The traditional way of looking at a career has often been that once you graduate from college, you get a job, climb the ladder, achieve promotions and maybe buy a fancy car when you retire. But, as younger generations enter the workforce, this has begun to change, and the entrepreneurial bug has begun to spread.
If you find yourself wondering if you could launch your own business with an idea that inspires you, you’re not alone! The age of the internet has created this same dream in other people all around the world. All it takes to get going is a little bit of research.
Here are four tips for how you can break into the world of entrepreneurism and become a fantastic #LadyBoss.
1. Make Some Goals
You probably have an idea of what you want your business to look like. You might want to bake for a living or teach others valuable skills. It’s crucial to know where you want to direct your passion, but you also must have smaller goals to get there.
Check out some goals every new entrepreneur should set to get their business going. Your goal list will help you know if you’re on the right track as you get everything started.
2. Find Your Mentors
There’s a saying that getting a job is all about who you know, and the same can go for starting a business. Sooner or later, you’re going to have to go to someone for advice. That’s where mentors come in. These people can be friends you meet who have their own businesses in a similar industry or even someone who doesn’t run their own place but knows the ins and outs of the business world. They’ll help you jump hurdles and navigate problems you didn’t even know would happen.
They’ll also be able to explain things to you better than any internet search. You know them personally, so they’ll have a good sense of what’s best to advise you to do. They’ve also been down your same road, so they will want to explain things like business contracts and the importance of understanding the legalities of business ownership. Their knowledge could be what makes or breaks your experience, so find your mentors and make sure those relationships thrive.
3. Don’t Be Afraid of Change
Once you get your business going, things might seem like they’re great. You’re attracting customers and making everything run smoothly — your dreams are finally happening! Then things might start to slow down. Maybe you get less customer feedback or sales start to fall.
That might be when it’s time to change direction. Once you know when to change your business direction, you’ll be ready to take on any challenges you might face once you get started. Embrace change, don’t be afraid of it!
4. Keep an Eye on Trends
Keeping up with what your customers want is essential to having a thriving business. They might love what you first present to them, but eventually, they’ll want something new. Trends will go in and out, and they’ll want their favorite businesses and products to follow suit. Keep an eye on trends through social media to see what people are into now and what they might want next. Match your output to their interests to stay relevant without ever relying on only one trend to carry you.
Becoming an entrepreneur isn’t impossible. It may feel that way sometimes, especially when you hit walls. But if you keep setting goals, you’ll slowly start to see a path forward. Always keep up with your mentors and watch trends. You’ll quickly see your business blooming so you can leave your old career path in the dust.
W | By Kate Harverston