New Entrepreneurs: Don’t Make This Mistake!
“What is the number one mistake that new entrepreneurs make when starting a business?”
Because it gives me a chance to talk about something I see almost every new business owner doing wrong, I love this question. Now, let’s answer this question.
Productivity Versus Busywork
The answer is inaction.
The biggest mistake new entrepreneurs make is to confuse movement for action. I see too many people wasting their time on the latter.
A study conducted by the University of California, Irvine revealed that employees actually feel happiest while engaged in busywork, or what the researchers refer to as “rote work.”
You need to reconsider how to manage your time because you’re mistaking being busy for being productive if this sounds like you. Watching more training doesn’t move your business forward.
The leader of the study, Dr. Gloria Mark, explains:
” With rote work, you get a feeling of accomplishment, but you haven’t exerted a lot of mental activity. It gives you a feeling of fulfilment, but there’s not a single frustration or stress.”
You Won’t Make Money until You Start Selling
Some entrepreneurs seem almost scared to start their businesses, as if the fear of failure has trapped them in their desk chairs and forced them to buy more and more educational products instead of setting up a website or putting together an email list.
Because they are action-oriented, I’ve seen people that are brand new to this industry go out and make a lot of money simply. If you want to be successful, that’s exactly what you need to do, too.
Do Something Productive Every Day
I’m talking about tasks you complete that can directly make you money when I talk about productive activities. Things like creating capture pages, sending sales emails, and posting ads.
Don’t just sit there learning; take the time to use that knowledge to start your business. Figure out how to brand yourself, how to reach your niche market, and then get it done. You won’t start making money until you do!
It’s so much more valuable to take action, even when you make mistakes! Those mistakes teach how to fine tune your business and make it a success. I know this from my own experience.
The biggest mistake new entrepreneurs make is to confuse movement for action. That discovery makes sense to me, because time and time again I see new consultants getting stuck in training mode– that’s when they watch educational video after video without actually putting any of that knowledge into practice. Those mistakes teach how to fine tune your business and make it a success. And I started making a lot of mistakes.
When I started in the internet marketing industry, my main problem was getting traffic. And I started making a lot of mistakes.
That discovery makes sense to me, because time and time again I see new consultants getting stuck in training mode– that’s when they watch educational video after video without actually putting any of that knowledge into practice. Why? It’s easy to sit back and be educated, while it’s much more stressful to take your business and your future into your own hands with productive actions.
You won’t start making money until you do!
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