#326 FIVE business MISTAKES I did in my twenties - So you don't have to

Hey guys, it's Anatoly, co-founder of Soul2Soul, and today I'm gonna share five mistakes that I wish I didn't do in my 20s. Mistake number one, not paying for a mentor. We started this Amazon business, we found this product, which was a green binoculars, probably for kids. I spent $20,000 on the product.

Essentially, we lost all the money. Instead, I should have taken $5,000 to $10,000, putting it into a mentorship, having somebody told me that this was a terrible idea to run these binoculars, and I would be way, way, way ahead. Mistake number two is around focus. When my Amazon business was kind of running, I opened another agency, then I opened another Amazon brand.

Instead of focusing on one thing that could have been successful, I spread myself too thin. It didn't work out. And right now when people tell me, wow, I run nine businesses or five businesses, I think to myself, you're just unfocused. You cannot spend time focusing on one thing and that is bad for your main business.

Mistake number three. Pain is okay. There was a lot of times when I felt too much pain. I thought this is just me.

Nothing is working I'm trying it and I'm in complete pain and actually pain is okay I learned that you need to go through pain because other people are not ready to go through pain So if you can continue going You gonna get way way ahead Mistake number four thinking that if I go with the flow thing is gonna work out and it never does there a lot of this conception that if you manifest if you believe you just sit down and really pray pray pray pray pray things are going to start shaping up i used to believe that i don't believe that anymore and i don't believe that anymore because every time when i got good results i did ironman triathlon i had to train for it really really hard i uh succeeded in my software business my consulting business all this because I worked incredibly hard, harder than anybody else.

And nothing came as a part of manifestation or anything else. Nothing against people who manifest. But set yourself a goal and then go. Mistake number five, I didn't dial delivery in a lot of things I was doing.

So when you run a service, the important part is delivery. If you can systemize a delivery, you can scale a business. and at one point I systemized my lead generation so well that the leads were coming, people were ready to pay, they're throwing money at me. But because I didn't think through how I'm going to deliver that, the business broke up.

So we could not sustain the load of clients we had and I learned a lot. And now I'm very, very focused on the delivery side and if the delivery can work, then you can figure out how to get people in, which I do quite well. So those are five mistakes that I learned and I wish I knew in my 20s. And I don't regret much, but I say that if those were not there, I would be way, way far ahead.

But for now, we just work hard and do what we need to do.