By Richard James
- If you asked one hundred different entrepreneurs why they started a business, you’d probably get one hundred different answers, yet the common theme would be their passion.
- If you had all the money you needed, what would you do with your time? What do you really love, what is your passion?
- You must need a business plan to know who you are targeting what is your purpose.
- Working from a fear of failure will give you a setback mindset. Many times it can become a self-proclaimed prophecy because you’re waiting for it to happen.
- The initial startup of a company requires a lot of energy.
- Starting a business does require finances, but it also requires a will to get the ball rolling.
- Pay more attention to the money going out than you do to the money coming in. If you only see what’s coming in, you will likely spend unwisely, and it will catch up to you.
- Live from your budget, not your income.
- If you overextend yourself for too long, you will eventually burn out.
- Many people thrive at the beginning, but everyone has a breaking point.
- How do you know when to delegate? When you have so many things that take up your time that you cannot focus on your main responsibilities, you know it’s time to delegate.