Friday, April 25, 2014

Running A Business…. Are You Training?

You train for a marathon. Well, running a business is exactly like running a marathon. Thus, you have to continuously train for business like you would a marathon.

Like training for a marathon you need to consider opportunities. Which ‘marathons’ will you attempt and which ones are you going to pass on? Think about this when considering any and all business deals and partnerships. This rule should be applied to money, too. Simply because you are approved for a $600,000 loan doesn’t mean you should take all the money if it is not needed.

Endurance is going to be needed and you will have to ‘train’ for this as well. We are simply not conditioned as new business owners to understand the long hours and the magnitude of stress we will have to ensure. So, start off slowly and learn to take on more and more work / contracts / stress slowly and not all at once. No one runs and completes a marathon in record time their first bid out of the gate. Apply this concept to your business and your endurance.

Until Monday,

Twyla N. Garrett

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