The early days of any business are hard. Even businesses who have made it big such as Ben and Jerry’s had to go through some really tough times when they started out. So how did they make it through, build a successful business, and not give up on the way?
Some would say that it takes sheer obstinacy to build a business. In a way they’re right. If you don’t have the ability to stay calm and keep carrying on when things aren’t going well, you’re not going to make it. But there is more to being successful while building your wedding business. A tip from the Young Entrepreneur Council in their article is to first know yourself well. Know your strengths and weaknesses and work with them. If you don’t know what you’re bad at you will make a lot of mistakes that could sink your business. At the same time knowing your strengths lets you capitalize on them while working on your weak spots or outsourcing the work you can’t do well.
This feeds into another thing which is to avoid unneeded expenses. It’s easy to look at a larger company, see what they are doing and mimic it, even if you can’t afford to do so at this point in your business. Realize that there are some things that will eventually be a great help to your business, but might be too much of a financial drain right now without providing enough of an increase in income. Success in the early days of business can be defined as determination moving your business forward while being able to balance expenses in a way that allows for future growth. What do you think?