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7 Advice I wish I heard before starting my own business
Mistakes I made building my first business and my personal brand
When it comes to first starting your own business, more times than not you will make some mistakes.
Starting a business or marketing yourself can be tricky.
On the other hand, only 30% of the new businesses fail within the new years. These numbers go up as the years go by to 50% for five years and 66% for 10 years.
For my first business, I made many mistakes that in retrospect I could have avoided if I did my research more.
Over the years with some experiences in my backpack, mentors that changed my life and a renewed love for innovation, I am sharing with you the top 5 of my advice.
1- Study the field:
You have this great idea to create the project of your dreams or see a financial opportunity and you finally at a step in life where you´re ready to make the big jump.
Make sure to study your market and to respond to an unsatisfied need.
First, you need to make sure that there is a demand for the product or service you want to sell. If there are competitors within your industry, what makes you special?