Key Start-Up Advice for 2022
- Ideas are the easy part. It’s the execution of those ideas that separate dreamers from doers.
- Have a growth mindset. How do we become bigger? How do we become better?
- The entrepreneurial life is not about expecting, hoping and wishing. It’s about doing, being and becoming.
- In the information age, knowledge is power. Never stop learning. Keep reading books and articles to stay ahead of the pack.
- We live now in an era where hard work is not good enough. You should be strategic and focused until you find your competitive edge.
- Choose your team wisely. Eagles don't fly with pigeons.
- It's all about execution. Two teams, same tools, same market, same opportunities will always have different results. Why? Executive skills.
- Mind that body. A healthy lifestyle is critical for great performance.
- Know your why. Passion is the fuel of the entrepreneur. If making more money is your main motivation, get a job.
- Cash is king. Cash is the oxygen of any business. Business fly on cashflow.
- Lead by example. Leadership is not a position or a title. It is a lifestyle and a way of living. Never become an arrogant airhead.
- At the end of the day, it’s the results that count. Tangible results, not ideas, or pipe dreams. Talk is cheap. Anyone can talk but only a few bring the results.
(Please add more tips below to advise a First-Time Entrepreneur)