Have you ever had an idea or business that you wanted to implement?
Do you want to know the difference between entrepreneurs that fail and entrepreneurs that succeed?
The difference is so subtle that you just might miss it!
Hi I’m Brock Laramee and today I’m writing about the reason where I have failed in entrepreneurship and how you can learn from my mistakes.
Alright let’s get to it…
The number one mistake that entrepreneurs (myself included) have made is assuming that the project or business will be easier than it is.
There are so many unknowns that will pop up in time that demonstrate where you are wrong.
Another way to word this number one reason why most Entrepreneurs fail is the underestimation of the amount of time and money that an endeavor will take to just get traction.
Between product market fit and establishing Marketing and sales techniques that actually work plus delivering work that customers are actually happy about. There are so many unknowns when starting something new.
My recommendation for others would be to begin predicting that your endeavors will take longer than you think.
Also don’t be overwhelmed or sad when things don’t work out and also be realistic about how much things will cost.
Another very important thing for budding entrepreneurs would be to begin predicting that your endeavors will take longer than you think.
That’s it for today!
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