Throughout the majority of my life, I’ve lived with an extreme level of social anxiety – like projectile-vomit-all-over-Brooks-Brother’s-suits-at-an-industry-networking-event level of anxiety.
I love meeting new people in small settings and learning about other’s life stories, but a tech conference filled with abrupt, in-yo-face “Let’s connect!”, “What’s your valuation?”, “Who’s on your client list?” makes me want to ditch the whole event agenda, hole up in my hotel room, and Wikipedia local historical sites.
It’s that bad.
I began my entrepreneurial journey in the era of boom or bust tech-based startups. The markets had crashed, national employment was in the crapper, and this thing called the internet was exploding almost overnight.
The popular business gurus hailed as the poster boys of success were the extremely extroverted, snake oil salesmen peddling “success” to all of us nearly-bankrupt professionals like a crack dealer cruising Beale Street.
It’s here –the day you take the leap into the wild and wooly world of entrepreneurship, leaving behind the security and stability of a “normal” job.
The leap is thrilling.
It’s also completely terrifying.
For myself, there were many nights during Year 1, Year 2, and a few in Year 3, where I laid awake wondering, “What in the @*&% did I just do?”
Looking back, there were several key actions I should have taken before quitting my job to go full-time in my business. They say hindsight is 20/20 – well, maybe a few aspiring entrepreneurs can glean some wisdom from the things I wish I’d known.
Here’s the scoop on 5 things you should do BEFORE you quit your day job and dive headfirst into the world of entrepreneurship:
Guest Post: Elena Tahora
Startup companies do not run on just ideas.
There is equipment involved, a place to operate and of course, people to hire. This is where ‘seed funding’ comes into play.
The seed funding is initial capital a company raised to fund the startup. The seed funding can come from the owner’s own pocket but most of the time it comes from outside. In order to raise the money you need, you have to negotiate well with investors.
Raising seed funding can be quite hard so we have gathered a few tips that may help you along the way!
When I started my business, I knew I was gonna make millions.
Yeah, it didn’t quite work out that way…
Chances are, when you started your company, you were planning on cashing in as well.
But what happens when hitting the motherlode Month 2 doesn’t?
What can you do when your business isn’t making money?
Does a zero profit margin mean you have to say “goodbye” and “no more” to your business brain child, or is there a few Hail Mary’s you can claim to give your entity a fighting chance?
Guest Post by Salma El-Shurafa
Entrepreneurship is about untying knots and finding solutions.
Setbacks are an inevitable occurrence. The journey as an entrepreneur has twists, turns, bumps, bruises, and even roadblocks. These events are designed to restructure one’s purpose and passion for making an even greater breakthrough than before.
Ups and downs are what great business is all about. These fluctuations are comprised of the elements of life.
Admittedly, motivation is difficult to summon when we are faced with defining times. I will teach you how to stimulate and drive your performance after experiencing serious setbacks.
Bobby Chase is the CEO of Next Evolution Media Production, a full service production company specializing in Commercial and Corporate video production in Upstate New York. He is also the Co-creator and Showrunner of the comedy television series, Welcome Home.
Before venturing off on his own, Bobby worked in the advertising industry as a Producer/Director for CBS6 and The CW15. His work has appeared on major networks such as CBS, NBC, FOX, ABC, and The CW Network.
At over 80 million strong, the millennial generation is changing the way just about everything works – including work.
Trailblazing Millennials are forgoing traditional work opportunities in favor of something that provides a lot more freedom –entrepreneurship.
As millions of millennials start their own businesses and say “yes” to hiring themselves, the way we work is forced to quickly evolve. Full-time employees are being replaced by independent contractors, and old school 9-to-5’s are being converted to virtual positions (margarita by the beach, anyone?).
As our culture becomes increasingly entrepreneurial (thank-you, millennials), here are 15 facts everyone needs to know about millennial entrepreneurs:
You don’t have to be in business long to understand this truism:
Clients and/or customers are really, really important to the future of your company.
Without satisfied clients, your business has little hope.
Entrepreneurs must implement ways to connect with their client base and turn one sale into many sales.
Here are three ways to make your clients fall in love with you (and your business):
Christina Nicholson is a former TV reporter and anchor. She has appeared on-air across the country, from New York City to Miami and even on CNN. Instead of telling stories on TV, now it’s her job to get you to tell your story to the media through media relations, video production, writing, and blogging. If you are a small business owner and you want to promote yourself as an expert in your industry or grow your brand awareness, Christina can make it happen with her company, Media Maven. She’s earned clients coverage on the Today Show, Rachael Ray Show, Washington Post, Men’s Fitness, and many others.
She even helps people who don’t have a budget to hire someone for public relations. She does it through an online course called Master your PR. In it, she teaches everything she does for clients, step-by-step, so you can earn publicity on your own. Originally from Ohio, Christina lives in South Florida with her husband and two young children. She also has a local, family blog, Mascara Maven, which features what’s happening around South Florida, recipes, and advice for young entrepreneurs like her.