Here is a fact about entrepreneurship that no one really wants to talk about: It’s a lot bigger than just yourself. Sure, leadership can bring bigger paychecks and more notoriety, but that’s not even close to defining what true challenges 're all about.
True entrepreneurship is much more than authority and recognition from the outside world. Leadership is about developing people and helping others reach their full potential. Entrepreneurs are leaders & it’s about equipping others with the right tools and strategies not only to maximize the success of an organization but also the lives of individuals. It is about breaking down barriers and leading others through the uncertainty of the future.
👉🏼 #Financing:-
Experienced entrepreneurs don’t have it easy when it comes to funding a new business, but they do have a few advantages over newcomers. They might have a pool of capital from a business they previously sold or a steady stream of revenue they can use to fund a new business’s cash-flow. Even if their first business went under, they’ve likely made #investment_contacts and #client_connections necessary to give them a leg up in a new enterprise. As a new entrepreneur, you’ll be starting from scratch, which means you’ll need to start #networking like crazy and thinking through all your possible funding options before landing on one. There’s a lot more work to startup #fundraising than most new entrepreneurs realize. Not having a full understanding of the process and what it takes can lead to a lot of frustration, if not failed rounds, or at least miserable terms, cheers!!
@ushas~
#Entrepreneurship #PersonalDevelopment #ThinkersAtWork #LearningWithUshas
Great points today Ushas. I am not one for borrowing money at all and there is no doubt temptation around every corner with companies offering to give you thousands and thousands of dollars. The biggest issue can be for many over extending yourself, your business and even your family as well as prematurely and immaturely getting funds when going another route may be a better choice. Cash-flow is a big deal... We all need it. It just comes down to understanding money and how to responsibly be in relationship with it.
ReplyDeleteTrue Matt, thanks for resonating mate, cheers!👍🏼
DeleteAgree Ushas Chattopadhyay new entrepreneurs have to network like crazy and keep looking for every source of finance
ReplyDeleteThanks for agreeing Millind ji, cheers!🙏🏼
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