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7 Myths About Starting A Business I Used To Believe

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7 Myths

There are some people who can sell you sand in a desert. I’m not one of those people.

I’m not a natural entrepreneur. I did not set up lemonade stands on summer days as a kid, and I did not sell anything until I hit college.

My dad held the same government job until his retirement.

The fundamentals of business that come so easily to so many entrepreneurs took me months and years to grasp.

Unsurprisingly, I believed a lot of myths about starting a business. These myths kept me from taking the plunge sooner.

Today, I want to dispel some of these myths.

 

Myth #1: You need to be business smart to start

In undergrad, I studied English. Then, because I love being unemployed, I followed that up with a Master’s, also in English.

So when I say I don’t have any business skills, I’m really not kidding around. I can analyze a Shakespeare sonnet, but hand me a business plan and I’ll look dazed and confused.

This is important to remember. Entrepreneurs, like writers, do a lot of myth-making.

There is a pervasive myth that you need to be some sort of entrepreneurial genius to start a business or have an MBA and years of business experience.

The truth: anyone can start a business. Anyone!

To create and transact is as fundamentally human as sketching stick figures on a cave wall or falling in love.

Most of the knowledge you need to start a business is easy to acquire. Much of it can be learned on the job.

I’m not saying that an MBA or years of experience won’t help. They will, But the average person reading this doesn’t need them, at least not at the start.

Business experience is good to have, not a need to have.

Learn to identify between the two. It’ll save you a world of trouble later.

 “If you are the kind of person who is waiting for the right thing to happen, you might wait for a long time. It’s like waiting for all the traffic lights to be green for five miles before starting the trip.” – Robert Kiyosaki

Myth #2: You need a flashy website, office, or business card

No, no you don’t. I got my first two clients without a website.

I straight up emailed them. Something like, “Hey, you don’t know me, but your blog sucks. I’ll make it better.”

I was shocked by how many people responded. I had no website, no references, nothing.

What I had was a willingness to start a conversation. You’ll be surprised how far that can take you.

Even now, my website is just a single page of plain text, nothing fancy. I want to make it bigger and better, but that can wait.  Just like the office and the fancy stationery.

 

Myth #3: You need money to start a business

This is true. Then it’s not. It really depends on your business.

You’re not going to start an airline without cash, but you can start a service business.

Anything small, simple. Something that requires only one investment. That investment is time.

Think about some of the most successful service businesses: building a website, writing a blog post, mowing someone’s lawn, taking care of someone’s pets/kids.

Doing any of these professionally doesn’t require a lot of initial investment. Perhaps a domain name and a web host at most. That’s about $15.

Surely you have $15 to spare?

 

Myth #4: You need to have a lot of contacts to start a business

I stalled starting a business because I was convinced you need to have tons of contacts to start.

But I’m an introvert. Networking is alien to me. I walk into a room and freeze.

So I stopped networking. Instead, I started giving.

I found my first client by giving something away (a slide share presentation, made from one of her blog posts) for free.

I did not ask anything in return, but when she needed someone to help her repurpose her content, she turned to me.

I made my first friends online like this. A couple of these friends turned into clients.

It’s a powerful idea. It isn’t transactional. It doesn’t assume a ROI.

You give something because you feel it will add value to someone’s life. Sometimes, that value will come back to you tenfold. Sometimes it won’t, but that’s the very nature of giving.

“Chase the vision not the money. The money will end up following you.” – Tony Hsieh

Myth #5: Your business needs to be perfect before you launch

You don’t need perfection. It’s a good aim to strive for but it can often be a crutch. A crutch that keeps you from launching.

Forget about perfection. Instead, embrace the pivot.

Right now, as I type this, I have a huge whiteboard in my room filled with business ideas.

Some of these are service ideas. Some of these are product ideas. I won’t work on 95% of them but that doesn’t matter.

What matters is that if business A doesn’t work, I can always pivot to business B, C, D, E, or F.

That’s the good thing about being an entrepreneur. Your first iteration of a business doesn’t have to be its final iteration.

There is tremendous room to change in-between.

In other words, build the business you can build today, not the business you want to build tomorrow.

 

Myth #6: You need to be an expert to start a business

Being an expert is great. It means you have knowledge about a narrow topic. You can often sell this knowledge for cold hard cash.

There is one problem though: becoming an expert requires time. Lots of time.

I’m lazy. I’d rather start a business today than spend years becoming an expert.

So I took the anti-expert route. I figured out what problems people had, then I offered them my help for a fee.

I learned how to solve the problem along the way, or hired someone else to do it.

It’s just a faster way to do things.

7 Myths
 

Myth #7: You need to master branding, positioning, marketing, advertising, accounting, and hiring to start

Before I’d even started a business, I worried about hiring the right people. I wondered where I could find the right people.

Then I wondered whether they would even join my company.

When I got over my hiring worries, I worked myself up into a fit over keeping accounts.

Never mind that I did not even have a business yet, or any revenue.

Before launch, I fretted over branding. I worried if my logo looked good, or if the orange on my site was too bright.

In hindsight, all of these are trivial things. Logos can be changed, accountants can be hired, and people will work for you if you pay well and give them interesting challenges.

 

The only thing you need to do is go out there and build.

What myths are stopping you from building your business?

Puranjay Singh is passionate about helping businesses grow their traffic and revenues through content marketing. He currently runs http://growthpub.com where he helps startups create world-class content for their blogs. You can follow him on Twitter @puranjaycom

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The Truth About Marketing Every First Time Founder Should Know

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While starting your own business is an exhilarating experience, many start-up founders struggle with successful marketing more than any other area of business. So if you’re thinking about starting a business, here are some of the key things you need to know about marketing before you take the plunge. (more…)

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Lessons I Have Learned About Scaling a Business as a Startup Founder

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When I set out to start my own business three years ago, I never imagined bright lights and private jets to New York or Shanghai for business meetings. Good thing I didn’t because it is nothing like that at all. It was a struggle from day one and I had to embrace the grind to grow. (more…)

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5 Hacks to Improve Your Writing Skills in English for ESL Learners

Phil Collins

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Studying in college is hard for everyone, but ESL learners arguably suffer the most. Moving to a foreign country, learning a new language, and keeping pace with the rest of the class may seem like an unbearable burden. It’s okay to feel overwhelmed, but you have to pull through and not give up. 

In moments like this, it’s always a good idea to seek help. Whether you go to WriteMyPaper to order an essay or just talk to a friend, admitting vulnerability is an important step towards improvement. In this article, you will find some tips on how to get better at essay writing, even if English is not your native language.

 

Control Your Environment

Improving your language skills is all about constant practice. Living in an English-speaking community is the first thing you should do to start your practice. It might be tempting to surround yourself with people who already speak a familiar language. However, this way, you won’t be practicing English on a daily basis.

You need to make those lessons almost intuitive in a way that you don’t have to do anything to learn the language. If you live in an English-speaking community, for example, if your roommate speaks English, you will have to practice the language, whether you want it or not.

Still, make sure you don’t take it too far. Taking care of yourself is still as important as ever. Feeling like an alien for the sake of education is not worth it. Remember to keep in touch with your friends and family, talk to them as often as necessary.

 

Practice Constantly

Practicing language is not just about doing your homework. You can make practicing English a normal part of your daily routine by watching TV, listening to music, and reading books in this language. 

Yet, this is a bit tricky. When being surrounded by white noise, people tend to learn not to notice it. You need to ensure this doesn’t happen. As you watch movies or read books, maintain your attention on what you’re doing. If you hear or see a word that you don’t understand – translate it and write it down. Be mindful and remember what you’re doing this for.

 

Writing Is The Answer

If you want to specifically learn to write, you need to do one thing, and that is to write. Continuous practice will help you understand what mistakes you often make and, in time, eliminate them. Focus on your goal, and don’t get discouraged when something’s not working. After all, even Rome wasn’t built in a day!

Get a journal and write in it daily. Pick a new topic every time and note everything you can think of. It’s also important that you write by hand, a spelling checker in your computer is tempting, but it will not help you remember how to spell words correctly. 

Besides, journaling as a habit has multiple health benefits, and it can be therapeutic. It can help you get in touch with yourself and process your emotions better.

 

Learn In a Group

It’s proven that learning in a group is more efficient due to the sense of competition. Find a bunch of like-minded people who want to study with you or join an already existing one, like a speaking club.

The benefit of such activities is that you get all these people from entirely different backgrounds who are all good at various things. This will help you exchange experiences, which is impossible if you’re alone.

Schedule regular meetings, come up with topics to discuss and activities to do. You could watch videos or movies together, or talk about common things. Having assignments like describing an event can also be beneficial for the entire group. This way, while one person speaks, the rest think about how they would say the same things differently. 

This will help you feel more confident in your skills and, consequently, speak and write better.

 

Expose Yourself

The most important thing about learning a language is not to be afraid of making mistakes. It’s inevitable; you just have to take it as a natural part of a learning process. 

A child that is learning how to walk doesn’t give up after falling once, and you shouldn’t either. It’s most likely that your friends understand that you’re just learning a language, and they won’t laugh at you for misusing a word or a few. 

Get over that fear of error and make as many mistakes as it will take. Treat it lightly, and don’t beat yourself up for it. On the other hand, try to attend as many events as you can that will expose you to the foreign language. Not only will it boost your English skills, but also improve your social confidence!

 

Wrapping Up

Learning a language is hard; there’s no arguing about that. However, it’s going to get easier with time. Take every hard thing that life throws at you and turn it into a lesson. 

Watch your favorite movies in English, converse with native speakers, and you’ll see the improvement very soon!

Remember to be patient about it. Don’t give up, and don’t beat yourself up over something that you have so little control of. Good luck!

 

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Remote Work + Education: 3 Tips for Students Who Want to Have It All

Phil Collins

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remote work for students

Probably one of the greatest changes for the last year is the shifting to distant learning and working. There are many advantages to the issue, like, not having to commute every day, staying at a cozy home for a whole day. It makes our lives easier in terms of saving time and energy.

If you’re a student, you don’t have to bust out your textbooks every time you go to university. Instead, you have everything close and on the tips of your fingers.

However, within all the positive moments of distance learning, it is highly challenging for many of us. At college or in the office, we have a schedule, a plan which we simply have to stick to.

There is also a boss or a teacher who gives us tasks, checks and monitors our performance.

Well, now, we are our own bosses and teachers and have to come up with the plan and track our tasks independently.

So, how to stay tuned and efficient if you work and study from home? How to get the most of it and not drown in the ocean of procrastination? In this article, you will find three tips to help you out!

 

Set Up Your Workspace

When many think of a distance learning or work, they imagine themselves wearing pajamas and lying on a couch all day with the laptop. No more dress code, make-up, early mornings, coworkers or group mates, paradise!

This is a common misconception of remote work. If you want to work and study from home, it is crucial to create a space where you would stay focused and productive.

Still, if you have had a hard day and feel like having rest on your comfy couch, but there are assignments to be done, leave your worries to professionals in paperwritingservice, just place an order and enjoy your day.

When we both work and study from home, we stay with all those household essentials and, at the same time, have to focus on tasks. That is why a perfect workspace has to be created. So how to reach this ideal atmosphere at home? Here’re some pro tips.

 

Separate Spaces for Everything

This is a common problem for many that they sleep and study at the same place. Our body is a smart mechanism, which gets used to conditions very quickly.

So, as you sleep in your bed, every time you lie on it, your body gets ready to relax and concentrate is the last thing it is ready for. This principle is applied to any other space in your house.

So, your workspace should be particularly aimed at learning or/and work. Every time you get there, your brain will be ready to do the job.

 

Get Rid of All Distractions

This is a very important step if you want to stay productive at home. Your home may be a dangerous space in terms of concentration. To make it easier, help your brain and get rid of everything that might attract your attention and ultimately prevent good performance.

 

Plan Your Day

Every morning when you wake up, you approximately know what the tasks for a day are. So, what’s the sense in planning a day if you already have it all in your head?

This is one more important concept that helps us have everything done on time. Planning a day saves you time and boosts motivation and disciplines.

 

Here’s how it is done:

  • You write down a list of tasks that have to be done;
  • Prioritize them from less important to more important;
  • Hang this list somewhere, where you can always see it;
  • Mark completed tasks.

When you mark the task as accomplished, you’ll get a sense of satisfaction, which may be compared to some sort of praise. There are many tools to write a to-do list from paper to online apps.

 

Dedicate Time for Yourself

When you work and study from home, there will be a risk of abandoning our personal time in favor of more important matters. This factor leads not only to great results but also a concept called burning out.

When people face it, they feel exhausted, demotivated, and apathetic. To avoid this, it is crucial to have time for things you enjoy. It may be a sport, hobby, listening to music, watching movies, seeing friends. Your brain has to relax and get positive emotions to be more efficient in the long run.

 

Final Words

No matter if you want to work and study from home, these principles can be applied to any activity. To manage it all, just follow these basic rules, and you’ll see how your productivity boosts.

Good luck with all your endeavors!

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