Starting a business is tough work. There are countless obstacles that stand in your way of fulfilling your entrepreneurial dream. Let’s analyze what you cannot do in order to achieve success!
Some mistakes related to our personality can easily lead to negative cash-flow, stuff rotation, accounting mistakes, lack of plan and strategic thinking. But remember if you are an entrepreneur – all in your hands and I hope after reading this article you will never face these obstacles.
Mistake number 1 - Being lazy and procrastinate
If you are lazy your business would never survive. Startup is countless hours work before successful business, there is nobody who can replace you and do things instead of you. Of course, you can delegate tasks to your stuff, but before you have a staff what would you do? And what about responsibility? It all falls on only your shoulders until.
So before start ask yourself an honest question? Are you ready to work countless hours, are you ready to constant extra-things? Because being a leader is always one thing extra – what would differentiate you from others. Its constant battle with yourself. And if it still sounds attractive for you then go for it! If no, you might haven’t found a niche that really your passion.
Mistake number 2- be afraid of making mistakes
A person who afraid of mistakes never risks, never takes decisions, never acts because they are afraid of failure. We need to understand that a failure can be our best friend, only after failure we start to reflect, analyze, we look deep inside, then create alternative solutions that can be genius! Don’t be afraid of mistakes just do it, you will never know what you will face during your way.
Mistakes number 3 – arrogance and inflexibility
Business is a way where you always have to learn. It’s not static It is dynamic, what means that you can encounter unpredictable situations where you have to adapt and come up with immediate solutions. Market and economy change, there is high picks and crisis, trends are changing as well so you have to take into consideration all that.
Arrogancy can lead to terrible mistakes due to overconfidence in yourself, thinking that you already know too much. There is never too much, there is always a lesson to be learnt, especially from other people. Listen carefully, take into consideration all opinion and chose your strategy wisely.
I hope this guide will help you in your way to successful startup! Do you have any ideas about mistakes that can kill your success? Share it in the comments below! If you have your question, please write it below, I would be glad to answer your questions or to introduce your project to my team at Astorts Group to be evaluated.
Alessandro Rocco Pietrocola is an entrepreneur and investor based in London and operating mainly in Europe, Asia and Oceania with main focus on UK, Baltic Countries, Russia, China, Hong Kong, Malaysia, Singapore, Middle East and New Zealand as area of interest! At the moment is the Ceo of Astorts Group. He is an UK FCA (Financial Conduct Authority) Approved Person and is has great experience as director of regulated companies. He uses to dedicate part of his life to inspire others and help them achieve the most out of their life. Since he was 20, he had successfully founded and managed several companies operating in the field of management consulting, wealth management and fintech.
He loves travelling, he is a cigars lover, an amateur golfer and a dapper man.