{"id":79,"date":"2010-04-27T20:17:54","date_gmt":"2010-04-28T04:17:54","guid":{"rendered":"http:\/\/www.managemyproperty.com\/blog\/?p=79"},"modified":"2010-05-17T15:03:35","modified_gmt":"2010-05-17T23:03:35","slug":"9-things-i-learned-about-business-entrepreneurship","status":"publish","type":"post","link":"https:\/\/www.managemyproperty.com\/blog\/2010\/04\/9-things-i-learned-about-business-entrepreneurship\/","title":{"rendered":"9 Things I&#8217;ve Learned About Business &#038; Entrepreneurship"},"content":{"rendered":"<ol>\n<li><a href=\"http:\/\/www.slideshare.net\/venturehacks\/customer-development-methodology-presentation\">There are no facts inside the building<\/a>. The only person who knows about your customer\u2026 is your customer. If you really want to know what they think then go talk to them and start asking broad questions about their needs, not if they like your product\/service.<\/li>\n<li>Remember Parkinson&#8217;s Law: Work expands so as to fill the time available for its completion. Force yourself to meet deadlines. This requires getting better at making realistic time projections.<\/li>\n<li>Ruthlessly apply the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Pareto_principle\">80\/20 rule<\/a>. Measure, to find what works really well and focus your time there. Beware, distractions abound.<\/li>\n<li>Avoid information overload. Limit your consumption to what you can actually use at this present time.<\/li>\n<li>Never underestimate your ability to delude yourself. Fight this with testing, metrics, peer review and mentorship.<\/li>\n<li><a href=\"http:\/\/steveblank.com\/2010\/04\/08\/no-plan-survives-first-contact-with-customers-%E2%80%93-business-plans-versus-business-models\/\">Business plans always fail<\/a>. <a href=\"http:\/\/www.startuplessonslearned.com\/2009\/06\/pivot-dont-jump-to-new-vision.html\">Learn to pivot<\/a>. <a href=\"http:\/\/www.getting-to-plan-b.com\/\">The goal is to get to plan B<\/a>.<\/li>\n<li>Don&#8217;t put your life on hold to start a business. It doesn\u2019t work. Make sure you are engaging in sustainable habits from day one.<\/li>\n<li><a href=\"http:\/\/garyvaynerchuk.com\/post\/79804838\/chasing-dollars-instead-of-passion-many-people\">Work on what you&#8217;re passionate about<\/a>. Don&#8217;t build a business around something you&#8217;re not passionate about. A day will come when your regret it and it starts to suck the life out of you.<\/li>\n<li>On the web, if there&#8217;s a person, product or process that sounds to good to be true. It is. Lock your wallet and run. People selling shortcuts are almost always selling nothing for something (This is especially true with internet marketing). Don\u2019t believe me? That&#8217;s how scammers stay in business.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>There are no facts inside the building. The only person who knows about your customer\u2026 is your customer. If you really want to know what they think then go talk to them and start asking broad questions about their needs, not if they like your product\/service. Remember Parkinson&#8217;s Law: Work expands so as to fill [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/posts\/79"}],"collection":[{"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/comments?post=79"}],"version-history":[{"count":13,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/posts\/79\/revisions"}],"predecessor-version":[{"id":86,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/posts\/79\/revisions\/86"}],"wp:attachment":[{"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/media?parent=79"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/categories?post=79"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.managemyproperty.com\/blog\/wp-json\/wp\/v2\/tags?post=79"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}