10 things to Know Before You Become an Entrepreneur

By Dr. Tracy Timberlake


So you’ve been thinking about doing the whole entrepreneur thing.

I get it.

It’s really enticing, isn’t it?

You see other people bragging on their social media about how much money they make and how they are their own bosses (aka how they don’t have to answer to anyone else or be micromanaged all day, every day.

There are so many things that might attract you to entrepreneurship.

It might be the fact that you can take vacations days whenever you feel like it, sleep in until noon because you know you don’t have to work on anyone else’s timelines or maybe it’s the fact that you can run to pick up your kids from their piano recital in the middle of a work day without having to beg and plead to take your lunch break at a later time. Time freedom and freedom of schedule is one of the biggest benefits of being an entrepreneur.

Or maybe entrepreneurship is calling your name because you don’t want to wait until you’re 65 to see the world. You want to travel to every corner of the earth, tasting delicious food, learning about new cultures and making connections with amazing people.

For some people, it almost seems like a calling… like something they have to do.

Whatever your reason may be for leaving your 9-5 and starting the entrepreneur life, there are a few key things you should know before you get started.

I wanted to put this list together for you because although it may seem like all fun and games from what you may see on social media, I don’t want you to be fooled – most people will only show you their highlight reel.

So if you’re really going to commit to becoming an entrepreneur, I want to make sure you go into with both eyes open and armed with as much knowledge as you can get your hands on.

In my latest video, I am sharing 10 Things to Know Before You Become an Entrepreneur.

Now, this isn’t all of them. Everyone’s journey is going to be unique and you will only learn to navigate the joys and challenges of entrepreneurship once you dive right in.

But for now, this is a pretty solid place to start!


Here’s a recap of what I will be covering in the video


1.

Money is easy mindset is not, you cannot expect everyone to understand.

2.

You have to participate.

3.

Don't underestimate the time it will take to reach your goals, but don't over estimate either.

4.

Learn to trust yourself.

5.

Focus on money making activities first!

6.

You decide the outcome. No one else.

7.

It's always about service. Not sales.

8.

Presentation matters.

9.

Set up your business systems so you're not working 24 hours a day.

10.

Get help.


Check it out and I'd love to know what you think!

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