Thinking about your future as an entrepreneur?
One of the most shared articles on Entrepreneur.com is Richard Branson's Knowing When To Quit Your Day Job. Let’s just say that Branson is an uber-rich and successful entrepreneur so it is safe to say he might have great insight on how to make a business work. Here is my summary of his most important tips for entrepreneurs:
1. PLAN. Plan the launch of your business in every detail. You should decide on your office location, product appearance and COMMUNICATIONS PLAN before you do anything.
2. Get on with it. Don’t take too long to put your plan into action, the market may change and you may miss opportunities while you are perfecting the imperfect.
3. Connect with a mentor. You don’t know everything and someone can tell you something. Find people who know your industry or who have areas of expertise in the various disciplines you need to run your business. Don’t be a know-it-all or do-it-all. Networking is key!
4. Find financing. Investment is needed much longer than you think it will be.
5. Be brave. #Roar!