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Thursday 31 December 2015

10 tips for Budding Entrepreneurs



If you think you have got what it takes then there's nothing stopping you giving it a go, although you may need some guidance along the way. For starters, here are 10 tips from the Pioneers on how to get going:
1. Get started
The difference between an entrepreneur and a would-be entrepreneur is daring. In lots of ways, becoming an entrepreneur and starting out on your own is a scary proposition but it doesn't have to be so either/or. Lots of successful entrepreneurs started their own business whilst working another job to pay the bills. There's no shame in starting slowly. Just start.
2. Admit you don't know
When you're first starting out, it may be tempting to pretend you know everything. There'll always be an element of fake it til you make it when it comes to things like confidence but when it comes down to knowledge that will help you make the most of your business, you need to know for sure. Good entrepreneurs have inquiring minds and they never stop learning or asking questions. You'll be amazed by how many people hide behind jargon to make something sound more complicated than it actually is.
3. Keep things simple
Once you know the jargon, its easy to forget that other people may not. Communicating in jargon works well in specialized environments and can earn you professional respect but you better be really sure that you know what you're talking about. Misusing jargon can lead to confusion, frustration and costly mistakes. If in doubt, keep it simple. Don't forget that even the most senior, influential people may be nodding their heads throughout your entire pitch whilst thinking that they could really do with a Google translation of what you're saying.
4. Get a mentor
Learning from other peoples mistakes stops you making them for yourself and helps your business grow more quickly. Attend networking events and join online communities to identify your ideal mentor and then simply ask them. Don't take it badly if the first mentor you approach isn't able to help and don't hound them under the misguided belief that you'll eventually wear them down. A mentor has to want to help you and most entrepreneurs will help you if they possibly can. If they cant, chances are they're busy running their own business something you as a fellow entrepreneur can appreciate.



5. Grow your network
Learning and inspiration doesn't simply come from mentors. Some of your best learnings may come about by chatting honestly to other entrepreneurs at the same stage of business as you. As long as they're not a competitor, they're likely to be willing to share what they've already learnt and you should be prepared to share too. Networking is mutually beneficial whenever you take business advice, make sure you give back too.
Do write to us if you looking for any kind of help in going ahead during your entrepreneurial journey.
Also we are hungry for feedbacks, comments, shares below this post. Thanks.

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