What do you think the world would be like if we found a secret recipe to success? Do you think you will exert the same exact effort as you do today? Will you have the same drive and passion?⠀
Up to this moment, the recipe for instant success remains a mystery. No matter how much coaches, trainers, mentors, and successful entrepreneurs sell me ideas and solutions, I never buy any. Wanna know why? Simply, because every person’s journey is different from another's. What worked for someone else's business may very well not work at all for me, even if I follow their advice step by step. Many variables play a role in determining one’s success, be it the market, the current opportunities, the competition, the team members and personal backgrounds, the overall drive, among others.⠀
Regardless of the recipe, I am a core believer that:⠀
. One should start by addressing a problem in order to build a successful solution or business. ⠀
. A startup should never offer the same service as that of an existing company or a competitor. It should always look for means to top the current offerings in the market. It should possess a competitive advantage and offer unique propositions.
. No matter the scenario, an entrepreneur should NOT compare him/herself or their startups to others. Overthinking about other players in the market is more dangerous than you think. ⠀
. It is good to learn from others and to consult various resources. Yet, capitalize on learning from your own experience, from trying things your way, and not over-stressing on implementing proven methods. Trust me, that some might not even apply to your business.
. Give new methods, business models, and activations a try. Give them enough time to run and to generate adequate results before you deem them as unsuccessful and switch to another applications. ⠀
. Expect and appreciate failure as part of the journey! ⠀
Yalla, got a business idea or a startup? Let’s talk more about it, email me on daoudiala@gmail.com. ✨
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