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Great Business Lessons – Part Two

March 9, 2010

Today’s blog is a continuance of the great business lessons I have learned running my business Women TIES the past five years. Today features three more great lessons we have learned that could be relevant for women entrepreneurs everywhere.

Ask for Help – You Need It!  

Women are better than men asking for help. So when it comes to entrepreneurship asking for help from amazing women who make up my Advisory Board and women entrepreneurs who have wanted Women TIES to come to their region has helped me make this company more successful.  With only part time staff support, there is no way I could grow this company without the guidance of my board and the interest and support of women in our network. Remember the size of your business will depend on the size of your team. You can’t do it alone if you want to grow. Seek and ask for help

Ride the Roller Coaster of Emotions – You’ll Survive!

There are high entrepreneurial days when you land a large client, go over your sales quota, double your revenue in a year, or create a new product or service to aid your customers. Then there are low days when nothing goes right. You lose clients, you make big mistakes, you can’t hit your bills, and you are too tired to care anymore. 

What I’ve learned is that every day is a new day. If you come off a high day or a successful period, it probably won’t last forever so ride it as long as you can. If you enter a low period and feel like you are going down the roller coaster towards the bottom with no end in sight – don’t give up! Just like a roller coaster, life is full of highs and lows and so is running a business.  Nothing runs on a straight track. 

I’ve said it many times before entrepreneurship is not for the faint of heart! If you are someone who loves vanilla ice cream, predictability and knowing the sun will always shine, get out now! If you love adventure, change, craziness, fun, challenge, you are right where you are suppose to be – it’s what being your own boss and building your own company is all about! So enjoy the ride – the highs and the lows.  

Never Underestimate The Power of Your Vision – You Have to See It!

Never, ever doubt the power of what you are building. It will come. It takes time. If you have a clear vision and a strong belief in the benefits of your product or service, you will succeed.

Keeping a clear vision is vital to success in the long run. You must believe in your mission. Remind yourself about your purpose when you think you’ve lost it. Encourage good friends to inspire you when you can’t seem to motivate yourself.  But never lose the big picture vision and purpose of why you started this journey in the first place. It is the most powerful point of perspective.

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