“Falling blindly in love with an idea.

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“Falling blindly in love with an idea. Entrepreneurship needs passion, but love can be blinding. Many entrepreneurs believe in their idea so much that they fail to validate it. They tend to dismiss negative feedback on their products or neglect collecting some. And they end up missing product/market fit. Overcoming that requires taking some distance with the idea and applying intellectual honesty. My advice is to talk to potential customers or users from day 1 and for every day after that: never stop collecting feedback. We’re now 25 people on the team at Scoop.it, but I still answer support tickets and take sales calls because there’s nothing as real and valuable than a direct conversation with a customer.”

"Don't dismiss negative feedback and never fail to validate your idea." @gdecugis
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“Thinking that ideas are more important than teams. I hear a lot of first-time uk ka number kya hai tell me ‘I have a great idea for an app; I just need to find a technical co-founder to code it.’ But successful startups iterate their original idea constantly based on market feedback. Sometimes they even radically pivot like Paypal or Slack. Only great teams can do that, so the execution is much more important than the original concept. And it’s easier to change the idea than it is to change the team.”

Note from Ryan—if you’re a developer or engineer, one of the best ways to pick up some side income (to allocate toward your future business goals) is to find some well-paid WordPress developer jobs that can pad your savings a bit.

44. William Harris. How to Start a Business Advice WIlliam Harris on ryrob
William is the founder of Elumynt, a growth marketing agency and a contributor for Entrepreneur, FastCompany and TNW. For first-time entrepreneurs, here’s William’s best business advice:

“The most painful mistake I see most inexperienced entrepreneurs make is not delegating tasks effectively. I actually came from a nursing background where bad delegation meant someone could lose a limb–or worse, their life. The nurses that didn’t delegate would be busier, risking careless errors from trying to make up time by cutting corners. Business owners try to do the same thing.”

"Outsource tasks that stop you from doing what only you can do in your business." @wmharris101
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“I advise entrepreneurs who struggle with this problem to first get their tasks organized and written down. I like Asana for this. The tasks that they find themselves adding repeatedly are tasks that they should think about delegating. At the end of the month you need to send out invoices, add numbers to your analytics spreadsheet, etc. Find someone else to do that. The hours you save by outsourcing these types of tasks will help you focus on the things that only you can do–like plan the actual blogging strategy and direction of the business.”