Startup Blog Insights - 5 Fails Agile Entrepreneurs May Regret and Never Recover

This month, we take another journey into Agile thinking. We will go in-depth into an article on titled “5 Fails Agile Entrepreneurs May Regret and Never Recoverwith Taffy Williams, Examiner writer and entrepreneur, and the co-founder & CEO of Colonial TDC. Taffy gives examples from his experience of Agile ways of thinking and insights on how investors think. Give it a listen or a view!

The 5 Fails Agile Entrepreneurs May Regret

1. Time

Yesterday never get recovered, today you can act on and tomorrow can be part of dreams. Taffy writes "Things you always thought would be fun, wanted to see, or dreams of doing something slip away. There is never enough time to get to everything especially when you are so motivated in building your business. Consider finding one or two of these special things could be added to your to do list. Why lose all of them!"

2. Family

Family can always be there for you but don't take that for granted. Taffy writes "People do not live forever, an important fact to remember. The recent death of the husband of a friend points to how quickly loved ones can vanish. Your children grow and leave home. You may miss those precious times watching them in school events, seeing them date, or going on family outings. If you are not attentive, your significant other may grow weary of you not being around. Sometimes, they grow distant or find other things that take them away. Try to remember that occasionally there is no tomorrow and find a way to enjoy those special people in your life today!"

3. Education 
Education is just not getting a certificate or degree. It is about adding a new skill to your personal tool box. Taffy writes "Education occurs in many ways. Learning on the job is one type while the more familiar is school. Putting off learning about something you always wanted may place you in a position of never learning about it at all. Some want advanced degrees while others want to learn special skills. Try to make time to learn those things important to you or you may regret it!"

4. Interests 

Cultivating interests can give you more balance. Taffy writes "Developing interests and hobbies seems like a waste of time when you are so involved at work. It may seem a poor use of time, but those interests can be helpful and turned to an advantage. Reading books, taking on hobbies and volunteer work are areas for discussion that may make you less boring. Being with a group of people and the only topic you can discuss is your work makes you less interesting. Finding a way to develop a few special interests allows you to connect and communicate better, a true benefit when trying to grow a business. Try developing a few interests that you find enjoyable so you can become well-rounded and less boring!"

5. Property

Security is important whether you have a family or not. It help in case your business takes a different turn. Taffy writes "Many entrepreneurs borrow against their property to build the business. This can result in loss of your home and create hardship for your loved ones. The first thing your family will find of concern is what happens to them in those bad times. It is important to remember that you are not the only one affected by financial losses. Try to put away funds for a rainy day so you can provide extra insurance that ensures your loved ones are safe!"


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