How to Start a Business | The Better Than Rich Show Ep. 31

Thinking about starting a business? In this episode, Andrew and Mike break down some of the critical first steps to starting a business. They cover some pitfalls many entrepreneurs overlook as well as some important mindsets needed to have long-term success. Listen in and let us know which tip is most relevant to you! Topics Covered: 02:38 - Why having a purpose or “Why” is so important for a new business 07:30 - The importance of finding your niche 11:04 - Getting your first customers 17:35 - Why you don’t have to spend a lot of money to start 23:33 - Getting to your break even point Resources Mentioned Upcoming Masterclass -  How to free up to 15 or more hours from your work week while also increasing the efficiency of your business. The Power of Purpose | The Better Than Rich Show Ep. 17 How to Use a Virtual Assistant | The Better Than Rich Show Ep. 24  Changing Someone's Life | The Better Than Rich Show Ep. 11 How to Become a Better Negotiator | The Better Than Rich Show Ep. 25  Customer Experience Design Principles | The Better Than Rich Show Ep. 10 $100M Offers: How To Make Offers So Good People Feel Stupid Saying No —————————————————————————— Are you ready to create the life of your dreams where you don’t just experience financial success but true fulfillment instead? Well the truth is, who you spend time with is who you’ll become. Now is the time to join over 300 ambitious entrepreneurs from all throughout the world in our exclusive mastermind program and community. Learn more about this elite group of entrepreneurs and apply to join the movement at The Better Than Rich Show | Facebook 🎯🎯🎯 —————————————————————————— Join us for our upcoming events where the entire crew comes together for a life changing, mind-blowing experience. Discover Your Purpose - July 2022 July Event — Better Than Rich Business Leadership Mastery - September 2022 September Event — Better Than Rich Forest Through the Trees - November 2022 COMING SOON!!!!