Ended up calling it a scratch, and finding a last minute pet-friendly hotel.
Starting your first business can sometimes go a little like my camping trip.
It’s easy to get caught up in the excitement of the great outdoors, that we minimize the risks involved, and overlook a couple essential steps of preparation (like a lighter).
As the old adage goes, “If you don’t prepare to succeed, you are preparing to fail!”
Good news - you have everything you need to prepare to succeed.
The resources are out there; you just have to put forth the effort to explore and research the information you need to ensure your business is a success.
Adam Rivette, Barrel Backers Co- founders says, “Learn as much as you can from others before jumping in and starting your own business. It’s not as glamorous as current news sources would have you believe, but if it is your calling, then there’s no better place to be.”
While every business is unique, and every industry has its own set of “quirks”, here are four resources I use to make sure I’m prepared for my next business venture:
A lot of entrepreneurs will work in their desired industry prior to striking out of their own. Learning on someone else’s dime can be great way to minimize your cost of education, while getting the experience necessary to succeed on your own. Such intern opportunities can be super helpful, especially if your chosen business involves technical or trade aspects that may not simply be developed from reading a guidebook or talking to others.
I love hearing from aspiring entrepreneurs. Hearing their passions, and assisting them in turning their dreams into reality, validates everything I do. There are a lot of fellow entrepreneurs out there that share my “give back” interest.
Identify a few interesting peeps in your industry and ask them how they did it. Books and coursework are great, but gleaning candid insight straight from the source – invaluable. Who knows, maybe they’ll even agree to mentor you through your entrepreneur journey, or help you identify additional educational opportunities.
As a college professor + MBA grad, I feel somewhat obliged to say, “take some business courses!” However, taking a couple college classes (Like Accounting 101) doesn’t work for everyone’s schedule or learning style.
In today’s information saturated world, there are a TON of resources available to suit everyone’s educational needs – podcasts, conferences, articles, blogs, videos, online courses, books, etc. Find whatever works for you, and dive in!
Check out the MPR Academy at www.mprcourses.com .
Trial & Error
Every entrepreneur will make mistakes. Don’t be afraid of the trial and error process. Yes, making mistakes can be a big pain (+ costly), but it’s often from these mistakes that we glean valuable (and oft times, unforgettable) knowledge. Recognizing that not all your business decisions are going to be spot on, budget for the trial and error period. Designate a cash reserve – some sort of a cushion to help you tackle the unexpected. Mistakes happen to everyone; the smart ones PREPARE for them.
Learn more entrepreneur tips by enrolling in Hannah’s DIY Marketing & PR for Busy Professionals online course. Graduate from this all-inclusive educational experience with a top notch marketing and public relations strategy along with the nitty-gritty know how to execute in a way that gets RESULTS. Visit: www.mprcourses.com for more information.
About Hannah Becker
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