It has been a while since i posted on the blog, so I thought I would share some of my experiences of being a new business owner and startup.

Our company has recently employed a new staff member and is collaborating closely with a number of partners, in particular, Blue Outsourcing CC and EI Cubed (Pty) Ltd.  The business has grown in leaps and bounds over the past 2 years, wow how time flies.

So lessons for startups:

Collaboration

Collaboration is key to startups, I have realized you cant do everything yourself, so don’t.  Use your contacts and other businesses to help you grow.

Connections

It is not about what you know, it is about who you know.  your past connections can play an important role in obtaining you work and introducing you to the right people.  Spend time with like minded people in order to share experiences and help each other.

Ask for help

Don’t be afraid to ask for help.  It normally comes from people and places you least expect it.

Never stop talking about your business

Talk about your business at every opportunity, people do business with people who are passionate about theirs.

Cash Flow

Monitor your cash flow daily.  It is important to know where your business is at.  Profit is for show, cash is king.

Have a plan

Know where you want to be in the short, medium and long term.

Celebrate your wins

When things go your way, take time to appreciate and be grateful.

And when all else fails, just keep swimming