Advice, Tips and Tricks for New Entrepreneurs

If you're interested in making the gamble, entrepreneurship can be extremely fulfilling.
VIP Contributor
Chairman and CEO of Brian Tracy International, Speaker and Author
2 min read
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 RokuApple TV and the Entrepreneur App available on iOS and Android devices.

 

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur