5 things you must know before starting your own business.

5 things you must know before starting your own business.

If you’ve ever wondered whether starting your own business will be easy, my answer to you will be a resounding “NO”. I can guarantee you that.

However, that doesn’t mean that it is IMPOSSIBLE. Starting a business is one of the most rewarding things you can do.

That’s why I’m here to share with you the most valuable things I’ve learnt from my journey with Careerists.

1. Do what you love and love what you do.

If money wasn’t an issue, would you still be doing the job you are currently doing every day? Would you do it for free? If you answered yes to both of these questions, you know you’re passionate about what you do.

“For me, the passion of leading and coaching has always been the most important thing to me, I want to guide the next generation of leaders to inspire others to be leaders.”

Careerists is almost 3 years old, and I still get so excited being at the office every day, because I know I am making an impact every day.

2. Don’t expect doing everything by yourself (because you can’t)

It’s all well and good if you just want to experience how it is to do everything by yourself. It’s definitely a journey on its own.

“You’ll have plenty of room to grow, understand your strengths and challenges are very crucial and there are so many factors that need to be taken into account.”

When we first started Careerists, I pretty much had to do everything from marketing, admin, sales to networking – which I wish I didn’t have to.

It was actually very unproductive because by doing low-priority tasks, I was left with less time and energy to focus on the higher priority tasks. If there is a tip for anyone, I would definitely hire a virtual assistant. You can get one from overseas or local starting from $11 an hour.

3. You probably will start everything from scratch

I can guarantee that you’re not going to know everything when you first start your business but start anyway. Perfectionist is your greatest enemy, it’s something that sabotage any type of businesses.

I can’t count how many times I have changed my logo, marketing materials and website, not to mention the amount of spelling errors I have made.

“EMBRACE the mistake. It comes with the Entrepreneurs Package.”

Although, if you still have no idea what you should do with your business, I would advise to get yourself a coach or a mentor, because you don’t know what you don’t know!

Having a coach was the best investment I have ever made. I started investing in coaching during the first year of my business and it opened up more possibilities than I would ever have been able to find by myself.

4. Look for a collaboration

Money is not the only currency. Looking for collaborations, joint ventures and partnerships from the very beginning helps more than you could imagine.

Partnership will make you stronger, and help you to success even faster, because there will always be someone out there asking for what you have but be careful with who you work with. Make sure both of your values are aligned.

“Having a partner, whether in life or in business, the wrong one will drive you crazy and cause more problems than they help you solve it.”

I’ve been fortunate enough to find a partner that’s not only an amazing business partner, but also an amazing life partner.

5. Empty your cup

In order to be an entrepreneur, you’re going to need to be open-minded.

Of course, you’re also going to have to be extremely resilient and have the willpower to persevere when things get hard. But if you’re not willing to learn and relearn everything over and over again, you won’t get far. Mindset is everything.

To be honest with you though, learning is the best part of it. It’s fascinating to learn about yourself, your team, your partners, and most importantly your CLIENT. What you can do to help foster this learning is don’t take everything too personally with feedback and always have a student mindset.

I can’t count how many personal and professional development courses I have attended since I started this journey. Be prepared to invest in yourself and know that this will go a long way.

“Sometimes when you think you’ve got it figured it all out from the start, the truth is YOU DON’T. Whether it’s in life or in business, as you go along the way your branding, your business and your direction will start to evolve.”

Stay awesome,
Iris

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