Shortcuts for Business Learning Curves

Building a business takes a lot of hard work and dedication. You will also make some mistake along the way. Just because you have bad days does not mean that your business will fail. Instead, entrepreneurs need to use their experiences to learn from them.

Here are some business learning curves that all entrepreneurs struggle with.

• It takes time to find the right way to do things. You might have to try to do things a few different ways before finding the best (and fastest) way to do something. You might ask people for advice but you still have to find out what works best for you.
• It also takes time to figure out your pricing. You might start out charging hourly or by project. You might realize that a project you figured would take you an hour ends up taking you five and you end up working for pennies. You will learn that some things are better charged per project if they are going to be hard to calculate how long it will take you while others that are going to take you a long time may be worth charging per hour.
• You will have to learn what products or services to offer. Some people do better offering a wide variety while others do better if they specialize in a niche. Many people prefer to specialize because they feel like they can ask for a higher rate if they concentrate in more technical tasks. Others prefer to help out however they can.
• Sometimes, you learn that you don't want to offer a service anymore because it is not worth it. If you don't enjoy doing something, don't do it anymore. If certain projects take you too long, then it is not going to be worth offering to clients. You will be spending too long working on them.
• Not everyone is born to be an entrepreneur and that is alright. They need a boss to keep them motivated to work. They will have trouble keeping a business going and there is nothing wrong with that.

Just because you have a good or bad day does not mean your business will fail. Instead, owning a business is a learning process. You will have to try different ways of doing things until you find the best way to do it. Ask yourself about these topics to create shortcuts. You will have to fiddle with your prices and even with your products and services until you are happy with what you offer. It takes time until you will be completely happy with your business.  Be patient and forever anxious, shakers!

Contact us to learn how personal relationship strategy can help you grow and launch your business.