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Stay balanced. As an entrepreneur, you need to be constantly processing new information, adjusting your plan, and making decisions. »
If you are exhausted and 100% monopolized by work, you won’t have the perspective and insight that you need to guide your venture in the right direction. Sleeping, exercising, and having a life outside of work is critical for your endurance as a human information processor and decision maker. »
In 15 years as an entrepreneur, I’ve made many mistakes and I’ve seen a lot of entrepreneurs do them too. My answer is two-part since these are equally as important. »
Falling blindly in love with an idea. Entrepreneurship needs passion, but love can be blinding. Many entrepreneurs believe in their idea so much that they fail to validate it. They tend to dismiss negative feedback on their products or neglect collecting some. And they end up missing product/market fit.
Overcoming that requires taking some distance with the idea and applying intellectual honesty. My advice is to talk to potential customers or users from day 1 and for every day after that: never stop collecting feedback. We’re now 25 people on the team at Scoop.it, but I still answer support tickets and take sales calls because there’s nothing as real and valuable than a direct conversation with a customer. »
Thinking that ideas are more important than teams. I hear a lot of first-time entrepreneurs tell me ‘I have a great idea for an app; I just need to find a technical co-founder to code it.’ But successful startups iterate their original idea constantly based on market feedback. Sometimes they even radically pivot like Paypal or Slack. Only great teams can do that, so the execution is much more important than the original concept. And it’s easier to change the idea than it is to change the team. »
The most painful mistake I see most inexperienced entrepreneurs make is not delegating tasks effectively. I actually came from a nursing background where bad delegation meant someone could lose a limb–or worse, their life. The nurses that didn’t delegate would be busier, risking careless errors from trying to make up time by cutting corners. Business owners try to do the same thing. »
I advise entrepreneurs who struggle with this problem to first get their tasks organized and written down. I like Asana for this. The tasks that they find themselves adding repeatedly are tasks that they should think about delegating. At the end of the month you need to send out invoices, add numbers to your analytics spreadsheet, etc. Find someone else to do that. The hours you save by outsourcing these types of tasks will help you focus on the things that only you can do–like plan the strategy and direction of the business. »
Often I see first-time entrepreneurs struggle to organize and process feedback. When starting a company, you’ll get feedback from everyone: your early users, potential customers, investors, friends, and even your second cousin twice removed. »
I’ve found it incredibly helpful to have a framework in place to systematically collect, prioritize, and implement product features based on customer feedback–both from customers you have, and the customers you want! »
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And he in fact ordered me lunch due to the fact that I found it for him…
lol. So allow me to reword this…. Thank YOU for
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this post reminds me of my good old room mate! He always kept talking about this.
I will forward this article to him. Pretty sure he will have
a good read. Many thanks for sharing!
Hello! Do you know if they make any plugins to assist with Search Engine
Optimization? I’m trying to get my blog to rank for some
targeted keywords but I’m not seeing very good gains. If you know of any please share.
Cheers!
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I’ll make sure to bookmark it and return to
read more of your useful information. Thanks for the post.
I’ll certainly return.
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Keep up the good work! You know, a lot of people are searching round for this info, you can help them greatly.
Undeniably believe that which you stated. Your favorite reason appeared to be on the internet the easiest
thing to be aware of. I say to you, I certainly get annoyed
while people think about worries that they plainly do not know about.
You managed to hit the nail upon the top and defined out the whole
thing without having side-effects , people can take a signal.
Will likely be back to get more. Thanks
When someone writes an post he/she keeps the image of a user in his/her brain that how a user can be aware of it.
Therefore that’s why this piece of writing is outstdanding.
Thanks!
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We absolutely love your blog and find the majority of your post’s to be exactly what I’m looking for.
can you offer guest writers to write content for you personally?
I wouldn’t mind publishing a post or elaborating on a few of the
subjects you write related to here. Again, awesome weblog!
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of course like your web site but you have to take a look at the spelling
on quite a few of your posts. Many of them are rife with spelling issues and I in finding it very bothersome to tell the truth then again I will surely come again again.
Have you ever considered about including a little
bit more than just your articles? I mean, what you say is valuable and all.
Nevertheless think about if you added some great images or video clips to give your posts more, « pop »!
Your content is excellent but with images and video clips, this website could undeniably be one of the very best in its
field. Awesome blog!
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Stay balanced. As an entrepreneur, you need to be constantly processing new information, adjusting your plan, and making decisions. »
If you are exhausted and 100% monopolized by work, you won’t have the perspective and insight that you need to guide your venture in the right direction. Sleeping, exercising, and having a life outside of work is critical for your endurance as a human information processor and decision maker. »
In 15 years as an entrepreneur, I’ve made many mistakes and I’ve seen a lot of entrepreneurs do them too. My answer is two-part since these are equally as important. »
Falling blindly in love with an idea. Entrepreneurship needs passion, but love can be blinding. Many entrepreneurs believe in their idea so much that they fail to validate it. They tend to dismiss negative feedback on their products or neglect collecting some. And they end up missing product/market fit.
Overcoming that requires taking some distance with the idea and applying intellectual honesty. My advice is to talk to potential customers or users from day 1 and for every day after that: never stop collecting feedback. We’re now 25 people on the team at Scoop.it, but I still answer support tickets and take sales calls because there’s nothing as real and valuable than a direct conversation with a customer. »
Thinking that ideas are more important than teams. I hear a lot of first-time entrepreneurs tell me ‘I have a great idea for an app; I just need to find a technical co-founder to code it.’ But successful startups iterate their original idea constantly based on market feedback. Sometimes they even radically pivot like Paypal or Slack. Only great teams can do that, so the execution is much more important than the original concept. And it’s easier to change the idea than it is to change the team. »
The most painful mistake I see most inexperienced entrepreneurs make is not delegating tasks effectively. I actually came from a nursing background where bad delegation meant someone could lose a limb–or worse, their life. The nurses that didn’t delegate would be busier, risking careless errors from trying to make up time by cutting corners. Business owners try to do the same thing. »
I advise entrepreneurs who struggle with this problem to first get their tasks organized and written down. I like Asana for this. The tasks that they find themselves adding repeatedly are tasks that they should think about delegating. At the end of the month you need to send out invoices, add numbers to your analytics spreadsheet, etc. Find someone else to do that. The hours you save by outsourcing these types of tasks will help you focus on the things that only you can do–like plan the strategy and direction of the business. »
Often I see first-time entrepreneurs struggle to organize and process feedback. When starting a company, you’ll get feedback from everyone: your early users, potential customers, investors, friends, and even your second cousin twice removed. »
I’ve found it incredibly helpful to have a framework in place to systematically collect, prioritize, and implement product features based on customer feedback–both from customers you have, and the customers you want! »
After study a number of of the weblog posts on your website now, and I actually like your method of blogging. I bookmarked it to my bookmark web site record and will be checking back soon. Pls check out my site as properly and let me know what you think.
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Keep up the outstanding work!
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Great job.
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writing. I am sure, you have a huge readers’ base already!
I’ve been exploring for a bit for any high-quality articles or weblog posts in this sort of
house . Exploring in Yahoo I finally stumbled upon this web site.
Studying this information So i am glad to show that I
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