Career Planet
    Facebook X (Twitter) Instagram
    Career Planet
    Facebook X (Twitter) Instagram
    My Career
    • Home
    • I’m unemployed
    • Training
      • TVET Colleges
        • TVET training
        • TVET grad-zone
        • TVET news
      • Private Colleges
      • Universities
      • Universities of Technology
      • Training Providers
      • Training Options
      • The SA training landscape
      • Financing Your Studies
      • Bursaries
      • Online Books
    • My career
      • Career planning
        • Tools 4 school
      • Job Descriptions
      • Entrepreneurship
        • South Africa needs entrepreneurs
        • You are not alone: business coaching, advice & support
        • Business development support
        • Tips and tools for entrepreneurs
        • Career Planet entrepreneur showcase
        • Support for business growth sectors
      • Working world
        • Get workwise
        • Women @ Work
        • The future of work
        • Diversity @ Work
    • Job Description
    • Personal Growth
      • 1 Minute Finishing School
      • The world is my classroom
      • Body, Mind & Spirit
      • Personal management
      • Personal branding
      • Parents & guardians
    • Opportunities
      • Free skills training
      • Learnerships
      • Apprenticeships
      • Bursaries
      • Internships
    • FAQ
      • Industry access focus series
        • 1. Welcome to the world of BPO careers
        • 2. All about BPO
        • 3. BPO Job descriptions
        • 4. BPO skills development
        • 5. Is BPO for you?
        • 6. BPO Job opportunities
    • Artisan careers
    Career Planet
    Pic: Pexels
    Tips for entrepreneurship

    Top 10 lessons in entrepreneurship

    Career PlanetBy Career PlanetUpdated:No Comments4 Mins Read

    by Shama Hyder award winning CEO of The Marketing Zen Group and author of The bestselling book, Zen of Social Media Marketing

    1. Don’t be afraid. It can be scary to start a business

    There are a lot of variables and unknowns, but it doesn’t have to be a frightening experience. Take the time to plan it out, do your research, get help, and learn from other people’s mistakes. Ask yourself, what is the worst that can happen? Often what scares us the most is our own judgment.

    1. Get adopted. The younger you are, the better this works

    I had a professor who once told me that the best thing about being a young entrepreneur is that you can get adopted! People want to mentor and guide you. Most see you as the future, not as a threat. I’ve found this to be very true, and have always been grateful for the support of my community –offline & online!

    1. Leverage technology

    Technology continues to get cheaper and more user friendly. It has removed barriers, and flattened the marketplace. You can compete with the biggest of companies by leveraging what is available out there for you in terms of technology.

    1. Think globally

    As an entrepreneur, you are no longer bound by physical boundaries. Even if your business is local, you can generate a global following. I recently learned about a business in Singapore called “Awfully Chocolate.” And, as a chocolate lover, it is on my list to visit when I go there!

    1. Your age is an asset

    No matter your age, it is an asset, not a liability. If you are older, you are a seasoned professional. If you are younger, you have a unique perspective to bring to the table. When I first started my company, I did not disclose my age. I felt it would undermine our good work. But then I realized that clients were seeking us out exactly because they wanted to work with a “young & hip” company. They wanted someone who understood technology as a first language. I was amazed at this revelation.

    1. Hire by trial

    Perhaps the toughest part about being an entrepreneur is that you can’t do it alone. You have to eventually hire a team. I recommend hiring by trial. No resume, no cover letter, no interview can ever take the place of actually seeing someone in action.

    1. Find a lawyer

    I never realized what a huge role legal plays in a business. And, I’ve been lucky enough to marry one of the smartest attorneys in the world. If you aren’t married to an attorney, no problem. Befriend one! Find a great business lawyer, and make them a true partner in your business. They are trained to see things that you can’t.

    1. Listen to your marketplace

    Perhaps the greatest lesson you will learn as an entrepreneur is the ability to listen and respond to your marketplace. When I first started The Marketing Zen Group, we only offered consulting services. But, very soon, we saw that our clients were frustrated when they didn’t have the right resources to implement our recommendations. We then offered to take over their web marketing for them, and business has been booming since.

    1. Invest in what matters

    Bootstrap the rest. Invest in bettering your services, hiring the best, and marketing. You don’t need a fancy office. You do need to know what you are doing, and a competent team to help you do it. Don’t negotiate with your vendors on price. Negotiate on value. Make them feel like a part of your team.

    1. Less money is better than more money

    This may  seem like strange advice, but it is true when starting out. As you grow your business, this changes. But, if you are just starting a business, it forces you to be more creative. And, at the end of the day, entrepreneurship is really an exercise in creativity.

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Career Planet

    Related Posts

    Do you have the strengths & skills for entrepreneurship?

    BLOG
    Home page news

    What is Cloud Computing?

    By Team Career Planet Home page news
    Home page news

    From Grade 9 to PhD through TVET College.

    By laeniadmin Home page news
    Home page news

    Emerging markets must embrace the power of crypto.

    By Team Career Planet Home page news
    Home page news

    The new Tourism pioneers.

    By Team Career Planet Home page news
    Home page news

    Arts vs Maths in the 4th Industrial Revolution

    By Team Career Planet Home page news
    About Us
    About Us

    Career Planet is a Section 21 (not-for-profit) company and believes in connecting young people with opportunities for FREE through our website and on their cellphones!

    Career Planet is a registered PBO (No. 930025803) that has been helping young people with career advice and access to training and opportunities since 2008. Our operations are funded through a combination of donations and sponsorships that offer a return on investment.

    NPO number: 129-906
    PBO number: 930025803

    Quick Links
    Home
    Job Description
    Your career
    Working world
    Training
    Entrepreneurship
    Personal Growth
    Opportunities
    FAQ
    Contact us
    Newsletter Subscribe
    Subscribe to Career Planet
    Loading
    Copyright © 2021 Career Planet. All rights reserved. Website - evoDev.  Maintenance - Dezigner Lane.
    • About us
    • Terms and Conditions
    • Privacy Policy
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.