Yolofsky Law - April 2020

Insider MARCH 2020 THE HERO www. yol of sky l aw. com (305) 702-8250

Making You A Hero To Your Family And Business

From the Yolofsky Office

Spring is almost here! The seasons do change,

even in South Florida. Our snowbirds are headed north and hopefully no hurricanes will be headed west. The systemic impact of the Coronavirus outbreak is still being felt. Our connected world is only as strong as the weakest link. For weeks, we watched as one community after another was affected physically, financially, or both. Situations like this may occur again in the future. This situation should remind us about our preparedness plans for ourselves and our business.

ARE YOU READY TO TAKE A RISK? Navigating the Road to Entrepreneurial Success

Are any of us ready for the possibility of having to stay at home for 14 days?

Generally, we aren’t as prepared as we should be. It’s easy to forget about having a proper plan in place when you aren’t facing any pressure or potential hardships. Now is a good time to adjust your plan and prepare for what might come next.

of your effort into your dream. When you’re starting a brand-new business, you need to be plugged in every single day and every waking hour. If you’re not ready to devote all your time, then you’re not ready to start a business. Building something that’s going to be around for many years to come means committing all your time from the beginning. That’s the only way your venture will grow and survive.

Many aspiring entrepreneurs say they can’t wait to go into business for themselves because of the freedom they’ll have. They dream about starting their own business, but they dream even bigger about the two-week vacations they’ll take. The hard truth is that those rewards come at the very end — not the beginning. If you want to start a business and build it up so you do have that freedom, then you need to be realistic about the sacrifices you’re going to have to make.

We’ll see you next month!

REWARDS

FREE TIME

If being an entrepreneur guaranteed a life of luxury, then everyone would be one. But taking the risk of starting your own business doesn’t always mean you’ll become wealthy. That’s why it’s a risk. Plenty of other jobs can

When you’re an entrepreneur, there’s no such thing as free time. If you have time to run off and do things that have nothing to do with your business, then you’re not putting 100%

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