If you are aspiring to be an entrepreneur you have to have to make sure you have a made up mind; that no matter what you encounter or what challenges you may face; you will do the work required to make your dream or vision real.
Having a made up mind is essential to your success.
As you may or may not know it is more than challenging to embark on the entrepreneur journey. Yes, money is required and a tremendous amount of time and energy to make your journey a successful and fulfilling one; Your commitment to stay the course is the most important key to bringing your vision to life...
I have been an entrepreneur for several years and can attest to the need to have a made up mind to succeed. When you have a made up mind to work through whatever obstacles or tests that will undoubtedly come your way. There is so much that one has to pay to in order to be recognized as a legitimate business. The product and or service is very important; but the day to day business responsibilities far outweigh any one aspect of any business. If you do not operate as a business you will ultimately be working your business as a hobby.
#1: Business Organization
The business aspect of setting up your business is vitally important. Yes deciding on the perfect name which will reflect the essence of your why and your ultimate offering to the demographics that you intend to target.
If you are committed to being a legitimate business in your city or state; a license is required with your city and your state. A federal EIN number is required which is the equivalent of the social security number. This number identifies your unique business from every other business recognized by the government. It is also required in order for one to secure a business banking account.
A business location and mailing address is also required; as well as a business phone number. These are the basics just to begin your journey with a solid legal foundation.
If you plan on applying for business credit or business funding you have to have your foundational answers to the above requirements...
#2: Business Vision and Purpose
Vision is key to bringing your offering into reality and focus. If you can't see it through the lens of your faith; then it will never happen. The vision allows for you to focus in on the details or steps necessary to make it real.
The purpose of why you desire to make this offering to the public in general and your community or demographic in particular. It is the substance of your product or service value. There is no other way to determine the monetary or esthetic value of your product or service if you don't know the value of what it will or can be to your potential customers or fans.
#3: Knowledge is Power
The first step and continuing step; at least it should be; research however tedious and challenge is a key step the one must embark on from the very beginning. If you only commit to research we there is a stumbling block then you will have many setbacks. One of the greatest sources of knowledge is Google. Never in the history of mankind has there been a even playing field in terms of equal opportunity for all to know about things that had been hidden for so many for so long. You must know the requirements and necessary for your business to become viable and scalable.
#4: A Made-up Mind is a Life Commitment
I love the entrepreneurial journey despite the many short comings and challenges that I've had to overcome and have to come to terms with.
I have learned so much about how to work through the challenges and continuously work on myself in respect to the best way or the most positive way; if at all possible; to develop and maintain a positive mindset in addressing the never-ending challenges that can arise on this entrepreneurial journey.
Learn more about my journey and opportunity to prepare for entrepreneurship viewmyresume.org.
Please share your thoughts and/or something about your entrepreneurial journey.
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