The idea of being the CEO of your business can sound very tempting – you can choose what kind of goods you want to sell, the people you want to work with, and you do not have to listen to anyone when you are in charge. Yet, there are a surprising number of entrepreneurs who quit in their first year of business.
You cannot have all the good stuff without putting in the effort to gain it. And these efforts can sometimes be very taxing on business people, especially those that are still new to the professional world. Consequently, many people quit simply because their expectations were torn apart by reality, and they did not have the patience to wait and see where their struggles would have reaped their fruit.
Now that makes one wonder – how have the highly acclaimed entrepreneurs achieved their current success? To answer that, let us consider the business journey of Douglas Lloyd Hauptman Jr. – an English personal life coach, revered entrepreneur, realtor, political activist, business, and software developer.
Hauptman Jr.’s business journey began at the young age of seven with a lemonade stand in California. Then, after gaining the necessary business skills he needed over the years, he started his first startup, AtlantaWebsites.com, a website development services company for businesses; the second was SEONow.us which delivered search engine positioning services to small businesses. Quickly following behind was his third startup, AllAroundPool.us, which built and repairs spas & swimming pools in the local area.
His experience has allowed him to be the ideal marketing and business consultant who aids small and middle-sized companies in implementing strategies to increase sales and growth. Over the years, he has established many businesses – and now uses his experience to guide aspiring businessmen on how they can effectively dimmish the challenges that come in an entrepreneurship journey.
The Financial Hesitation
Money has always been one of the main reasons why people in business hesitate when they think about starting their own careers. But what they do not realize is that you don’t need to spend a lot of money on startups.
Stop thinking about getting a fancy office, an awesome office chair, or those four-colored glossy brochures. It does not take millions of dollars to start a business – try to keep your office space and business processes as frugal as possible. And once you have a stable flow of income, you can start thinking about upgrading your office.
Do Not Compromise on Time
Not having enough time is a major concern for many businessmen in our high-pressure modern world. That is why it is crucial to control how you manage your time on a regular basis.
To be a successful entrepreneur, you must understand that business startups require sacrifices through the proper use of mastering time. You might need to give up on going on vacations and put in extra hours of work late in the night or early in the morning to build upon the momentum to ensure speedy business success.