Most entrepreneurs begin with a colossal failure, or two, or three. They leap from an idea into the business - no plan, no personal preparation, just a gamble with their money, or a family member's money, or some money from friends. They miss two critical, initial steps: Preparing a Plan, and Preparing Themselves. They are no more ready to start a business than to jump on a thoroughbred as a jockey in the Kentucky Derby. Which is why 97 out of 100 new businesses are out of business in less than 5 years, with fully half gone within 18 months. This failure rate is why investors are so cautious and why the Small Business Administration (SBA) requires applicants for funding to jump through significant hoops before they see a dime.
The Entrepreneurship Series(C) is a course to prepare you for launching a business of your own. It is the third course presented by Tim Grady. The Self Mastery Series(C) helps you see who you are and your incredible potential. The Dreams, Goals, and Growth Series (C) helps you identify what you want as you proceed through life. The Entrepreneurship Series(C) helps you craft a vehicle to get you there. So, you have a choice - just go for it with the odds 97% against you, or prepare for it and shave those odds by at least half, or better. Get the odds in your favor instead of massively against you. Remember - every great business started as someone's idea. Why not yours?
Building a business of your own is hard work. You end up wearing many hats. Most endeavors require a team to help you succeed. The enterprise also requires planning ahead of launch, and every general will tell you the plan is perfect until the first engagement. Instead of making the mistake of just jumping in, prepare yourself, prepare your plan, and get ready for change!
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