Start-up founders are an eager bunch; they're quick to try out new idea and to jump on emerging opportunities. But they should be less eager when they have to tackle problems that come their way. Here's why.
Over at Startup Smart, Ivan Lim, who co-founded an online furniture store called Brosa, wanted to impart some wisdom to budding start-ups founders. One of the lessons he learned on his business journey is to be prepared for everyday mishaps. these mishaps will occur unexpectedly and it's important to not rush in to fix them hastily.
"We can sometimes get in the mindset that we want to fix something so quickly that we underestimate our ability to actually make sensible and effective decisions in high-pressure situations. The key is to train yourself to make decisive calls under pressure -- and this certainly gets easier with practice… "As a startup you are often thrown into the deep end unexpectedly. You have to weigh up your options and make a sensible, thought-out decision. Don’t just react – you won’t make nearly as much progress doing it that way."
You can read up on more start-up advice from Lim over at Startup Smart.
[Via Startup Smart]