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What No One Tells You About Starting Your Own Small Business

What No One Tells You About Starting Your Own Small Business

You’ve quit the full-time job and are gearing up to open your very own small business. Think you’re all ready for the launch day? It might be worth stepping back and thinking through everything again. You need things to be completely perfect from day one.

Here are some things that no one ever mentions about starting your own small business. Remember these points and your opening should go as smoothly as possible.

The Number One Most Important Thing Is Finance

There is no escaping this point. Your finances are critical as to whether or not your will succeed. Make sure you have plenty of backup capital in the bank before you open your new business. You could need this if things get off to a rocky start. There are plenty of places you can turn for some initial financing and loans. Banks generally do not look favorably on new companies, so you might have to turn elsewhere, like Interface Financial Group.

You Also Need To Be A Priority

Take care of yourself. Otherwise, how else are you going to be able to take care of everything else? If you aren’t in great shape, neither will your business. This could also have a negative impact on your staff. But this doesn’t just mean taking care of your health and fitness. You need to focus on your goals. Place these before your business goals. If you are succeeding in your personal life, your business’s success will follow.

What No One Tells You About Starting Your Own Small BusinessPicture Credit

Staff Camaraderie Is Important

If your staff isn’t motivated, there will be a low morale throughout your office. And this is going to make it increasingly difficult for your staff to relax and be happy at work. Your staff is important as they can inspire you and also provide you with valuable support. So it’s important to ensure they are happy in their roles. Camaraderie is important; you’ll all be able to help one another in the workplace in order to achieve more.

You Will Need To Be Your Biggest Fan

When you are your own boss, there is no one else to sing your praises for you. You need to blow your own trumpet from time to time. Even if you are the only one in the team who thinks something is a good idea, sometimes it’s just good to go ahead with it. After all, big ideas and achievements begin with just a single seed! So never doubt yourself. You’ll be amazed at how far being your own fan will take your business!

You Can’t Please Everyone

Main Image: Photo Credit 

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Kunbi Tinuoye
Kunbi Tinuoye
Kunbi Tinuoye is the founder and CEO of UrbanGeekz. Previously, she worked as a News Correspondent for NBC’s theGrio. Prior, she was a senior broadcast journalist for the BBC in London. Tinuoye currently sits on the SXSW Pitch Advisory Board and CES Conference Advisory Board. She is a key player in the Atlanta tech startup ecosystem and serves as a mentor for Comcast NBCUniversal’s The Farm Accelerator. Tinuoye has received several awards and accolades, including being honored with a Resolution from the Georgia Legislative.
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