What’s one thing you wish you had known before starting your business? 🧐
Priyanka Saini
12 replies
Replies
Mercy James@mercy_james3
I didn’t realize how much legal and administrative work is involved. Knowing this upfront would have helped me prepare better.
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Cash Flow is King! Understanding cash flow is crucial. It's more important to have a steady flow of incoming money than a big initial investment. I would've focused on building a sustainable business model from the beginning.
Launching soon!
@grayson_carter1 True! without cash flow is difficult to keep your energy high for work. money is motivation.
It's a Marathon, Not a Sprint! Wish I knew starting a business takes way longer than you think. There are unexpected challenges, and success takes time and perseverance. It's not just about the initial launch, it's about constant adaptation and improvement.
@priyanka27 Surround yourself with trustworthy, coachable individuals. They are the cornerstone of a successful team, fostering trust and growth.
I wish I had known the value of a clear business plan. Having a detailed roadmap helps set realistic goals, allocate resources efficiently, and anticipate potential challenges. This foresight would have saved time and prevented costly mistakes, ensuring a more structured and focused approach to growing the business.
I wish I had understood the value of a strong online presence earlier. Having a well-designed website and active social media accounts is crucial
I didn’t realize how much time and effort would go into marketing. It’s just as important as developing the product itself.
I didn’t anticipate how challenging it would be to maintain work-life balance. It’s crucial to set boundaries to avoid burnout.
Vozo AI
I wish I had known the importance of building a strong network early on. It’s incredible how much support and advice you can gain from connecting with the right people.
I wish I knew earlier how vital it is to embrace the art of delegation in business; trying to do it all solo is like coding without debugging tools - a recipe for endless loops!