'The View from the Other Side' w/ Andy Mack

Q: What is the #1 piece of advice you would give someone that is interested in starting a company, side hustle, etc. but just can't quite make the leap?

A: The reality is, entrepreneurship is rarely easy and never simple. It will be far harder than you can imagine. A friend and mentor once told me the hole you dig as an entrepreneur will always get deeper and darker than you think. The trick is to prepare for those moments, surround yourself with the right people and press on.

The best place to start is to network with people who have been through building a business. These folks will help teach you how to navigate obstacles and start your company. You should explore joining a peer founder group. Spend time talking and learning from people who are going through the same journey. Share your insights, ask questions and learn everything you can from other entrepreneurs.

Q: What do you think is the most important thing an entrepreneur starting a new business should know?

A: Building a business feels like riding a roller coaster. The wins make you feel on top of the world and the losses make you not want to get out of the bed in the morning. The crazy part is both ends of that emotional spectrum are possible and likely to occur in the same day. In these situations, do your best to stay even keeled. If you take the mindset that the wins are never usually as a big and the losses are never as bad as they initially seem, you will end up in a good spot.

Q: What do you think are some common pitfalls new entrepreneurs fall victim to?

A: Remember Why You Started.

There will be times you want to quit. Most entrepreneurs have what it takes to get a great job, make good money and have the security and financial stability of working for someone else. Seeing your friends travel, buy new homes and eat at great restaurants is tough as you’re getting started. Remember why you became a founder in the first place: to solve problems and do things your way. This is the freedom and opportunity you dreamt about. One day you will realize the difference between going to work and building your dream business.

Health is Wealth

It'll happen quickly, your business immediately becomes about your team, your clients and your products, and you'll forget all about you. It’s easy to think that nothing else matters. More often than not, your health and wellness becomes an afterthought or not a thought at all.

One of the hardest (and most important) things to do is to make sure you are healthy - eating right, working out and sleeping enough. These things get pushed aside easily. Do your best to build a schedule that starts with these things in mind first. Build the rest of your schedule around keeping yourself healthy. Your new business is not any good without you being at your best.

Q: On a more personal note, how do you feel starting a business can impact your family life?

A: Starting a new company is usually all encompassing. More often than not, getting your business off the ground will take everything you have physically and emotionally. It’s draining and doesn’t leave a lot left in the tank for family and friends. But it's good to include your family and friends in your entrepreneurial journey. Talk to them about your progress and struggles. They want to help.

More from Andy:

I am fortunate to be the Co-Founder and Managing Partner at SnapMobile, a Chicago-based technology consultancy dedicated to helping our people and clients reach for and realize the best version of themselves.

At SnapMobile, we live at the intersection of technology, business and information. At our core, we are a company built to inspire digital transformations for our clients.

We partner with business leaders across the country to strategize, design and build technology that matters. In many ways, we are the "un-agency" - a value driven problem solver, truth teller, and explorer of new business opportunities through emerging technology.

Like SnapMobile’s team members, clients, and partners, I work each day to advance our vision towards a workplace where everyone strives for a constant pursuit of better. Our goal is that our commitment to SnapMobile’s vision-lead, purpose-driven, values-based culture will continually earn us the chance to work with the best people and partner with amazing clients.

Outside of SnapMobile, I am raising two wonderful children with my amazing wife. I am a University of Illinois Alumni, avid golfer and interview host of the DailyVest.

Phil Bellini