Although there is a great deal of good quality information about starting a business, individually but it can be a struggle to apply all that theory.
I have been working recently with individuals facing redundancy and considering self employment or owners in their first few months of business. In talking to the owners it is clear that although they have access to a great deal of good quality information about starting a business, individually they struggle to apply all that theory to themselves and the unique situation they find themselves in.
Starting a business can be both exciting and scary -that early enthusiasm can sometimes blind you to the risks "that wont ever happen to us".
Further down the self employment journey it is not uncommon to talk to owners who have had to survive some very expensive mistakes. Mostly made through lack of knowledge or because when cash becomes tight they are vulnerable to all kinds of promises about quick fixes.
We do remember lessons learned the hard way, however there are much better ways of spending the resources you have available during your early months and years in business. The ideal position is to get it right first time!
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