Categories
Entrepreneurship

Lessons for Entrepreneurs

kyle_aaron_campos.jpg
YoungEntrepreneur: How is that for a title to get your attention? CNNMoney recently put out a series of 8 profiles that look at successful entrepreneurs who have built up their companies despite not having access to major financial backing.
It goes to show you that you do not need a lot of money to get started – you just need to invest the capital you do have and your energy in the right places.
The profiles are a quick read and also include 8 lessons for success including:
Lesson: If you must borrow from your friends and family, keep it formal
Lesson: Prep as much as you can while you’re on someone else’s payroll
Lesson: Do what makes you happy – because at first, happiness is likely to be your main reward
Lesson: It’s not who you know – it’s how well you keep in touch with them
Lesson: You’ll amaze yourself at how cheaply you can run a business when it’s yours
Lesson: That great idea you had for your boss? Maybe it’s the business you’re looking for.
Lesson: Help investors see that taking a chance on you is not that big a risk after all
Lesson: Picking the right partner can be as important as picking a product
How To Get Rich [YoungEntrepreneur]

By Ethan Theo

Abe WalkingBear Sanchez is an International Speaker / Trainer / Consultant on the subject of cash flow / sales enhancement and business knowledge organization and use. Founder and President of www.armg-usa.com, WalkingBear has authored hundreds of business articles, has worked with numerous companies in a wide range of industries since 1982 and has spoken at many venues including the Shakespeare Globe Theater in London.