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New Entrepreneurs: 3 Massive Mistakes That Keep New Entrepreneurs Struggling
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New Entrepreneurs: 3 Massive Mistakes That Keep New Entrepreneurs Struggling
New entrepreneurs often find themselves struggling. It may be difficult to get clients, get noticed, and get paid in the noisy world of commerce. This episode of My Biz Dream Team: Opportunity Wednesday Training Series will discuss the three massive mistakes that keep new entrepreneurs struggling.
- Mistake #3: Failing to Focus
- Mistake #2: Failing to Plan
- Mistake #1: Failing to Take Action
Why is it Important for the New Entrepreneur to Stop Struggling?
- You will be discouraged.
- You may have to go find a job.
- You will crush your dream of having a successful business.
What Would Happen If the New Entrepreneur Stopped Struggling?
- You would be hopeful and happy about your prospects.
- You would feel great because the people you want to serve are hearing your powerful message.
- Your business is growing.
Failing to Focus
As a new entrepreneur you must focus the attention of your business. You must have (1) an inward focus for self awareness, and (2) a focus on others to develop empathy and to build social relationships. This type of focus shows that you have emotional intelligence. The third type of focus is on the wider world. This type of focus allows you to develop strategy, be innovative, and manage your business.
Failing to Plan
As a new entrepreneur you must plan for the future. You must be sure to consider: (1) the viability of your business model, (2) the strength of your client base, and (3) how you will reach your ideal client. Of course, you must make financial projections and monitor them.
Failing to Take Action
As a new entrepreneur you must take action. Until you take action all your plans are meaningless. It is often the fear of failure that stops you from taking action. But with the proper mentor and training you can begin to take action. With the right mentor and training you can accelerate the growth of your business.
Resources
Daniel Goleman, Emotional Intelligence: Why It Can Matter More Than IQ
Daniel Goleman, Focus: The Hidden Driver of Excellence
The Strategic Pathway to Success Program
Final Thoughts
As a new entrepreneur you can continue to struggle. Or you can begin to make your dream of becoming a new and successful entrepreneur by doing the following:
- Focus
- Plan
- Take Action
We have included a few resources to help you in overcome your struggles. We have included two insightful books by Daniel Goleman. Also, contact us about our comprehensive training and mentoring program: The Strategic Pathway to Success Program