Not everyone has what it takes to become an entrepreneur. Common traits go beyond being the smartest, most talented, or access to resources that give them the proverbial “leg up.” Success comes from what seems to be minor disciplines that eventually will help them stand out among their peers.
Military service equips you with skills and experiences you won't find anywhere else. After the rigors of active duty, you'll likely emerge with far greater strengths than you realized.
As every small business owner knows, it can be tough to let go. You've built your business from the ground up. You put in the sweat equity to make it successful. Your level of personal investment is unmatched by employees or contractors who come and go.
A successful business starts with a vision, but it doesn't end there. Turning that vision into a reality requires more than just hard work and dedication. It also involves countless practical and legal considerations.
Starting your own business takes a certain mindset. You have to be courageous and confident, as well as prepared and flexible. The entrepreneurial spirit is a glorious one, but when you go down the entrepreneurial path, it is important to realize that you will run into problems and roadblocks. When these things pop up, you will need to ask questions and get answers. Needing help isn't a weakness -- it is an inherent part to starting a business.
An upbeat and cheerful person can increase one's optimism by 11 percent. However, a negative person doubles the likelihood that others will become unhappy, according to one study. The same may be said for one's business. While every job may require working with a variety of personalities, entrepreneurs in Georgia may need to be especially careful about the people who are invited into their businesses.
Business owners in Georgia like you will likely have to deal with leasing public space in order to get your venture rolling. Naturally you’ll be facing the price of the lease itself, but what other expenses are in store?
Entrepreneurs in Georgia spend lots of time scoping out potential locations to start their business at. The location is one of the most important aspects of starting up, as it can make or break the success of a fledgling company. So what should an aspiring business owner consider when scouting for the best spot in town?
Entrepreneurs in Georgia must learn how to work with investors. To prevent mistakes that discourage potential funders, it is a good idea to start with tactics to avoid. This knowledge can strengthen a pitch and help secure the investment. Entrepreneur reported on the different things a person might fail to do that could turn away an investor. These things include attempting to start without a solid team, a business plan, or proof that the company can turn a profit. In addition, being unable to produce a unique angle, a solid marketing plan and an understanding of the industry makes a company look weak to lenders.
Business owners in Georgia like you have the option of looking into the 7(a) loan program if you need a little financial boost for your business. However, certain types of businesses are ineligible for this program. Before requesting aid, be sure that your business does not fall within these parameters.