That's why there are founders who continue to get stuck in the same problem for months
Posted: Sat Jan 18, 2025 5:53 am
If you don't have focus, you'll end up doing a lot of things halfway, but none of them will really settle. b. Too Much 'Trial & Error' Founders are always trapped in a cycle of trial and error when there is no clear solution. For example, you feel that sales are dropping because the product price is too expensive, so you try to lower the price. Then, if it still doesn't work, you change your marketing strategy — create crazy ads, hire influencers, or do massive promotions. But if the real cause is not from price or marketing, all this effort will be in vain.
You waste time and money trying all sorts of methods, but still don't get bahamas phone number resource the results you want. The problem with trial and error is that you're just trying to guess without any real direction. c. Lack of Knowledge & Experience Not all founders have a business or marketing background, so it's no wonder that many struggle to find the right solution. If you've never faced a situation like this before, it's hard for you to know what steps to take. Knowledge about business strategy, financial management, marketing, and branding is key to finding solutions, but if you don't have the skills or knowledge in these fields, it will be a big challenge.
even years, because there is no proper guidance. d. No Access to Mentors or Experts Another reason why you can't find a solution is because you're trying to solve each other's problems. If you don't have a mentor or expert to guide you, you may end up making the same mistakes over and over again. A mentor or business coach can provide an outside perspective that you may have overlooked. Sometimes, we ourselves don't see what's wrong in our business because we're too close to the problem.
You waste time and money trying all sorts of methods, but still don't get bahamas phone number resource the results you want. The problem with trial and error is that you're just trying to guess without any real direction. c. Lack of Knowledge & Experience Not all founders have a business or marketing background, so it's no wonder that many struggle to find the right solution. If you've never faced a situation like this before, it's hard for you to know what steps to take. Knowledge about business strategy, financial management, marketing, and branding is key to finding solutions, but if you don't have the skills or knowledge in these fields, it will be a big challenge.
even years, because there is no proper guidance. d. No Access to Mentors or Experts Another reason why you can't find a solution is because you're trying to solve each other's problems. If you don't have a mentor or expert to guide you, you may end up making the same mistakes over and over again. A mentor or business coach can provide an outside perspective that you may have overlooked. Sometimes, we ourselves don't see what's wrong in our business because we're too close to the problem.