Most Important Things I learned in The Initial Months of Starting My Company - Anek Bedi

1. Most Important Things I learned in The Initial Months of Starting My Company - Anek Bedi It goes without saying that launching a new business has unforeseen difficulties and obstacles to overcome. Apparently, I believe it's important to recognize achievements of all types. However, being in business for the initial three months is certainly one of them. I left my corporate job and started Virtual Oplossing in 2014. I was eager to start a business as a young entrepreneur, and it's been amazing so far! But along the road, I have undoubtedly learned a lot. Here are five key obstacles that my startup faced in its first few months, despite my best-laid plans and preparations. Being prepared for these in advance is a winning strategy in business. Top Things To Consider In The Initial Months Of Business

2. You need to be multi-tasking and need to plan ahead I became our marketing strategies team, accountant, web developer, and much more since starting the company in addition to doing what I do best—recruiting! I'm hoping to be able to start hiring people in the upcoming months to assist me in these areas where I fall short. Fortunately, I have a knack for the organization (much to the chagrin of some of those closest to me), which has helped me manage the various hats I have worn since starting the firm. I still use a paper diary and make an effort to plan calls and appointments in advance so that I can successfully set priorities. Never stop learning but don’t let it consume you I developed an obsession with business and entrepreneur blogs during the course of that four months of study and company planning. I poured over information on how to create a business strategy, attract clients, define your niche, etc. for hours. There is a tonne of free material available, so it's crucial to read up so that you and your company don't go stale. It never ends with blogs, books, podcasts, and articles! I continue to hold that belief today. However, the abundance of information makes it simple to get lost. I used to feel useful after an afternoon of "research," only to later realize that all I had done was read about other people's accomplishments. It's crucial to consume other people's content if you want to learn and expand your business, but not to the point where it inhibits your own development. My new self-imposed rule is to create before consuming. Never be afraid to ask It's acceptable for a business owner to not have all the answers. None of them do! But it's not okay to let your reluctance to extend yourself prevent you from developing. Nowadays, practically you can find ANYTHING on Google, so there's really no justification for dismissing an idea because "I don't know how to do that." FIGURE. IT. OUT. Ask a stranger who is more successful than you, Google it, or call a friend—they'll be flattered—if they know. This rule applies to finding new customers and learning about your business. I would have around one customer if I just contacted those who were actively looking for social media and copywriting assistance. Do not be afraid to approach them and do not believe that any dream customer is out of your grasp. Put your horse in the race with assurance. No is the worst thing they could say!

3. It’s difficult to stay motivated Surprisingly, I discovered that this was the challenge I had to face most while starting the company. It is quite different when you start working for yourself since you might not be getting paid and you don't have to answer to anyone. I have always worked for other people and truly adore what I do, so I have never battled to keep motivated. You are the only source of inspiration, and your vision for the company is what drives everyone. You are basically beginning from nothing, but once something good occurs, the "wins" are much bigger when you know you and you alone were responsible for creating them! Done is better than perfect I have to tell myself this 19 times a day on average. Don't get me wrong; doing work that will make you, your clients, and your company pleased is SO vital. Additionally, when your company is "your baby," feedback on your efforts feels much more personal. Some people including me struggled with that for a few weeks and spent half my day laboring over anything I produced. Avoid doing it! Finish a project, put it aside, and then proofread it. Turn that -ish in then! Because perfection can never be fully achieved, done is preferable to perfect. Final Thoughts When I first started a new business, I made a lot of initial projections, but I soon realized I was vastly mistaken in my assessments. Everything was more difficult than I anticipated. Although I'm used to working hard, nothing has ever come close to the experience of launching a business. It was difficult to work twelve-hour days seven days a week for nearly the first year and to only take occasional weekends off for the first four years. It was a huge burden to carry to balance working long hours to keep the business running smoothly with making time for my family and personal well-being. You can't plan for the mental tiredness that comes from working so many hours a day, every day, along with the stresses you can't really talk to anyone about and the guilt of being at work while your partner and child eat supper at home alone. I've also had my best years throughout that time. Also, I made myself prepared to face all these things patiently. Therefore, it became a winning strategy in business for my companies Virtual Healthcare and VO Logistics. Moreover, if you want to know more about entrepreneurship, business marketing strategies, and more stay tuned to Anek Bedi's blogs.