Success is what happens when you’ve survived all your mistakes; success doesn’t happen until you have stumbled and fallen, only to get back up again. Entrepreneurs make the same mistakes all the time but it has only made them stronger and smarter in the end.
Here are the 10 things entrepreneurs get wrong about success:
There is no such thing as “too much” knowledge. The more experience and training you receive the smarter you become. There are plenty of young people who want to get into the entrepreneurship business right away, yet it’s possible they don’t have much business experience or knowledge to understand what it takes to lead a startup day to day.
Taking Extreme Risks Too Soon
Most entrepreneurs tend to do this way too soon. Taking risks isn’t a bad thing, but it is definitely a gamble and can lead to many mistakes.
It’s 2017! If you’re not networking now, you probably should get on that. Networking may seem like a big waste of time, but you never know who you can meet or what you can learn if you don’t try. Think positive and who knows, you may just stumble upon one of the greatest time investments ever!
Working Way Too Hard
This is a very common thing that every entrepreneur does. Working hard is great but don’t overwork yourself that you eventually get burnt out. Make sure you get quality sleep each night, make time for friends and family and make time for yourself. Keep a well-balanced lifestyle.
Stop, Sit and Listen
Stop doing all the talking and let others speak while you listen. Listening allows you to learn and be inspired by others. You never know what you can learn from your fellow friends, family and/or customers.
Never Asking For Help
Your ego won’t get damaged if you ask for help. Many entrepreneurs think they can handle and do everything on their own and it could be possible, but doesn’t do you any good in the long-term. Not to mention, it gives you additional stress to take on—why would you want that? Ask your fellow peers, friends or family to help you out once in a while. I’m sure they would be more than happy to do so.
Pick the Right People
Your business is your baby; we get it, so who is willing to continue to build that empire with you? Throughout your entrepreneur years, you’ve probably met and worked with some intelligent and hardworking colleagues—bring them with you. Find colleagues whom you trust and who are loyal. These are the kinds of people who will help you grow and who will be by your side until the end.
Not Getting a Mentor
You may think, why would I need a mentor, I can handle things on my own. However, a mentor is simply someone who you can look up to, who will show you the ropes and will be there through years of failure and frustration. Mentors are great to have when starting a company, they can steer you into the right direction and give you solid advice before making stupid decisions.
We don’t think or function right without our beauty rest; our body actually needs a full night’s rest of sleep – 7 to 8 hours at least. Not sleeping will not get you any further, if that’s what you’re thinking. When we get a full night’s rest of sleep, we can think smarter and be more efficient throughout the entire day. Trust me – you’ll thank me later.
Take advantage of the knowledge around you; read educational business books, read online articles, attend seminars and so much more. The world is your oyster; you can learn pretty much anything!