After selling Reddit to Conde Nast in 2006, Alexis Ohanian has now rejoined the company full-time — and he’s had a lot of time to reflect. Earlier this year, he candidly shared what he learned on his long stint away while advising a number of other startups. In particular, he focused on what he didn’t do that made all the difference to his career, and one of the big ones was not choosing mentors or role models that seemed at all opposed to risk. Ideally, you want to surround yourself with people who will push you past your appetite for risk if that’s what needs to happen. Choose mentors, investors, advisors, who have broad vantage points and long histories of watching companies rise and fall. You want folks who have seen enough to know they’ve seen too much, and who will talk you into pushing yourself as a result. Ohanian experienced this first and foremost with YC Co-founder Jessica Livingston, who suggested that he go on a fake press tour in New York when he was just 22 — or rather, try to generate a bunch of reporter conversations out of thin air. At first, he was intimidated and balked. But, having been through a lot herself, Livingston was able to put it in perspective and make it sound low-stakes. He went through with it — and if he hadn’t, he never would have made the connection that led to Reddit’s sale.
Looking at the history of startups, it is often clear that most businesses will fail within the first 18 months. The reason behind the same is that people don’t know how hard it is to become a successful entrepreneur. No one can promise that your business will definitely bloom, but with these considerations, your journey will become smooth towards the success. Extra info can be seen at Online marketing tools.
Don’t listen to those who tell you you can’t. You know best what you can and what you can’t. You must want to make money on your own in your field. You need to want to sell goods or services to make money. It all depends on what you want and not what others tell you. Do not let yourself be influenced by such negative opinions, but choose to start on the road with positive thinking, which will give you a broader view on all the opportunities that may arise. Wrong! Nobody is perfect and you can’t even do everything perfectly, even if you want it. Mistakes are always a good experience, which can help you in the future and from which you can learn a lot. But be careful not to repeat them, because this is important. Learn how to fix what you have broken so that in the future there are no such errors anymore. Although at first you might be discouraged, don’t do it! Just think about the good side of things and what you can improve at your business through the things you learned from this experience, to make mistakes. Read how to reduce risks when you start a business.
This may sound cliché, but my honest advice is to go for it when considering starting a new business venture, despite the fear it may not work out. One needs to adopt the mindset that the whole journey is a big experiment and that “failure” is not an option, because ultimately it is learning and growth that we will get. Focusing on the rewards instead of the fear is the real key to success. – Noor Hibbert, This Is Your Dream LTD Source: https://theentrepreneurresearch.com/.