You’ve decided to start a business and leave your day job, congrats! It’s an exciting time to step into entrepreneurship and find that freedom that’s been calling you. You’re probably excited and a little nervous at the same time, which is totally understandable. It’s a big step!
Big steps need to have a plan in place. You don’t want to act impulsively and end up making a mistake. So, I’ve put together the 5 steps you need to do before quitting your job.
1. Become Legit
Make your business legitimate by setting up an LLC, S Corp. or Corporation so that you have an official business. Always check with your accountant and lawyer for what’s best for your situation and to make sure you’re tracking and documenting the right things.
2. Do Your Research
In order to be successful, you need to do your research. Get clear on who your ideal client is and interview at least twenty of them to understand the language they use and the problems they describe so that you can develop the right message.
3. Find an expert
You’ve been working for someone else and even if you’ve been in management, it’s not the same as running your own business. You need someone on your side that is going to help you avoid the mistakes that so many new business owners make.
Find someone who has been through it before and specializes in helping startups. You have to know what to do at each phase of your business and without that expertise and someone pointing you in the right direction, you can waste a lot of time and money doing the wrong things at the wrong time.
The allure of becoming an entrepreneur and being your own boss is a big draw, but you want to do it the right way so that you can build a successful business.
Read full blog: The Escape Plan
See more related blog: http://ewomennetwork.over-blog.com/2020/07/book-sandra-9.html
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