Things I’ve learned as an entrepreneur for 4 years now and how technology has helped me achieve my dream.
I’ve been doing my own thing now as an entrepreneur since 2012, when I actually started generating some sort of revenue from everything I was doing online. I really became a full time self-employed individual in 2013 when I left my corporate gig for a lifestyle of not knowing when your next pay check was going to come in.
When you invest in yourself, you’re doing just that, investing and not necessarily receiving anything in the beginning. Now, I don’t think I’m deserving yet of the status where I can give people advice on how to be successful, because I’m still figuring that out for myself. But I do get lots of tweets, emails and messages from people asking me how did I come to where I am today and how I figure out ways of doing what I want to do.
So here are the top 10 things I’ve learned in the past 4 years:
1. Don’t expect things to fall into place right after college. One of the most recurrent messages I get is from people asking me how to do what I do straight after university? Well it doesn’t work like that. Life and work experience are so important, especially in what I do. If you are a genius/inventor that can create something out of nothing and sell it or start it, then go right ahead, if you are mere mortal like the rest of us, you need to learn from other people first. Bosses, colleagues, peers, inside some kind of company/association structure that will not only teach you how a team works towards a common goal, but just how a business works and all the moving parts you need to keep an eye on.
2. Try doing everything yourself. I find this important because I need to be able to look at co-workers or employees in the eye and fully understand everything they tell me. You don’t need to be the best at everything (hell, I’d love that), but you do need to fully grasp another person’s responsibilities and how their job works in the grander scheme of things.
3. Expect shit to hit the fan. Business is all about solving problems in the best way you can and better than the next guy. Know what your goals are, how to get there and what is going to go wrong.
4. Be prepared to be self-sustainable. When you open your own business, you don’t really know when your first pay check is going to come in, unless it’s self-sustaining from the start. This ties back up to tip #1. Make sure you’ve saved enough to get you through the tough times.
5. Ask yourself what you are after, the lifestyle or the goal? Why do I ask this? Because a goal will always change and evolve depending of where you are in your life. However a lifestyle is an aspiration on how you want to live your life. This to me is very important. You can spend your whole life chasing after a goal and being miserable, or you can chase a certain lifestyle that you want to live, achieve it and then go after big goals. They are obviously hand in hand, but one takes into consideration that there are certain compromises you can make in between where you are and what you are to achieve, to keep you happy while you go after your objectives.
6. Schedule. Time is everything. When you work for yourself, you are constantly working. Its important to set work/life boundaries. If you want to work 14 to 16 hours a day, go ahead, but make sure you are truly efficient and productive during those 16 hours and that once they are done, you are done, put down your phone, don’t talk about work and just relax. It’s important to give your brain and body a break, or you might be heading towards a brick wall.
7. Journal everything. Write down your ideas, put pen to paper for your schedule or to do list. I believe writing something down, really anchors it in your mind.
8. Set aside 30 mins every day to do those things you can do in your sleep, those tasks that are so easy that you’ve been putting off for the past two months? Yeah, get to those first.
9. Outsource. You’re not alone in this world. Let other people in, have people help you, don’t do something you’re not the best at and work on including professionals in your business plan from the get go.
10. Be Honest. It goes without saying this is the most important tip. Be honest in your belief in yourself. Be honest when you know something is going to fail. Be ready to have the hard difficult conversations when you don’t want to. Keeping negativity in will just create an insecurity and frustrating monster that will implode one day. Put everything on the table, pick at it, fix and build yourself back up.
Failure is just experience in a really shitty costume.
As an entrepreneur, technology is crucial to my everyday life. I’m out and about all time and I constantly need a partner that can keep up with me and my needs.
But while technology is extremely important as a tool, at the end of the day it’s still us human beings that need to do that work.
Of course, it doesn’t hurt to have a partner that can deliver. And as a Dell user for 6 years now, it’s safe to say that I’ve found that partner that can help me work towards my goals.
Check out the video below and find out how I’m achieving my dreams and stand a chance to win a #DellDreamStarterKit (worth Php 45,000) consisting of a Dell Inspiron 13 5000 2-in-1, accessories and Lazada gift certificates worth Php 5,000 for additional software purchases.
All you need to do is:
Step 1: Visit the contest microsite http://dwdphil.com
Step 2: Upload a photo of what your dream is.
Step 3: Tell us what your dream is and how the #DellDreamStarterKit can help you achieve that dream.
Step 4: Answer what inspired me to achieve his dream (Answer can be found by watching his video below).
Contest ends August 19. Terms and conditions apply [http://dwdphil.com/TermsAndConditions.html].