It’s one thing to dream of being an entrepreneur and another challenge to actually be one. I find that the hardest part is starting. As a businesswoman and entrepreneur, I assembled a few simple tips to help you and your business get off the ground.
Do your research
If you expect to position yourself as an entrepreneur, the first step is research, so if you are reading this, you’re on the right track. Don’t just research great entrepreneurs. Research the field you want to break into. If you don’t know the industry inside and out, people are not going to take you seriously, and you will struggle to find funding.
Make a plan
Structure sets your business up for success. Include milestones and goals. Finish the fine print. If there’s an onerous problem you can’t seem to tackle, hit it head on now. Without a semblance of organization, loose ends slip through the cracks.
Hone your communication skills
A massive part of entrepreneurship is communication. You need to be able to communicate your ideas. You need to have the finesse it takes to sell others on your company. You need to be able to build relationships with people who will advise and support you. As Richard Harroch says,
“Consider working with a public speaking or business coach to practice, get professional feedback and improve. Some of the most recognized entrepreneurs were great public speakers, such as Steve Jobs.”
Don’t try to do it all
Be it through the support of mentors, hiring employees or accepting that you may need more time than you initially planned on needing. People who try to do it all end up burning out. Don’t overexert yourself and lose your passion as a result. People are there to help because no one can do everything. As described by Elise Mitchell, “Passing on tasks empowers others, gives you new perspectives and brings new skills to the table because of the broader team that’s been engaged.”
Find a mentor and get feedback
As someone who is passionate about mentorship, I encourage everyone to go out and find someone that you can look up to and also glean insight from or in other words, I encourage everyone to find a mentor. There is no reason not to seek out help from someone who is already willing to offer it to you.
Creating leads to some inevitably bad ideas. When you stand too close to an idea, it can be difficult to accept that this is one of the duds. Remember that mentors have your best interest at heart or they wouldn’t be donating their time to you. Accept their feedback and grow from it. They want to see you be successful almost as badly as you want to be successful. Part of that is a healthy back and forth so that when your idea or company does hit the market, you already worked out most of the kinks.
Steve Jobs said, “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” Without passion, people are not as inclined to do great work. Don’t settle for anything.
Don’t give up or lose sight of your goal
Failure is inevitable. Don’t let this deter you. If you have an idea that you know is brilliant, keep going. Sometimes it just takes the right investor or the right consumer for your entire company to take off.