With this post, I am starting a new category on Startup desi, titled Mistakes I make. When I know where I am messing up, the chances of repeating those mistakes will go down.
The mistake I am making now: working on too many things.
Most startup owners work hard. I am no exception to that. But working hard on too many things is not good. Right now, I am working on the following,
- 3 New excel training programs
- 1 Video book
- 1 Product upgrade
- 1 e-book upgrade
- 1 New product
- 2 News letters
That is apart from what I already have:
- 1 Training program
- 2 Products
- 1 E-book
- 2 blogs
- 1 News letter
- Consulting business
The problem is not with working on too many things. But the problem is working on too many things, that go live at the same time. Since the launch is near, I am kind of psyched and worried whether I can do justice to everything.
What I am doing to fix this mistake:
I am doing a couple of things to fix this mistake.
Prioritize: Sounds lame, but what I did was, I wrote down all these things on a paper and then asked my self, how important each of them is for my business. Then, I crossed out anything that is not important or not a huge revenue stream for my business. Next I wrote dates next to each of the activities and arranged them in a timeline for next 3 months so that I can give enough time to each of them.
- Hire someone: Apart from the new business ideas, I have a ton of things to take care of on day to day basis. For eg. I have a pressing issue of modifying my site’s code to enable nested comments. But I do not have time or skills to do it my self. So I have asked my classmate, Kida to help me. [my thoughts on hiring]
- Freeze: I have a temporary freeze on any new ideas. I know this is probably harmful. But I am not entertaining any new implementations unless they are mandated by my customers.
But I am still neck deep in trouble and just waiting for the busy period to be over. I know I have made a mistake of saying yes to one too many things. But I have learned my lesson.
What mistakes do you make?
We say, “to err is to human”, but only very few understand that making mistakes is one of the great gifts of being human. You can always stand up, dust the sleeves and run again.
What mistakes did you make? and How did you realize? Share using comments.