Stop overthinking and just start. Don't waste time crafting a perfect 300-page plan or making sure every little detail is in place. If you wait for perfection, you'll never launch your business. Take action now and refine things as you go. Step one—register an LLC. Not sure about the name? Pick one and file a DBA later if needed. Don't let small decisions hold you back.

Learn about exits early—think about them from day one. Even if you're just starting out, understanding what happens in a business sale is crucial. We learned this firsthand in our first business. Due diligence is a powerful tool for any entrepreneur. Most people only go through it once in their lives when selling a business, which is a mistake. In today’s world, especially for young entrepreneurs juggling multiple careers and side hustles, knowing how due diligence works gives you insight into the buyer’s perspective. More importantly, it helps you scale your business strategically. One of the fastest ways to grow is through acquisitions.

Make sure you have a strong idea—something valuable that people will want to buy, not just a cool technology you hope to sell later. Build the right team because even the best ideas fail without the right people, which is why many companies don’t go far.