The more prepared and knowledgeable you are about your business, the less fear you will have about making important business decisions. This is why people often advise you to venture into something you know and fully understand because if you are unsure of your knowledge in the industry you’re operating, you will likely be afraid to make important decisions without consulting someone who’s more experienced.
This may lead to slow business operations, and maybe an eventual failure.
Have faith in yourself, because it helps you take charge. Don’t be the kind of entrepreneur that creates different forms of excuse in order to justify their inability to not take action and make firm business decisions. And never assume that you have more time than you actually do. This is one huge reason many entrepreneurs fail.
Make every day count, and if you have X amount of time to accomplish something, shoot at accomplishing it in a fraction of X, because there might be some challenges along the way that you didn’t consider initially or you might have underestimated or overlooked.