When you decide to “take the plunge” and quit your job to become an entrepreneur, your whole world becomes transformed! You go from the security, if you like, of having a regular salary and end up in a place where taking a day off from work means you don’t earn anything.
As you can appreciate, entrepreneurs often spend much of their time thinking of and actioning plans that generate revenue for their businesses. You will no doubt come to realize that there’s often a steep learning curve for a newbie entering the business world. And, it’s likely that new startups will make all kinds of mistakes before they get into the swing of things.
Having said that, even seasoned entrepreneurs tend to make mistakes; it’s not a problem exclusive to new startups. But, whether you are a new or established entrepreneur, it’s important to consider the following unwritten rules that you seldom learn about in a Business 101 class: