How to start a business and not get punched in the face

How to start a business and not get punched in the face

How to start a business and not get punched in the face

11 years ago I was an impoverished student about to graduate with £14k in debt. I did what any sensible person would do in this situation, and started my own business.

I co-founded with someone who proved to be less than ideal when he punched me in the face during our second board meeting. He owned 49% of my company. Our first annual profit – £200 – was barely enough to buy one iPod touch.

A decade later I’m almost embarrassingly happy and successful, but the road there was long and winding. Here’s some of what I learned:

On you as a founder

On your business idea

On marketing

Everyone has to find their own path, but you can save yourself a lot of time and stress by learning from the best and brightest who have come before you. I highly recommend reading just three brilliant books: The E-Myth Revisited7 Habits of Highly Effective People and the Personal MBA; they’re worth at least a year’s head start by themselves.

Everyone I know who has ever tried had a single common refrain: they wish they did it sooner. If you think it’s your calling, what’s your excuse?

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