The New Year is reaching out for new entrepreneurs; are you in?
Just scroll down and learn some tips to help you.
In days past, elders would tell us to go to college, get a good job and save money. While they meant well, they had no foresight that inflation would go to unreachable extremes, both husband and wife would have to hold a job and that saving money would be next to impossible.
There had to be a better way, but what?
This is when network marketing began to take hold. People discovered they could still work their 9 to 5 jobs, but they could also make an extra income to help offset the rising costs of raising a family.
But truth be told, many of these people were not willing to put in the extra work required to succeed in network marketing, or they did not have the proper training.
2010 and forward
As people found their debts rising, many businesses also began to struggle. After all, it was a full circle:
- People made the same money but prices of goods were higher
- Those same people began to cut spending
- Businesses had less revenue and manufacturers were charging more
- Businesses had to cut spending by cutting labor and hours
It was becoming an epidemic, but wise minds stepped in.
Work from home
Or, they could contract the tasks out to independent workers.
This became a win-win situation for both the employer and employee. Employees could save on childcare, gasoline and more. Employers were able to delete many benefits such as health insurance, plus they saved on costs of space, tools and utilities.
Slowly, the turn into contract labor came with these no longer being employees, but were independent workers.
Many employees became business owners without realizing they were
They were new entrepreneurs!
The realization came that they did not have to be “tied” to any one company, and they could offer their services to multiple companies willing to pay their bid.
The knowledge that owning your own business, of being an entrepreneur was more lucrative than having a 9 to 5 job.
Now it is 2017
Like anything in life, there are those who jump aboard immediately and others who were cautious and watched or procrastinated.
These are the people who are now saying that they wish they would have “jumped” on the entrepreneurship train earlier.
But guess what?
The entrepreneur train still has plenty of room on board.
You can start your own business with very little financial investment now. Whether you are:
- Network marketing
- Mowing lawns
- Knitting baby mittens
- or any number of other creative ideas,
there are some simple tips to help you become a successful new entrepreneur.
1: Do what you know – We all have talents. Build a business based on your talents. DO NOT build your talents based on a business. If you have a knack with electronics, starting a business selling baked cookies may not be your best move.
2: Find support – Having people you can talk to and get ideas from is important. Round up a mentor who is familiar the area you are about to enter. Also, get 1 or 2 positive people you can “bounce” ideas off.
3: Move slow and steady – I believe Dr. Norman Vincent Peale once said, “You have to row slow to go fast.” Just remember, one step at a time.
4: Brand yourself and your business – It is important that as a new entrepreneur, you need to create a brand image. Make sure all your social media puts you in a “good light,” and you should consider investing in a website/blog. By doing so, you will attain expert status in your particular niche.
5: Stay focused – Here is an area new entrepreneurs often slip up with. If you have a business marketing health-care products, starting to also market travel items will just take you out of focus. We see this in network marketing often when a person thinks they can run 2 MLM businesses at the same time…Trust me, it seldom works.
6: Set realistic goals and make a daily plan of action – It has been said by many, failing to plan is planning to fail. Set daily, weekly and monthly goals that are reachable, and then make a plan to reach those goals.
7: Build a list – No matter what type of business you are starting, you need a list of prospects. Start building a list so you can send them offers and educate them about your certain area of expertise. Successful old and new entrepreneurs will tell you that the money is in their list.
8: Seek help – There are always going to be certain things you don’t know. Do not try to do it all alone. Be willing to hire an accountant, someone to handle social media, etc… You must realize that you cannot do it all.
9: Network – Network with other entrepreneurs as you can help each other. It could be from simple ideas to referrals, but networking does have its benefits.
10: Work with what you have – Many new entrepreneurs have the idea they need every single gadget made. I suggest starting with your basics and as you make profits, you can invest in helpful gadgets.
As a new entrepreneur, I know these tips will help you.
And keep abreast of other posts that will be coming to help you no matter the creative new entrepreneur idea you have.
Will you do me a favor? If you enjoyed this post, please share it. After all helping entrepreneurs is the goal.
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