Skills and Experience
We all have a skillset
All of us are good at something. Many of us are really, really good at something.
Some of us, maybe even you, are dead set experts at something!
And those things that you are great at will be invaluable when you jump into business for yourself.
Very, very few of us, however, are great at all of the skills required to run a business! In fact, chances are that we will completely suck at many of the things that need to be done well in order to make a business run smoothly and successfully.
You’ve been doing this forever
Chances are you’ve been plying your trade for someone else for years.
It is tempting to think that, by simply doing the same thing in your own business rather than in someone elses, you are guaranteed to make it and all your dreams will come true.
If only it was that easy!
Your experience may be more vital than your skills
One of the most important apsects of growing a vibrant and successful small business is also the one of most underrated.
It is the life experience of the owner.
I can promise you there will be hundreds of times where you will need to fall back upon your prior life experiences in order to make the correct decicions in business.
Call it “gut instinct” or “intuition”.
Those with a broad life experience, in my view, stand a better chance of avoiding potentially catastrophic errors while developing their business.
If you think you may be a little “light-on” in wordly wisdom it will be even more important to surround yourself with mature people such as a MENTOR.
There will be gaps
No-one is awesome at everything. Doing some of the CRITICAL BUSINESS FUNCTIONS badly or even not at all, can leave your new venture horribly exposed and at risk of failure.
Think of a business like the wheel of a bicycle where each of the spokes represents one of the important tasks the business has to perform.
They might be sales, marketing, product development, finances, staff training, etc.
What would happen to your bike if several of your spokes didn’t connect to the rim?
I think you know the answer…
It’s no different in business. Get important stuff wrong and you will pay the price at some stage…guaranteed.
You don’t know what you don’t know
Back to experience again.
One thing experience teaches you is that you don’t know everything. In fact, especially if you have never been in business before, you will come to realise that you don’t know what you don’t know!
Hopefully, your life experience will prompt you to seek out various experts to help you at key times in your business development.
We call them your SUPPORT TEAM and they will be vital to your success in business.
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