BUS INESS
Start Up your
Dream By Jacqui Chaisson
ven the most successful entrepreneur started somewhere; Steve Jobs began Apple in a garage, Oprah was told she would never be a success - Canada's own Dragon, Arlene Dickinson was once a struggling single mother launching her business. E
Be ready to work
Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire. The people who create these businesses are called 'entrepreneurs'. Anyone can become an entrepreneur - but not everyone will be successful, it takes hard work and a lot of determination. So, how do you take your idea and turn it into a business? The following is a list of guidelines and advice that should make the road to success a little less bumpy.
Running your own business isn't nearly as glamorous as you think. For the first few years (maybe longer) you will be working relentlessly for the most ungrateful boss you've ever had - You. There will only be a paycheque if you've earned it and having time off is probably going to be a thing of the past. Forget about holidays and nights off, I once heard a business owner describe it as 'the business runs you instead of you running the business.'
bookkeeping, so hire an expert to take care of the things you can't succeed at. If you have an incredible service or product but couldn't sell water in the desert - hire a salesperson.
Fail to plan - Plan to fail
Have a business plan and actually use it. A business plan will be your guide for at least the first year but a five-year business plan is best. It will analyze all aspects of the business and allow you to understand what you need to do to be successful.
Listen - you're not that smart!
Take advice and follow through. No one knows everything, so surround yourself with experts and take their advice. If you excel in sales then you probably lack the skills needed for
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pei-living.ca Summer 2017
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