Recently, I asked some of my business associates to give me feedback regarding a few topics that would help new business owners. The response was so overwhelming that I have a lot of great tips to share with you.
In today’s blog post, the featured tip is: For Women Starting A Business. I’m excited about sharing these tips with women who are planning on starting a business. If you are a new woman-business owner, checkout the tips below and see how they can help you manage your business. Take note that you can contact my business associates by clicking on their names below.
Image: Flickr & provided by Lumaxart
Below are some of the tips I have received from my business associates.
- Starting a new business can surely be a daunting task. There’s a lot to do and a lot to learn every step of the way.
- Nothing is ever written in stone, but that doesn’t mean you shouldn’t make a plan. Some ideas will work and some will not, but you have to be willing to take a risk and test them out.
- Make a new plan if your marketing tactic doesn’t give you the results you were looking for or make some changes to your product if you find improving it will make it more enticing to buy.
- Go into your start-up with an open mind and be willing to ask those around you for their feedback and advice. There is always a solution to every problem, but you have to be willing to take a step back when the time arises, regroup and move forward again.
- Be sure that the business you start is something you are passionate about.
- Don’t just start something because you think you’ll make a lot of money. A business takes a lot of time.
- You have to be passionate enough to stick with your business even during the bad times.
- Ask yourself important questions: What is the investment of your time required and how will this affect your family?
- Start -ups require 24/7 commitment and if you don’t have it in you and your family is not supportive, it could ruin a good thing. No start-up is worth risking your family. Talk to them before you launch your idea and be realistic with what a new endeavor entails: late nights, weekends and a trusted blackberry by your side at all times.
- Then ask yourself if you are passionate enough about your perspective business to see it through, and then some.
- Become pensive, introspective and then go for it if in your gut it feels right.
- Set your business up with a profitable structure, with the foundation and purpose of helping others in some meaningful way.
All of the tips above are really helpful to women business owners. I would love to hear how these tips have helped you. Hearing from you will be great and could also help other women business owners who are looking for a way to start their own businesses. Please feel free to leave a comment and share how you plan on implementing some of these tips.