Entrepreneurship will certainly strengthen your personal life and the overall economy. Just look at what Steve Jobs was able to execute with Apple and how his company strengthened the country’s economy. Your vision can do the same. It can only happen if you are doing things right. I am a strong advocate for the entrepreneur that’s hustling to bring their dreams and vision to fruition…… because if you win, we all win. BUT it’s crucial that we grasp and understand that a business can only be effective by doing things the right way and not being sloppy, inadequate, incompetent and unprofessional. It is mandatory that you possess standards, practices and are adhering to protocols that will be conducive to the goal of being effective. There are many ways to achieve those accomplishments if you are willing to invest the time and energy. However, most of us don’t take the time to educate ourselves so that we can be effective and successful in our endeavors……….which is why, Business doesn’t always mean Business.
If there are improper business approaches and practices, it will only lead to unfavorable results. The cause will stem from the neglect to empower yourself through information, guidance and being a sponge of your experiences. Widely, an excessive amount of entrepreneurs fail due to the lack of being proactive in gaining a general understanding of business. Again, it’s a must that you invest the time to gain as much information as you can and also learn from the mistakes of others. I have always stood firm in my belief that there are two people in business; one that’s actually doing business and the other that’s pretending to do business. You are doing "real" business when you have done what is required to construct a sound outline and understanding that’s being executed. If you are “really” about your business……..you will do the things that will make your business effective. I’m going to give you a few pointers that will give you a foundation;
· Incorporating your Company.
· Business Plan and Goals.
· Structure and Infrastructure of your business.
· Trademarks, Patents, Copyrights, Business Licenses.
The above pointers are some key things on the surface that you should take into consideration if you have plans on starting a business. If you haven’t taken these steps and consider yourself doing business, you’re headed in the wrong direction. Get your business foundation together so that you don’t look incompetent to those that may have any interest in doing business with you. In doing business effectively, I implore that you work hard to attain an understanding of what it entails so that your business can make sense and be respected!