My Top 3 Entrepreneurship Lessons from 2014
The year came and went by so quickly this time around. I still remember how 2014 started but eventually lost track of time somewhere from June, and only being able to feel the year again during Christmas.
Much has happened, both good and bad. Instead of putting together a long list of things, here are my top 3 entrepreneurship lessons from 2014:
#1: Not everyone is built for startups
Many people are fascinated with startups but that does not qualify them to join one, let alone start one. I say this not only because a startup environment is harsh and challenging to keep up, it also requires one to have different qualities to remain in it. Individuals that prefer stability over uncertainty, structure over flexibility and consistency over adaptability may want to reconsider being a part of a startup; simply because it is always the latter in a startup, especially in its early years (first 3-5 years).
#2: There will be no time unless you make time
I suffered from this greatly in 2014. I’ve always considered myself with pretty good time management skills but the year has proved me wrong, resulting in severe lack of sleep on many occasions that caused a negative domino effect to productivity and relationships in general. You need to make time by purposefully setting aside dedicated time for things that matter – stick to it and throw or delegate the rest. Prioritize! If it’s not working for you, you’re doing it wrong.
#3: The power of saying “no”
Many times we try to play the good guy a little overboard, leaving you overwhelmed, causing you to under perform, compromise and leave you frustrated. No, I’m not suggesting for you to be ruthless and unhelpful, but to pick your fights in your capacity. Saying “no” when you’re already stretched is not only fair to person (since you many not be able to deliver to your fullest anyway), but also to yourself as you won’t be burning yourself out. Evaluate opportunities and requests and weigh them against your time and priorities. If you can’t put your best to it, say “no”.
Apart from those above, I believe that God has a big part in my life this year too! Some calls it an instinct, a gut feel, universal power or just luck; but I believe it’s beyond that.