The Most Important Lessons for a First-Time Entrepreneur

Too Long; Didn't Read

When you have the ‘entrepreneurial eye’ for opportunity, it can be extremely challenging to know what to keep your attention on. The shiny object syndrome can be a real problem.  I’ve learned this lesson the hard way many times. Early in my entrepreneurial journey, I had the bad habit of biting off way more than I could chew. Everywhere I looked, every mentor was preaching the importance of ‘saying yes to opportunity’ and ‘never closing an open door’. I took their advice very literally. I never said no. It didn’t take very long until I was burned out, spinning my wheels, and wondering why I was busy all day long, but not making any progress. I have since learned the importance of saying no. Recently, I had the privilege of sitting down with Yosef Martin of BoxyCharm and let me tell you, we went very deep on a lot of topics. This man has had one hell of an entrepreneurial journey; we dissected his view on entrepreneurship and dove into some of the biggest lessons we have learned so far, and the lessons we wish we would have learned earlier. As a first-time entrepreneur, knowing what to focus your energy on is a crucial differentiator between you and the competition.  This is such an important topic. I’ve decided to dissect it in this edition of the newsletter and give you my top advice on the most essential things you must learn as a first-time entrepreneur.