My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Starting a Business / Entrepreneur Network

3 Things You Need to Know Before Starting Your Business

- Entrepreneur Staff
2 min read
Brought to you by Entrepreneur Network

One of the worst mistakes an entrepreneur can make is getting into a new business without adequate preparation and understanding. It can be easy to get roped into a new venture with little knowledge of what it will entail, but asking yourself some basic questions beforehand will help you avoid unexpected difficulties or prolonged failure.

In this video, Entrepreneur Network partner and Trade Empowered CEO Akil Stokes lists the top three things to establish before getting involved, including startup costs, reoccuring expenses and a timeline to which you should limit yourself.

Click play to hear how Stokes teetered on the verge of failure before discovering these key steps.

Watch more videos from Trade Empowered on their YouTube channel here.

Related: How to Deal With a Bad Trading Day

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 and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon FireRoku and Apple TV.

Click here to become a part of this growing video network.

How to Stop Procrastinating and Achieve Your Goals