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Start Your Entrepreneurship Journey [2/6]

What to do when you want to start your own business and become an entrepreneur, but don’t know where to begin?


Here are 6 Major Steps to help you plan and create your roadmap to your entrepreneurship journey.


In Step 1, You define your ideal life/lifestyle and set your goals.


Step 2: Define a Transition Income


In Step 2, you need to define a minimum income while working and transitioning toward your ideal life/lifestyle.


You must be clear on “How much is the minimum cost to support your current lifestyle?”


Because


·  This would be the target minimum income during your transition period from employee to business owner.


·  You need to take this into account in your business model, forecast, and timeline.


No need to define the maximum income – this is infinite.


Stay tuned for Step 3! The Process of Optimization & Elimination




 
 
 

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