I started working on my first real business when I was still in university. I say “real” because I always had little ventures going on as a kid, from running lemonade stands to selling stationary door to door. I have certainly learned some valuable lessons through my experiences and I am still learning.
The lesson I learned when that first business flopped was the hardest one. It was an epic fail that stung for awhile, but it also taught me some of the most valuable business lessons I’ve learned.
In the years since, with the wisdom I’ve gained, I can reflect on who I was and what I knew — and didn’t know yet — when I was starting my first business. If I could go back in time, here are the 10 lessons I would share with my younger, less-experienced self:
1. Your first attempt at this business is going to fail. But DO IT ANYWAY because you’re going to learn a lot that will make the next attempt very successful.
2. Don’t listen to the haters. A lot of people are going to tell you your ideas are stupid, you’re too young to start a business, you should get a real job, most businesses fail, and a whole bunch of other negative comments to make you feel small.
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