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We are a nation of entrepreneurs. There are more than 31 million business owners in the United States, and there is room for even more. That means you. Owning your own business has great benefits; you can be the boss, make your own decisions, and impact people’s lives through employment or a service you provide. That being said, entrepreneurship also takes a lot of hard work and dedication and there are key things entrepreneurs should understand.
As the owner and CEO of multiple businesses, I speak from experience. After a successful career as a corporate executive, I decided to stop working for someone else and pursue my dream of owning a business. One business turned into two, two turned into three. Now I run a multi-brand, multi-million-dollar enterprise that includes British Swim School, Mathnasium, Pool Scouts, Grand Illuminations, Code Learning, and Real Property Management. I understand the challenges of starting a business and I am passionate about helping aspiring entrepreneurs achieve their goals.
These are four things I wish someone had told me when I first started out.
#1 – Overnight Success Doesn’t Exist
Success in business takes time — it doesn’t happen overnight. I’m sure you’ve heard the phrase, “slow and steady wins the race.” Persistence and consistent progress will produce better results than rushing into something and this can directly be applied to starting your own business.
History is filled with people who patiently and persistently worked toward success. Colonel Sanders was 56 when he founded Kentucky Fried Chicken. His fried chicken recipe was rejected more than 1,000 times before selling.
James Dyson, the man behind the highly popular Dyson vacuum cleaners and hand dryers, spent 15 years going through thousands of prototypes before creating his first successful vacuum cleaner.
Bill Gates’ first company, Traf-O-Data, was a flop, but it did provide a learning experience that t… Read More
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