Robbie Abed once worked as a marketing manager and had pretty good career prospects. However, he wanted to become an entrepreneur, so he quit his main job, opened a business and ... got burnt. Then he again got a job in the office, already in a leadership position, and again after a while left the post to return to business. Again, his startup crashed. And again, Robbie got a regular job.
Abed called this phenomenon the "boomerang of the entrepreneur." Once having been in the role of a businessman, you can no longer stop. You won’t believe it, but Robbie quit his third job too and launched the startup again, but this time he was successful. And all because he analyzed previous mistakes and drew certain conclusions. Now he shares secrets with beginning businessmen on how to prevent a startup crash.
Know that the business will develop successfully and without your full dedication
It sounds paradoxical, but the expert claims that it really is. Many entrepreneurs make too much effort to develop the project and forget about other areas of life. In fact, not only work makes us successful and happy. There are many other factors: family, friends, hobbies, etc.
For your business to develop successfully, you need to work for your pleasure. Enjoy communication with a team of professionals, enjoy small victories, earn as much as you need for a comfortable life. Do not become a hostage to money and do not pursue wealth. Only when you do business at your pleasure, you will succeed.
Remind yourself that you have time
Now there are many millionaires who made themselves. We often hear stories about how a nineteen-year-old got rich. However, this is an exception to the rule rather than an existing trend. The average age of an entrepreneur is forty-five years. Which is also quite logical, because by this age a person has accumulations, savings. Simply put, startup capital for launching a startup.
So the next time you think that you are very old for business development, remember these statistics. Did you know that Colonel Sanders founded the KFC fast food chain at sixty-two? That's it.
If you are already young, then this is only a plus for you for the simple reason that you have both everyday experience and work experience. Surely you built your career in various fields and came across various industries. All that remains for you is to summarize and systematize the accumulated knowledge and understand where it is best to apply it.
Take time out
Entrepreneurial activity exhausts physically and mentally. In just a year of work, you can feel completely exhausted and exhausted. However, you should not give up and give up. If you feel that there is no strength to move on, be sure to take a timeout. If one startup burns out, do some work on the bugs and consider opening the next one. Remind yourself once again that you have time and that all people make mistakes. This will teach you stress resistance.