13 Things 'Ghostbusters' Can Teach You about Starting a Small Business Always be unafraid of risks, hard work and ghosts (when applicable).

By Nick Leftley Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Archive Photos/Stringer | Getty Images

Opening your own business might be one of the most rewarding things you ever do, but it will also be the hardest. There are many important lessons you need to learn along the way, and fortunately you can learn pretty much all of them just by watching Ghostbusters.

The movie about a plucky young enterprise that defies the odds to become the most successful game in town is chock full of advice, tips, and tricks for budding entrepreneurs (also: ghosts, and a certain amount of busting. This may or may not be useful, depending on your current business plan).

1. Hire the right team.

Your ideal staff should be motivated, idealistic, appropriately skilled and completely immersed in your brand's message.

2. Find a niche and fill it.

Look for a need that no one else is currently fulfilling, and make yourselves the perfect fit for that sweet, sweet gap in the market.

Related: Brain Break: Star Wars Gets James Bond Treatment in Awesome Fan-Made Video

3. Look for appropriate funding.

You want to be sure your fledgling company is built on financial stability, not crippling debt.

4. Have realistic expectations about the world of business.

It's a cutthroat world out there, and you need to be ready to tackle it on your own.

5. Know how to speak the client's language.

If you can't talk to them on their level, you're going to lose.

Related: Superman vs. Batman: Who Makes More Money?

6. Price your product in a fair and reasonable way.

Your customer should feel confident that your services are worth every penny that they're paying.

7. That said, prepare to be a tough negotiator.

Everyone wants as much as they can get for as little as they can pay, so be sure to stand up to those looking to rip you off.

8. Always make a good impression on your clients -- especially in the early days.

These customers are the foundation of your company, and their word of mouth is the best marketing you'll ever get.

9. Remember to inspire and motivate your employees.

Make them feel a valued, vital member of the team.

10. Handle all your business interactions in a mature and adult fashion.

When it comes to business, you always want to be the grown up in the room.

11. Connect with your customers through a solid marketing campaign.

You want to inspire confidence with just the right balance of approachability and slick professionalism.

12. Learn to read the subtle signs of the market.

If you can't spot impending trouble, how are you going to prepare for it?

13. Sometimes, the simplest solutions are the best.

Don't overcomplicate things if the answer is staring you right in the face.

Nick Leftley has been writing and editing for print and digital publications for over a decade, and many times has been able to spell "entrepreneur" correctly on only the second try.

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

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

I Had 15 Flights in 2 Months – Here's How I Keep My Startup Running From the Sky

I've had to adopt a strict routine to avoid letting flights and time zone changes destroy my productivity and wellbeing.

Business News

This Apple Offering Is Causing the Company to Lose Over $1 Billion a Year

Apple can afford the loss — the company's Services division brought in $26.3 billion overall for Apple for the three months ending in January.

Buying / Investing in Business

How One Company Is Transforming the $900B Beverage Industry

AMASS Brands redefines premium beverages, earning investments from Derek Jeter, Adam Levine, and others with nationwide presence at major retailers like Whole Foods.

Money & Finance

People Have a 'Very Big Misconception' About How to Save Money on Taxes. Skipping This Step Could Cost You Thousands of Dollars.

You might have heard about a limit that doesn't exist — and it could be hurting your bank account.

Science & Technology

Recent Trends in Generative AI — and How Business Professionals Can Navigate and Capitalize on Them

Here's what you need to know about the rapid rise of generative AI.