One of the biggest mistakes any young entrepreneur can make is to begin to believe they know everything there is to know about their particular field of business. There is always more to learn, and if you dont believe it, just wait and see what your competition teaches you next year when they run you out of business. If you want to stay on top of your game, the best thing you can doif you have not done so alreadyis avail yourself of a couple of business courses at the local community college. These courses can teach you something you didnt know yesterday, which will better prepare you for tomorrow. You have to assume that your competition has done their homework and is working twice as hard as you are. If youre to stay competitive, sign up for a class and see what you can learn.
Starting a small business on your own can be a powerful learning experience. But your learning is going to be limited to what you experience through your own mistakes and triumphs. Better people than you have been down the path before you, and their knowledge is there for the taking. You would be a fool to pass up any opportunity to learn from those with more experience and more education. It can...