DIGITAL STARTUP SOCIETY BLOG — Employee to Entrepreneur

Making mistakes is a common part of the business. However, that doesn't mean you shouldn't take the time to avoid it if possible. Especially the mistakes that are easily avoidable and can destroy your success. The following are six common mistakes every new entrepreneur should be aware of and avoid:  Letting Fear and Lack of Information Prevent You from Taking Action  Fear is only natural as a new entrepreneur. In fact, it is likely something you won't ever be able to shake as a business will always be inconsistent. Waiting to take action until you believe you have all the...

Unfortunately, dealing with naysayers or negative comments is an all-too-common phenomenon when starting a business or transitioning into the entrepreneurial world. It's easy to let the negative drag you down and believe what you are doing is wrong. However, this is likely far from the truth and something you need to learn to deal with when running a business.    Here are five strategies to ignoring naysayers as you become an entrepreneur:  Recognize That Opinions Are Not Always Important or Right You are not going to impress everyone. That is how business works. Competition is healthy because everyone is different....

While there is no "one size fits all" approach to business, that doesn't mean you shouldn't be aware of some of the many tried and true methods that business people follow today. As well as the common methods people have tried that simply don't work. There is no point in trying something that is proven not to work or avoiding something that many businesses have already proved vital.    Here are the dos and don'ts to entrepreneurship:  Do: Understanding Your Target Audience A key difference between successful and unsuccessful entrepreneurs is understanding their target audience. If you don't understand your...

Transitioning from employee to entrepreneur may seem difficult and overwhelming, but it's actually quite simple. It just takes a little bit of planning and understanding what is required to be a successful entrepreneur before you transition.  Don't transition to entrepreneurship without the funds needed to be successful. However, this is why you need to follow specific steps first to ensure you have what it takes to succeed.    The following are five steps to follow to transition from employee to entrepreneur easily: Step One: Outline Your Passion The first step to entrepreneurship is discovering what you actually enjoy and learning...

An entrepreneurial mindset is about honing the key characteristics required to be a successful business owner. These characteristics or habits are different from those you would likely follow as an employee because they require more responsibility to succeed. For example, you have to repair the pieces if you make a mistake, unlike the typical consequences of working for someone else.   Here are four powerful ways to build an entrepreneurial mindset:  Always Seek More Knowledge Never stop learning. Knowledge is power and is important for growth, proper communication, and understanding of those around you, especially your target audience. While an...