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487: From Layoff to Launch: Navigating Entrepreneurship with Steve Lomas
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Thinking about quitting your job to start a business? Think again! Veteran entrepreneur Steve Lomas shares candid advice on the realities of entrepreneurship, the importance of mentorship, and the emotional rollercoaster of building a business. π’
π Here are 3 Key Takeaways:
1οΈβ£ Seek Mentorship Early: Surround yourself with mentors and advisors who aren't financially tied to your business. Their objective feedback can be a game-changer. π¬
2οΈβ£ Delay Financial Dependence: Don't quit your day job just yet! Steve emphasizes the importance of not relying on your new business for income right away to minimize stress and preserve your savings. π¦
3οΈβ£ Embrace Continuous Learning: The entrepreneurial journey is a never-ending learning process. Books like "The Business of Expertise" by David C. Baker and "Pricing Creativity" by Blair Enns can provide indispensable insights. π
Don't miss this invaluable guide to resilient entrepreneurship! ππ
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π Resources:
Flame Starter Book: Flame Starter is necessary literature for any high-achieving entrepreneur looking to elevate to the next level without combustion! Utilizing the EMIT Principle (education x motivation x inspiration = transformation), Flame Starter provides practical insights for those who use their "mix" of creativity, innovation, and talents to achieve peak performance and ignite their flames. Get the book.
Zoho One: Over 40 integrated apps that cover a wide range of business needs, such as CRM, accounting, project management, HR, marketing, and more. Learn more.
Podcast Town: A comprehensive platform that offers services and resources to help podcasters grow, monetize, and elevate their shows through production, coaching, strategy, and community support. Learn more.
Canva: A user-friendly online design platform that allows individuals and businesses to create professional-quality graphics, presentations, and other visual content with ease, using a wide variety of templates and tools.
Disclaimer: I am an affiliate of Zoho One and Podcast Town.
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