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Course: Careers > Unit 1
Lesson 6: Advice for entrepreneurs- What advice do you have for someone wanting to be an entrepreneur?
- How do you know if a business idea is worth pursuing?
- How do you prepare yourself mentally to be an entrepreneur?
- How to handle naysayers when starting a business?
- What to think about when taking over an existing business?
- Advice from young entrepreneurs
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How to handle naysayers when starting a business?
Starting a venture can be tough with different reactions to your idea. Listen to those who want you to succeed, but remember, their views may not be absolute. Trying your idea is key, learning from both positive and negative feedback. How you implement your idea can matter more than the idea itself. Keep working and gathering data to build resilience. Don't rest everything on what everyone tells you.
Want to join the conversation?
- how do you really succeed in life(0 votes)
- Success come from u and sometimes people u hang out with and finding something you love to do and not worry how much u make but pay at the end.(6 votes)
- what even are Naysayers?(1 vote)
- "nay" means "no". "Sayers" are people who speak.
"Naysayers" are people who will tell you that starting a business is a bad idea, but who won't give any details beyond that.(1 vote)
- What naysayers Because I don't what they are(1 vote)
- I answered that exact question for jynasia.johnson 6 days ago. Set the "sort by" box to "recent" and scroll down.(1 vote)
- Even when you say this to some other people, what would happen if some of those people are too stubborn to understand if they can't handle naysayers?(1 vote)
- What do you do if someone does not leave you alone after you told them to?(0 votes)
- We’re u talking about stalking? Cuz 911🫣 if not just block them. It’s not that hard(2 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
- Sal answers the question "How to deal with naysayers when starting a business?" as part of its partnership with Bank of America on career and personal finance education (Better Money Habits).(0 votes)
Video transcript
- So one of the hardest things when you are starting as an entrepreneur, when you're trying to start
some type of anything, whether it's a business or a
nonprofit or an organization, is you're going to wanna share your idea and what you're working
on with a lot of folks, and you're going to get
different reactions. And it's not unlikely that you're going to get a lot of folks who
will tell you things like, "Well, this is already done before. "Why do you think you're
going to be able to do it?" or "This has never been done before. "Why do you think you're
going to be able to do it?" And it's very hard to judge whether, okay, are they just being
naysayers and just being negative and I should just power through it, or should I listen seriously
to what they have to say? And like all things, take
this all with a grain of salt, it's hard to know for sure,
but I like to think about whether people are coming
from a point of view of that they really want you to succeed. And if there are people in your life that you know at the end of
the day have got your back and really want you to succeed, I would listen to what they're saying. Now, it doesn't mean what they're
saying is absolutely true. It's completely possible
that they might have a different tolerance
for risk than you do, but it's worth processing. It's worth at least listening. And sometimes when people say, "Oh, well, this has been tried before. "Why do you think you
doing it is going to work?" Well, the answer to that is sometimes how you do it matters a lot
more than the idea itself. Khan Academy is an example of that. I wasn't the first person to think that online could be a way
to disseminate information. I wasn't the first person to think that software could personalize
education for folks. I wasn't the first person
to make content on YouTube or to help teach people through video. But there was something about
how it all came together and also the time and space and how accessible it was
that things caught on. And that would've been
very hard to predict had I not at least tried. And the way that I protected myself from both the positive and negative, positive and negative feedback
(laughs) was I told myself, "You know what? "This is all good information. "I'm going to listen to
what people have to say, "but I'm also going to try it. "And I'm gonna try it in a
way that I can start to learn "what is actually working
and what's not working." And if you can work on
your day job, so to speak, while you start to
fiddle and you can start to build those data points
and points of confirmation that you might be on to something, well, then it makes you a
little bit more resilient to what folks might tell you. And you should keep listening, but you shouldn't rest everything on necessarily what everyone tells you.