Some mistakes in entrepreneurship

• In entrepreneurship, knowing the most common mistakes is as important as following the advice to achieve success
• Know the competition, ctrust your team and delegate
• Your business project is not your life, it is part of it

When we decide to carry out an entrepreneurial project, we are sure to find advice and advice, including opinions from prescribers, to do things well and be successful.

But, as in everything, there are also typical mistakes in entrepreneurship. And we are going to talk about them today: the most common mistakes that entrepreneurs make. Take good note to avoid making them.

about an idea

Having a good idea is great. And even more so when we consider that it has great possibilities... But it is not the most important thing.

Having a great idea does not directly imply achieving a good business. To know if there is a real correspondence between idea and business, we must study the viability, with a solid and differentiating added value. The final result will not depend so much on the idea as on its execution.

Prospects

Potential clients can help us from the embryonic stages of the project and in its development, since they will be on whom its success depends.

In this sense, if you only share your business idea with your trusted personal environment, you will be making a mistake. Your family and friends will support you, yes, but they do not know the sector or the competition, so their evaluations are neither objective nor competent.

Therefore, contrast your business idea with your future clients. You will get a feedback qualitative and with added value. In addition, they can also be your allies when you reach the stage of testing your product.

Time

Time is the great forgotten thing in cost accounting. Every entrepreneur's time has a price, like that of any employee, and we must take it into account when we value our project and its expectations of benefits.

And another common mistake: you are an entrepreneur, not a superhero. The same person cannot be CEO, commercial, community manager… Adequately size your company's human resources and thus be able to control the work, with the necessary quality and dedication.

Linked to the previous paragraph, ask yourself this: do you know how to delegate? Don't distrust your team, bet on their commitment to your project... and delegate.

Have a plan B

Commitment, positive thinking, enthusiasm... Everything helps. But starting a business is hard and there are projects that fail, so always have a plan B that you can activate in case of difficulties.

Your business project is not your life, it is part of it, it can be exciting and very rewarding.