One of the biggest mistakes - Deepstash
Inside The Mind of Elon Musk

Learn more about business with this collection

The importance of innovation

The power of perseverance

How to think big and take risks

Inside The Mind of Elon Musk

Discover 42 similar ideas in

It takes just

7 mins to read

One of the biggest mistakes

owners make is over-promising and under-delivering. You can

5

16 reads

MORE IDEAS ON THIS

Starting A Company

is ambitious, risky, and requires an enormous amount of passion and tenacity. You are going to fail often. That doesn’t mean it isn’t possible to identify the things that could make your enterprise successful. 

5

93 reads

Failures

happen due to lack of focus, a lack of available resources, ruthless pursuit of short-term success, or the simple fact that the conditions are unsuitable for something new to emerge. Spend as much time and energy as you need getting your business off the ground and into the black.

5

15 reads

"A financially healthy company is a result of a series of small daily financial wins, not one big moment."

MIKE MICHALOWICZ

5

29 reads

Learning Ability

You have to learn how to talk to both sides of the fence, the customer and the business owner. In order to do this, you have to experience both ends of the spectrum and learn how both view you as a valuable resource. The ability to compromise, get along with people, explore new ideas and work wit...

5

12 reads

"Entrepreneurs don’t do most of the work. Entrepreneurs identify the problems, discover the opportunities and then build processes to allow other people and other things to do the work."

MIKE MICHALOWICZ

5

21 reads

Choosing

the right speed is the single most important step in taking your business to the next level. You should not look for sympathy or pity. There are few things more disheartening than taking a risk and failing. Everyone makes mistakes, but if you allow yourself to be emotionally swayed by others

5

20 reads

5

13 reads

One of the biggest mistakes

owners make is over-promising and under-delivering. You can never please everyone, so what you need to do is figure out what is really important to you and then deliver that. There are many mistakes that small business owners make when trying to expand or improve their business. One of the bigge...

5

19 reads

"Entrepreneurs don’t do most of the work. Entrepreneurs identify the problems, discover the opportunities and then build processes to allow other people and other things to do the work."

6

16 reads

Clarity

This clarity only appears once you stop

5

17 reads

Introduction

Starting a business is never without risk. Starting a business with the wrong mindset, however, can sometimes lead to wasting hours and money attempting to grow a business you know isn't going anywhere

5

34 reads

Clarity

This clarity only appears once you stop trying to figure everything out for yourself and start focusing on what really matters, namely, your top clients. Instead of chasing after every new lead (no matter how tempting), focus on identifying that handful of very special customers who are worth pur...

5

18 reads

Just because someone

else is doing something doesn’t mean that you shouldn't try to do the same. This goes for leaders and mentors who want their charges to consistently achieve more than they have in the past. You need to trust yourself first before anyone else can help you achieve your goals and desires.

5

16 reads

5

6 reads

Learning Ability

You have to learn how to talk to both sides of the fence, the customer and the business owner. In order to do this, you have to experience both ends of the spectrum and learn how both view you as a valuable resource. The ability to compromise, get along with people, explore new ideas and work wit...

5

9 reads

It is essential

to have a clear sense of what you do, what matters most to you, and what will give you the most pleasure. Do not start building your business solely on the basis of what others say - this is liable to lead to failure.

5

17 reads

What's it about?

An American Life by Walter Isaacson is a definitive biography of Benjamin Franklin. The book discusses his life and career as a scientist and inventor, author, musician, politician, diplomat, etc. and traces his adventures through Boston, Philadelphia, London and back. The book also chronicles hi...

5

51 reads

The first lesson

to learn when jumping from adventure to adventure is that it doesn’t pay to plan ahead. Planning is a waste of time. Plan nothing. Just jump into things, trusting that at some point they will benefit you. This works especially well if you have not built up any credit term at all.

5

31 reads

CURATED FROM

CURATED BY

htr1172

An artist, writer, storyteller too and Entrepreneur. Founder of Formaculture, a young community for young ideas and socio entrepreneur, a science student with a finance community - WEALTHONOMY.

Learn the most effective business way of growing your

Related collections

More like this

The Biggest Strategic Messaging Mistakes

  • Messages should be consistent. Consistency reduces opportunities for miscommunication. Consistent messages are more likely to become memorable.
  • Brevity and simplicity lead to clarity. Avoid fancy words and use more conventional language.

Be Aware Of Your Facial Expression

Someone’s smile activates the smile muscles in your own face, while their frown activates your frown muscles. We can discern whether someone is smiling even if we can’t see them.

Your smile is something to think about even if you are delivering feedback over the phone. Smile appropriatel...

Limiting Mistakes With Humor

Humor is a great psychological tool to get and keeping people on your side. Use it wisely, and use it often—especially when you screw up.

The next time you find yourself staring out at a crowd of people who just saw you make a huge mistake—and they know it was a mistake—...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates