Do’s and don’ts of being an entrepreneur
“An entrepreneur is someone who jumps off a cliff and builds a plane on the way down.”
– Reid Hoffman
Yes. Absolutely. There are many reasons to become an entrepreneur, but there are also do’s and don’ts that will help you on your journey.
What are they?
Today, we are sharing some do’s and don’ts of being an entrepreneur, given by members of the No BS with Bree and Stephen Facebook group. The No BS group is a creative space for entrepreneurs to discuss projects, wins, and goals. It is hosted by Bree and Stephen, adventurous business owners living in San Diego, California.
Without further ado.
Do’s and dont’s of being an entrepreneur
DON’T just wait for things to fall into your lap.
DON’Tsacrifice ethics for money.
Tyler Champ Summers
DO read as much as you can and get a mentor! Make friends with people you want to be like. Change the way you think, and things around you will start to change. Build a strong foundation.
DO work hard.
DON’T make yourself constantly busy to the point you burn out and hate what you do.
DO drink coffee!
DON’T drink coffee after 4 pm! 3:59 pm is good, though. 🙃
DO work hard.
DON’T undervalue yourself and give stuff away for free.
DO provide an amazing client experience.
DON’T bend over backward and break yourself in ways that aren’t beneficial.
DON’T lean on Pinterest Boards and “Boss Babe” quotes for your motivation. It has to come from, and thrive off of, hard work; it’s not always fun or rewarding, but it’ll get you to the big picture authentically.
DO everything within your power to legally reduce your tax burden.
DON’T illegally avoid paying all applicable taxes.
Crystal A VanAntwerpen
DO examine your true costs before setting pricing. Your time is valuable, and you should be factoring in an hourly wage, not just the cost of gear, goods, etc.
DON’T forget to set business hours and factor in time for a personal life, or you will burn out.
If you fail, don’t stop, get up, and try something else. Edison had 1000 failed attempts before creating the light bulb that finally worked.
DO work hard and give yourself a weekend that’s all for yourself.
DON’T work at half capacity every day of the week with barely any dedicated time off until you burn out.
Learning my lesson 🙃
DO invest in your business. Time and money pay off.
DON’T ever give up. Keep working towards your goal!
DO follow your passion but make sure you have a plan, business plan, budget plan, marketing plan, and projection of income plan. Did I say make sure you plan?
DON’T try to do it all on your own. Hire other professionals to help: CPAs, attorneys, marketing teams, bankers, and financial planners.
DO get up early.
DON’T go to bed early.
Emily Dukat of EMDukat Photography
DO your best, and continue learning.
DON’T compare yourself to other entrepreneurs. Only compare yourself to who you were yesterday.
DO give yourself breaks and your time! The work will be there when you get back.
DON’T burn yourself out and end up hating your job.
DO be creative 😂😂 and come up with your own business plan and model.
DON’T copy someone else’s business model.
DO support those that support you.
DO be yourself!
DON’T be like everyone else!
DO decide for yourself what success means to you and let that definition change as you see fit.
DON’T let society, your family, friends, or partner define what success in your business looks like.
Rebecca E. A. Pettis
DO make vendor friends and network. Work hard, come up, and build others.
DON’T use vendor friends and network to mirror, steal, copy, or only for your benefit under the guise of “real friendship.”
Being an entrepreneur is a journey. These photographers shared their do’s and dont’s of being an entrepreneur so you are ready for your own adventure.
Join the No BS with Bree and Stephen group to learn more about marketing, business, and entrepreneurship.
You’ll thank us later.
Utility Avenue‘s Spotlight focuses on promoting inspiring businesses every week. For a chance to be featured, contact us at email@example.com with the subject Spotlight.