Do or do not, there is no try.
Those may be the words of a little green guy down in Dagobah, but they apply to anyone who has ever wanted to start a business.
In his list of nine tips for startups, Ron Sapp (the CEO of Sharing Spree) told Benzinga that you can't launch a new company with a negative attitude. “Go into business ownership with the mindset that failure is not an option,” Sapp insists, adding that you should make sure you have “significant funding in place – even more than you think you'll need.”
“Don't be afraid to change and go in a different direction,” Sapp adds. “You don't have to stay on the same path just because you originally saw it one way.”
Further, Sapp recommends that you “surround yourself with like-minded people who share your same passion.”
His other tips include:
Market News and Data brought to you by Benzinga APIs- It's always going to be even harder than you think to get your business off the ground.
- Be prepared to weather the storm.
- Execution is the key to success. A lot of people have great business plans and ideas, but don't execute them well.
- Place employees in roles that you know they'll enjoy and find success in.
- If you have employees across the country – or across the globe –be sure to schedule regular meetings on Skype or a conference call. It's important to keep everyone on the same page.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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