You could probably call me a ‘serial entrepreneur’.
Over the last seven years I’ve been involved in about five different businesses (and about twenty-five websites or more).
I’ve been a Soapmaker, a Canadian Registered Education Savings Plan rep, a Soy Candle rep, a Virtual Assistant and an Internet Marketer.
And oh the lessons I have learned. Here are my top seven:
1. don’t run a business on credit – Yea, I know, it’s obvious, right? Well I’ll admit right here and right now that I’m just bad with credit.
From the time I turned 19 I became dependent on credit for no other reason than it was cool to have credit. I never learned to live without it and I tried to run a few of those businesses above around credit cards. It just doesn’t work.
I’m proud to say that I now run my business completely without credit cards and am definitely planning to keep it that way.
2. don’t chase opportunities – I am impatient. In the beginning and even later on I would fall for the money-talk.
You know that talk where someone tells you how much money they are making in their business and says you should join them. I did that on more than one occassion.
Quit chasing opportunities and start following real goals.
3. don’t try to be everything – When I started my Soapmaking business I wanted to go big, I wanted to be like a company called Sunfeather that produces lots and lots of soap every year.
It was kinda like trying to build the Titanic when I’d never even built a rowboat. You’ve gotta start with the basics and not try to be everything at once.
4. don’t try to be someone else - Oh I tried so hard to be like other successful entrepreneurs I met online. The one that comes to mind the most though is Alice Seba of InternetMarketingSweetie.com.
Alice is wonderful and she’s successful. Alice also puts out tons of great products and content. I wanted to be like Alice, ok, let’s be honest here – I wanted to BE Alice.
but I’m not Alice. I’m Angela. There’s only one me and that’s what makes my business unique, different and great. So now I just try to be me and as much of me as I can put into my business.
5. really, really love what you do
When you love what you do nothing can stop you.
When you hate what you do anything can stop you.
The businesses I really wasn’t digging made it really easy to just slow right down when I had any kind of issues came up.
6. don’t lie to yourself (aka denial) – Don’t tell yourself lies.
Some people tell themselves it’s ok to spend so much money on their business or that they are in the right business and just need some time to get it right.
Make sure you don’t lie to yourself and tell yourself what you want to hear. Know who you are and listen to your internal signals when something isn’t right.
7. if it’s not working, know when to quit! – Seth Godin talks about something called ‘The Dip’ in his book of the same name.
Basically the dip is a point in your business where it gets really hard and that’s the point where most people quit. So I thought I was in the dip a number of times but really afterwards I realized I just didn’t have what I needed to be in the businesses I had chosen – the drive to make them successful.
If you don’t have an unstoppable drive and passion for a business, then it’s just not right for you.
When I did my first show and interviewed Kelly McCausey, she talked about seeing a ‘Big Vision’ for your company. Do you see neverending possibilities for you business? If so you’re probably heading in the right direction!









Wonderful post Angela! Great tips and it is so nice to see that everyone makes mistakes. Through all of your experiences, you have become a wise entrepreneur!
[...] Post You Should Read: Seven Lessons Learned the Hard Way [...]
Angela! Awesome post! I can relate to each point you made because I have been at each of those points too! It is an amazing feeling when you make that shift and realize it is OK to change course from what you originally set out to do and to move forward with what gives you that unstoppable passion. I have to say though I’m thankful for the mistakes that I made because I don’t know that I would have ever evolved to where I am now without them and found that unstoppable passion and never-ending vision of possibilities. Thanks for being YOU! You add so much value to those that learn from you.
Twitter: AngelaWills
says:
So glad you like the post Christie and Erica! Of course I knew I wasn’t the only one to go through those kinds of ‘lessons’ but it’s nice to have that confirmed, lol
I do believe too that there are some things you’ve just got to do the hard way in order to really find out where you need to be, sometimes that’s the only way.
[...] = 'AngelaWills';In a recent post I mentioned some of my lessons learned the hard way. My hope is that the post will serve as a warning and a ‘don’t do this!’ [...]
[...] If you make mistakes, admit them and tell people what you learned from. I always say I love to learn the hard way, and boy when I mess up I like to make it big. Sometimes I don’t even learn from those big mistakes so I have to do them a few more times, haha. But I’m pretty good at letting my readers know what I’ve messed up and what I think I’ve learned from it. [...]