Have a Strong and Clearly Defined Purpose - 15/101 Entrepreneur Mistakes & Lessons
This is a lesson that I've mastered rather recently: whenever you start a business or a venture, there needs to be a purpose, a grand vision and a reason for you doing it apart from money.There needs to be a purpose behind what you are doing, and you use that purpose as a guiding principle for your actions.In my third business: We Want Hemp, my purpose is to. Meaning, I want to raise awareness and recognition of the use of Hemp and begin to tackle things like hemp legalisation and recognition.I did not have a purpose behind my first and second business.With a clearly defined why for starting my business, I have a clearly defined path in which to grow and take the business. With a 'why' I have a world changing purpose.When you start something it has to have a bigger purpose behind it other than making money.Money is the result and consequence of you doing business. The bigger the problem you solve for people, the more money you make.You need to define your own purpose when you do things. It'll give you an overarching principle to follow and a philosophy to have within the business. It'll guide you and affect what kind of products you sell, how you sell them, the people you sell them to, the people you hire and such.If you struggle to define your own purpose, then check out theUnited Nation's 17 Goals, which are 17 sustainable development goals that all government have adopted in 2015. As these goals will "guide global development until the year 2030".These are world changing problems that they have defined and want addressing. See if you can find one that you like the sound of and think how you can play a part in achieving that goal. It does not have to be one of the goals, you can derive a purpose from them and/or work on more than one goal.For We Want Hemp, it'd be goal 12: .Which can be achieved by using Hemp industrially.There are another 100 mistakes that I madehere.
Published on May 08, 2017 06:50
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