One of the franchises we represent sent me an email with the following advice for me to pass along to my clients.
PREPARATION IS KEY
Startup advice for new entrepreneurs and young hopefuls to consider
FOR ASPIRING entre-preneurs, especially new college grads opting to be their own boss rather than report to one, the task of getting ready to launch a business can be overwhelming. Consider these tips from entrepreneurs who learned how to position a new business, or franchise, for success from the start.
1. Get Educated. Prepare to take the entrepreneurial leap by learning about your future business.
2. Get “intrapreneurial.” Thinking and acting like an entrepreneur while working for someone else, also known as intrapreneurship, can be another stepping stone to business ownership.
3. Get comfortable with failure. While you might not want to go out and get fired from your day job to light your entrepreneurial fire, the ability to seek patterns of failure can lead much more quickly to the path of success.
4. Get out there. “You can’t run a business sitting behind your desk. Get out into the world and start meeting people.”
5. Get fully committed. Fear of starting a business can be your worst enemy, but don’t succumb to it. The fear never totally goes away and you’ll have to get used to it.
There’s never going to be the perfect moment to start a business. But there are moments you know you are fully committed.