Edition: January 1st 2019, Written By: Russel Atwell
There is no wrong time to begin something
This is often misconstrued. You can start anytime. But you can’t launch anytime. In the world of business, timing is everything, and one ought to know one’s market enough to understand when it will be ready for a product or service. But that shouldn’t discourage you from already striving behind the scenes. It is why Hollywood injects strenuous effort determining when to release the next big picture (apart of scheduling conflicts, of course) after the heavy-lifting was done on set.
You must seek help or collaborate
Rare or frequent, some adopt some degree of isolation prior to revelling in the success of their inventions. From entrepreneurs such as Seamless Docs C.E.O. Jonathon Ende, to immortal authors such as Emily Dickinson, time has proven that defying expectations when no one believes in you, shares your views, or when no one else’s input is necessary to achieve the full potential of your creativity, going solo shouldn’t elicit discouragement. Advice and collaboration are not detrimental to success, nor should they hinder progress.
You need the relevant experience
Experience is subjective. Contrary to Personal Experience, Professional Experience is defined as an educational background with which ones is certified by an institution. Yet, time has proven it to be immaterial for many entrepreneurs.
A war veteran might successfully initiate and manage a foundation for other post-war veterans marginalized and experiencing difficulty integrating back into society. The veteran’s experience? His own background returning from battle only to feel out-of-place. In this scenario, the veteran’s survival of a post-war phase is the main driver of his entrepreneurship, not a sought-after degree in management or a predetermined professional experience acquired along the way. Thus, Personal experience in itself can be a sufficient motivator that drives someone to learn more about what they want, and how to achieve it.
The customer is always right
Originally coined by Harry Gordon Selfridge in the early 20th Century, the phase ‘the customer is always right’ isn't always the case in business.
In firms, the powers that be use it to persuade workers to provide clients an exceptional service, even at their own expense. However, the flawed philosophy is more likely to frustrate employees by giving clients unfair advantage over them, a quick way towards lowering employee morale. In many cases, especially in innovative, non-derivative industries, prioritising customers might be bad for business, as customers don’t always know what they want out of a technological future they can only imagine. As imagination and creativity are key to success, a product design and its associated risks are thus best left to the creator.