(MENAFN - PRLog) There are multiple stages on the journey towards becoming an entrepreneur And the most important stage is always in the beginning, and it starts with YOU You have to examine yourself, your goals, your intentions, and exactly you want to do Spread the Word
• Franklin - Tennessee - US
FRANKLIN, Tenn. - Feb. 3, 2019 - PRLog -- Before you are ready for the next steps in your business it's important in the beginning NOT to miss these valuable lessons as you enter in the world of entrepreneurship.
1. Be practical about your money
In the beginning you will have more time than money. However it is important that you review your time as a valuable resource, just like you view your money. When you start to attract money in your business, be intentional about investing it back into your business.
2. Realize that building a business is a huge time commitment
The first thing that budding entrepreneur should keep in mind is that by starting a business of your own, you are allowing yourself to put forth the effort to build your business. This means that you should not waste your time and efforts in any wrong activities. Building your business requires sacrifice. You may not be able to watch your favorite television show, no late night parties, not hanging much with friends during this season of building.
3. Take risks.
One of the most exciting parts of being an entrepreneur is the thrill and exhilaration you get from seeing if something works. You will never know if something works until you give yourself permission to launch out into the deep.
4. Network up.
Your family and most of your friends are going to be with you forever. In order to build and grow your business you have to reach up, and outside of your comfort zone. Find a peer group. Your peer group should be people who you can learn from, people who know more than you. Network with them.
5. Brand yourself.
No matter what you do, it is important to have a strong personal brand. As an entrepreneur, branding yourself is your only real security.
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The Emerging Black Women Entrepreneurs