If the dream of being your own boss is one that you have had for a while. What’s stopping you? Is it the staggering amount of information that’s out there? Is it because you don’t know exactly what you want to do?
In my coaching practice I work with both long-time and first-time entrepreneurs and here are some factors I’ve found to be true in many cases:
- Don’t get sidetracked. It’s easy to do if you don’t have a clear focus and a business plan to keep you on track and focused. Don’t say “yes” to opportunities that simply don’t suit your overall business model.
- If you don’t focus on your area of expertise you likely won’t succeed. Spend your time and energy on your area of expertise and outsource those items that you simply aren’t great at or that will cost you more money to complete than if you hired someone.
- You’ve probably heard the phrase “fake it until you make it” and that means you can “fake” a large office and “fake” that you’re working with a team. Work on a shoestring and spend only what you need to while you’re in start up mode.
What is your best business advice tip?