17 mistakes not to make when you run

1. You have an idea and think you’re alone in the idea. A holder of an idea which had fears of exposing myself to her business idea was offended one day that I knew someone who had already implemented its business idea. He never returned to see me but him who had the idea in Côte d’Ivoire was really sure he was alone in Benin have lived in Côte d’Ivoire.

2. Refuse to talk about your idea for fear of being stolen from you. Personally, I do not think the theft of ideas. But there are those who really afraid of exposing their idea. The paradox is that when faced with a real customer or mystery (spy), they expose everything. A business idea needs to be validated and to this end, we must expose those who are able to validate it with you. Whatever happens, nobody will take away the key to your idea unless you’ve stolen or copied elsewhere. In this respect, it is that innovation and continuous improvement that make a difference!

3. You complain that you miss idea to undertake. True entrepreneurs never fail business idea because they always have a situation that offends them and they want to change. When one wants to change a situation that displeases and we are really determined, it never fails idea to get there. If you do not mind it because you lack vision.

4. Copy and paste the ideas of others. Profiteers? You are wrong party! Finally you can improve other people’s ideas and get better results than them. You can implement the ideas of others because you have the necessary funding. But if they are true visionaries, true enthusiasts who believe in their idea, you do not have the key: that no one steals it. You still have something to do: give a horizon ideas stolen, the integrated vision, a strategic framework;

5. Rushing because you want to become your own boss. You want to be free from the yoke of an unbeliever boss? It’s a good reason. But it is not enough. You must sell. And besides having to sell, you need to know what you sell and what it will bring unique customers. You will lose the economy of ten (10) years that a bad boss has enabled you to realize if you leave just because you think you have the financial resources now to stand on your own.

6. Being too eager to engage. “It is never too late to become a priest. If you have a vocation, you will end up becoming “says one day a cure to an aspiring too eager to say” The Lord be with you. ” That’s like entrepreneurship. It is better to take his time. If people go before you, you inspire their mistakes to do better.

7. Rushing because it works for others. You’re not the others. I do not believe in fate, but I am confident that you will never lead to the same results either in time or quality or quantity – the truth is that they have started before you!

8. You run because you have the funding. The government distributes the money through a fund of support for business promotion and youth employment. This is an opportunity to form a folder cleverly fitted well to get the funding. You yourselves know that you do not start a business. If you have your own funding, attention to excess! Perform market research, get a business plan.

9. Mount the business plan for the banker. You inflate the estimates. You do believe the banker that your project does not risk as if a child born in a world like ours there’s no risk of disease or infection. Remember the number of vaccines administered to a child when he is born. All business plans need immunity.

10. Think you do not need to study the market. Yes it’s true that customers are stupid enough to buy all the products you will offer them at the price you want. The real problem is that the client decides to much in what a company must sell. As the market is a real jungle, which can quickly turn into an ocean. It is better to be explored once before launch!

11. Think you do not need a business plan. It will take at least list the various activities undertaken, the resources you’ll need to get there, your sources of funding. Have the courage to go further in defining your goals, how you proceed, make sales, the chain of receipts and disbursements. Most people think they know where they are without a business plan. But in general they do not know what to expect.

12. Overestimate the incoming money. And meanwhile you underestimate the need for exit money. In any case, the first few months will tell you what is the true reality. But since it will be too late, ask!

13. Underestimated its expenses. Your company will get out undercapitalized and you’ll miss just money to finance the launch of your business … The best thing to do is sift through all possible expenses, contingencies and unforeseen contingencies. It is better than never being launched to run and fall so soon.

14. Programming sales for the first month. There was a time of installation. It takes time to prepare to start sales. No! you do not sell the first day.

15. Relying on sales through the first few months. It is an illusion. It is true that the length of time needed for working capital varies from one activity to another. But generally if you do not actually fund the ten (10) months, it is better not to start.

16. Refusing to join the others. There are many reasons not to join one, but there is much to do. The hardest part is knowing that associate with and why we do it. It must then clear the bases. You’re afraid of being betrayed? Note that this is what awaits you in most cases. Suppliers, employees, partners, customers and partners all betray you! It is best to prepare.

17. Refusing to take the launch. The problem is that from the second, third and fifth year (for more stamina) you will need extra money to either fly or bounce and then go step B as the Americans say . Bankers often forget very quickly that you were very fluid at home. It is better to borrow, save all seriousness, take good paying habits and use his money or his assets as collateral or back-up!

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