Valuable Business Lessons For Entrepreneurs [Infographic]

Mona Freund https://www.zolo.ca 1m 292 #business

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

Photo by Brooke Lark on Unsplash

Whether you’re beginning a side hustle or creating a brand new business, starting off your journey as an entrepreneur can be a major challenge. It’s easy to feel lonely and lost when you’re your own boss and you don’t know where to start.

Thankfully, the science of entrepreneurship has been studied and practiced extensively, and we have some helpful business lessons to guide you as you’re getting started.

First, remember to build your network. It’s easy to think of fellow entrepreneurs as competitors, but it’s far more constructive to think of them as your teammates. Other entrepreneurs likely have expertise to share with you, and they may serve as excellent partners in the future if you ever need an investor or a teammate. Attend networking events and connect on social media to stay in the loop and develop practical relationships.

Second, you want to be a problem solver first. How do you think ridesharing apps came into existence? Someone paid attention to a problem that people had and employed creativity and innovation to solve it. New user problems emerge every day—will you be the first person to tackle the next one?

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Third and lastly, try to remain positive and confident. The entrepreneurial world can be tough and disappointing, especially when you’ve experienced a few failures in a row. Try to see your failures as opportunities to learn and grow, so that each attempt gets you closer and closer to your big success.

For more inspiration, check out this visual by Zolo’s on the top 9 business lessons you can learn from real estate investors.