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The Journey to Entrepreneurship

The Journey to Entrepreneurship. Jan Allen I President Journey’s End Relocation. Key Qualities of an Entrepreneur. Passion for What you Do Strong Knowledge B ase: Willingness to Continue to Learn Desire to Control the Quality of your Life and your Work Unwavering Work E thic

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The Journey to Entrepreneurship

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  1. The Journey to Entrepreneurship Jan Allen I President Journey’s End Relocation

  2. Key Qualities of an Entrepreneur Passion for What you Do Strong Knowledge Base: Willingness to Continue to Learn Desire to Control the Quality of your Life and your Work Unwavering Work Ethic Commitment to Achieve Excellence Tolerance for Risk Basic Understanding of Finance

  3. Tips to Successful Entrepreneurship Recognize the Challenges Evaluate your Resolve Know What you Don’t Know Don’t Underestimate your Ability to Learn Choose your Partner(s) & Mentors Wisely Apply for Business Designations EARLIER Rather than Later: Minority/Women Owned/Small Business Certification

  4. “Life is a journey, enjoy the ride.” Remember Journeys are not always non-stop ; often they are point to point , and sometimes you must backtrack , make a U-Turn , or for a rest break! “It’s the journey, not the destination…” “Knowing the destination is half the journey” Journey’s End Relocation

  5. Embarking on the Journey The Thrill of the Adventure Fuels your Enthusiasm!

  6. Planning Ahead for Delays Building a Strong Foundation Slows the Pace Company Name: DBA? Due Diligence: Business License Business Type: Sole proprietorship, LLC, Corporation, etc. Where to do Business: Office, Executive Suite, Home Office Tech Support: Equipment and Website

  7. Setting Goals & Managing Expectations Unrealistic Goals Impede Progress

  8. Balancing the “Business” with “the Work” How Will You Do the Work While Running the Business?

  9. Calling In Support & Reinforcements Resources are Readily Available Accounting: Bookkeeper? Software? Developing Product: Writers, Designers Marketing: Social Media Business Development: Referrals Staffing: Employees? Contractors?

  10. Enjoying the First Run of Success

  11. Continuing the Journey Training for Continued Success & Growth • Attend Industry Conferences • Enhance Professional Credentials & Skills • Join Networking Groups

  12. Recalculating the Route • Accept Support Growth Requires Adjustments Learn to Set Boundaries

  13. Anticipating Challenges Stay Nimble, Proactive & Lean Avalanche of Sales Lull in Business Service Failure Market Influences Client Demands

  14. Steadying the Course Creating a Model for Continued Growth Refine Processes Negotiate Contracts Manage Vendors Expand Services and/or Products Form Strategic Alliances/Broaden Scope

  15. Learning to Enjoy the Work Settling-In Delegate: Empower Others Accept: Business Ebbs and Flows Remember: Tomorrow is Another Day Execute: Act as CEO

  16. Celebrate your Success!

  17. The Destination is Yours to Choose Enjoy the Journey! Thank you!

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