Start-up pitfalls to avoid early.

Be sure you like the town or village, and it can support your ideas.

Avoid the start-up pitfalls by getting off to a good start in a community you like. You can research by reading, the Internet and keeping up-to-date with business magazines and industry journals.

It would help if you also conducted market research through surveys. This will ensure you know what is currently available and what your target market wants and needs. What gaps in the market can you fill with the limited skills you have at this time?

Based on your research, you will likely come across your initial customers. What a bonus that would be. You might also uncover a better Business Model and people and organisations you can add to your value chain. Look carefully at the people in your life, and surround yourself with people of similar values who want to help you. You won’t need many; up to ten Centres of Influence is all you will ever need.

Build one brick at a time; don’t get ahead of yourself.

Building the foundations for change in your career is best done one brick at a time. If you want to see a difference in your future, you make a start by changing your mindset. It’s time to break free of your comfort zone and the status quo so you can manage your time and become a good bricklayer.

A brick can mean identifying one specific piece of your proposed business, spending the time to master it, and focusing intently on one aspect at a time until you’ve internalised it. As a bricklayer throws away bad bricks, you can throw away the bricks of negativity, fear, worry, overwhelm and anything else holding you back.

Find ways to improve your start-up success.

Improving your outlook or success opens doors to personal growth, more significant opportunities, and fulfilment. A positive mindset enhances resilience, problem-solving, decision-making and relationships while building confidence and purpose.

I have written a book on how I started my first business at age 23. It contains the good, the bad, and the ugly, covering my mistakes. Please don’t bury your mistakes; learn from them and others’ mistakes. If you would like a copy, go to https://faqsupport.com.au/

Quotable quotes.

“The best start-up business idea is one that matches your unique background, experience, and preferences with something people want and need. It’s about you and your customers, not the idea of a new business”. Peter Sergeant

“My mission in life is not merely to survive, but to thrive, and to do so with some passion, some compassion, some humour, and some style”. Maya Angelou

“Some young people start their first business while still at school, while others start their first business when they retire”. Peter Sergeant