192: Kickstart Your Business - Part 11: Unlocking the Mysteries: What They Don't Tell You About Starting a Business

Become Your Own Boss: Tips for Starting and Growing Your Own Small Business

29-03-2024 • 20分

In the grand finale of our "Kickstart Your Business" series, Monica dives deep into the lesser-known facets of entrepreneurship, revealing insights that are often overlooked but critical for success. She emphasizes the financial prudence of hiring—highlighting the rule that an employee should generate three times their salary in revenue and outlines the additional costs of employment, such as benefits and insurance. Monica candidly shares her journey of learning the ropes of hiring and management, underscoring the importance of trust and immediate feedback. She tackles the challenge of business seasonality, advocating for resilience. Furthermore, Monica inspires with actionable advice: seek support, prioritize self-care, and embrace sacrifice. As you step into entrepreneurship, remember, it's about giving it your all, believing in yourself, and never giving up. Ready, set, go—bet on you.


Episode Quote: Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were. ~David Rockefeller


Join the ⁠⁠⁠⁠⁠Become Your Own Boss Facebook Group⁠⁠⁠⁠⁠ Get your⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Become Your Own Boss Planner⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Helpful Entrepreneurial Resources from Become Your Own Boss ⁠⁠⁠⁠Monica ⁠⁠⁠⁠⁠⁠FREE ebook⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ways to reach Monica: Instagram: @becomeyourownbosspodcast Email: monica@monicaallen.com Feel free to email me with questions or thoughts around starting and maintaining your business.

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