As an entrepreneur, when you’re faced with a problem, you need to take action as soon as possible.

Show Notes

What do you do when your business feels like it’s about to come to a screeching halt? 

As an entrepreneur, when you’re faced with a problem, you need to take action as soon as possible. Recently, Andrew faced an entrepreneurial roadblock. He owns a business called Grassracks, the best racks for boards, bikes, and skis. During the holidays, they had more orders than ever. Unfortunately, their manufacturer wasn’t catching up - orders were coming, but delays in production started accumulating. Plus, the manufacturer wasn’t communicating with Andrew and his business partners.

If they didn’t figure it out, then they were going to go out of business. Andrew and his business partner decided to take action and organize a meeting with the manufacturer. In that meeting, the manufacturer explained their struggles to produce specific features of the products. Andrew and his business partner were flexible about the situation; production didn’t have to stop as long as communication was not interrupted. Communication with vendors is imperative. For months, Andrew tried to push through the problem. Instead of driving through obstacles, get to the root cause to work around them. Entrepreneurship means showing up and taking action. Eventually, Andrew and the vendor were able to compromise. 

Don’t be afraid to show up and take action:

  1. You don’t know what your vendors are going through.
  2. Things can get lost in translation in emails.

You can’t wait around for other people to dictate your business. Don’t wait for other people to do the right thing. Take as much control as possible. Sometimes, all you need to do is to listen, especially to your customers. If you don’t listen, you’ll lose sight of everything. At the end of the day, our customers and vendors don’t know what they don’t know. 

It is also essential to take into consideration everyone’s style of communication. Some people thrive on tough love; they don’t want to dance around. While on the other hand, other people will get offended if you’re straightforward; they shut down and become defensive. Know your audience when you navigate any roadblocks. Once someone sees your value, then you can navigate roadblocks a lot easier. Overcoming challenges in entrepreneurship can be done by identifying the problem, taking action, and looking at it from every angle.

Enjoy the show!

Resources:

Check out Grassracks

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