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3 Major Challenges You’ll Face When Starting a Business

When you decide to take the leap and start your own business – be prepared to tackle 3 major challenges:

  1. The need to constantly adapt and learn quickly: You will need to grasp and learn the basics across a variety of disciplines. From accounting, tax, business development, sales, marketing, web development, account management and business copywriting. During the early stages of your business, you’re wearing many hats before you’re able to properly outsource or delegate areas of your business. Be prepared to learn and adapt fast!
  2. No accountability: There’s no one to tell you how to structure or manage your day. You’re not expected to “work” when you have no colleagues or manager to keep yourself accountable. Clearly, you have to be a self-starter in business. Practice the discipline to get things done.
  3. Under promise, overdeliver: You must enjoy doing more than what was assigned. You have to exceed or easily meet the expectations of your clients. Referrals, business recommendations and building a strong personal brand or company reputation; which is based on the quality of your work is essential to creating a sustainable and profitable business.

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