Ali (Habib) Mayar Shares: Lessons I Learned from Building A Company From The Ground Up

Last Updated: December 17, 2018By Categories: Tech0 Comments3.3 min read
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By way of introduction, my name is Ali Habib Mayar and I am the CEO of Platinum Rapid Funding Group. My business provides alternative funding for small and medium sized businesses.

As an entrepreneur, I’m often asked about how I becamea successful business owner and what it takes to run a business. It wasn’talways a smooth journey, and it certainly wasn’t without challenges. Here is ashort list of some of the things I’ve learned along the way that are worthsharing.

As an entrepreneur, I’m often asked about how I becamea successful business owner and what it takes to run a business. It wasn’talways a smooth journey, and it certainly wasn’t without challenges. Here is ashort list of some of the things I’ve learned along the way that are worthsharing.

Your Team Is Everything

I would not have success in the business world by myself. Simply put, it is impossible to find success or build success without help. Every entrepreneur needs to have a strong work ethic and the ability to drive through failures, but to really excel, you need to heed the advice of others, and take assistance when you need it.

The more you get into the business world and start to grow, the more people you will end up meeting. My best advice is to choose wisely when it comes to who you work with. You should look for those who have similar visions, work ethic, and similar outlook on life.

Don’t Get Too Big Too Fast

Everyone wants to make a ton of money from their new company right away. The truth is that’s unrealistic unless you get extremely lucky. Even if you hit a homerun with your new business built from the ground up, there are a lot of downfalls of growing too quickly.

For starters, I learned that if you move too quickly, you are more prone to making mistakes that could really hurt down the road. Important factors like quality and deadlines can be overlooked.

Growth doesn’t happen overnight, that’s why it’s better to take things slowly and build up at a rate that is comfortable for steady growth.

Stay Hungry

The first taste of success is sweet but keep your perspective because things will always fluctuate! People who are determined and driven to build a business from the ground up want to be successful, so the journey and the goal of success isn’t complete once the first line of profits are made.  

Motivation is a huge key throughout this. There will be highs and lows when building a company. On the most difficult days quitting will feel like the only solution. While we can’t control absolutely everything, it will help to approach each day with a positive attitude and be thankful for what you have so far, as well as driven to achieve more.

Find A Balance

Balance is huge when building up a company, and unfortunately, that was hard for me to understand at first. I always wanting to work on building my company at all hours of the day, and everything else felt secondary. I was ignoring friends and family, not eating well or exercising as much as usual. After working too hard for too long it really wears on you, and I realize that it’s not healthy to work 14 hours a day, all the time. Sometimes you need to take a step back and balance life out.

Final Thoughts

Anyone looking to build a business should be very excited about what the future holds for them but be aware that it won’t be fun or adventurous all of the time. It is an exciting time as long as you have a passion and realistic expectations. For more tips, or to simply reach out to me, my official website is www.alimayar.com. You can also follow me on Facebook and Twitter to get more entrepreneurial and business advice.

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