Starting a business is a rough journey.
Most business owners would not have it any other way. It is a badge of honour which we display.
I, for one, have certainly made many errors along the way. These aren’t mistakes that I’m afraid of, but rather, they have helped me get to where I am now. It is just that if I could have prevented them, the journal might have been a bit smoother and less stressful.
With that in mind, here’s the one thing I wish I knew before I started my own company.
Sacrifices must be made.
Running the company is always the top priority. The biggest misconception about starting your own business is that you must be focused on pursuing your passion. To put it differently, you may love cooking, but in running a successful restaurant business, that should only consume 15 per cent of your time.
You’re likely to spend the majority of your time interacting with customers, marketing, selling, creating business plans, and performing tasks for the business. You’re a business owner first, and chef second.
The sooner you realize this truth, the earlier you will have the ability to start and maintain a business, although I know this is not exactly what you signed up for.