4 Struggles and Lessons From My First Businesses (Episode 129)

Updated: August 15, 2022

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What you’ll hear in this episode:

In this episode, we’ll talk about entrepreneurship and share 4 little-known facts about starting a business that you should know.

These are the struggles I faced, challenges nobody warned me about, and had to overcome when I started my first few businesses.

Particularly, they are:

  • Your business plan can become obsolete.
  • Self-employment is a necessary initial cost.
  • Good employees are REALLY hard to find.
  • Marketing is essential no matter what type of business you have.

While these don’t cover all the challenges you’ll face when starting a business, these are the concerns that don’t get discussed often.

Excerpts and Highlights:

Unexpected things are bound to happen and you will need to adjust your business plan, or worse, make a new one.

I learned from a book the difference between the self-employed and the business owner. One works for the business, while the other lets the business work for him.

A person’s resume cannot guarantee his work ethics; even those who shine in their interview can be quite sloppy at work.

A continuous marketing campaign will not only allow you to reach new customers, but it will also establish your brand and keep the trust and loyalty of your clientele.

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