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As entrepreneurs, we face many challenges in running our businesses. It takes a certain character to be a business owner. Even when you grow to a point where you’re not the face of the business, you still have to show up for your organization and team. Smart business owners learn quickly that it’s not about you – it’s about systems. Overseeing operations is key, rather than being deeply involved in the day-to-day.To stay motivated, it’s important to:
- Develop relationships when networking, rather than just collecting contacts. Share information and help each other.
- Be intentional about who you want as potential clients. Don’t try to sell to everyone.
- Focus on value proposition rather than just price when presenting offerings. Give choices.
Entrepreneurship can solve many problems in our communities. There are often resources available for small business owners that people are unaware of. Connecting with organizations like Women’s Prosperity Network can provide valuable support and resources.
When building a team, it’s important to be clear on expectations and roles. Delegation is key as a business grows. Avoid the “seventh chair” mentality of wanting family and friends to work with you – sometimes you need to let those relationships go and hire the right people for the job.Financial abuse and entitlement from family members can be a challenge. Setting boundaries and rules around lending money is important.
Entrepreneurship is not easy, but it’s a powerful path to creating the life and impact you want. Stay motivated, build the right team, and tap into the resources available to you. The journey is worth it.
