If you had a time machine, what business advice would you give your past self?

Question

Accepted Answer

Learn about taxes.

Kevin Sem · Answer

If I could go back in time, I'd tell my past self to focus on the customers and validating ideas before investing too much time and money

I'd remind myself patience and perseverance are key, as success *rarely* happens overnight as we see from influencer

Charlotte Chiang · Answer

Get the mechanics ($$$) of the business clear. The best product in the world, even with a great distribution strategy, won't work if the cashflow is not sustainable.

Max Burns · Answer

- Focus on building long-term relationships with customers instead of just making quick sales. This will lead to more repeat business and a stronger reputation. - Always stay up-to-date with the latest technologies and trends in your industry. This will help you stay ahead of the competition and offer more value to your customers. - Be willing to take calculated risks in order to grow your business. Don't be afraid to try new things, but always be prepared for the consequences and have a backup plan in case things don't work out. - Never stop learning and improving your skills. Attend workshops and seminars, read books and articles, and seek out mentorship opportunities. - Finally, always prioritize the well-being of your employees and strive to create a positive work culture. Happy employees are more productive and loyal, and they will help you build a successful business. - https://www.ballsportspro.com/

Mehdi Rifai · Answer

Go and talk more to customers and understand the psychological dynamics behind buying a product

Ezzedine Cherif · Answer

Don't start a business company without a CTO, even if you can build an MVP alone. You'll need a tech vision, first.

Hello_Joy · Answer

@aespinoza Haha, definitely Bitcoin comes first! Anyway, I completely agree that starting to build in public is more important than I ever thought. Looking back, I would have focused more on increasing my influence in the community quickly

Peyt Spencer Dewar · Answer

"Release updates faster!"

Alex Espinoza · Answer

I would have told myself to start building a personal brand and making more connections with people. I didn't see it as important back then, but I realize now how many doors it can open for you.

Also, to buy all the Bitcoin possible when I first heard about it in 2010 before all the hype lol

Jordan Shlosberg · Answer

Realize how important the right people are! Something I intend on doing properly the second time around

Ryan T - Dezbor.com · Answer

@abhilash_k_b This is true, and most first time founders missed this

Heleana Grace · Answer

It's better to have a smaller, loyal customer base than a lot of social media followers who will never buy from you. Sounds like a no-brainer, but back then, my younger self really needed to hear this.

Answer

Comment Deleted

Active Kinetic 1 · Answer

The lottery number for the next year and exponential shares. Additionally I would explain in detail my energy innovation saving me 3 years work. https://ak1.co The lowest cost electricity technology is Active Kinetic 1. https://www.eventbrite.com/e/578... ONLY 5 DAYS LEFT TO THE WEBINAR!!

Justin Bassett-Green · Answer

mine BTC in 2010. Buy GME in Jan 2021. Y'know, the usual

If you had a time machine, what business advice would you give your past self?

Replies