How to Succeed in Your First Year of Business
Mindy Schultz | January 31st, 2011Always wanted to start your own company, and become successful but never known how? Well, hopefully with the help of the article, How to Swim, Not Sink, in First Year of Business, you can learn how to do just that!
Throughout her article, author Susan Schreter gives us a run down of why she believes many promising start-up companies fail or succeed in their first years of business. For starters, a key factor that determines a start-up business’s outcome is how fast the entrepreneur adjusts to their new power role as business owner.
It takes more than just “liking” what you do; rather how well you can manage your overall business and make money – it takes more than just having passion for what you do.
Schreter also says assuming that starting a company involves the freedom to do “what you want, whenever you want” is another high risk