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Tips for Starting a Small Business by Ambrosio Blackwell
1. Tips for Starting a
Small Business
A guide for first-time entrepreneurs
AMBROSIO BLACKWELL PRESENTS
2. Why: Your Reason
for Being
As is common in many aspects of life, there are
lessons we learn that we wish we’d known sooner.
When it comes to being a small business owner there
are insights you can only gain from gathering years of
experience. That is why it’s important to surround
yourself with people that know things you don’t.
Here are a few tips from successful small business
owners.
Ambrosio Blackwell
3. Set Specific Goals
Setting goals is important and can help in every
aspect of your business. However, make sure that
you’re not setting large goals that will take a long
time to reach. Instead, break big goals into smaller
ones. Set markers for 1, 3, and 5 years so that you
can easily chart progress and adjust your process
as necessary.
Setting specific goals also helps employees by
creating a performance-driven culture. When the
company reaches a goal, give feedback. It’s
important to check in with everyone so that there’s
no confusion about what’s expected or what is next.
When everyone feels heard and respected it shows
in their performance and helps to align the entire
team with the mission.
Ambrosio Blackwell
4. Create a Support
Network
At times being a business owner can feel isolating.
Remember that it doesn’t have to be. It’s important
to find mentors and peers that will help you grow
as an entrepreneur. Being a part of the business
community in your area is important. Whenever a
networking opportunity presents itself take it! You’ll
be able to meet people that can help you work
through problems as they arise and offer insight to
difficult decisions that you’ll inevitably have to
make.
Ambrosio Blackwell
5. Delegate!
You can’t do it all. Even if you truthfully
can perform every action necessary for
your business, you probably can’t do
them all well. It is vital to the success of
your business that you bring people on to
your team that have the skills you lack.
Ambrosio Blackwell
6. Don’t Quit Your Day
Job (Right Away)
This is a mistake that people make often. When
you’re excited by an idea for a small business it’s
easy to want to drop everything else and follow your
dreams. However, it’s common for people to do this,
then run out of money and have to go back to work
while they revamp their plan.
Instead, become a top-notch prioritizer. Manage your
time so that you can continue to work, even if it’s
part time. During the hours you’re not working for
someone else, do research for your business,
formulate your plan, and begin reaching out to
people with knowledge that will help you meet your
goals.
7. It will be an adjustment and you will be tired, but at the end of
the day it will help you by providing more money to sustain
your long-term plan.
ARE YOU READY TO START?