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What advice would you give to someone starting a business? (lemdro.id)

submitted 8 months ago by governorkeagan@lemdro.id to c/asklemmy@lemmy.ml

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I’m thinking of the type of thing you wished you knew sooner. But if you have other advice, please share!

I’m a couple months (officially) into running a videography business and would love to use this post to share and help each other.

My Advice: I was into videography and doing it as a side hustle for almost a year but kept delaying registering myself as a business. If I could go back, I’d do that sooner.

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[–] intensely_human@lemm.ee 4 points 8 months ago

Establish your own discipline with top priority, even if it means doing things in an inefficient manner. The most important thing is to avoid the lapses in functioning that come from things breaking down or from your own discipline flagging.

As they say “a bird in the hand is worth two in the bush”. To expand on that a little, to keep the bird in your hand you need discipline, and to get the bird in the bush you need daring.

When starting a new business, daring is in abundant supply, and inspiration performs the role of discipline. But in order to succeed, you need to develop discipline before the inspiration wears off.

A machine at 10% efficiency, that’s running, is worth more than a machine at 90% efficiency that isn’t running.