What should you learn, as an entrepreneur?

I’ve had my own business for 3.5 years and it’s a lot of fun.Nevertheless, I misjudged a lot at the beginning and of course I continue to learn on a daily basis.

From my point of view, a few tips.These apply to me, but perhaps also to others…

  1. Learn to deal with uncertainty.

Become aware of what it means to run a company, with all the advantages and disadvantages

  • Knowing your own strengths and putting them in the foreground.
  • The company is founded because it is assumed that you can do something better than other companies that have been active on the market for many years. Thus, it must have added value for customers. Become aware of what the USP is of your work and expand your strengths.

  • Weaknesses are not bad, everyone has them.
  • My experience has shown that it is better to strengthen the strengths where I am not so good at it, I pass on to other people who can make it better, faster and maybe cheaper.

  • Don’t give discounts.
  • You only ever have one try on the sale, so better negotiate longer and then get the best out of it. Sounds banal, but it’s important. Better give the customer a service for free that costs you nothing or little. Every euro you pay to the customer, you have to get somewhere else.

  • Is there one person, a partner, that you can bring on board.
  • If it suits human and professional, you have a permanent exchange, an objective view of things and the responsibility is distributed. Find a network of collaboration partners you can trust. Thus, your offer grows exponentially. If these partners market it properly, you will get many leads.

  • Share the turnover fairly with the partners.
  • Give you the maximum possible. They are motivated, feel well treated and hopefully there will be a long-term partnershipbuilding the network overall on. I myself traveled a lot in the first 2 to 3 years, meeting people and building trust. This pays off extremely well if it is financially viable.

  • Trying to grow the business with existing customers is easier than attracting new customers, because they already know your value.
  • So just call and ask if everything is okay or speak about another topic. Often this results in another business almost without akwuise use.

  • Focus 100% on the sale, because that’s the only way you have the financial leeway to say no or take a break.
  • Topics you don’t like to do yourself always outsource. Taxes, accounting, marketing, no matter. Disconnect from customers who rob energy or are very strenuous. It’s not easy to give up customers, but if it makes three other customers happy and you’re better off, I’d do it.

  • Make a business canvas, possibly with an expert, to see how you can optimally set up your business on the market.
  • There are certainly options that you haven’t thought about yet.

  • Take breaks, take a day off without working, it’s worth it in many ways.Avoid unnecessary costs.
  • Make a list of costs and consider what is really necessary. In total, a decent amount can come out. I don’t know if it will help you personally, I hope so at least.

    There’s so much more to see as a push…

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