Ed’s Top Tips – Tip 12- Just get on with it!

Tip 12- Just get on with it!

Ed Goodman, business mentor, author and co-founder of Cambridge Business Lounge, presents Ed’s Top Tips – a series of short and useful guides for starting and running a business. This week’s final topic: Just get on with it!

It’s a little sad as we’ve come to the end of our series of Ed’s Top Tips. I hope you’ve found these tips invaluable pieces of information and helped you understand starting and running a business a little better from when you began. You’re going to make mistakes which are a good thing because this experience is a massive learning curve.

Embrace the fact that you don’t know, what you don’t know. As time passes you’ll gain more experience and develop your skills. It’s now time to end your planning and research and get on with running your business. Here are some words of encouragement from Ed:

There you have it. It’s time to take that step forward and get on with running your business. You can always revisit these blogs or watch a full playlist of all the videos here.

We’d love to know out of all the 12 videos which you found the most helpful and why. Would you like Ed to do more tip videos?  Tweet us using the hashtag #EdsTopTips

10 Tips For Starting a Business

Each week, we ask the coworkers at Cambridge Business Lounge, as well as other members of our growing business community, for their thoughts and ideas to help other start-ups and  small businesses.

This week, we asked the question “What advice would you give to a new start-up?

As ever, we weren’t short of responses (thank you to every one who contributed) and the responses were…

  1. Don’t take all of the revenue out of the business – re-invest!!

  2. Make every friend possible and help them.. It pays back.

  3. Be flexible and provide what the market wants, not what you want them to have

  4. Get your product sold to paying customers asap. i.e. validate that people will pay

  5. Sometimes things that are really low cost are great, but sometimes a false economy. Learning which is which can be painful – best consult people who’ve done something similar and vet your vendors carefully

  6. – Consult people lots

  7. Being self employed, doesn’t need to mean ‘being by yourself-employed’

  8. Fail often and learn

  9. A start up is like having a baby. Think twice before doing both at once.

  10. Do at least two years of financial projections before you go ahead

What about you? What advice would you give to a new start-up business. Email info@cambridgebusinesslounge.com or tweet @CamBizLounge and we will post a selection of responses below.