You can be on Entrepreneur’s cover!

Advice, Tips and Tricks for New Entrepreneurs If you're interested in making the gamble, entrepreneurship can be extremely fulfilling.

By Brian Tracy

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Brian Tracy discusses how there has never been a better time to start a business. Here are a few helpful tips to make the jump.

  1. Evaluate your idea. Look at whether your idea is fueled by passion, which a business can rely solely on, or money, which may not illicit enough interest that you'll be able to stick with it.
  2. Research and understand your target market.
  3. Be willing to work hard. When you are the person who runs the entirety of a business, you will find yourself in charge of doing everything from sales to cleaning the office.
  4. Adapt and change to new circumstances as they come along.

Click the video to hear all of Brian Tracy's tips.

Related: How the 90/10 Rule Can Help You Achieve Your Goals

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Brian Tracy

Chairman and CEO of Brian Tracy International, Speaker and Author

Brian Tracy is chairman and CEO of Brian Tracy International. He is the leading coach on the topics of leadership, self-esteem, goals and success psychology. Learn more at BrianTracy.com

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Brian Tracy

The Personality Traits That Define a Successful Problem-Solver

7 Bad Habits That Destroy Your Productivity

How to Recover Gracefully From Mistakes and Failures

Franchise

'Fueled by a Hunger For New Challenges' — The 5 Types of Entrepreneurs You Want as Franchisees

Franchising is well known as a pathway to entrepreneurial success, offering individuals the opportunity to build their own business under the umbrella of an established brand.

Business News

A 3D Printer Used By Microsoft, Ford, and NASA Is Now Commercially Available — Here's What It Can Do

Formlabs is a 3D printing company now worth $2 billion. It started as a Kickstarter campaign.

Side Hustle

This Flexible Side Hustle Is Helping Millions Earn Extra Cash — and Might Be 'More Attractive' Than an Office Job

Side hustles remain popular for additional income — and have many questioning the 9-5 model altogether.

Growing a Business

Successful Brands Use These 4 Radical Practices to Attract Loyal Customers

If you're ready to foster true customer loyalty and propel sustainable growth, it's time to embrace radical transparency across your organization.