{"id":2948,"date":"2021-09-29T11:50:04","date_gmt":"2021-09-29T10:50:04","guid":{"rendered":"https:\/\/hjinterim.wordpress.com\/?p=2948"},"modified":"2021-09-29T11:50:04","modified_gmt":"2021-09-29T10:50:04","slug":"entrepreneurship-how-to","status":"publish","type":"post","link":"https:\/\/hjinterim.tech\/index.php\/2021\/09\/29\/entrepreneurship-how-to\/","title":{"rendered":"Entrepreneurship how to\u2026"},"content":{"rendered":"\n
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Entrepreneurship sign with a sunset background<\/figcaption><\/figure>\n\n\n\n

In a hyper-connected world where everything moves at lightning speed, it often feels impossible to slow down. After reading through hundreds of questions submitted to me this last two months, I thought this one from Joan McMillan touched upon something everyone can relate to:<\/p>\n\n\n\n

\u201cHJ, everyone is hustling. How do we know when it\u2019s time to take it slow, or put the pedal to the metal? How do you put timing to key moments in your career?\u201d<\/p>\n\n\n\n

Timing is everything in life, and it\u2019s particularly crucial in entrepreneurship. People often equate success with luck, but it usually comes down to impeccable [and carefully mapped out] timing. Staying ahead of the curve; predicting market conditions; spotting opportunities before they arise; and forecasting the wider economic, social and technological landscape cannot be underestimated when starting a business. If this all sounds a bit complicated, the most important thing to remember is that the best time to go into a new business is when it\u2019s being run badly by others.<\/p>\n\n\n\n

It\u2019s also important to remember that good timing is less about speed, and more about being in sync. It\u2019s easy to forget this in a go-go-go kind of world, but it\u2019s so important for your career (or whatever it is you\u2019re working towards) and your wider wellbeing too. If you\u2019re starting to feel like you\u2019re just going through the motions and losing sight of why you started, it might be time to take a break, collect your thoughts, get some rest, and re-assess your strategy. You don\u2019t make your best decisions when you\u2019re exhausted or overwhelmed, and you won\u2019t have the capacity to spot new opportunities and think creatively. I\u2019ve always said that if you don\u2019t have time for the small things, you won\u2019t have time for the big things. There\u2019s something to be said for slowing down, taking stock and also in knowing when it\u2019s time to leave altogether.<\/p>\n\n\n\n

‘It is distinctly possible to stay too long at the fair.’<\/em><\/strong><\/p>\n\n\n\n

On the other hand, there are many exciting points in your career [particularly as an entrepreneur] when you need to put the pedal to the metal. Again, this comes down to really understanding what people want, what is set to trend in the industry, and what is going on in the wider economic landscape. When you have this perspective, you can use instinct to move quickly, take risks and say yes! I\u2019ve been known to say ‘screw it, let\u2019s do it’ quite a lot in life, but I\u2019ve learnt that this only works when the offer aligns with a well-timed opportunity.<\/p>\n\n\n\n

As I was writing this, I reached out to a dear friend, he is a managing director of several StartUps. He has his finger firmly on the pulse when it comes to entrepreneurship, so I wanted to hear his thoughts on how to become a master of timing. As always, he shared some brilliant advice:<\/p>\n\n\n\n

“Timing can be everything when starting up. It can be the difference between building a thriving business and not. So often, ambitious and passionate founders start a new startup with incredible ideas which they truly believe in, but either customers aren\u2019t ready, there isn\u2019t sufficient demand, or the market they want to operate in just hasn\u2019t matured yet.<\/p>\n\n\n\n

“Imagine launching an internet business before most of your customers had access to decent broadband? The idea, business model and team behind it could be fantastic, but you could enter the market too early, or too late. So when you\u2019re thinking of starting up, ask yourself: ‘Is the community I want to serve ready for this idea?’ It could make all the difference!”<\/p>\n\n\n\n

All in all, timing is everything in business and in life. If you\u2019re feeling close to burnout, it\u2019s time to slow down. If you\u2019re feeling inspired, don\u2019t be afraid to pick up the pace. In all instances, try to be as observant, agile and open-minded as possible, you\u2019ll be in a much better place to say yes when the right opportunity comes your way.<\/p>\n\n\n\n

Thank you once more for submitting such a thoughtful question. I enjoyed taking the time to slow down and write my response!<\/p>\n\n\n\n

God bless you all<\/p>\n","protected":false},"excerpt":{"rendered":"

In a hyper-connected world where everything moves at lightning speed, it often feels impossible to slow down. After reading through hundreds of questions submitted to me this last two months, I thought this one from Joan McMillan touched upon something everyone can relate to: \u201cHJ, everyone is hustling. How do we know when it\u2019s time … Read moreEntrepreneurship how to\u2026<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-2948","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/posts\/2948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/comments?post=2948"}],"version-history":[{"count":0,"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/posts\/2948\/revisions"}],"wp:attachment":[{"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/media?parent=2948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/categories?post=2948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hjinterim.tech\/index.php\/wp-json\/wp\/v2\/tags?post=2948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}