every small business
entrepreneur should know
Postmedia Content Works
This infographic was created by Content Works, Postmedia’s commercial content division, on behalf of TD.
If entrepreneur Michele Romanow could go back in time and give herself three pieces of advice, she’d know exactly which messages to convey.
Co-Founder & President, Clearbanc
Co-Founder, Snap by Groupon
Building a business is messy.
To build a business and be successful, you really need to roll up your sleeves and get scrappy. I never guessed my career would go from being an engineer, to a fishmonger, to e-commerce, to coupons and now financial services.
But I know I got there because I’m scrappy. I believe people who succeed in business do so because they’re willing to do what unsuccessful people won’t."
All the planning in the world won’t make you successful or save you from failure—you need to execute in the face of risk. Risk-taking feels a little like a muscle.
The longer I’ve been taking risks in my career, the more comfortable I’ve gotten with what that risk looks like. The most important risks we take are to really bet on ourselves."
Move quickly from planning
to execution and embrace risk.
This concept probably took me the longest to learn. Innovation doesn’t usually come from one big idea. It comes from hundreds of little tests until something finally starts to pop.
I have never had this extraordinary confidence in one idea. I tried to find industries that are growing and places where consumer needs were really shifting, but at the beginning, I had no idea if something would work.”
All of your innovation
really comes from iteration.