Starting a business is challenging and there are many reasons why individuals hesitate to do so but if you have the focus, passion and belief then there is no reason why you will not succeed.
Warren Munson Dorset based entrepreneur says: “However my own personal experiences starting up Inspire and Evolve as well as being an investor in other start-ups is that you need to be ready for a hell of a ride!”
Business owners need to start their business with a real sense of meaning and purpose. You will know what you want your business to be about and you will be focused and believe in what you are doing. You really need to be passionate about making a difference in whatever you are doing.
This mindset and together with, building a dedicated team of individuals to support you will make all the difference when the challenging times do come. Warren offers this advice:
If I was going to advise on some key areas of focus in the start-up process I would suggest:
- Create a strong brand and message and learn to communicate it well.
- Immerse yourself in your market and the future trends of that market.
- Understand how you can get funding and build great relationships with your funder or investors.
- Develop Key performance indicators that really help predict future performance.
- Learn to lead and also it is important that you lead by example.
- Find a mentor at an early stage
- Celebrate success and have fun!
So if I reflect on my own journey and could go back to when I first founded Inspire and I could advice myself anything, it would be:
- Don’t stop believing
- Have more courage in your convictions
- Don’t be afraid to make mistakes (that comes with risk taking) but learn from them.
- Build a network of like-minded individuals to support you and you them – you are not alone!
- Don’t get distracted and keep focused
- …but go do it!
Inspire (www.inspire.uk.net) provides the business, tax, accounting and professional services needed to enable the ambitious business owner to succeed while Evolve (www.evolvemembers.com) provides business leaders and importantly their teams with the wider personal and business skills, knowledge and connections needed to enable both business and personal success.
Both businesses are supported by the Evolve to Succeed podcast.