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Survival Kit for Entrepreneurs - Author Darilyn Aquino

Artículo escrito por Darilyn Aquino para el Huffington Post Noviembre 5, 2016

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CONTRIBUTOR
DARILYN AQUINO
My mission is to help you reach the next level with your life and business.
What You Need To Know In
Order To Have A Profitable
Business
July 4, 2017
Survival Kit for Entrepreneurs
November 5, 2016
Does My Company Have What
It Needs to Be Expanded
Internationally?
March 14, 2015
Top 3 Mistakes Newbie
Entrepreneurs Make and Their
Solutions
October 28, 2014
Got a tip?
Do you have info to share with HuffPost
reporters? Here’s how.
Joint Venture: Business
Agreement for International
Trade
September 28, 2014
Key Steps to Not Fail in the
Internationalization of Your
Company
September 1, 2014
Follow Us
NEWS
POLITICS
ENTERTAINMENT
LIFE
VOICES
HUFFPOST PERSONAL
SHOPPING
NEWSLETTERS
NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition
Mother, blogger, Entrepreneur, Author, Juris Doctor Degree in Law, Master´s Degree in International Law
Business and motivational advisor. Speaks 4 languages and contributes with worldwide publications and
prestigious blogs related to entrepreneurship, woman in business, international law and motivation. Her
mission statement is to help you reach the next level with your life and business. If you want to know more
about her subscribe to her free weekly newsletter at www.DAQSGroup.com
By entering your email and clicking Sign Up, you're
agreeing to let us send you customized marketing
messages about us and our advertising partners. You
are also agreeing to our Terms of Service and Privacy
Policy.
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Survival Kit for Entrepreneurs
When you decide to start a new business, at first everything is happiness,
enthusiasm and energy to start your project. Nevertheless you need to take into
consideration that only 15% of new businesses make it past the first two years.
By DARILYN AQUINO, Contributor
My mission is to help you reach the next level with your life and business.
Nov 5, 2015, 04:28 PM EST | Updated Nov 5, 2016
This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted
freely to our site. If you need to flag this entry as abusive, send us an email.
RELATED
BUSINESS SMALL BUSINESS PROFESSIONAL NETWORKING SUCCESS AND MOTIVATION
GO TO HOMEPAGE
When you decide to start a new business, at first everything is happiness, enthusiasm and
energy to start your project. Nevertheless you need to take into consideration that only 15%
of new businesses make it past the first two years.
Therefore if you want your business to past its first two years, you need to take into
consideration the following survival kit, which will serve you to move forward and get
though the beginning.
You will find next the 11 lessons that compose the survival kit that every entrepreneur
should know:
1.By yourself or accompanied: if you are going to start your business with an associate,
keep in mind the possible risks that engaging in business with bad associate may involve. It
is essential to acknowledge everything in writing, and especially important to specify what
would happen in the case of disagreement or dispute.
2.The business has to be flexible: this allows the entrepreneur to test the idea and to
change it if needed, being able to adapt it to a constant changing market.
3.Networking: surround yourself with the right people, nowadays networking is part of our
everyday life inside the business world, you have to contribute to it with emotional
intelligence to turn these relationships into something fruitful.
4.You have to be able to sell your idea: you must be very clear about what your product or
service is. The clearer you are with your clients about your product, the easier it will be for
your potential clients to understand your product.
5.Financial basis: you must have a financial cushion. If you have a normal daily job, we
recommend you not to resign until your business is self-sustainable and working well. To do
so, it is necessary to put in extra effort, it is not easy to work the whole day and later to
work extra on another project, which is the one that really excites you and the one in which
you want to succeed in.
6.Choose an idea that excites you: Building a new business is hard work, in which you will
have a lot of difficulties along the way; therefore it is necessary to love your project, of
course, being realistic and open for changes along the way.
7.Be cautious: Plan and manage well your budget and spending, it is important to spend the
least possible amount of money until the business begins to bear its fruits.
8.Your image is important: worry about designing a coherent identity that lasts with time.
Your clients must perceive quality and professionalism from your brand.
9. Delegate: when setting off a new business you have to be careful of not letting all the
minor administrative tasks to take up all your time, if you can and have the resources,
delegate to specialized third parties, this is called outsourcing.
10. Many-sided and flexible team: as the business grows you will need a good team, but be
cautious, this team has to have very clear the vision and mission of your business.
11.Be open to the possibility of readjusting your initial idea: it is possible that your initial
business plan does not work and you have to do some changes. You need to be aware,
that when you engage in a new business probably you will have to change your first idea at
any moment along this way.
DARILYN AQUINO, Contributor
My mission is to help you reach the next level with your life and business.
HuffPost
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Survival Kit for Entrepreneurs - Author Darilyn Aquino

  • 1. CONTRIBUTOR DARILYN AQUINO My mission is to help you reach the next level with your life and business. What You Need To Know In Order To Have A Profitable Business July 4, 2017 Survival Kit for Entrepreneurs November 5, 2016 Does My Company Have What It Needs to Be Expanded Internationally? March 14, 2015 Top 3 Mistakes Newbie Entrepreneurs Make and Their Solutions October 28, 2014 Got a tip? Do you have info to share with HuffPost reporters? Here’s how. Joint Venture: Business Agreement for International Trade September 28, 2014 Key Steps to Not Fail in the Internationalization of Your Company September 1, 2014 Follow Us NEWS POLITICS ENTERTAINMENT LIFE VOICES HUFFPOST PERSONAL SHOPPING NEWSLETTERS NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition Mother, blogger, Entrepreneur, Author, Juris Doctor Degree in Law, Master´s Degree in International Law Business and motivational advisor. Speaks 4 languages and contributes with worldwide publications and prestigious blogs related to entrepreneurship, woman in business, international law and motivation. Her mission statement is to help you reach the next level with your life and business. If you want to know more about her subscribe to her free weekly newsletter at www.DAQSGroup.com By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. ABOUT US ADVERTISE CONTACT US RSS FAQ CAREERS ARCHIVE USER AGREEMENT COMMENT POLICY DMCA POLICY HUFFPOST PRESS ROOM ACCESSIBILITY STATEMENT PRIVACY POLICY CONSENT PREFERENCES Part of HuffPost News. ©2023 BuzzFeed, Inc. All rights reserved. The Huffington Post The Morning Email Wake up to the day's most important news. address@email.com SIGN UP Log In Join HuffPost
  • 2. Suggest a correction YOU MAY LIKE WHAT'S HOT GOP Lawmaker's Wild Claim About Those Who 'Hate Homosexuals' Causes Literal Jaw-Drop Mehdi Hasan Mocks Donald Trump Jr.'s Latest Whine With The 'Vlogger's' Own Frantic Words Opinion: Tucker Carlson, Don Lemon And The Cult Of The News Media Personality 28 Travel Products For People Who Are Dead-Set On Only Bringing A Carry-On MORE IN BUSINESS American Airlines Pilots Vote To Authorize Strike A Starbucks Closed Abruptly — And Its Workers Say It Was Retaliation Amazon Delivery Drivers In California Become First To Unionize The Campaign To Unionize Trader Joe's Just Notched Another Victory These Apple Store Workers Are Furious With The Company Amazon Spent $14 Million On Anti- Union Consultants In 2022 Medieval Times Is Struggling To Quell A Revolt By Its Own Workers Chipotle Agrees To Pay $240K To Workers Who Lost Their Jobs After Trying To Unionize Starbucks Workers Strike Ahead Of Shareholder Meeting Amazon To Lay Off Another 9,000 Employees New York Community Bank To Buy Failed Signature Bank Parent Of Silicon Valley Bank Seeks Bankruptcy Protection U.S. Stocks Fall As Bank Worries Spread To Europe The U.S. Is On The Cusp Of A New Nuclear Energy Milestone — And Debate Medieval Times Union Says Company Brought In Scab Knights From A Faraway Land A Union Campaign Is Picking Up Steam At This National Outdoor Retailer Howard Schultz Is In More Hot Water Over Starbucks Union-Busting Allegations Israel’s ‘Startup Nation’ Braces For A Political Earthquake More Strikes Are Happening As Workers Wield Their Leverage Medieval Times Scrambles To Fly In Knights From Other Castles Amid Strike Company Employed At Least 102 Kids In U.S. Meatpacking Plants, Investigators Find Tesla Recalls 363K Vehicles To Fix Flaws In ‘Full Self-Driving’ System Starbucks Busted For Illegal Union Busting Disney Will Cut 7,000 Jobs In Effort To Save $5.5 Billion In Costs Netflix Lays Out Plan For Password- Sharing Crackdown Judge Rules That Amazon’s Anti-Union Consultant Broke The Law TikTok Bans Medieval Times Union Account This Pilot Quit Her Job. Her Employer Billed Her $20,000. Elon Musk Faces SEC Investigation Over Tesla's 'Self-Driving' Claims: Report Elon Musk Goofs That He Can't Get Rid Of Dumb New Twitter Name Trader Joe’s Workers In Kentucky Form Union Trader Joe’s Posts 'Anti-Union Propaganda' Ahead Of Election NEWS POLITICS ENTERTAINMENT LIFE VOICES HUFFPOST PERSONAL SHOPPING NEWSLETTERS NEWS POLITICS ENTERTAINMENT LIFE PERSONAL VOICES SHOPPING VIDEO U.S. Edition THE BLOG BUSINESS SMALL BUSINESS PROFESSIONAL Survival Kit for Entrepreneurs When you decide to start a new business, at first everything is happiness, enthusiasm and energy to start your project. Nevertheless you need to take into consideration that only 15% of new businesses make it past the first two years. By DARILYN AQUINO, Contributor My mission is to help you reach the next level with your life and business. Nov 5, 2015, 04:28 PM EST | Updated Nov 5, 2016 This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted freely to our site. If you need to flag this entry as abusive, send us an email. RELATED BUSINESS SMALL BUSINESS PROFESSIONAL NETWORKING SUCCESS AND MOTIVATION GO TO HOMEPAGE When you decide to start a new business, at first everything is happiness, enthusiasm and energy to start your project. Nevertheless you need to take into consideration that only 15% of new businesses make it past the first two years. Therefore if you want your business to past its first two years, you need to take into consideration the following survival kit, which will serve you to move forward and get though the beginning. You will find next the 11 lessons that compose the survival kit that every entrepreneur should know: 1.By yourself or accompanied: if you are going to start your business with an associate, keep in mind the possible risks that engaging in business with bad associate may involve. It is essential to acknowledge everything in writing, and especially important to specify what would happen in the case of disagreement or dispute. 2.The business has to be flexible: this allows the entrepreneur to test the idea and to change it if needed, being able to adapt it to a constant changing market. 3.Networking: surround yourself with the right people, nowadays networking is part of our everyday life inside the business world, you have to contribute to it with emotional intelligence to turn these relationships into something fruitful. 4.You have to be able to sell your idea: you must be very clear about what your product or service is. The clearer you are with your clients about your product, the easier it will be for your potential clients to understand your product. 5.Financial basis: you must have a financial cushion. If you have a normal daily job, we recommend you not to resign until your business is self-sustainable and working well. To do so, it is necessary to put in extra effort, it is not easy to work the whole day and later to work extra on another project, which is the one that really excites you and the one in which you want to succeed in. 6.Choose an idea that excites you: Building a new business is hard work, in which you will have a lot of difficulties along the way; therefore it is necessary to love your project, of course, being realistic and open for changes along the way. 7.Be cautious: Plan and manage well your budget and spending, it is important to spend the least possible amount of money until the business begins to bear its fruits. 8.Your image is important: worry about designing a coherent identity that lasts with time. Your clients must perceive quality and professionalism from your brand. 9. Delegate: when setting off a new business you have to be careful of not letting all the minor administrative tasks to take up all your time, if you can and have the resources, delegate to specialized third parties, this is called outsourcing. 10. Many-sided and flexible team: as the business grows you will need a good team, but be cautious, this team has to have very clear the vision and mission of your business. 11.Be open to the possibility of readjusting your initial idea: it is possible that your initial business plan does not work and you have to do some changes. You need to be aware, that when you engage in a new business probably you will have to change your first idea at any moment along this way. DARILYN AQUINO, Contributor My mission is to help you reach the next level with your life and business. 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