Francisco Lingad, ANCL Export Import Canada, LLP, Vancouver, BC, Futurpreneur Canada mentor

Entrepreneurship involves taking risks. There are many unknowns in business, especially during in the start-up stages, and these unknowns are the instigators of fear. To counter your fears, work out scenarios, possible solutions and activities that will keep you focused on your business ideas.

Here are some tips on how to do that:

  1. Get the ‘biz buzz’. Know your market and look for business models that could fit the business idea you are working on.
  2. Network. Meet people in and out of the industry. This has lots of benefits, including helping you to observe how the industry is doing.
  3. Take positive actions. Conquer your cynical thinking. There are problems to be solved. Prepare yourself for challenges and research solutions.
  4. Seek help if you need it. Futurpreneur Canada can help, and can assist you with the preparation of the marketing and financial plans. They also provide business loans and mentoring programs.
  5. Manage your time, capital and other resources well.

Now you are ready to go. Take the first step and work on your business.

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