Entrepreneurs Need Experience, Funds Business Loan Tips Videos Tutorials

Video from our FREE Online Business Coursehttp://www.myownbusiness.orgSession 1 - Evaluating Business PotentialQuestion:\n\"What recommendations do you have for someone just starting out in business?\"\nStan Henslee\nCertified Public Accountant (C.P.A.)\n\nTopics covered in this video:\nBusiness recommendations, experience, funds, cash, capital, support, family\n\nTranscript:\nWell there are a number of things I think that they should do. Number one, they should talk to other people that are already in the industry and ask them what they feel they need to know. Learn as much as you can from others who have already started their own business and been successful and find out what some of their secrets were. \n\nNumber two, make sure that you\'re going to be adequately capitalized so that you have the necessary funds to get your business started and to support you for a while, while the business is growing. \n\nNumber three, make sure that you have your family\'s support, both emotionally and sometimes even financially. \n\nAnd number four, take stock of your emotional ability to deal with some of the disappointments that are going to come along in the early stages, because there will be disappointments. There will be some rough times and you want to make sure you know yourself well enough so that you can copewith those disappointments and ride them out till it all gets better.

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