A LETTER TO ALL NEW ENTREPRENEURS
Dear New Entrepreneur,
The very fact
that you're reading this suggests that you're at least considering setting up a
business on your own or you are in one already.
Setting up in
business is an adventure, and like all adventures it involves a lot of hard
work and a good measure of risk (both financial and reputational). So, I
suggest you take the Entrepreneurs Test before moving on. Be honest and
reasonable to yourself.
Welcome back!
Having taken the test, let us have the basics of starting a business:
you need an idea, focus, passion, drive and people.
You need to believe in yourself and convince yourself that you can:
start small and grow your business. And you must know why young entrepreneurs fail.
However, knowing
the above does not remove the risks and challenges entrepreneurs
face. Even family businesses face challenges. You must plan ahead
and take bold steps. Business success is simple if you stick to
the patterns that yield results and overcome as much limitations.
Use your mind
and continue learning, especially from poor decisions and mistakes.
You need persistence, in the early stages and from time to time, visit
the 100 things Leke taught me for guide. Sustain your loyal customers
and manage the angry ones properly so they won’t become bad vibes. Keep records
and complete accounts.
Remember to
have online presence. Learn simple social media tips and how social media affects business industries today. Be swift about these so you don’t
get stuck with the time wasters successful entrepreneurs avoid. Explore
Google innovations for cues you can use effectively; they will help you.
Finally,
balance all these with your business plan, launch (if you must) and
start getting seen. Don’t procrastinate any of the steps above and
always write things down; they will help you to innovate and grow. Vie
to be excellent, be consistent and always dare when necessary.
You will succeed! Don’t forget: “It is not what you know that count but, what
you do with what you know” – Sam Adeyemi.
Welcome to the
world of business.
Please, share with as many that need this information.
Also
read:
Believe in Yourself, Save Tomorrow, Don't Procrastinate, Stay Motivated, Think Outside the Box and Just Start Something
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