‘There’s No Right Time’: Essential Lessons I Learned Starting A Business From Scratch

Don’t overthink it and scare yourself into not taking that plunge.

I’m a young entrepreneur, a YouTube vlogger, and a beauty addict by nature. I started a business from scratch and have seen it grow over the last five years. We are now a team of 14 women based all over the world.

If you had told me a few years ago that this would be my life, I would have laughed. But that’s exactly why I want to inspire other women and let them know that if you have a dream, you should go for it!

Here are five things I’ve learned about running a business:

 

1. There is no “right” time

A lot of people think that there’s a right time for something. “I’m not ready” is always the excuse — I’m not ready to quit my job, I’m not ready until I get my MBA, I’m not ready until I can pay off my car. But life is never going to open its doors and wait for you.

 

Photo: © wayne_0216, YFS Magazine
Photo: © wayne_0216, YFS Magazine

Do you think an Olympic diver is ever ready to jump off the high dive backward? They just go for it. The same is true in business. You are never completely ready. You just have to take the plunge. I wasn’t ready for a lot of surprises in my business, but I trust that I’m smart enough to figure them out as they come.

 

2. It’s empowering to lead a team of women

I never set out to have an all-female company. It just happened based on the hires who were the best cultural fit. I was originally apprehensive because of the “mean girl” stereotype of having too many women working together. However, I realized that that’s a cultural misappropriation reinforced by movies and TV shows.

 

Photo: © mooshny, YFS Magazine
Photo: © mooshny, YFS Magazine

At work, that’s never the case. We all get along very well and treat each other with respect. It’s pretty cool to see ladies supporting each other and wanting the company to succeed. Running a business has changed my personality and who I am. It has influenced my perspective on girl power and what it means to have a team of ladies — smart, creative and passionate.

 

3. No health, no wealth

Avoid getting sick at all cost. Getting sick not only feels miserable, it’s also a loss of productivity. For example, on my flight back from Asia last year, I came down with the flu for three weeks. I assume it was because I booked my travel plans too tightly, didn’t take the time to sleep, didn’t eat healthy foods, and just forgot to relax because I was constantly in “go, go, go” mode.

 

Photo: © Dirima, YFS Magazine
Photo: © Dirima, YFS Magazine

Being out for three weeks meant a huge loss of money and productivity, so now I do my best to avoid getting sick at all costs. Keep your health a priority. Eat fruits and vegetables, take vitamin C and get enough sleep. Everyone thinks entrepreneurs work for 20 hours a day. That’s not sustainable, and not even possible. Prioritize your health, because without good health, you won’t be able to create wealth or enjoy that wealth.

 

4. Prestige does not equal better performance

From my experience, I have noticed that people who best fit our culture are not always the best applicants on paper. Don’t just scan resumes for pedigree, prestige or a big name brand (especially if you’re a small business).

 

Photo: © william87, YFS Magazine
Photo: © william87, YFS Magazine

Focus on these questions instead: Can this person learn? Are they excited? Are they willing to do what it takes to get the job done? My biggest pet peeve is when someone is entitled. I would rather have someone with no work experience and a positive attitude than an expert in her field with an entitled attitude. Hire based on attitude and culture instead of prestige.

 

5. Prioritization is essential

If I wanted to accomplish everything on my to-do list, it would take over 10 years. Therefore, you need to figure out what your priorities are and focus on that. Spending time on Snapchat, Facebook or Instagram isn’t a priority.

 

Photo: © mooshny, YFS Magazine
Photo: © mooshny, YFS Magazine

Have a list of what you should accomplish daily and stick to it. When you get off track, go back to your list and follow it thoroughly. Understand that being an entrepreneur is about focusing your energy on what you want to accomplish.

 

I hope to inspire young ladies to dream big and always reach for the stars. I had no idea that this was going to be my life, but I’m so happy it happened. Is it tough? Yes. Is it worth it? Totally.

All it takes is a willingness to learn one step at a time, and to be brave and courageous. Don’t overthink it and scare yourself into not taking that plunge. All entrepreneurs start from scratch. Learn from the lessons I’ve learned and the mistakes I’ve made. I wish everyone the best of luck.

 

This article has been edited and condensed.

Daisy Jing founded and bootstrapped a beauty product line, Banish. Her team is on a mission to inspire women through their products. This article originally appeared here. Connect with @banishacnescars on Twitter.

 

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