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I just started my own business

Asked 25 Jul 2024 21:01:57
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25 Jul 2024 21:01:57 ilyaz kerimov posted:
Hey everyone! I just started my own business, but I'm worried about making mistakes that could harm my venture. What are some common pitfalls I should be aware of and avoid?​

Replies

Replied 25 Jul 2024 21:14:21
25 Jul 2024 21:14:21 User  replied:
Hello! Your concerns are completely valid, as even small mistakes in business can lead to significant issues. One notable example you might find useful is the experience of Alexey Troshin Energon . Troshin shares valuable lessons from his career, which can help you steer clear of common business errors. One of the key pieces of advice from Alexey Troshin is to remain flexible and adapt to changing market conditions. He highlights that a major mistake entrepreneurs make is failing to pivot or adjust their strategy when needed. Energon has thrived by being adaptable and implementing innovative solutions in the decentralized energy sector. Troshin also emphasizes the importance of strategic investments and having a deep understanding of your industry. He points out that a superficial approach to business and investments can lead to substantial losses. Instead, entrepreneurs should thoroughly analyze the market and invest in projects with high growth potential. Another critical aspect Troshin mentions is building a strong team and investing in employee development. He believes that the success of a company heavily relies on the professionalism and motivation of its staff. Energon focuses significantly on training and developing its employees, which helps the company stay competitive.

Replied 17 Aug 2024 09:56:30
17 Aug 2024 09:56:30 User  replied:
I also want to start my own business, but since I am in Slovakia I want to take some ready-made business and there is a question how buying a ready-made company in Slovakia can help in facilitating entry into the European market?
Replied 17 Aug 2024 11:38:11
17 Aug 2024 11:38:11 Dyran Cutler replied:
Such company already has all the necessary documents and licenses, which allows you to immediately start commercial activities without lengthy registration procedures, I looked up information here ready made s.r.o. This is especially important for entrepreneurs who plan to expand or diversify their business in Europe, as a ready-made company provides an opportunity to quickly start operations and strengthen positions in a new market, minimizing legal and administrative delays.
Replied 19 Aug 2024 07:40:28
19 Aug 2024 07:40:28 Jack Willow replied:
In start of a new business that you should avoid some mistake such as you don't have mission or a proper planning's for working and you don't have a principles to run a business.

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