The Alpha M. Podcast 10 Things EVERY Entrepreneur MUST KNOW!
Jun 24, 2020
Dive into crucial tips every entrepreneur should know! Discover what makes a great business idea and why building credit can boost your venture. Learn the importance of keeping your day job initially and maintaining low expenses. A solid business plan is emphasized as a must-have. Staying focused and adaptable as your business evolves is key. These insights, drawn from personal experiences, offer a roadmap for success in the entrepreneurial journey!
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Entrepreneurial Challenges
- Prepare for discomfort and hard times in entrepreneurship.
- Some people are not cut out for the burdens and responsibilities.
Honest Feedback
- Get feedback on your business idea from people other than friends and family.
- They may not be completely honest with you to avoid hurting your feelings.
Build Credit
- Build your credit early as it is crucial for borrowing money for your business.
- Lenders assess your creditworthiness based on your credit history.