Introduction to your new business
Good evening LJ's I am writing this blog to be totally transparent about being in business, not so much as what conventional business people teach (this varies locally) or sugar cote and tell you it is easy street, because if it is I still haven't found the map or the street. But this blog series is to show some of the learning experiences I been fortunate to learn. One of the first things you need to ask yourself is "am I willing to lose" if you aren't willing to lose things you won't be very successful, Some of the things I have lost are the support of some of my family, and friends, time, happiness, and some of my sanity!!! Second you must be willing to say no and mean it, Saying no to neighbors, friends, and family when they expect free or low cost labor or materials. Third you must be willing to accept punishment for your choices, Sources come from not conventional sources that you expect but places like your job not liking you running a business on the side, your friends criticizing you for not hanging out, risk of losing your savings, 401k or even your equipment (loans ie ! As my friend Diettra put it- people will not always agree with what you do, But you can't let them determine your destiny or what you do is let them tell you how far you can go.
Make sure before any papers are signed who's on board, who's not. Assemble a team of advisers, this can be friends, family, or acquaintances professional or personal who share your vision and are willing to see you succeed '
this makes the process easier and lessens failure's opportunity to creep in
As a final thought before I let you go ask yourself these 7 questions that successful business people ask themselve on a daily basis
1. Who am I-( Am I strong enough, Where are my weaknesses, How can I improve them)
2. What do I do- ( What am I in business to do- ie: woodworking, coffee shop)
3. What is going to make me successful at what I do
4. How am I going to accomplish this goal
5. What are my resources available to use to accomplish this goal
6. When am I going to do this
7. Am I willing to accept failing everyday in order to learn
In the next part I will cover how to start from ground zero
until then take care
Good evening LJ's I am writing this blog to be totally transparent about being in business, not so much as what conventional business people teach (this varies locally) or sugar cote and tell you it is easy street, because if it is I still haven't found the map or the street. But this blog series is to show some of the learning experiences I been fortunate to learn. One of the first things you need to ask yourself is "am I willing to lose" if you aren't willing to lose things you won't be very successful, Some of the things I have lost are the support of some of my family, and friends, time, happiness, and some of my sanity!!! Second you must be willing to say no and mean it, Saying no to neighbors, friends, and family when they expect free or low cost labor or materials. Third you must be willing to accept punishment for your choices, Sources come from not conventional sources that you expect but places like your job not liking you running a business on the side, your friends criticizing you for not hanging out, risk of losing your savings, 401k or even your equipment (loans ie ! As my friend Diettra put it- people will not always agree with what you do, But you can't let them determine your destiny or what you do is let them tell you how far you can go.
Make sure before any papers are signed who's on board, who's not. Assemble a team of advisers, this can be friends, family, or acquaintances professional or personal who share your vision and are willing to see you succeed '
this makes the process easier and lessens failure's opportunity to creep in
As a final thought before I let you go ask yourself these 7 questions that successful business people ask themselve on a daily basis
1. Who am I-( Am I strong enough, Where are my weaknesses, How can I improve them)
2. What do I do- ( What am I in business to do- ie: woodworking, coffee shop)
3. What is going to make me successful at what I do
4. How am I going to accomplish this goal
5. What are my resources available to use to accomplish this goal
6. When am I going to do this
7. Am I willing to accept failing everyday in order to learn
In the next part I will cover how to start from ground zero
until then take care