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4 TIPS FOR ENTREPRENEURS: GUIDANCE FOR FIRST TIME CEO’S

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So you’ve got a great idea and you’re ready to start making your dream of being your own boss a reality. There’s just one thing; Where do you begin? It seems like a daunting task to craft a fully functional company that doesn’t implode in the first 6 months, doesn’t it? That’s because it is. Anyone who tries to tell you how quick and easy it’s going to be is clearly misguiding you. There is no shortcut. There is no “Secret to success”. The secret is a combination of determination, research, strategy, luck, and tireless effort. Great tip, but you still don’t know where to start, right? Here’s 4 Tips for Entrepreneurs and first-time CEO’s:

So you’ve got a great idea and you’re ready to start making your dream of being your own boss a reality. There’s just one thing; Where do you begin?

1. Talk to everyone!

Talk to everyone who will give you their time. Ask questions, get suggestions, write them down. That’s all FREE market research! Discuss it and discuss it often. Write down suggestions, ideas, and any pieces of information you can gather from those you talk to. You’ll be VERY thankful you did this later.

2. Find a mentor and learn!

This can be more difficult than it seems. However, the internet is making it easier for successful entrepreneurs to connect with beginners to help them and give them guidance. Find someone you respect and who’s accomplishments far exceed your own. Ask questions, help, listen, and absorb as much information as you can.

3. Define clear goals.

So you’ve decided to get started, and you’re working on a plan. Clear goals are vital to initial success. You must define what success means to you, how it will be accomplished, and most importantly, how it will be maintained. Quality is king, so be sure to focus on high levels of customer service and a high quality product or service. Continue to research until you’re able to clearly define initial goals and create a strategy to accomplish them.

4. Get started and adjust.

So many people have great ideas and they sit on them forever, always wondering what could have been. Don’t be that person. Make an effort. Believe in yourself and make your concept a reality. This doesn’t mean rush in blind and try to make things work. It won’t work that way. Don’t do it! Plan, research, create a strategy, but then, trust yourself and get started. The hardest part is getting the ball rolling, and it shouldn’t be. Take the leap and make a calculated move to accomplish your goals! Then, continue to adjust your strategy based on customer response and market conditions. Get started and never quit!

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