What are the biggest learnings from running the business?
Business Marketing with Nika
16 replies
Each of you runs a business in a slightly different industry and throughout the time you could observe some specific things related to your entrepreneurship.
What were the biggest learnings when you faced challenges? 👀
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The most significant learnings for me:
1️⃣ People do not wait for you – they probably do not even care so you need to be as close as possible to your possible customers and "catch" their needs.
2️⃣ Try to have the best possible product that solves the problem and touches the relevant people – your relatives and friends may support you but they will do it once, or twice but that's all. (AKA regret will not save you.)
Replies
Andreea S.@andreea_staicu
Surfsite AI
One of the biggest learnings is the importance of adaptability. Things don’t always go as planned, so being flexible and ready to adjust has helped us stay on track and grow. 🔥
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@andreea_staicu True. Most of the time it is fake it till you make it. :D
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@andreea_staicu Agree. You have to be open to pivot and not fall in love with your idea so much you aren't open to being flexible.
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Great points! One of my biggest learnings is that adapting quickly to feedback is essential. While it's crucial to develop a strong product, being able to pivot or refine based on real customer needs can make or break success. It’s all about staying connected to your audience and evolving with them.
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@tiberiu_arva + receive feedback ➡️ improve iterate ➡️ push it ➡️ receive feedback and ➡️ repeat in a loop 🔄
Opencord AI
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Lower your cost, keep your chin up but head down to build good product, and connect with authentic builder. In this macro economy, stay alive is important.
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@kellyann3644 it is a fact that when you run a business, you do a difficult thing. You need to be optimistic to move the rocks.
I would say it's just pure resilience. Not giving up or getting discouraged when things don't go as planned. Learn from your mistakes and try again!
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@nathancovey true. You need to stay persistent and show up every day :)
Flow State Training
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You need to be persistent with your efforts and constantly work on motivating yourself.
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@vaibhavdwivedi It is hard tho :D
Flow State Training
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@busmark_w_nika Let's join hands to hold each other accountable then :)
One major lesson is to focus on the long game. Quick wins are great, but consistent effort and patience are what really drive sustainable growth.
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@idowbmarc This is gold what you have said rn!
Couldn't agree more! Staying nimble is key. Another huge learning for me was the importance of really obsessing over hiring A+ talent, especially early on. The first 5-10 hires set the bar and culture. Compromising there to save a little time/money always comes back to bite you. Hire slow, fire fast is real!
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@matthewdavidharris That reminds me: Try to surround yourself with the best possible people (in some aspects better than you are) so you can grow faster. It is a win for one's personality. :)