Business Mentor Podcast

Tune in to today’s episode to hear Jay’s advice for anybody looking to go into business and become an entrepreneur. Following on from last week's episode Jay shares tips from his own experiences and gives you 10 considerations when thinking about going into business. Understand that a lot of entrepreneurs fall at this hurdle and enter the market unprepared or at the wrong time. Going into business is one of the most critical decisions you will make in life, and it could really make or break your business. Look forward to an upcoming episode where Jay interviews American entrepreneur Patrick Bet-David. KEY TAKEAWAYS Have a vision - Map out your vision moving forward, if you were to have no roadblocks. Don’t hold back and make it exciting. Have your cashflow setup and budgeted - Make sure you plan out your 12-month cashfow plan. If you don’t have cashflow, you don’t have a business. The legal stuff - Do you need to be a limited company or a sole trader? Marketing budget - You must