ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Entrepreneurship - Tips for Your Project

Updated on June 18, 2020

I cannot tell you that entrepreneurship is the easiest thing in the world and that it is better to work for ourselves, because we are going to work less… it's just the opposite! While in an office (or in the so-called “normal” work) we have to work a certain number of hours and, even if we have to work overtime from time to time, it is not every day and weekends are pure rest. When we have our business there is not really a day of relaxation, but… when we believe in a project a lot and we REALLY want it to work, it will be a great pleasure to work hard on it and the motivation is different for sure!

As I use to say “luck is a lot of work”. Until we get to that luck, until we consider ourselves (or be recognized as) successful people there is a lot of work behind.

I can tell you that most small businesses close within two years, for one simple reason: lack of planning.

If you want to start something, plan, settle on ideas and, even if you start a little later than you had planned, the most important thing is to be comfortable with planning your business, at all levels.

Some simple tips for those who want to start a business:

1. Put your ideas on paper

Ideas are no more than that if they are not materialized and the first step is to pass them on paper, to start taking shape.

Do not try to execute your ideas immediately (believe me, I am also an impulsive person and sometimes we need to stop and breathe to realize that we need some more time), the impulse will miss important details and can lead to initial failure. Point out all your ideas and try to have a logical reasoning. These questions help:

- Why?

- What?

- As?

- For whom?

- Where?

- When?

- How much?

Putting it on paper will help organize ideas, believe me!

2. Research the market

Research about the business area you want to focus on, the market you want to cover, which other companies have similar products or services (competition), etc.

Unless it is a completely disruptive and innovative idea, the likelihood of other companies in this business area is very high and it is essential to know what others are doing and how to differentiate yourself.

3. Think of a name for your business

It is not easy and can take a long time. In a hurry, we don't do anything well, remember that.

When you have the name, register it and look for a domain on the internet and check on social networks if that name is available.

Only after that should you proceed to develop the image.

4. Make the business plan

For a business to succeed in the market, it has to be sustainable at several levels. Financial health is fundamental and cannot take a “step bigger than the leg”, because it increases the risk, in case something goes wrong.

It is true that in the beginning there is an investment that must be taken into account (graphic image, website, etc. - if it is a product, even more) the available capital and not flying too high. All costs have to be accounted for: fixed, variable, etc.

If you plan ahead, you can put aside savings and when you start, you will already have some money.

5. Get inspired

I think it is essential to be surrounded by other entrepreneurs, they are an incredible source of inspiration. Whether on social media, in books, magazines, articles, friends, etc. Our circle of closest friends does not always have this desire to undertake and we need to seek inspiration elsewhere. The exchange of experiences, positive energy are fundamental in the process!

6. Don't care about others

There will always be someone who will say "this is not going to work!" do not mind! I am one of those who only shares (at least with most people) when everything is about to happen and I work in my corner until I have something more concrete to present, exactly so as not to hear these words of discouragement. Focus on your goal and believe in what you are doing.

Would you like to start your own business?

See results

This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

© 2020 Manuela


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)