When you start a new business or take action on a big idea that you’ve had brewing for a while, it can be a very exciting time. You begin to get a taste of what entrepreneurship can feel like; you’re in control of your own schedule, maybe you worked for someone else and you’ve escaped the rigid 9-5 routine and you’ve become your own boss – life feels good.
I remember when I started my first business. Initially, my goal was to earn an extra $500 per month so I could afford my own apartment and eliminate the need for a roommate.
Over time, my vision for that part-time local business began to grow and ultimately it became an international business that had revenues of just under 2 million.
Along my entrepreneurial journey and working with 1000′s of women, I’ve discovered that there are 4 phases to entrepreneurship and each phase plays a key role in your success. Each phase requires a different skill or way of thinking and one is not more important than the other. You may find that you are a “natural” in one or more of the phases and possibly “challenged” in other phases. If so, you will want to think about getting support in the areas where you’re less comfortable.
daughter Jenna loves to play baseball. In fact, she loves it so much she’s willing to play in a league where over 90% of the players are boys. We are nearing the end of the season and playoffs begin in a few days. She’s struggled to keep up with the team, playing mostly in the outfield and typically last in the batting order. Last Saturday, she had her best game of the whole season. It’s clear that she has gone to another skill level. This got me thinking about how Smart Women know the value of “showing up” when they have a strong desire to accomplish something.
my 7 year old daughter came home with what I thought was a challenging school project—designing and creating her own game from scratch. Jenna was stumped at first. She came up with a few ideas but then quickly gave up as she found some “glitches” in her plan. This got me thinking about Smart Women and the game of entrepreneurship.
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