15 Choices Entrepreneurs Won’t Regret
We make choices on everyday basis – some of them are not that important, others are major, but third can be crucial for the future of your startup. The way entrepreneurs take vital decisions determines the roadmap of their startup growth. Sometimes acting fast and trusting your gut can be the best thing you can do in order to avoid self-doubt; sometimes you need to plan and think and re-plan and re-think every small step. It depends on the situation and on your ability to make the right judgments.
There are many obstacles in front of every entrepreneur and most of the time the future of their startups depends on their personal decisions. Even though you are most likely to benefit from the wrong decisions if you have the ability to analyze them well and learn your lesson, there are some decisions you can make and be sure that you won’t regret them afterwards.
The decision to be brave
Entrepreneurs need courage if they want to be successful. Choose to be brave and to accept the challenges as opportunities, not as reason to give up.
Choose to rather fail than not to try
“Success is walking from failure to failure with no loss of enthusiasm.” Winston Churchill
Entrepreneurship is all about action. If you have this one great idea, but you never take a step ahead to turning it into business because you are afraid of failure, you may always wonder “What if”.
The decision to work hard
“The only place where success comes before work is in the dictionary” Vidal Sassoon
Nothing is easy. There is not even one person in this world that would say: Oh, my job is easy! And this is the way it should be. Lazy people can’t succeed; lazy people can’t turn their dreams into reality. Choose to work hard yet smart and you will never regret your decision, because when there is purpose the hard work always pays off.
The decision to trust others
Trust is very important in business. I am not saying that you should blindly trust every person that approaches you, but you should be able to trust the people that you have chosen to work with because, if they have joined you in your startup venture, most likely they have trust in you.
The decision to be honest
Honesty is very important in entrepreneurship. You should be honest not just with your team members, your partners, the investors, but, most importantly, you should be honest with yourself.
The decision to keep learning
Always aim to improve your knowledge, to learn something new and to put this information into great use. There is no need to know so many things as facts if you can’t use them. Read, listen what the people have to say and be eager to learn something new and valuable every single day in your life.
The decision to admit when you are wrong
One of the best decisions you can make along your way to success is to admit when you have made a mistake. Better accept the fact that you were wrong, learn your lesson and leave it behind, than to put so much energy and time into proving that you are actually right if you don’t truly believe in this. There is no time and place (and reason) for Ego fights in entrepreneurship.
The decision to accept negative feedback
You will have many people criticizing you along your way to success. Even after you feel accomplished there will be people who don’t appreciate your effort. Take negative feedback only when it is constructive and leave all the hateful comments behind. You don’t need to use your time for proving yourself in front of people, who don’t believe in you, who don’t understand you and who actually don’t matter.
The decision to ask for help
Many entrepreneurs think that they know it all and that they don’t need help. This is probably not true. Asking for help, when you need it, is not a sign of weakness; it is actually a sign of strength, proving that you understand that strong business is built with mutual effort.
The decision to plan ahead
Making plans is essential for every entrepreneur. This doesn’t mean that you are not flexible in your business approach. It means that you have specific goal and you are willing to reach it by following a plan so you will not fail to follow your vision and mission.
The decision to take vacations
Entrepreneurship needs devotion and is very time-consuming, especially for highly determined people who want to accomplish everything right away. The best decision you can make is to give yourself some time off, some time to clear your mind, to relax your body and to recharge. Decide that you need to take vacations and that you need to have a day off once in a while, so you can avoid burnout.
The decision to take care of your health
Many entrepreneurs let the stress overtake them and often from exhaustion they cannot continue working. If you decide from the very beginning that you will be taking care of yourself, that you will eat right, that you will exercise regularly and that you will try to manage stress, you are making favor not just to yourself, but to your business as well.
The decision to take responsibility for your actions
Many people tend to blame everything and everybody else for their failures, but themselves: the economy, the competition, the co-founders, the customers… Take the decision to take responsibility for your actions and for the course of your startup and you will feel that you have more control over the things that you can actually do something about.
The decision to be patient
Don’t fall into the trap of all these stories of overnight success. Behind every overnight success there are many years of hard work and efforts, many failures and many overcame obstacles. Take the decision to be patient in your business and you will never regret it.
Take the decision to follow your dreams
Live your life the way you want and remember: “There is only one success: to be able to spend your life in your own way.” Christopher Morley