6 Start-Up Lessons Every Entrepreneur Must Know


BANGALORE: Starting a business can be exciting and terrifying at the same time. Not everyone manages the fear and uncertainty the same, but there are signs that will help you figure out if you are ready for a start-up. Here are the six essential lessons for building a successful start-up, as compiled by Rediff.

Explore and develop your ideas into Action: Are you someone with a firm idea of a creative business or in the early stages of planning your own creative business?

Then, you should go ahead with your ideas as business ideas can come from anywhere—hobbies you are passionate about, a problem you are trying to solve, or even from an unexpected opportunity.  All this can successfully turn into an action if only you have the zeal and enthusiasm to succeed and convert your ideas into effective deeds for the start-up.

Mixing Business with personal life-A big no-no: Most of the time we often come across people and companies where personal and business relationships are mixed. This is something to be greatly avoided by the start-up as it paints an unfavorable picture of this combination. Mixing business and personal life has frequently been viewed as a mistake for businesspeople as it damages relationships and leads to poor business decisions. Conducting business, any type of business, must have a strong foundation of trust to succeed. Business relationships are formed first by interpersonal skills used by the vendor and vendee. As a general rule, people do business with people they know and trust.

Read More:

5 Biggest Legal Mistakes Startups Should Avoid

10 Top Websites That Inspire And Aid Entrepreneurs