I came across an interesting article on LinkedIN written by the CEO of SurveyMonkey David Goldberg.This piece is a cleverly presented instructional list entitled What You Can Learn From My Rookie Mistakes, in which the author shares valuable tips that start-up can use to help improve the way they manage their business. 

My favorite tips by David are:

1) “Focus on investors that will add value beyond their cash.” – It is important to deal with people who not only make online cash transfers, but who will also provide ongoing financial guidance and advice.

I could not agree more with this assessment. One of the challenges of seeking funding for your business, is fostering these types of ongoing professional relationships with business mentors like WizOf.Biz who can give you valuable fiscal and business advice along the way to success.

2) “Be ruthless about killing ideas that aren’t working” – Don’t be afraid to fail, failure is what can potentially allow your business to grow and improve. The trick is in being able to tell the difference between ideas that work and those that will not.

No business can truly flourish without failure. Mistakes are the foundation of any business success story. Entrepreneurship is about curiosity, innovation and perseverance despite adversity.

Don’t be afraid to ask for advice along the way.

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