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Forty and Beyond

the life of a fortysomething

October 11, 2018

How To Be A Successful Start-Up Entrepreneur




Entrepreneurship is such an amazing achievement. When you're able to open up your own boutique and successfully grow the company for years, you've truly reached a goal that should be celebrated. If you're in the beginning phases of the company, you might be in a position where you're trying to figure out what to do and how to maintain the process. There are a few things you'll want to remember as you plan for future success. 

1. Prioritize. 

Understand that your to-do list as an entrepreneur will constantly grow. However, you must remain intentional about prioritizing all of your tasks. In fact, it's best to find people who can do some of the work you'd normally do so that you can focus on income-producing activities. This means that you should spend hours cleaning the boutique space. If it takes you five hours to clean the office, that's five hours you could use to produce income. Instead, hire a cleaning service bethesda to take care of it. 

2. Seek mentorship. 

If you don't have a mentor, this shouldn't stop you from doing the work. In fact, it's best to really work hard at achieving your goal and your mentor will find you, in some cases. At the same time, consider people who you look up. These people don't necessarily have to be in your field, but they should've accomplished some of the goals you're looking to achieve. Once you find mentors, be proactive about finding ways to serve them. They're already busy and have people pulling at them from all directions. Find ways to serve them first before asking for anything. 


3. Strategy is key. 


While hard work is its own reward, it's best to work smarter and not harder. If there are ways you can get your products or services in front of new people, explore them. However, see if you can strategically find opportunities that don't involve using more personal energy to make it happen. For example, if you can find someone who's a whiz with Facebook Ads and sales funnels, this will provide you with a new stream of customers that you didn't have to exert personal energy to produce. Remember that you're only one person. Your energy will run out so use it wisely and strategically.