The most common mistakes when it comes to entrepreneurship

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I think we all know that entrepreneurship is not an easy task. We want to start a project, show it to the public and make it a good reception, but putting it in motion means making mistakes, and learning from them.

In this post we want to inform you of some of the most common mistakes when it comes to entrepreneurship.

1. Not making a Business Plan: Indeed, you have to have certain knowledge and tools to properly realize a Business Plan. But it is so important that you cannot avoid this initial step. You’ll need to be clear about what funds you have to get the business going and where you’re going to get it from. What expenses you’re going to face, too. You will make a forecast of income and expenses that will be revealing. It’s a great exercise!

If you want us to send you a Business Plan model, write to us here: I want a Business Plan

2. Lack of long-term vision: When starting a project we have to take into account many things, and one of the most important is to have a short-term and long-term forecast. Will the needs of the population be changed, or will they be the same? Will the market be himself in 2 or 3 years? Will the product or service I offer remain viable? Having a long-term business vision can prevent your product launch from failing.

3. Lack of communication: Communication is basic, and when offering a product we must know how to communicate and project what we want from this product. Customers must always know what you represent and that it sets you apart from great competition. Differentiation is a key point to success.

 

4. Lack of leadership: Behind a company there has to be a person capable of steerging it on the right track. This person must be a leader, and he has to know how to communicate, in addition to having a series of knowledge that helps the development of the product. It must be persistent, constant and have a good attitude when it comes to facing new challenges and overcoming difficult situations.

5. Not learning from our mistakes. It is a very common mistake, we all make it, and this is not synonymous with failure, on the contrary, it will give us the opportunity to learn how to do things correctly. We must not give up easily, we must face problems, and above all, learn from mistakes and not repeat them.

There are several reasons why an entrepreneur may fail, but lack of communication, leadership, disregarding what can happen in the long run or not learning from mistakes are some of the most common mistakes. If you want your business idea to thrive, keep in mind what is explained in this post.

We are the Business Center of Badalona, to give visibility and possibilities to your business.

In Espai114 together we are a team; we want to inspire you and accompany you.

How to expand your facilities without making works

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Normally, when we start a business, we don’t have space to have a meeting room or one in a position to make presentations of new services or products to our customers. We do not have facilities to offer training courses for our employees or to organize conventions of collaborators or suppliers. If we are in any of these cases, it is not necessary to consider making works or looking for a new and larger venue with the discomfort that would entail.

 

When we have the need to call a meeting and have nowhere to do it, there is the possibility of renting a room elsewhere, which may be close to our business or in a certain place. The best option is to rent it in an establishment designed specifically for this use. This way it will be easier for the space to be equipped with everything we may need: furniture, Internet connection, projector, sound system, multimedia and much more.

In addition, many of these rooms are modulable by varying their layout according to our needs at all times, being usual that they can adapt to different purposes: meeting room, trainings, workshops, exhibitions, etc.

 

At Espai114 we offer you The Meeting Room, our space in Badalona, versatile and open, specially designed to achieve different functions and adapt to changes and all kinds of needs. It is ready to host all kinds of meetings such as meetings, afterworks, conferences, courses, training, events…

In addition, we offer you two options; rent only the private room or rent all the space (two floors). Ask us for more information through the form you will find here.

 

We are the Business Center of Badalona, to give visibility and possibilities to your business.

 

In Espai 114 together we form a team; we want to inspire you and accompany you.