Becoming a successful Entrepreneur is not as simple as you think. There are a lot of ideas which can pull you up at the same time there are gallons of criteria which can push you down.
It’s always good checking the list that what we have to do and what we are doing but trust me it’s more important to know that whether you’re doing something which should be avoided by you.
Here are 5 undesirable points which you should start avoiding if you really aim to become an Entrepreneur with a word “Successful” before it
#1. Half prepared Plan:
If you’ve decided that you’re ready to enter in the field of entrepreneurship, then this is the point that should be your primary concern. While starting your business experiments, entrepreneurs oscillate among their own plans.
“A goal without a plan is just a wish.”
- Antoine de Saint-Exupéry
So before going into your start up
So, If before getting into it ask some questions to yourself…
#Do you have enough people to support you in your business?
#Do you have your perfectly planned model?
#Are you aware of your competitors?
Make sure that you have an appropriate answer for all these questions before jumping into your start up
“By failing to prepare, you are preparing to fail.”
- Benjamin Franklin
#2. Focusing Much In Idea And Avoiding Team
I agree that, behind every successful business there is a great idea in it but that great idea needs a good team also to make that idea successful.
Talent wins games, but teamwork and intelligence wins championships.
- Michael Jordan
So, there is no doubt in that you have great ideas but to apply them successfully start appointing the individuals who can help you in making them successful.
Teamwork makes the dream work, but a vision becomes a nightmare when the leader has a big dream and a bad team.
-John C. Maxwell
#3. Focusing On Short Term Gains
Sometimes when we are in start-up era we don’t care about our future and there we go down.
If you’re in your start up just to gain small things never ruined your future relations with a client.
Because you want to walk a long road ahead. Right?
Dream small dreams. If you make them too big, you get overwhelmed and you don’t do anything. If you make small goals and accomplish them, it gives you the confidence to go on to higher goals.
- John H. Johnson
So, in your small conversation start finding big achievements.
Make small goals and achieve small goals to achieve your dream one day.
#4. Give Importance To Legal Documents
I am serious for this, never ever get into any agreement without the legal documentation. If you’ve just started yet then there will so many people come to you with a lot of offers.
We should never miss a chance in our life but when it’s on business, definitely take chances but with documentation.
It will also become your safe side when your client’s expectation starts to increase than your initial conversation.
Always make sure that you are covering your legal documentation in all your business conversations with your clients.
# 5. Inflexible Business Model
The most annoying thing you can do as a start-up is getting stuck up with your idea. I mean common, it’s not about your reputation it’s about your success.
If plan A fails, we have 25 letters left, right.
Failed plans should not be interpreted as a failed vision. Visions don’t change, they are only refined. Plans rarely stay the same and are scrapped or adjusted as needed. Be stubborn about the vision, but flexible with your plan.
-John C. Maxwell
Never get demoralize if your million dollar idea flopped out, always remain ready with a new idea, and new success track.
So, here are the 5 pinching points which can pull you down. So, be aware and try to avoid all these. And start enjoying the taste of success.