Chasing Achievable Dreams: Tips for Aspiring Entrepreneurs
Starting a business, whether large or small, is a huge undertaking. I don't have all the answers to starting a successful business—I've barely gotten my own off the ground. But I do want to share a little wisdom I've picked up in my early career as a filmmaker and small business owner.
1.) Everyone follows a different path.
I'm admittedly a very prideful person; I refuse to ask for much help. After undergrad, I had a hard time finding a job while watching friends move on with their lives. It felt like I was stuck in a standstill. Mentally, my situation was causing a bit of a decline, but I wouldn't dare show it physically. For my own mental health I had to stop comparing myself to others. You never know what someone else is going through or the help they received along the way. Just like I put on a really good happy face, you never know who else is doing the same. I read an article a while back on the psychological cost of being an entrepreneur. It had the best analogy:
Being a successful startup is a lot like riding a lion. People watch you and think, "Wow, he/she is brave; they must really have it together." Meanwhile, you're sitting up there terrified, trying to figure out, "How the heck did I get on top of this thing?!"
2.) Build a team and ask questions.
If you don't know the answer to a question, the only way to figure it out is by asking. Don't fake like you know; get over your pride before you get something important wrong. I see so many young people try to take on the world by themselves. Making their lives so much more difficult than necessary. The film industry is a team sport. I don't have all the answers. When I first started, one of my main concerns was keeping track of my money. I'm not an accountant, so I sought advice from one. I was having trouble writing contracts—I'm not a lawyer, so I sought advice from one. The best way to fix a problem in business is to deal with it before it ever reaches your doorstep. Speak to people you trust; there are loads of forums online full of people asking the same questions you are. One YouTube channel I frequent for business advice is Marie Forleo.
3.) Move with a plan.
Every step you take on your venture should be strategic. Don't just throw money at your startup—create a business plan. It gives you a foundation. If you ever fall off track, it's something to go back and look at. It makes you ask yourself, "What do I want?" and "How do I get it?" There are no excuses for skipping this step. We live in a digital age; everything you need to know about anything is on the internet. Let me save you a Google search: SBA Business Plan Guide. Take your time, think about the long haul as opposed to the short term. Take it from one of the most competitive and impatient people you'll ever meet—you're not in half the hurry you think you are. Don't rush and make mistakes.
4.) Don't be an ass.
No one likes working with or for that guy in any venture you pursue. Build trust, constantly aim to do the right thing, and be flexible. You never know what someone else is going through, and honestly, it just feels good to be the nice guy.
Until next time,