Here I share 3 lesson I learn about life through my business.
1) You don't need much money to survive
We often thought that need a certain amount to live a basic life, the truth is the amount actually varies according to your current situation.
When I just started my business, I drain up almost all my saving and my business is not generating enough money to keep both me and my partner alive. We realize that the only way to keep the business alive is to keep ourselves alive first. So we took a significant pay cut, I end up with $200 pocket money per month and my wife have to help pay for most of the expenses we have.
So I came up with a budget plan where I slowly realize that most of my money is spent on non-necessities and it make me learnt that I actually do not need as much money as I think to survive.
2) Having the right people is imperative
When I hired my first contractor to help me with my business, I did not check whether he is the right man for the job and he ended up screwing up my job. From then on I know I have to choose the right people to help me with my business to push my business forward.
Same things goes in life.
If you chose the wrong people to have in your life, they will only anchor you don't because they cannot see themselves being at different level as you. They will encourage you to do what is convenient instead of what is right. It is a tough decision as you might know this people for a long time, but you have to cut them loose if you want to change your life.
The right people will empower you to do better and will encourage you to do what is necessary. They want to see you do better than them so you can in turn pull them up from there.
Choose your surrounding friends wisely.
3) Don't give up when the going get tough
In business and in life, there will always be down time. It will always be 2 step forward and 1 step back until you reach your goal. The important lesson here is to have a distinct goal and not to give up when thing isn't going so well.
Just know that there is always a way out, you might change your approach but always focus on your main goal. Never give up hope!
