The Early Years of Entrepreneurship: A Step-by-Step Approach to Surviving and Thriving

Posted by SBA.gov under Startups
From http://www.sba.gov 4608 days ago
Made Hot by: MindCircusMedia on April 16, 2012 3:38 am

By Caron Beesley. Entrepreneur and founder of The Body Shop Anita Roddick once said: “Nobody talks about entrepreneurship as survival, but that's exactly what it is and what nurtures creative thinking.” The first few years of small business ownership are undoubtedly the toughest. So, what strategies and tactics can you employ as you venture through the early years of business ownership? Here are some year-by-year approaches to consider.

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Comments

Written by HeatherStone
4606 days ago

Hi Caron,

One of the most important aspects of creating a sustainable business id being able to scale what you do. This means not only being able to create a product or service yourself, but figuring out how create a system by which others can effectively repeat your formula. It's about a lot more than hiring employees. It's a bout creating a system that works! Thanks for sharing.

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Written by SBA.gov
4608 days ago

Thanks for your comment Warren! Glad you found the article relevant and useful.

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Written by Warren Rutherford
4608 days ago

Caron - great advice comes in 3's!. Thanks. The business plan is critical, as is your recommendation to continually update it in year 1, as well as in each of the subsequent years. As the business grows and the entrepreneur now small business owner gathers staff, learning to manage the people along with delivering the product and services will come into play. I've found some owners are better than others at the managing part - so seeking help from experts makes sense as you suggest. Thanks for your post on bizsugar.com.

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