Todays excellent blog is brought to you by JCM Managing Director and Founder, Chris Moran. He’s learnt some valuable lessons along his 8 year journey of running a successful business and today he’s sharing 5 things he wish he knew before starting out. Enjoy!
“I was sat recently in Rhode Island Coffee in Stockport, at the same table that I was sat at when I closed the first ever deal for JCM, over 8 years ago. It made be think about what we’ve learnt in the time since, things I wish I knew, and things I wish I’d let go of a lot quicker.
So here are a few things that I learnt along the way:
1. Never listen to the nay sayers. They will drag you down to their level of never doing anything. If you have an idea, do it. Fail for doing something, not for want of trying.
2. Never be afraid of failure- embrace it. If you come from a bigger company, failure is seen as a negative. When you run your own business, failure is how you learn and adapt!
3. Keep the long term vision, but remember you have to buy things today. People we’ve met along the way who had a vision and an ethos and stuck to it are still here, successful and established. Those who had a eye only for a fast buck have long since gone.
4. There’s no such thing as get rich quick. Stick to what you know and don’t be deceived by the myriad of schemes that offer riches.
5. Absoultely, without question surround yourself with people who are better than you. Employ them, use them as mentors and support. Run a team that is engaged, invested and shares the same values as you. Want your team to excel, grow and challenge you
If I look back on the 8 years, I’ve changed as a person and a businessman. We’ve established a character and ethos about how we all work that is shared around the team. I’ve discovered that this has to be part of the dna of the business, not just some meaningless vision statement. And, we’ve grown, we’re successful and we’re here for the long term.
Here’s to the next 8 years of discovery challenge and growth!”
We’d love to hear from! What are the lessons you’ve learned along the way that you wish you new at the start? Let us know in the comments!