THOSE WHO ’ VE LAUNCHED THEIR OWN BUSINESSES GIVE KEY ADVICE TO BUDDING ENTREPRENEURS
RESEARCH AND
SUPPORT
Starting your own business can be both exhilarating and overwhelming . The freedom to create something new can be exciting , but the responsibility is daunting .
MANAGING DIRECTOR OF ADDITIONAL LENGTHS ,
BUSINESS OF THE YEAR AT 2022 TEES BUSINESSWOMEN AWARDS
VICTORIA LYNCH
PETER CALVERT
From securing funding to marketing , managing operations and navigating any legal requirements , there ’ s so much to consider .
But lots of young people have an ambition to do just that . We asked some Teesside business leaders who ’ ve been there , done that for their advice on starting up your own business …
“ If I could have received mentoring when I started my business , I would have loved for someone to encourage me to delegate sooner , but I was a bit of a control freak . I still am .
“ But the key is to find the right people who can handle what you ’ re not so good at .
“ We may think we can do everything but the reality is , we can ’ t . One of the most valuable things you can do is realise that , so please do it early on or you will hold yourself back .”
FOUNDER OF SOFTWARE
DEVELOPMENT SPECIALISTS EMBEDDABLE , VOTED RISING STAR AT THE 2024 TEES TECH AWARDS
In the tech industry , we have a saying : “ Speak to your users .” My advice for anyone considering starting a business is to “ Speak to your potential customers ”, and do it as early as you can .
With their feedback , you can start to shape your business and what you offer around your market and your target customers . Without it , you ’ re building your business based on what you think is right , but without any validation from those who might buy from you .
THE KEY IS TO FIND THE RIGHT PEOPLE WHO CAN HANDLE WHAT YOU ’ RE NOT SO GOOD AT .”
Feedback will either confirm what you already know , or leave you thinking “ I can ’ t believe I hadn ’ t thought of that !”
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