Don't fall into these 5 pitfalls before starting your own business!

1. 5 THINGS YOU
SHOULD KNOW
BEFORE
STARTING YOUR
OWN BUSINESS
B Y : A L B E R T O W A S H I N G T O N

2. C O N T E N T I N C L U D E S . . .
1) BE OPEN TO
TEACHABLE
MOMENTS
2) BE
PARTICULAR
WITH WHO YOU
PARTNER WITH
3) UNDERSTAND
THAT YOUR
PERSONAL TIME IS
STILL VALUABLE
4) BE CAUTIOUS IN
TERMINATING YOUR
DAY JOB
5) NEVER STOP
READING

3. B E O P E N T O
T E A C H A B L E
M O M E N T S
When you become an entrepreneur, you don't
automatically know everything. This may seem
obvious, but when tension and stakes are high and
you want to make sure to win that perfect venture
capitalist, be extremely open to being told you're
wrong. Immediately respond in a genuinely positive
way, plan to make the necessary changes, and
actually follow through.
01

4. B E P A R T I C U L A R
W I T H W H O Y O U
P A R T N E R W I T H
Partners in business can be absolutely invaluable.
They can make or break your business. Make sure
to have a tried and true method of evaluating each
potential partner and take the time to get to know
the person or people involved. You want to make
sure that the way you work doesn't create friction,
but rather, harmony.
02

5. U N D E R S T A N D T H A T
Y O U R P E R S O N A L T I M E
I S S T I L L V A L U A B L E
When you become an entrepreneur, it can be incredibly difficult to
pull away from your work. Oftentimes, people are heavily engaged
and passionate about what business they are creating and what gap
in the market they are filling.
Your family and friends are still important and still have needs in
your relationship. Make sure to schedule them into your agenda,
acknowledging they will always be more important than your
business.
03

6. B E C A U T I O U S I N
T E R M I N A T I N G
Y O U R D A Y J O B
The only time you should take the leap to quit your day job
is when you are absolutely sure you have the money to do so.
Don't base your decision off of promises people make to
give you money. Make sure that money is in the bank and
you are able to use it to cover your living expenses.
If you are not the only one depending on your income, it is
exceedingly important to discuss this move with those
people first before making any decisions.
04

7. N E V E R S T O P
R E A D I N G
Without reading, there is no way you can learn anything
in a deep sense. Learning through the oral tradition, such
as through storytelling or audio books, can be helpful, but
reading is what takes your knowledge to the next level.
Not all books are recorded for audio purposes, and so,
keeping away from reading can be the difference between
being fully funded or not.
05

8. T H A N K
Y O U !