Painful Moments for CEOs and Founders

Do you want to find out what other people have learned from their darkest moments in business? Do you want to learn what lessons some of the successful and famous entrepreneurs have learned? Where can you find secure and affordable business funding like a cash advance to grow your business? Just read below and you’ll know.

 

Dark Moments for Successful CEOs: Need a Cash Advance?

Are youin a situation where you think you’re going to fail?What about the most successful business owners? What failure entrepreneur lessons can you learn from them?

 

Before moving forward, let’s not forget that no business or startup can take its first steps and reach success without the necessary access to working capital.Getting the right business financing solution is critical to your success.

 

So, look for a reputable business funding provider or alternative online lender that offers exceptional financing options that can help you grow your business. Only with a respectable alternative online lender, both traditional and high risk merchants can get approved for business funding like a cash advance without major challenges and enjoy the lowest possible rates in the industry.

 

Now, let’s focus on some lessons to learn from:

 

  1. Rand Fishkin, CEO of Moz and Co-Founder of Inbound.org, says that one of the biggest mistakes Mozhas ever made was to go on building “big bang” projects that could be realized during many months of development time without having enough vision of their progress.

 

Fishkin believes that missing something you budget and plan for by over a year isn’t a good thing in the startup world.

 

  1. Hiten Shah, Co-Founder at KISSmetrics, says together with his co-founder he spent $1.000.000 on a web hosting company that never launched. Perfectionism made them build the best thing they could without even having an idea what their customers cared about.

 

Shah notes that it’s important to spend smartly, optimize for learning, and stay focused on customer delight.

 

  1. Dharmesh Shah, Co-Founder and CTO of HubSpot, says his biggest mistake was to head up two different startups at the same time.After Shah bootstrapped a reasonably successful software company, he thought he had a team in place, and the company didn’t really need him. So, he started doing something new.

 

Being a “parallel entrepreneur” was his biggest mistake. In fact, this was a big mistake at many different levels. Shah believes you can’t be all-consumed by two companies at the same time: it won’t work.

 

Shah’s advice is to never try to ride two horses at the same time. Even if you have a complete, total focus, your startup is likely to fail. Dividing interests across two startups basically guarantees failure.

 

As Arianna Huffington has noted, learning early on your failure is needed in success. It’s important to stop dreading failure. Huffington strongly believes that people aren’t put on this Earth just to accumulate victories and trophies without having failures. She believes people are put on this world to be whittled and sandpapered down until what’s left is who theytruly are.

 

 

Author Bio: As an account executive, Michael Hollis has funded millions by using alternative funding solutions. His experience and extensive knowledge of the industry has made him a finance expert at First American Merchant.

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