Creating wealth is all about providing value. And we can only provide value when we’re giving something useful to help other people.
Every entrepreneur has a “why.” Whatever it is, keep your why in mind every single day. Without that, no one stays in business for long.
MORE IDEAS FROM THE ARTICLE
Here’s what struggling entrepreneurs do: They have a great business idea, then they don’t pursue it.
Or they execute an idea but it doesn’t work out. Why? The business idea wasn’t validated with actual customers. And without validation, you risk wasting your time.
1. Learn from the best
2. Execute your ideas to perfection
3. Stay focused on your “why”
The moment you stop listening to advice from people who weren’t successful, you start making more progress.
In contrast to existing communities, new ones lack a social identity, an established way of participation and assurances of reward or value. These are the foundation of the Community Engagement Cycle.
This is why most communities fail before they even begin. A company needs to establish these four elements if they are to have people’s engagement.
Really focussing on the core business is the most important requirement for startup success. Becoming an expert at fundraising should not be necessary.
Companies rarely fail because they didn't raise money - they fail because they didn't build something people wanted.
❤️ Brainstash Inc.