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Lessons For Start-Ups

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Creative Commons License photo credit: Svadilfari

When you are first starting your new business, you generally reach out to many different networks and people for all of the tips and advice that you can get, especially if this is the first time ever that you have opened up your own business. Here are some key lessons that every person should use when starting up their business, recently posted on Up And Running.

There is more to life than business. Business will be here today and tomorrow and the next day. A healthy approach to running your business includes time off to focus on things that make you personally fulfilled, whether they are family, kids, hobbies, etc.

People are the single most important asset that your business will ever have. Lets face it, without people (clients) your business will not make any profit and thus never survive past 6 months in business. Your planning is never done! Always remember that as long as your business is open, you will need to continue planning for its future.

The most important thing to remember is that you can not do it all! So stop trying to turn yourself into superman or super woman, it will never happen. Hire some people that you can delegate smaller tasks down to and create more time for the important things that you need to concentrate on.

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Comments

  • Thanks for the good advice. Great post!

  • I completely agree – and it is better to have a share of something, than all of nothing! Too many people try and do it all, and as a wise man once told me, the key to being a good entrepreneur is knowing that you are not good at everything, and delegating to experts that you know are better than you!
    I am the marketing manager for microFunding which is a network that does precisely this – it doesnt try to turn inventors into managers or managers into entrepreneurs, rather it introduces all the components in order to turn a good idea into a successful business. http://www.microfunding.co.uk to find out more! Whether you want a good idea to run with, or you have a great idea and no clue how to bring it to market – this site is for you!

  • These are great lessons for start-ups that Sabrina Parsons, CEO of Palo Alto, shared with me in an interview. You can read the full interview, which wasn’t posted on Up and Running, for even more great business advice here:

    http://shetakesontheworld.net/2009/08/part-2-of-my-interview-with-sabrina-parsons-ceo-of-palo-alto-software.html

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