“10 Tips for the First-Time Business Owner” entrepreneur.com
Posted by yopi on September 23, 2009
“… 10 pieces of advice that I wish someone had given to me before I launched my first venture.
- Focus. Focus. Focus.
Many first-time entrepreneurs feel the need to jump at every “opportunity” they come across. Opportunities are often wolves in sheep’s clothing. Avoid getting side-tracked. Juggling multiple ventures will spread you thin and limit both your effectiveness and productivity. Do one thing perfectly, not 10 things poorly. If you feel the need to jump onto another project, that might mean something about your original concept. - Know what you do. Do what you know.
Don’t start a business simply because it seems sexy or boasts large hypothetical profit margins and returns. Do….”
Click Here for the article.
Evie said
that was a good post – very helpful tips – what are you thoughts?
yopi said
straight to the point (important points)!! good ones!!