Being an entrepreneur is not easy. In fact, it may well be the hardest work you will ever do. Yet, the rewards often outstrip the downside for those committed to their dream.
So the challenge is how to start that small business without re-inventing the wheel. Avoiding missteps along the way – especially the big ones – is paramount.
Fortunately, there are many tools and articles replete with advice that can help. That advice can include insightful information upon which to base your decision about whether to choose the path of entrepreneurship, as well as how to pull it off successfully.
Here are my top-three picks for today:
Written by Steve Mariotti, this newly revised must-have guide to entrepreneurship includes sections with advice on how to:
1) create your business,
2) connect with customers,
3) manage your money,
4) protect your business,
5) grow your business,
6) harvest your business (exit strategies), and
7) write a winning business plan.
The author uses example stories of young entrepreneurs who started thriving businesses to underscore the step-by-step chapters within each section. Even for experienced small business owners, this book contains super-useful knowledge and strategies to be even more wildly successful!
This April 2014 article from Inc.com magazine poses 100 questions designed to trigger deep reflection on your reasons for considering being an entrepreneur, as well as best-practice approaches to running a business.
The innovative thinkers behind the questions include well-known entrepreneurs, speakers, authors and thought leaders in diverse industries, including Marshall Goldsmith, Tony Hsieh, Tom Peters, Jim Collins, Peter Drucker, Guy Kawasaki, Chip Conley and many more.
Myers-Briggs® Career Report
The Myers-Briggs Type Indicator®, a highly reliable and validated personality type assessment, yields many different reports. The Career Report reveals preferred work tasks and work environment and best-match job families and occupations for each individual’s personality type.
The sample MBTI Career Report indicates the 24 most popular occupations for an ENFP individual. Many of the occupations on this list, including craft artist, photographer, fitness trainer, landscape architect, adult education teacher, and even career counselor, can fit within the realm of entrepreneurship.
My recommendation: always partner with a well-qualified career counselor or career coach who can not only purchase and administer the MBTI Career Report, but who can also administer other career assessments and coach you to achieve your dreams. Delving into your values, motivated skills and strengths, interests and passions, personality type, and personal brand are the hallmarks of my LEAP Career Focus Program.