“The way we’ve gotten around that is

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“The way we’ve gotten around that is to always work with somebody on a project before we start handing over significant equity stakes or large sums of money. If the trial project goes well, then talk about expanding the scope of the relationship. Sam Altman from Y-Combinator once said something to the equivalent of ‘a bad hire in the first few employees can be detrimental to a startup.’ I’ve really taken that to heart in my business.”

24. Michelle Schroeder. Business Advice from Michelle Schroeder on ryrob
Michelle is an entrepreneur and blogger that runs the uk ka number kya hai finance and lifestyle blog, Making Sense of Cents. Since 2011, she’s been using her background in finance to write great content and grow her blog business to over $70,000 in revenue per month. Here’s her business advice for new entrepreneurs who want to start a business, become gainfully self-employed and avoid the biggest blogging mistakes out there:

“The most painful mistake I see first-time (or inexperienced) entrepreneurs make is that they see others in their industry or blog niche as competition. This can significantly hold you back, as you may never learn industry secrets and tips, make genuine friends, and more.”

"Don't view others in your niche as competition. Network and build relationships." @senseofcents
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“Instead, I think you should see others in your industry or niche as colleagues and friends. You should network with others, attend conferences, reach out to people, and more.”

25. Conrad Wadowski.Best Business Tips and Advice to Start a Business Conrad Wadowski ryrob
Founder of GrowHack, an email subscription of 17,000 founders and practitioners focused on repeatable monthly growth. Here’s the business advice Conrad has to impart with entrepreneurs who want to start a business today:

“At this point, I’ve worked closely with dozens of new technology products. Across the board, the most painful mistake I see first-time entrepreneurs make is placing too much focus on building product versus learning from users. There usually isn’t much risk in building software, but there’s a lot of risk in bringing a new product to market.”