Buisness Insider

INSTANT MBA: Becoming An Entrepreneur Is A Family Decision

Rachel Brooks Bryn Mccoy Citizen Made

Today’s advice comes from Rachel Brooks, CEO and co-founder of the online store custom software company Citizen Made, at the FOCUS 100 Symposium:

“It’s a family decision when you decide to become an entrepreneur. So you need to make sure that you have a family decision when you’re coming into this, because when you start a company and you’re bringing other people into the fold, other people’s livelihoods are on the line because of you.”

Becoming an entrepreneur can be a great decision, but it’s not just your decision, says Brooks. It’s crucial to be aware of the needs of those who depend on you. Entrepreneurship doesn’t always lead to success, and it can be time-intensive.

Be sure to talk to your family and friends about any concerns they may have about how the decision could affect your relationships. Talking openly as you’re initially getting your endeavor off the ground will help ensure their support of your decision.

“It’s important to understand that responsibility and make sure that you’re stacking your deck for success.”

Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email.

Please follow Careers on Twitter and Facebook.

Join the conversation about this story »

Mf

A2A2t
Feeds.feedburner
read full article
 

Page 112 of 363

Find Joysco Studio On Facebook


28 February 2012
Be Inspired: The Life of Heavy D (Documentary) FT. QUEEN LATIFAH AND MORE NARRATED BY...
10 July 2014
Pixel[This is an advertorial. Maclife gets a portion of each unit sold.]The iPhone has become a capable...
10 July 2014
Factory Outlet Ebay Store 620pxIf you're in the market for a deal on an Apple Certified Refurbished unlocked iPhone 5 complete with a...
10 July 2014
FindmyiphoneApple has been attempting to distance itself from Google for some time now, and the latest service...
10 July 2014
IphoneAs hard as may be to believe in these days of rampant iPhone thefts, sometimes lost iPhones make their...
10 July 2014
Mal93.rev Dragon.dragon02Thanks to Siri, we’re all getting familiar with voice recognition. Where the technology really comes...
07 July 2014
Airport Security Checkpoint 620pxOur fellow Americans: Welcome back from a three-day weekend of barbecues and fireworks! July is...
07 July 2014
Other 1Whenever you plug an iPhone or iPad into a Mac and check its data storage in iTunes, a chunk of space is...
07 July 2014
We've heard a lot about how strong the rumored sapphire crystal screens for the iPhone 6 supposedly are,...
29 May 2014
ClassicQuietly, and almost without notice, a chapter in Apple's history may have started to close today. As...