Birthing the Business: Entrepreneurship

by Tiffany Wright

Many of those who are starting businesses and those of us who own businesses sometimes get stuck in the "what to do next". Birthing a business or growing a business can be difficult. We head into it with passion but sometimes that passion wans. Below I offer some tips to keep the ebbing to a minimum, constantly rejuvenate, and maintain the focus and passion needed to recruit employees, negotiate with bankers, or simply to experience joy when awaking each day:

1) In order to create anything, you must first envision it in your mind. If you focus on your vision and take action every day towards that vision, you will eventually achieve it. However, mistakes are inevitable - sometimes devastating mistakes - but it's the tenacity and the continual learning and modifying the roadmap that gets you to your goal.

 

2) If you are having difficulty weathering the ups and down, I highly recommend you join a Chamber of Commerce, Rotary Club, or other club with a high number of entrepreneurs among the membership. You can find someone to discuss your issues with or hear the problems others have, both of which allow you to put your problems in perspective.

 

3) Read books and listen to tapes about entrepreneurship and entrepreneurs. You will find that many highly successful business owners have been through bankruptcy or other financial distress, have nearly called it quits, have "failed" miserably at one business only to start or buy another and do amazingly well. Do not operate in a vacuum or listen to all your job-holding friends and family who tell you to give up. Believe in yourself and strengthen your resolve by tapping into the resolve of others.