Lessons on surviving seven years in business

If you’re an entrepreneur, what pushed you to start your own business? Perhaps, all entrepreneurs have one reason in common as to why they’ve built their business – they see potential. Potential excites aspiring businessmen, motivates them and drives them. The idea of potential propels them forward. Because they have the hope of seeing that start-up succeed, it also compels them to commit time and resources into their start-up business ventures.

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Starting a business

However, running a business is not that easy especially the early years. The true test of launching a start-up company is making it through these rough first years. Thus, one should have perseverance in order to succeed. You need to keep going!

At first it could be surprising, but the majority of successful business owners have more failures than successes. The only thing separating them from failure was their refusal to stop and their inability to simply call it quits. In order to keep up on today’s heavy hitters in the game is by having true determination. Also, it is what will keep you going further than you thought you had the strength to.

Another important thought to keep in mind is to focus not only on your problems, but opportunities as well. You should know how to divide your time on how handle both. Normally in entrepreneurship, there are so many issues to troubleshoot and problems to solve in the first years that it can really pull one’s attention away from opportunities.

Commit some time on thinking about new opportunities. Focusing on the opportunities and the potential is what ultimately powers you up. Work on the problems you face, but also carve out time to commit to new advances.

For more on surviving the first years in business, read this blog post: https://www.flyingsolo.com.au/startup/running-your-own-business-lessons-on-surviving

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