(865) 357-7370 kim@sdp-planning.com

Fifteen years ago, CEOs and founders were not considered “cool” enough; they were thought of as boring and bland. Fast forward to 2018 and entrepreneurship is the next best thing, and for good reason. The road to starting your own business and being successful at it, however, is full of twists and turns.

Here are five tips that will make the journey a bit easy.

Know yourself first

Entrepreneurship isn’t for everyone. Not everyone gets a kick out of virtually non-existent weekends and late nights, so get your priorities right and know yourself first.

If you think you want to get into entrepreneurship, find out what drives you and keeps you motivated. To know yourself you need to look at your past habits and actions. Knowing yourself is essential, as when times get tough you need to clearly know what drives you.

Have a plan

There’s a possibility that your first entrepreneurial venture won’t succeed, and that’s okay. It is critical you map out your journey 10 steps in advance. Build your plan with multiple contingencies so there will never be a time when you wake up and question your next step forward. Don’t get me wrong, you can always change your plan but you need to have something to guide you, like a road map. The worst feeling as an entrepreneur is to have a foggy vision. Having said that, ensure that you plan for failure as well. Though it may not seem glamorous, a backup plan is important.

LEARN MORE / Know when to kill an idea

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