Member Login

Guidance For The New Entrepreneur

Building Your First Business? Use This Resource

When you become a business owner for the first time, you feel a lot of things. Accomplishment. Excitement. Fear. Anticipation. These are all normal sentiments, but harnessing the positive and ditching the negative will be a key to helping you be the best leader you can be for your new venture. To help you and your business grow, we would like to offer these suggestions for the first-time business owner.

  • Stay The Course: People love entrepreneurs. When your friends, family, and acquaintances hear you are starting a business, you will likely find you get pitched a lot of new business ideas. Some of them will likely seem enticing, but in order to help your main business flourish you need to focus on it. Allow yourself the freedom to say no so you can keep your attention on doing one thing well, rather than a dozen things poorly.
  • Get A Speech: While everyone likes an entrepreneur, nobody loves a rambler. Learn how to explain your business well in 30 seconds or less, and you will find you are more effective with potential investors and partners.
  • Stay Streamlined: As the money starts to come in, it can be tempting to live the high life. Instead, keep your expenses as minimal as possible and bolster your company’s savings to allow for future growth, not fleeting gratification today.

Do not worry that you need to figure out success all on your own. For expert guidance on the right path, contact Mike Stromsoe’s Unstoppable Profit Producer Program. This is a premier wealth creation program that will help you work less, earn more, and enjoy life! To take your training to the next level, sign up for our “Leave No Regrets” Boot Camp. This November event will be held in San Diego and is geared towards helping business owners realize the most success in every area of their lives.