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What Are the Right Questions to Ask When You're Starting Your First Business? Focus on the important stuff at the start of your entrepreneurial journey.

By Jeff Rose

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Jeff Rose explains that many entrepreneurs approach him with questions about how to start preparing for hiring before they have made a single penny.

Rose recommends holding off on these questions until you've made a legitimate profit. Once your business begins generating cash, you can then seriously start considering whether to file for LLC status. The ultimate lesson here is to focus on making money first; then to focusing on the smaller tasks that are legitimately less pressing later on.

Click play to hear more.

Related: This Is When You Should Take a Break From the Hustle

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

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