4 Things Every Entrepreneur Should Consider
Photo Credit: Ono Kosuki/Pexels
Becoming an entrepreneur requires imagination, innovation, and ambition. There often isn’t one set path, so entrepreneurs have to carve out their own spaces. The MG Design Lab owner, Marcy Garcia, knows this firsthand. Garcia, who is originally from Colombia, created an interior design firm after leaving a larger company. After taking the leap to branch out on her own, she gained a whole new skill set.
“I work on residential and commercial projects,” Garcia tells CircleAround. “I like the personal touch and relationships you create from the residential projects. I love the creativity you can inject into the commercial ones.”
CircleAround asked Garcia what hopeful entrepreneurs should consider as they embark on their career journeys.
1. It's never too late to learn a new skill
Your career now doesn’t have to be your career forever. For example, just because you’re an artist or an accountant, doesn’t mean you can only do art or accounting for the rest of your life. You are always capable of learning new skills, and those new skills may take you in unexpected directions.
Garcia realized she needed to learn more about how to run a business if she was going to continue freelancing. She taught herself business administration skills, such as bookkeeping and marketing, and has grown her company significantly as a result.
“Four years ago, I was a designer that happened to have a business,” she says. “Today, I am an entrepreneur who owns a design firm.”
2. Don't overthink things
“If you feel you want and need to do something, do it,” Garcia advises. “Don't be afraid of losing or not making things right the first few times.”
Making the move to entrepreneurship is scary, but Garcia learned to trust her gut when it comes to making quick business decisions. She says trusting her gut became easier over time.
3. You can't be an expert in everything
While it’s admirable to try and be the perfect employee, it isn’t realistic. Knowing your limits is especially important for entrepreneurs who wear many hats.
Garcia also emphasizes the power of networking, mentors, and having support. “You need people that help you in the process. Don't be afraid to ask for help, and don't be afraid to acknowledge what you don't know. This will take you far.”
4. Always keep learning
“Before, I was a designer with a good eye,” Garcia says. “I started to be more interested in sustainability, and the quality of the products I brought inside my personal home. The more I learn, the more I translate that into my clients.”
Personal interests can help elevate your business and showcase your passions in a new way. When considering new work, Garcia combines her personal and company philosophies with her commitment to sustainability and takes on projects that align with her values. In doing so, she is able to ensure the work she does is a true reflection of her expertise, creating a more harmonious end-product.