Talk to People
It’s not likely your the first person to try what you want to do. Find people who’ve already done it. Those who’ve been successful can tell you how they did it, what worked and w
hat didn’t. Just as important, try to find people who have failed and talk to them. See if they will tell you why they didn’t make it. Don’t be discouraged by all the negative things you hear. Learn from them. Other people’s mistakes don’t cost you a cent!
If you don’t know anyone who has started a business like yours, try to find them by going to some local classes or seminars on starting a business. You can also talk to people at your local SCORE or Small Business Development Center. They are good people who can answer lots of questions. Or there is never any shortage of advice and stories on the Internet.
Know the Pitfalls
There are some common reasons that new businesses fail. As you look at the answers to 
the questions you’ve asked yourself and the lists you’ve compiled in Part 1 and Part 2 of this series, you will find your own personal pitfalls and weak spots to avoid or address. If you talk to other people, they will be happy to share the problems they’ve had. Just to get started, these are some common causes for failure:
- Not understanding what is involved in terms of time, effort and freedom
- Not knowing basic business management skills or learning them
- Not doing enough research before starting
- Not planning the who, what, where, when and hows for starting and then running a business properly
This is part 3 of the First Steps to Becoming a Micropreneur series.
Part 2
Part 4
If you enjoyed this post, make sure you subscribe to my RSS feed!
{ 1 trackback }