by Jaynee Sasso
Succeeding in today’s tough economic climate may mean paving your own road to recovery rather than waiting for the efforts of others and the economic storm to pass. Today’s double-digit unemployment rates can either frighten you or motivate you to persevere despite your present challenges. This may be the perfect time to begin taking the first steps toward building your dream of owning your own business. The journey will not be easy, but could be one of the most rewarding.
First, assess your natural talents or abilities and be realistic with yourself. Seek help with those areas of your business that you experience difficulty. Then, I want to encourage you to write your vision for your business and develop a plan of action. Over the years I have heard the following quote repeated: We don’t plan to fail but fail to plan. The most important aspect of your plan is knowing how you will respond when things do not go according to the plan. How will you handle the various challenges along the way?
Johnny Nomega of Nomega Recording Studios & Marketing Co has been a successful business owner in Richmond for over ten years and understands the importance of planning for success. Nomega recently shared with me his top ten tips for aspiring entrepreneurs: