3
0 Comments

10+ learnings about entrepreneurship I wish I knew sooner 😡

Founding www.survey101.io [my first SaaS!] , I've found very early on, it can be a painful journey.

You feel lost.

You have ups and down most times you work on your project.

I couldn't find a cheat sheet of things to think about before my first startup.

So here it is.

Here are 8 learnings about entrepreneurship I wish I knew sooner:

#1 Making decisions is so hard, but a 'bad decision' outweighs no decision.

#2 Customers are king. Focus on them constantly to win in the short and long term. And teach everyone you work with, the same thing!

#3 Don't rush to grow and scale. Take your time to understand your customers, the market, and even your own product. Rushing will only hinder you later on in your business career.

#4 Competition is no bad thing. It's a sign that you picked a good market. So don't over think your competition and create your own.

#5 "What does success look like?" for people, product, processes, and everything else. A tricky question I'm yet to understand, but I'm working on it.

Personally, this is my biggest threat as a first time entrepreneur.

#6 There are a lot of ups and downs as part of the journey.

Just keep calm and move forward.

#7 Your "gut" can be more data (or experience) driven than most people would admit.

I don't have too much gut feel at the moment, it's still fairly early on for www.survey101.io but over time, I hope I can "feel" the answer faster.

#8 Feedback is a gift - so appreciate it every time. Give and seek feedback all the time, in multiple formats.

What learnings have you had as an entrepreneur?

Would you add any to this list?

on October 23, 2022