We asked folks we admire to share one piece of conventional advice that they disagree with.
LaDawn Townsend | CEO Advisor
When you think about becoming an entrepreneur the moment you type the phrase into Google you are inundated with unlimited pages with articles, videos, and all sorts of advice on how to go about your new journey. That was my situation in 2014 as I started to navigate the new territory of being self-employed after my Corporate America executive position was downsized. I remember the day as if it was yesterday. It was early November 2014 and I received a phone call that no one wants to receive. On the other end of the phone were my two managers letting me know that they had just been released from their positions along with all of my co-workers and I was the next person they had to call on the list. Read more>>
Samantha Guzman | Baker and fashion enthusiast
That everything has to be in line to start your business. I had nothing ready. I still don’t have a lot ready. But I have the best support system that told me to just take that leap. Read more>>
Rachel Richards | Bestselling Author of “Money Honey”
Entrepreneurs are often told to “take a leap of faith, and the net will appear!” I don’t agree with this advice. Taken literally, if you quit your job to start a business, with no other income streams or money coming in, then you will be operating out of a place of panic and desperation. And that’s the last thing you want to do as a new business owner. I think you will feel safer and more secure if you can start monetizing your business idea on the side (evenings, weekends). Ensure you can generate revenue. Have a specific monthly revenue goal in mind that you want to hit before you quit your job. I personally wanted to fully replace my full-time income before quitting, and that’s what I was able to do in 2019. It felt all that much more rewarding when I finally went through with leaving my career! Read more>>