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.

Networking for the success of your business

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Anglicism “networking” is a well-known veteran in the business world. It is considered one of the best strategies to expand your network of contacts, especially if you are an entrepreneur. The objective of this technique is, above all, to connect with people who need what you offer or who can recommend you to those who are interested in your business, since it is always preferable to generate professional relationships through someone you trust.

 

The beginnings are usually complicated, but one of the most important factors when reaching the excito is counting the right resources. Networking can be one of the keys to making that not a problem, helping to build strong and beneficial professional relationships for both parties. In this way, apart from publicizing the business or service, it can also be a great boost for your company and its development.

 

How to Do Networking?

 

There are many ways you can make your product or service known: One of the most beneficial networking sites is at events. They are an ideal place to receive feedback on what people perceive from your business and, of course, to be able to meet those who are interested in the possibility of joining your team, of becoming your customers, in your suppliers or even of forming a new synergy p offers a slob.

 

Another way, which lately is doing very coworking. Sharing a workspace, like the ones we have in Espai114, where entrepreneurs and professionals develop their activity, can bring many advantages. One of them is the exchange of information or the help that you can receive from those around you, getting different contributions and knowledge of each one and also, why not, find customers.

 

Finally, another way is through social media. Linkedin it is one of the great platforms today that is helping many workers and companies to meet, hire and recommend others. It is perfect to maintain contacts of your interest and connect with them for your projects.

 

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.

Financial intermediation or financial broker

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Do you know what financial intermediation is?

When it comes time to buy a home and borrow from your financial institution, doubts always arise.

If you have to start a business, you are forced to make some investment in assets. You think your trusted bank will figure it out for you.

But all of a sudden, your bank doesn’t give you the mortgage you need?

Doesn’t your bank give you credit for your business project?

You need a new point of view to access the funding you need. Someone to accompany you throughout the process of buying your first home and they will clarify all the doubts that overwhelm you. Mortgage at fixed rate or variable rate? Is it possible to have a mortgage of 100 of the value of the estate?

 

 

You need someone to help you realize your business plan and be able to present yourself as it is due to other entities that will open the doors, and a better price.

We negotiate for you with the bank that will grant you the mortgage loan or personal loan.

We will do what is necessary to have new funding lines for your projects and your entrepreneurship.

 

Espai 114 has the experience you need to help you at this crucial time. We are your financial intermediation

You don’t lose anything contacting us and telling us your situation. We work successfully and discreetly.

Your mortgage with the best conditions. Free and agile analysis. Up to 100% of the buy-and-sell value. Accompaniment to the same signature.

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.

Form yourself for free!

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Do you know the subsidized formation?

Whether you are active at work or unemployed, you have probably wondered at some point how to reinvent yourself, improve your skills and open up new opportunities in the workplace.

Formation is the most useful tool to improve your resume and grow professionally.

What is subsidized formation?

They are free courses that are part of the Formación Profesional para el Empleo (FPE) and depend on the Ministry of Employment and Social Security. These subsidized courses will allow you to form and acquire knowledge of the course, and can also serve as a cover letter when looking for work.

In Espai114 we provide subsidized formation courses aimed at workers, freelancers and people in unemployment. We do this in close collaboration with Carmen Jiménez from Enebra and Criteria Recursos Humanos, to be able to offer a wide range of courses that adapt to the different needs of the students.

Some of the most successful courses during this last call have been Emotional Intelligence and Mindfulness.

The concept of Emotional Intelligence refers to the ability to recognize one’s own and others’ feelings. The trainer in this field has been Isabel Lerín,and the course aims the following aspects:

  • Improve professional training in order to use emotional intelligence at work.
  • Learn what emotional intelligence is and the impact it has on our lives on a cognitive, attitudinal and psychological level.
  • Know the basic emotions to enjoy better intra-personal and interpersonal relationships.

 

On the other hand, the concept of Mindfulness refers to the ability to recognize what is happening while it is happening, accepting the way things are happening. The Mindfulness course aims to:

  • Provide the necessary techniques to increase levels of awareness, contributing to better change management, optimizing decision-making, managing day-to-day crises and challenges, as well as obtaining well-being and high personal and professional performance.
  • Establish an action plan for personal and professional improvement in aspects of self-awareness, emotional control, change management and general well-being.

If you are interested in expanding your knowledge, this is your chance!

Visit our Subsidized Training section and you will be able to consult the courses that will be taught soon. Join!

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.