1. Get Ready to be Broke
Tough lesson to learn. It gets even tougher when your company is actually generating revenue, but you need to reinvest it rather than take it off the table. Starting a company is about the long term investment, not the short term payoff. If you are focused in the short term, affiliate marketing or consulting is likely a better fit. These types of ventures allow you to run lucrative solo enterprises. If your goal is to build a company with a product or service that you are passionate about, then prepared for the early days of scraping.
Learn a lesson from my mistakes, this is easier without a family to feed.
To read the full, original article click on this link: Young Entrepreneurs, 8 Things You Need to Know
Author: David Snyder
