Experimenting & Testing: The Key to Entrepreneurial Success
As a passionate entrepreneur, I'm sharing my journey of starting a new company, experimenting with new ideas, and overcoming common pitfalls like fear of making mistakes.
- 1. Speaker is starting a new company and hired a stylist to help her with her image.
- 2. Starting a business involves experimenting, testing, and receiving negative feedback.
- 3. Fear of failure and rejection can prevent people from starting a business.
- 4. Our comfort zone can limit our potential and success.
- 5. It's essential to be open to criticism and use it as an opportunity for growth.
- 6. Building a team and seeking mentorship can help overcome challenges and fears.
- 7. Surrounding oneself with like-minded people can provide support, motivation, and inspiration.
- 8. The speaker had previously outsourced the development of a product without testing it first, which resulted in wasted time and money.
- 9. Now, they are taking a different approach by running a basic test to see if people resonate with the idea before investing too much time and resources.
- 10. When starting out, it's important to focus on seeing whether people actually need and would buy the product or service being proposed.
- 11. Before running a test, determine what success looks like, such as conversion rates or minimum purchases, based on your gut feeling and goals.
- 12. The speaker encourages aspiring entrepreneurs to try GetResponse, get to their customers as soon as possible, and connect with like-minded people.
- 13. Starting a business can be a lonely journey, especially at the beginning, but surrounding oneself with support can help.
Source: Silicon Valley Girl via YouTube
❓ What do you think? What is the most important question you should ask yourself before starting a new business venture, and why? Feel free to share your thoughts in the comments!