Question

What can young entrepreneurs with business ideas learn from Hyman and Fleiss’ experiences? Run the runway - entrepreneur

Answer 1

From Hyman and Fleiss' there is so much to learn for the young entrepreneurs. Following are the learnings that a young entrepreneur must learn are:

• Before launching the business officially, first launch the startup on a trial basis for a time limit.
• Secure yourself with other job options, if the startup does not work out.
• Don't waste the time by strategizing the business and making plans.
• Just go and launch the ideas and fail as quickly as possible and then figure out the things quickly.
• Always try to gain the confidence of the people.
• Do as many experiments as you can do in your business.
• Don't think if you do not have enough experience in the area of your business, just go and launch your idea. You will get your experience soon.
• Always remain aware of your strengths and weaknesses.