Starting a business advice

Question

For those who have made the leap to starting their own business, what tips would you would give someone unsure about starting their own company?

Anonymous · Answer

When I started a small business, I modeled it after a similar one a friend had and I learned from her mistakes. I also had gotten an MBA which helped a lot. 
One great resource that each state has are Small Business Development Centers. They are partially funded by the Small Business Administration, so you could make a call or two to inquire. They offer free counseling services, business plan writing assistance, etc to start ups and owners. It's a great resource!
Much good luck to you.

Anonymous · Answer

There are ways to test ideas before committing to them. It may seem difficult or costly to test out an idea, but you can do a lot in terms of finding a product-market fit before you take the leap and quit your job. High-stakes entrepreneurship (if you're going the VC route) has low odds (think show business). With that said, you will learn a lot about yourself, your strengths and weaknesses, etc. But when you think of your success odds, it's worth serious effort to figure out how to test that idea before leaving your job. You can find freelancers to do so much for you too!

Anonymous · Answer

I'm in finance...I don't have the breadwinner issue but my income is very important to our household. I think it's important to 'just get started' but I'm looking for ways to test out ideas around my startup vision instead of doing it full time but I worry if it's really possible to do well.

Anonymous · Answer

I am looking to do the same so I'd love to hear what others have to say! My biggest struggle is that I am the bread winner so I can't make a move until my husband can land a position with a salary equal to mine. What field are you in?

Starting a business advice

You're invited.

See what women are sharing on Fairygodboss.