2020 was not the easiest or fun filled year that we had all planned for. However, I am grateful for having had the privilege of interviewing some great entrepreneurs from under represented communities. From Barber Shop to Care Homes, these founders were all from different backgrounds and shared some tips that they’ve picked up during their journeys. These are the top 10 lessons I will be taking into 2021 from them.
- If you want to start a business, just start it and don’t worry about every little thing – Dan and Tenesia from Earth to Earth Organics. Click here to read their story
2. If you find someone who is doing something that you like, don’t be afraid to approach them and ask them for advice – Carla Sealey, founder of Naked Clay Ceramic. Read her story here
3. Make sure that you have a plan A, B and a plan C before you go ahead – Island Delights’ founder Wade Lyn. This is his story.
4. Be flexible with your plans and be ready to grab opportunities when they arise – Theresa Roberts, founder of Jamaica Patty Company. Find her story here
5. Keep the momentum going, even if it’s just for yourself – Carla Sealey
6. Be a tireless innovator who is always looking for new and faster ways of doing things to improve process and the core product – Wade Lyn
7. Business is about people and the people around it. Therefore, it is important to build relationships with your staff and understand how they work – Roger Waluube of Pelham House Care Home. Click here to findout more about him
8. Understand what financial tools really matter for a small business. For example, Finance at the frontline is not about P&L or balance sheets. A cash flow forecast is what you live by as a small business – Roger Waluube
9.You need to find the right staff to work with. People who can continue to carry out your vision, even in your absence. – Mark Maciver from SliderCuts. This is his story
10. Be open minded and willing to try new things in business – David Adjei, founder of Cognition London. Read David’s story here
If you think you may not be doing something right in your business, have a look at the list above for some ideas on what to change. Are there any other lessons that you’ve learnt but are not this list? Share them wth us!