3 Mistakes I Made When Starting My Business

Your Dream Business - A podcast by Teresa Heath-Wareing - Mondays

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Key Takeaways Covered In The Podcast Everyone has a story. Everyone has to start somewhere. It’s important to remember that the greats in the world weren’t always that way. It’s all about growth! Sometimes, when disaster or loss happens, we have to shift our focus onto what makes us happy and fulfilled. Loss can also cause us to create our own path. My divorce led me to quit my current job out of dissatisfaction and start my own business which led me to where I am today. Be careful when choosing your business name. Using your own name could cause further consequences later on. It’s important to put thought into your business. You need to understand your goals, your services, your mission, etc. This allows you to be strategic and more fulfilled in your business. You don’t have to say yes to the things you hate to do. Think about your future. What processes or rules will you put in place for when you begin to grow? It’s easier to do this now than change your current processes in the future. The one thing you need to remember above all else… You’ll have people who don’t understand what you’re doing. Your own family might question your decision to start your own business. Find those people who will inspire you such as mentors or those knowledgeable in the industry. Find those individuals who will be excited about what you want to do, instead of those who question your abilities. Highlights You Simply Can’t Miss I never wanted to run my own business – 5:03 No money, no help and no job – 11:33 Mistake #1: I used my name as my business name – 13:16 Mistake #2: I didn’t think about my business – 17:14 Find people who inspire you and lift you up – 21:01 Mistake #3: I didn’t futureproof – 23:08 Links to Resources Mentioned in Today’s Episode The E-Myth Revisited Want the full transcript? Click to Download!