The Top 3 Mistakes Entrepreneurs Make When Starting Their Businesses
By JordanRocco // December 21, 2021
Here are the top 3 mistakes entrepreneurs make when starting their businesses:
1. Not finding the right business niche/starting at all
After working my off in college to get a degree, I found it very hard to find a job. Of course, most of my classmates also struggled with this issue, but that didn’t stop everyone from trying their luck anyway.
Though I wasn’t any different, only that instead of wasting time on interviews for jobs I’d never be satisfied with anyways, I decided to make something up myself. It’s not like I was without skills or anything… But you see there are two things entrepreneurs must absolutely have: desire and patience. And if you think about it, what could one achieve without persistence? Just because you lacked ambition in school doesn’t mean shit now.
What do you think your life would look like if you got a C in Math for five years straight? Or was never interested in learning physics, chemistry, or biology at all? Shit! That’s right. You’d be flipping burgers somewhere.
The point is, even without talent or skills or anything of the sort it doesn’t matter because if you have desire and patience anything is possible. Like I said before, my idea wasn’t some magic formula–it was just something I wanted to try out in my spare time. It meant moving back home with my parents for a few months too since there were no jobs available in my area.
At first, I started working on little things here and there just trying to apply some basic marketing strategies that I learned online to my own business model. It was just a little thing, but I guess it made me feel a bit better about myself. What if it failed? Oh well, at least you tried–which is more than can be said for those who don’t bother trying at all.
2. Not being able to handle the first misfortunes
Once I felt a little more confident about myself, I began working on my business a bit more. It was a long-term project so obviously, it wasn’t going to become some overnight success story. But as time went on and people started taking notice of what I was trying to do, they also started asking me for help with their own businesses. Now, this is extremely important because as crazy as it sounds you’re never too good for anything.
Do you know those rich kids in school that always bragged about how much money they had and like that? Well, guess what! If those decided to put half as much effort into this business as they do everything else in life then maybe they wouldn’t be poor in the first place.
And I’m not saying that just to insult them either. You see, just because you got born into money doesn’t mean you’re entitled to anything–not even your own success. It’s funny how people think that somehow they deserve all this happiness when in fact everyone works equally hard for it.
3. Not learning from past experiences
That’s why when I said it takes patience and desire what I really meant was that it takes guts too. The problem with so many entrepreneurs is that they don’t want to put in the work. They know what has to be done but they fear it will take time away from their “more important” activities which are basically MTV, whiskey, and women. And you know what? That’s totally understandable.
I mean, who wouldn’t want to get rich and famous without having to do any of the dirty work, right? But that’s not how it works. The thing is, if you’re patient and put in the effort then eventually good things will happen. But, if you give up halfway then nothing is going to change for you–not even your luck.
It took me a little longer than most people, but eventually, I was able to quit my day job and focus on my business full-time. It was a lot of hard work, and there were times when I wanted to give up, but I’m glad I didn’t because now I’m finally seeing some results.
Now, I’m not suggesting that it’s going to happen overnight because trust me–it won’t. You have to understand that I was just a regular person who used to work in IT before this.
And now, look at what I’ve accomplished by putting my desire and patience into action. All of this didn’t come from some magic formula either so don’t let anyone convince you otherwise! It should give you hope though if you think about it. With enough hard work, anything is possible especially since the internet nowadays makes everything so much easier for us.
The point I’m trying to make is that if you have the desire, patience, and are willing to work your fingers to the bone then success will eventually come. It doesn’t matter how old or young, rich or poor you are. All of us have the same chance at succeeding–we just have to go out there and do it!