March 02, 2017 6 min read
Those who choose to take on the entrepreneurial route do just that, they CHOOSE. They hang up the corporate suits and dive into what was once a passion project. Through my short journey thus far I’d say that it is that first step that is the hardest. I’ll be the first to admit it practically took me 2 years to actually take the leap and it was all after a “come to Jesus” moment with my sister harping about how I always strive to help others with their projects instead of focusing on my own. So here we are… after a 3-year experience at a risk management firm… yes, that is a fancy and real term for insurance broker, (and no, I’ll save you the time; I cannot help you get a cheaper auto or house insurance quote) and throughout my second year of my MBA with a stint at a local startup, I decided I was going to go for it. November 2016, I began to put 150% of my time, besides studying and working, I dove into my business and began the process of turning it from an idea into an actual product.
Although I don’t have an actual product yet, the amount of things I’ve learned and taught myself throughout the journey thus far has been AMAZING. Hopefully they help you out too!
I gave myself deadlines for about anything and everything, how long it would take me to design the exact products I wanted, by when I would have my core color choices decided, measurements and material makeup, website photos, I even gave myself a deadline for when the email had to be sent requesting quotes for vendors and just like anything else I gave the vendors a deadline for a response. FIRST LESSON, not everyone has “the American” work ethic. Seeing that I have a Peruvian family I should have known better to expect vendors to meet the deadline, and yeah that messes up your timeline.* So as of now I have scraped the whole 6 month plan and stuck to working on it week by week. Trust me, they are probably sick of my “just checking in” emails.
Any who, morale of the story, take the time to focus on the details, because as small as the piece might be, it can make the biggest impact on your overall product presentation.
And let’s not forget all the other costs related to even starting your business… which I’ll explain in a later post…
As with anything, with struggle and hard work comes reward…. And I can’t wait to share mine with you and learn more about yours! Feel free to comment and ask questions.
*This of course is not to say that ALL Peruvian vendors are not punctual, but some are definitely not. No one’s fault, just part of the culture and something to adapt to.
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