{"id":4756,"date":"2012-09-18T13:47:52","date_gmt":"2012-09-18T17:47:52","guid":{"rendered":"https:\/\/futurpreneur.ca\/?p=4756"},"modified":"2024-02-14T10:39:21","modified_gmt":"2024-02-14T15:39:21","slug":"clear-the-deck-before-starting-a-business","status":"publish","type":"post","link":"https:\/\/futurpreneur.ca\/en\/blog\/clear-the-deck-before-starting-a-business\/","title":{"rendered":"Clear the deck before starting a business"},"content":{"rendered":"<p><a href=\"https:\/\/futurpreneur.ca\/cybf_initiatives\/gew-canada\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10937\" style=\"border: 0px none\" title=\"Blogposts_GEW_logoEN\" src=\"https:\/\/futurpreneur.ca\/wp-content\/uploads\/2012\/09\/Blogposts_GEW_logoEN.jpg\" alt=\"GEW\" width=\"160\" height=\"124\" \/><\/a><\/p>\n<p><em>Dominik Loncar, CYBF Entrepreneur-in-Residence, <a href=\"mailto:dloncar@cybf.ca\">dloncar@cybf.ca<\/a><\/em><\/p>\n<p>Simplify, simplify.<\/p>\n<p><em>&#8211; <\/em><a href=\"http:\/\/www.brainyquote.com\/quotes\/quotes\/h\/henrydavid380064.html\"><em>Henry David Thoreau<\/em><\/a><em><\/em><\/p>\n<p>Being an entrepreneur requires a lot of energy and resources. I usually advise would-be-entrepreneurs to \u201cclear the deck.\u201d Here is what I mean:<\/p>\n<p><strong>Emotional Life <\/strong><\/p>\n<p>If you have pressing family issues or are going through relationship turmoil, then it might be best to resolve that first before you start the business, or at the very least minimize its impact. It\u2019s very difficult to stay focused when you are being emotionally drained. An entrepreneur needs as much emotional stability as they can get.<\/p>\n<p><strong>Financial Life <\/strong><\/p>\n<p>Minimize any debts you have. Make it a priority to pay them off and look at ways to minimize personal expenses, since starting a business typically involves making very little in the beginning. As an entrepreneur, you will need to be able to manage your money \u2013 both personally and for your business.\u00a0 There is no way around this and any excuses about not liking to do a cash flow or keeping track of your money will hinder your success.<\/p>\n<p><strong>Social Life<\/strong><\/p>\n<p>Be selective. I do think it\u2019s important to have an outlet other than your business \u2013 whether you like to go dancing or visiting family and friends \u2013 however, this is not a time to be overloading your calendar with social activities unless they pertain to your business.<\/p>\n<p><strong>Personal Life<\/strong><\/p>\n<p>Your view about the world will have an impact on how you move forward. Perhaps you had a bad experience in a particular situation which has led to a broad generalization. Let\u2019s face it\u2026we all have our biases however, in business you will be continually tested on your assumptions so keep an open mind and a willing heart.<\/p>\n<p>Set yourself up for success from the get-go by clearing your \u201cdeck\u201d as much as possible \u2013 you will thank yourself later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Being an entrepreneur requires a lot of energy and resources. I usually advise would-be-entrepreneurs to \u201cclear the deck.\u201d Here is what I mean:<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-4756","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/comments?post=4756"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4756\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=4756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/categories?post=4756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/tags?post=4756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}