5 Tips For Entrepreneurs

February 2, 2014

a1481977-8984-4cbe-9061-8fbbf97f923f

I’m fortunate enough to be an owner for four separate businesses.  Some of them take more time and energy than the others, but they all require some of the same things to keep going, and be successful.  Some of what I’ve achieved is luck, but a fair amount can be blamed on a few simple principles.

5 Tips for Entrepreneurs

  1. Be Flexible – If one thing doesn’t work, then try another.  There may be multiple approaches to a solution for the same problem.  Some of them will likely work better than others.  Be willing to change things up and try to do things differently, if you aren’t successful at first.
  2. Be Persistent – Success takes persistence.  new businesses weren’t born in a day.  Chances are, you’re going to have to keep plugging at things to make them successful.  It will be a long, slow slog. Things may pop, but they also may take far longer than you ever expected.  It took Extension of You 2 months longer to get our license than I thought it would.  So we used that time other ways, to make the best use of our resources.
  3. Accept that there will be Bumps in the Road –  the path to success is never smooth.  Things will go well, until they don’t.  Sometimes they go really bad.  But you have to keep going, to get over the bumps.
  4. Develop a support network – Let’s face it.  Going it alone is really tough.  Having a support system is key.  I find that having friends who know different sides of what’s going on, and can offer different perspectives, or just listen to me vent is helpful.  That support system isn’t my husband.  He doesn’t need to hear all about it day in and day out.  I think I’d probably drive him crazy.  I do talk to him, but not about every minute detail.  That’s what my support network is for.
  5. Find and use your resources – For me, resources have come in the strangest places at times.  My Dad’s geriatric care manager has 25 years in the industry, and has given me piles and piles of ideas  and information.  I have several friends from Girl Scouts who have given me pointers, and ideas, and pointed me in the right direction.  Who would have ever thought that Girl Scouts would have been a huge resource for me?

In short, it’s going to take time, and you are going to need help.  The sooner you get to the point that you accept those hard facts, the easier it will be. What are your tips for entrepreneurs?  If you could give advice, what would it be?  Please feel free to comment below and share your perspective.

 

Categories

More Posts:

How Entrepreneurs Can Stave Off Burnout

Have you been feeling more stressed and exhausted than normal lately? Everyone experiences burnout at some point in their career, and this is even more common with entrepreneurs due to the many responsibilities that they have. Here are a few ways to stave off burnout...

Strategies and Technology for Female Entrepreneurs

Since entrepreneurship is the foundation of any nation's economy, it is essential to economic development in developed and developing nations. In the last several decades, there has been a significant improvement in the role of women in our society. Women are now...

Role of female entrepreneurs in a changing society

Over the past few decades, there has been a significant increase in female entrepreneurship. More women are choosing to launch their businesses and participate in the world of business creation, one of the rapidly expanding facets of entrepreneurship globally. But in...

Features Every Health Insurance Plan Should Have

When creating a health insurance plan for your employees, you want to be as thoughtful as possible. Not everyone is in the same situation and they need health plans that are flexible and customizable.  There are some features you can add to your plan to make sure your...

How Entrepreneurs Can Feel More Confident in Their Appearance

When you are an entrepreneur, the way you look is a big part of your success, because people will tend to want to help your business if you make a good impression. It can be difficult to like the way you look, but when you put in the effort, you can improve your...

How to Be a Better Mentor to Your Employees

As an employer, you have a lot of responsibilities on your plate that you need to take care of. And while you can get through your work by just handling those basic responsibilities, you can make a bigger impression with your business if you focus on creating an...

Economic Factors That Are Affecting Businesses Right Now

With a worldwide pandemic and a war in Ukraine, the current state of our economy is on everyone’s mind right now. Oil and gas prices are soaring, and inflation continues to rise. Furthermore, the labor market is abnormally tight. But what do these economic factors...

Growing Industries Software Companies Should Target

When you are in the business of creating software, it always helps to find new sectors that you can branch into. Every industry relies on software to get its work done, and having newer and more effective software options makes those industries work more effectively....

What Ecommerce Entrepreneurs Need to Know About Data Privacy and Compliance

As the race to build a better customer experience intensifies, companies across the world are being forced to navigate complex regulatory landscapes. At the forefront of these regulations is data privacy – the European Union’s General Data Protection Regulation (GDPR)...

3 Communication Trends All Food Manufacturers Need to Know About

Effective communication is the basis of any successful business or industry. It allows for efficient teamwork and collaboration, helps identify and prevent problems, and leads to unique and innovative solutions. On the other hand, when it’s lacking, the final product...

All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips

Sales

Career Building

Family Businesses

Inspiration

Starting Your Own Business

Work-Life Balance

Communication

Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

Annie Anderson – Business Strategist & WordPress Creator

Annie Anderson – Business Strategist & WordPress Creator

Annie Anderson is the owner and digital creator at Midnight Rebel Digital Co. With over 25 years experience in design and development and more than 15 years experience with WordPress, Annie is a great person to have in your corner when it comes to websites, tech, and systems.

How Startups Can Ensure Health and Safety at the Workplace

How Startups Can Ensure Health and Safety at the Workplace

Everyone, including the owners, management, and staff, is responsible for ensuring workplace safety. All parties must take the proper steps so that no one is harmed while working. If you are looking for ways to keep your workplace safe, here are ten tips to help you out.

Product Mistakes You Might Be Making at Your Business

Product Mistakes You Might Be Making at Your Business

Running a business isn’t easy, and making product-related mistakes can cost your company time and money. From creating products without doing market research to holding excess inventory or failing to file patents, there are numerous pitfalls that you need to be aware...

Occupational Hazards That Come With an Office Job

Occupational Hazards That Come With an Office Job

Working in an office can be a great way to make a living, but it also comes with certain risks. Sitting at a desk for long hours and staring at screens can lead to physical ailments that not only cause discomfort but could eventually lead to more serious health...

How to Make Your Social Media Campaigns More Relevant

How to Make Your Social Media Campaigns More Relevant

Social media is a powerful tool for businesses of all sizes. It allows you to connect with customers and followers in a way that was never possible before. However, it's important to make sure your social media campaigns are relevant to your target audience. Here are...

Work Hazards Common Among Office Workers

Work Hazards Common Among Office Workers

Working in an office environment may seem like a safe job, but there are still a variety of hazards that can put employees at risk. Taking the necessary steps to prevent these risks and protect oneself from potential harm is essential for any office worker. Let's...