the most tortuous and rewarding, moments of your journey.

In those periods, it feels like you’re pouring water into a leaking bucket and your initial excitement in your business is thoroughly tested. So, if you’re not going to love it, don’t do it! The good news the period of wait is shorter for online businesses but you need to work just as hard if you want to grow.


5) You have to know when to let go.
According to this study, a whopping 42 per cent of startup businesses fail because their products or services “did not serve a market need.”

There is a considerable chance the market may not want your product. Remember, the market is the ultimate judge. And you must learn to humbly accept its verdict. When the market decides against you, you have to learn to let go. Try a new product or a different strategy.


6) Failing is OK.
When we read the profiles of successful entrepreneurs in glossy magazines and blogs, it’s easy to think they never failed at all.

As a result, a growing number of entrepreneurs personalise their failures and are unwilling to share them because they don’t want to be considered “losers”. Note: Your attempt at starting and growing a business failed. You didn’t fail.
Failure is an event in the past, not a permanent status.



7) The doubts and fears are normal
It often looks like successful entrepreneurs are always sure-footed and fearless people. Nothing is farther from the truth. Business is always about risk. And when you’re taking a risk, you’re bound to experience fear, uncertainty and doubt.

Only focus on the one thing that matters in your business
In the beginning, some people focus on getting posh office space in the centre of the city. Some others focus on chasing capital, building a cutting-edge website, stocking up the warehouse, or hiring advertising space on billboards and in newspapers.
But a lot of these things are distractions. There is only one thing that matters: your customer. Before you do anything, ask yourself: How will this get, serve, or keep a customer?


9) The learning never stops.
In the early days of business, most entrepreneurs wear several hats. You’re responsible for hiring, organising your operations, leading the sales efforts, and being the accountant.

The only way to survive this juggling act is to learn. And to keep learning. And even when you’ve reached the dizzying heights of success you dreamed of, the learning still doesn’t stop.

ARTICLE SOURCE

Cl lick on the second link on my signature for a better way of running an online business.

otiwisdom:
Guys since when I saw this picture I have been confuse

See another man's eyes showing under the mattress
Nah straight death be that.

Apt and straightforward OP. As an Entrepreneur I have discovered that for service providers, the ability to outwit (scam, mostly by over quoting) prospective customers is an important attribute that one must learn...I'm really at a loss figuring why that is

Roon9:
Apt and straightforward OP. As an Entrepreneur I have discovered that for service providers, the ability to outwit (scam, mostly by over quoting) prospective customers is an important attribute that one must learn...I'm really at a loss figuring why that is

Lol. Tell me more about that.

Boss you2know true true

amazing piece

Meanwhile, pls visit my site to get latest scholarship uodates
www.westernscholars.com

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Delivar:

If those things are so lucrative why are you looking for people to pay you for a course? Why are you not rich by trying them out?

Dangote
Dangote still dey find e money.

Delivar:

If those things are so lucrative why are you looking for people to pay you for a course? Why are you not rich by trying them out?

Dangote
Dangote still dey find e money.

Buy ur mtn data @ #550 for 1 GB. https:///2347062399380. Other networks data are available with TV subscription.

otiwisdom:
Guys since when I saw this picture I have been confuse

Observe that area the fan wire is well

It is alright...

Pictures Of Fish Farming Business In Nigeria

Delivar:

If those things are so lucrative why are you looking for people to pay you for a course? Why are you not rich by trying them out?

The one wey dey tire me na my username wey dey attached to the post.

That's good to know, thanks for sharing!