The Do's And Don'ts Every New Business Must Follow

By siliconindia | Thursday, 30 January 2014, 13:27 Hrs

Don’ts

6. Don’t do everything yourself

Doing everything is good but to an extent. But if there are areas which you are not much familiar with then don’t try to take a chance by doing it alone as you might end up losing everything. You can always seek for help or advice from various support agencies and trainers out in the market that have worked in such key areas for years and will also be able to offer you with advice and specialized assistance. Grab the opportunity and take full advantage of local enterprise support facilities, and moreover some of the advices they offer is free.

7. Avoid the first failure

Almost every entrepreneur faces setbacks. Reasons are many that could be rejection of a pitch, a negative feedback from a client or a new product flops. But life has to move on so keep going, because that one rejection doesn't mean that their contributions are gone for a waste. Instead, try to see that failure as the first step towards your success and try something new by taking some risks.