What A Founder At Femme Financial Coaching Wishes They Had Known Before Entering The Business Industry
Haley, Founder at Femme Financial Coaching, wishes they had known earlier to leverage the readily available knowledge from other successful business owners, advising to "pay attention to what other entrepreneurs are doing," rather than reinventing the wheel. Furthermore, the importance of acting quickly on ideas is highlighted, as "the next thing you know, somebody else is doing it," emphasizing the need to avoid procrastination.
Entrepreneurship, Small Business, Marketing, Social Media Marketing, Financial Coaching
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Haley Kowalewski
Founder
Femme Financial Coaching
University of California, Santa Barbara
N/A
International Relations & Affairs
Coaching, Speaking & Writing, Finance (Banking, Fintech, Investing)
Finance
LGBTQ
Video Highlights
1. Learn from successful business owners: Analyze what successful entrepreneurs are doing, such as their client acquisition methods, advertising strategies, social media content, and email marketing techniques. Adapt successful strategies to your business without reinventing the wheel.
2. Act on your ideas promptly: When you have a creative idea or business concept, don't delay in implementing it. Others may have similar ideas, and the one who acts first often gains an advantage.
3. Abundance of free resources: Take advantage of readily available online resources and information shared by successful business owners through social media and other platforms to accelerate your learning and business growth.
Transcript
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What have you learned about your role that you wish someone had told you before entering the industry? As a business owner, you're not the first person to ever run a business. I wish someone had told me that you can look at what successful business owners are doing and adapt their strategies.
You don't have to copy them exactly, but if they're achieving success in a certain area, ask yourself how you can apply that to your business to get results faster. Many people go to business school to learn these things, which is great. But you can also observe what other business owners are doing every day on social media.
See how they're acquiring clients, what ads they're running, and what they're saying in their social media copy. Look at the emails they send and the software they use. Just pay attention to what other entrepreneurs are doing; it's essentially free information.
I wish I had known this earlier, instead of trying to reinvent the wheel. There's so much information already available. Another thing I wish I had known is to act on an idea once you have it.
For me, this often happens with content. I'll get an idea and then hesitate, and someone else ends up doing it. It's like ideas are downloaded to multiple people simultaneously. Whoever acts on it first often succeeds. So, if you have an idea, you might be getting it for a reason. Don't put it off too long.
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