"Don't Get Caught in the Magpie Syndrome"

Guest post by Jacqueline Wales

Everything that glistens may be interesting, but it’s not gold, and it’s a mistake that many young entrepreneurs make.

So here’s my top 10 list of things to do when starting your own business for the first time.
1. Create a step-by-step strategy. SERIOUSLY simple steps (ex. step 1: buy domain name step 2: buy hosting package etc.)
2. Set a budget and stick to it. Until you start making money…And then still stick to a budget.
3. Don’t believe everything that’s shiny. Just because someone says they are the expert in their field doesn’t mean they are.
4. Be prepared to use the materials and follow the instructions before deciding it doesn’t work. Most programs fail because of lack of implementation.
5. Ask yourself if you really need this now. (You may in the future, but that’s another thing). I have a word I use. “Sombrero”. Whenever I’m confronted with something I’m not sure I’ll use, I consider whether it’s a useless trinket like a Sombrero.
6. Just because you can afford it doesn’t mean you must have it.
7. Titles on the bookshelves won’t bring you results unless you read them.
8. There is only one of you and you don’t have to do it all at once.
9. Be consistent in your approach and don’t chase bright shiny things unless they really will work for you.
10. Get a coach! It’s about accountability. If no one holds you to your goals, will they materialize?

And lastly, if the fear stops you in our tracks, take a deep breath and make a decision. It may not be the right one first time around, but it will teach you something important. After all, that’s why we make mistakes, isn’t it?

Jacqueline Wales is known the world over as The Black Belt Millionaire.  Her unique programs have helped women around the globe develop strong personal success, confident communication and clear visions of their goals. She is the author of five books including The Fearless Factor and you can sign up for a free report at https://www.thefearlessfactorbook.com/signup.html
To get YOUR copy of The Fearless Factor visit https://www.createspace.com/Customer/EStore.do?id=3392398