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How Not to Screw Up Your Startup Business

7/13/2015

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macswomen, business, advice, startup, entrepreneur
Many startup businesses fail because most entrepreneurs running them get stuck in the startup phase, not knowing what to do next to bring their business forward. 

Here are some simple reminders to help startup entrepreneurs achieve success in their ventures:

  • Understand your customers’ psychology. Know what drives and motivates your customers to behave as they do online or towards your business. Knowing how to communicate with your customers, and showing them that you understand their needs more than anyone else is very crucial in building a strong relationship with them. 

  •  Research, learn, and research more.  Many startup businesses fail because people believe they know enough. A true entrepreneur never knows enough. There are always new things to learn, new strategies to adapt or new business plans to implement. 

    Knowledge is crucial because it gives you clarity, and if you have clarity you will always see the big picture in front of you.

  •  Focus on the big picture. You will always be motivated if you never lose sight of the main goal you have for your business, the big picture. If you focus on your main goal, every single decision you make will steer you towards that goal.  

  • Be motivated and confident. How motivated you are will depend on your confidence level. When you are confident that you can do a good job, you do a better job, hence making you feel accomplished. And when you feel accomplished and good about yourself, you will be motivated to work more and do more.

  • Test, execute and test again. Success in business is about testing of strategies, sticking to those that work, and testing again to see how you can improve those strategies. 

Over to you..

If you have anything to add, feel free to comment below. The MACsWomen community would love to hear your thoughts.


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