Hi everyone. In my previous posts you may have noticed that I write about business. One of my objectives is to become an entrepreneur. I have worked in the pharmaceutical industry for 18 years and love the fact that the medicines I worked on are helping people. But I hate the uncertainty. Your job is never secure. Also depending upon where you work and what your position is salary raise, bonus etc. are not guaranteed.

I recently came across two books written by women advising other women about starting their own business. One is called In the Company of Women by Grace Bonney and the other is Power Your Happy by Lisa Sugar. So below, I will list things from both the books.

1. Don’t do anything drastic. Start part-time if you can because in the initial stages of building your business, the additional income will help.
2. It is never too late to start a business. Colonel Sanders was 62 years old when he founded Kentucky Fried Chicken in 1952.
3. When you are at the stage where you want to hire people, hire hard working people who are equally passionate about the business.
4. Once you hire people, promote from within.
5. Success means different things to different people. Success does not mean money.
6. It is difficult to maintain a work-life balance no matter how hard you try. So accept that you won’t be able to do the things you want to do all the time. But there are many support groups and entrepreneur resources that you can turn to if you need help.
7. Keep up on technology. There is no excuse for not doing this. A few years ago, it was not necessary to have a website. Nowadays, it is a must. Similarly, social media was not very popular, but again today, it is a must.

So I hope this was useful. I know it is not a step-by-step guide to starting your business, but I will do that when I have my own business.