We've all had a great idea at one time or another.
Mine was born in the university cafeteria, with three classmates and a dream. But, as I would soon discover, entrepreneurship is much more than a brilliant idea.
In this article, I'll tell you how my first business idea was born, the mistakes we made, and what I learned from my first big disappointment.
"It was the last semester of university. Between final papers and endless coffees, we came up with something that made us feel invincible: a service that would connect students with job opportunities in real time.
There were three of us: the creative PR and marketing guy, the visionary and the 'realist'. We each brought something different to the table, and that made us feel unstoppable... at least at first."
The First Mistakes:
- Lack of market research:
"We were so excited about the idea that we didn't take the time to research whether there was really a need for our product." - Unclear division of roles:
"Everyone wanted to lead something, but no one took clear responsibilities. Chaos soon ensued." - Underestimating costs:
"We thought everything would be simple and cheap, but small expenses started to pile up."
The First Disappointment:
"The blow came when we presented our proposal to a group of mentors at a university competition. Their critique was brutal: 'Good idea, but it's not well landed, and your model is not sustainable'. We were speechless.
They copied our idea, plagiarised it, and succeeded. I will never again apply for a hackathon.
I felt we had failed, but the worst thing was that we started to blame each other. That's when I understood that a team without a clear vision and unity is doomed."
Lessons Learned that I would like to share with you.
"Do you have a business idea? Take the time to evaluate it, surround yourself with the right people, and learn from the mistakes others have already made.
In my next 90-second video, I'll share with you how to evaluate your idea to make sure it really has potential. Don't miss it!"
"If you want to learn how to structure your first business idea and avoid common mistakes that no professor or business school will tell you about, access my full lesson here for only $20 USD."
Clear, concise, real, concrete and memorable what we are going to share with you. Click here .
Moral of the story
"That first disappointment was not the end of my journey, but the beginning of a career full of learning. Because mistakes don't define your future; your ability to pick yourself up and move on does."
Let us not sin as novices by not listening and executing what the wise tell us.