What advice would you give to first-time entrepreneurs who are just starting out? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
Your best asset is the people around you. Not only when it comes to employees, but also investors, mentors, etc. who bring a range of perspectives to the table and aren't afraid to be straight with you.
In turn, you need to be willing to keep an open mind, hear people out, and be willing to accept that advice. Perfection is not the goal, and we will all make mistakes. When you're open to hearing feedback and willing to show some weakness, that creates a level of trust that can lead to true accountability -- and not just accountability, but also encouragement. Do that, and you'll surround yourself with people that can help you actually execute on your plan.
You also need to have perseverance. When you're a young company, the highs are higher, but the lows are also lower. So, you need to stay even-keeled and continue to push forward, regardless of whether you're succeeding or failing in that exact moment. I know that it's really hard to do, but if you stay the course, over the long-term you'll eventually see that steady stream of progress.
Finally, don't be afraid to take risks. You have to do that in order to move forward and grow, and you'll often find that you learn more from failures than success. Then you can take that knowledge, adjust course, and figure out a better path for the company.
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