3 Things I Wish I Knew Before I Launched My “Business”

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By Viya
 · 
April 21, 2023
 · 
2 min read

When starting a passion project, it's normal to be filled with excitement and optimism. However, overlooking small details and making assumptions can be detrimental to the success of your project. Being entrepreneurial, I've had my fair share of passion projects that didn't end up how I had hoped. Looking back, there are three things that I wish I knew before launching those projects. These tips could have saved me time, money, and a whole lot of heartache.

Be more pessimistic

As an optimist, it's easy to believe that everything will turn out fine in the end. However, it's important to be pessimistic when launching your passion project. This may seem

counterproductive, but it's crucial to think about the worst-case scenario. Think about all the things that could go wrong and create a plan to mitigate any potential issues. By thinking about the worst possible outcome, you'll be better equipped to handle any challenges that may come your way.

Test the assumption, not the solution

Many entrepreneurs make the mistake of testing their solutions before testing their assumptions. This may mean that you spend months (or even years) building a product or service that nobody wants or needs. Before creating your solution, test your assumption. Verify that there is a real need for your product or service and that people are willing to pay for it. This way, you can create a solution that solves a real problem.

Hold off on your vision

It's easy to get excited about your vision and jump right into creating your solution. However, it's important to hold off on your vision until you've tested your assumption and have a better idea of what your solution should be. By doing so, you'll have a clearer picture of what your vision could look like. Additionally, by holding off on your vision, you'll be able to be more adaptable to the changing needs of your customers.

Starting my passion project was exciting and life-changing. However, there are so many things I could have done differently.

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