ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Business and Employment»
  • Small Businesses & Entrepreneurs»
  • Entrepreneurship

How to Succeed at Starting Your Own Business with these 8 Tips.

Updated on April 6, 2017
Anishpat profile image

Anish Patel is a writer film maker and CEO of HopMotion Animation

How to start your own Business
How to start your own Business | Source

You could have a cushy job with paid holidays and health benefits; and if that’s what you want, it’s perfectly fine. But for those of you with a fire in your belly and belief in an idea that you think can add value to the world, starting up is the way to go. Some of the largest companies today like Amazon and Facebook were startups little over a decade ago. The number of exciting startups mushrooming all over the world has seen a sharp increase in the last few years.

It’s easy to get swept away with the start-up wave with little idea about what’s in store. Having said that, going on your own is extremely important today and in many ways easier than it was a few decades ago.

It’s easy to look at the many successful startups out there and think that the picture is all rosy. But remember this, it takes a lot of will power and mental fortitude to survive and ultimately thrive in this playing field. We look at successes and seldom see what goes into making them.

Well! Here’s a peek into what it takes at least according to me. These tips have worked for me so far.

Tip # 1. JUST DECIDE

Deciding to jump into the start-up world is no less than an adventure sport. Yes, in real life there’s no harness or parachute to protect you from a nasty fall. The toughest first step is “just deciding”. But once you do, once you pick the door and walk in, you’ll do anything to pave your own start-up way. The same is true while taking business decisions as well. Diligence is a must, after which, make a decision. Don’t worry yourself sick or doubt yourself about whether or not your decision will be proved to be the right one. It’s more important to make a decision rather than to make the right decision. Once things begin to roll, you can always course correct later. First decide, then make it right.

TIP # 2. NEVER GIVE UP

Starting up your own venture can be exciting and while it doesn’t have the constraints of a regular job, it does come with its own share of insecurities. The tide will be rough most often than not. You’ll face monsters and demons, unexpected and new to you. Everything from raising funds, getting and keeping clients, hiring the right people to something as simple as figuring out what snacks to stock up the office pantry with can be exhausting. The sheer gumption it takes to convince someone of your business idea requires grit and tenacity. No matter how tough the course, stick to it and finish what you started… NEVER EVER GIVE UP. This is one of the most important tips especially when the chips are down. Follow what Martin Luther King Jr. once said “If you can’t fly, run. If you can’t run, walk. If you can’t walk, crawl…” but whatever you do it’s important to not give up and keep moving forward. And so it is for start ups, it is important to keep moving towards your goal.

TIP # 3. NEVER STOP LEARNING NEW THINGS

The best thing you can learn is how to be a quick learner. You are your own teacher in the start-up world and there will come a time where you may have to learn things you may not necessarily enjoy learning at first. The thing about learning a new skill is it is very difficult at first and you might feel like you can’t do it. You may feel like you have to scale a ten foot brick wall that you keep sliding off of. But the idea is to stick with it and practice the new skill everyday. And before you know it, it will actually become easier for you to do. So the secret here is that practice is key in learning new things. Of course finding the right teacher does not hurt either.

TIP # 4. FIND CREATIVE SOLUTIONS

FIND CREATIVE SOLUTIONS: Yup there’s no safety net in a start up so the chances of you getting bruised and battered are plenty. When you get down, don’t get out, get creative instead. JUGAD is a favorite term in the Indian lexicon and it’s the most appropriate term for a startup environment. Don’t mope around for that next round of funding to come through or that next big client to green-light that dream project. Putting everything on hold till you have the resources to do it is not an option. Instead keep your eye on the goal and come up with creative solutions to get there. Don’t wait for the time to be right, start in a small way and try and make what you want, with what you already have.The seconds are running out! You don’t need to have a huge budget to make a super entertaining film, what you do need, is tons and tons of creativity.

TIP # 5. BE YOURSELF

In other words find what works for you and what you are comfortable with. The world already had one Steve Jobs, it doesn’t need another carbon copy turtleneck spotting entrepreneur. Learn from other entrepreneurs, but don’t copy them. Do what comes naturally to you. At the same time strive for improvement by taking in honest criticism and feedback. Being yourself and keeping an open mind will get you far and long.

TIP # 6. ONCE IN A WHILE, TAKE A BREAK

Starting up on your own will surely squeeze out every last hour you have. But do not forget you are no machine. Even computers need breaks, it’s called rebooting. So while you boot strap your way through your business venture don’t forget to reboot yourself every once in a while. That much-needed break might just give you a fresh perspective on that problem you were stuck on.

TIP # 7. DON’T IGNORE YOUR HEALTH

This one goes without saying. With all those hours that you are going to have to put in to get your company on its feet, it’s easy to ignore your health. A bad habit here, some binging there, lack of exercise could all seem innocuous in isolation but could snowball into something deadly. Being healthy is what will allow you to work harder and smarter. Getting regular exercise is the key. Our bodies were not made to hunch over a computer all day. Running, cardio, jogging or swimming anything will do. Even walking up and down your office floor for half an hour a day could make a world of difference. Exercise Everyday!

TIP # 8. SHARE YOUR KNOWLEDGE

The internet if you wish could be a school in itself. The resources and learning tools available to you on the internet are endless, be it in the form of videos or articles. Pick any topic you like, especially starting up and you’ll find yourself soaking in knowledge from the best in the business. What you gain from the knowledge of your mentors and how you put it to use, however, is totally up to you. The culmination of this learning will lead to a unique experience which then makes it your duty to push that acquired knowledge forward. Put out your unique experience and share it with the world, so that another young entrepreneur can benefit from it. DO unto young entrepreneurs what the internet mentors did for you. And that’s how with this open exchange, this ever expanding pool of knowledge and experience get bigger and better.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)