business

Steps to take when starting a successful business

Whether you want to create the next big company that looks like that in your area, start a marketing agency or become an Instagram influencer, it’s time to stop stalking others lives on social media and get to work on your own business.
Below are steps you can take to start a successful business.

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1. Start a side hustle..
Most people underestimate how much time there is outside of work if are working at a job you dislike and want to be your own boss, stop complaining about your current terrible job and take action. Grab a cup of coffee after work and start hustling from 6 p.m to 2 a.m on your new business venture.
If you are an artist, start posting YouTube videos about the details behind your painting process. Open up an ecommerce store . promote your products on Instagram. All of this can be done as a side hustle while you grow your business. Best of all, you still collecting a paycheck from someone else.

2. Stop boozing…
If you are truly passionate about entrepreneurship, you will quickly understand that the weekends are the most productive time to get work done. You literally can put in 20 hours of work on the weekend to grow your brand.
This isn’t going to happen if you are going to the bars on Saturdays or Sundays night. First off, you are going to drain your bank account from buying shots for all of your buddies. secondly, you are not going to be productive when you are hung over….

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3. Wake up early…
Thomas Jefferson once said “The sun has not fought me in bed in 50 years.” Apple CEO Tim Cook is known for getting up early and sending out emails at 4:30 am. The youngest CEO in the NBA, Brett To mark , gets up at 3:30 am in order to get to the office by 4:30 am.

When it comes to business, the early bird catches the worm. You can actually be playing offense rather than defense, which will allow you to work on growing your business.

4. Build your personal brand…
It blows my mind how much time people spend on social media promoting themselves yet they don’t have a website that gives people more information or a place where people can get in contact with them.
Everyone should see if their first and last name is available for purchase on Riseshost . If you have a common name, insert your middle name and your craft as part of the URL (example: mpataashirafugaland.com). The next time you go into a business meeting, you’ll be amazes how much more impressed people will be by your professional website.

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5. Talk it out…
When you are an entrepreneur, you live on a lonely island. Nobody will ever realize just how much hustle you put in on a daily basis. Your friends who work a 9-5 job won’t understand how your business means the world to you.
Since entrepreneurship can be lonely, make sure you have someone you can air it out with. Whether it is your girlfriend/boyfriend, mom/dad, or just a mentor you can trust, in order to grow, you need to be able to have a sounding board along the journey.

6. Have patience…
The issue with the digital age that we live in is that people are important. They expect results yesterday.
Bill Gates was famously quoted saying, “Most people overestimate what they can do in one year and underestimate what they can do in ten years.
In order to build a business, you need to be patient for the long run. Don’t think about where you want your business to be in a year; think about your goals for ten years down the road and how you are going to exclecute to make all of your ambitions come to fruition. If you are in 20s, what will differentiate you as an entrepreneur is patience. Make sure to move fast on getting staff done but be patient for the long-term gains.

7. Make money…
I can’t stand all of the people who claim they are entrepreneurs. One simple question separates the contenders from the pretenders: ” Are you generating revenue? ” There are so many people out there who claim to be crushing it with their “entrepreneurial journey” but when you dig into it, they aren’t generating a profit, which is what every business must do to survive.
If you aren’t making money with your business, you need to start and you need to start soon. Just like a hockey team needs to score goals in order to win the game, your business needs to make Monet to actually be considered as a business.

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