It’s been kind of dry here at the B3 Chronicles, but I promise, it’s been with good
For the past few months, I’ve been working tirelessly to create, start, and launch a
new business that encompasses everything this site stands for and then some. There are so many moving pieces, and it has been extremely draining (but still no excuse to leave you all hanging, I know.) On Wednesday, we’re officially launching, but not before sharing some notables I’ve gathered along the way.
Whether you’re launching a beauty brand, apparel line, non-profit, or all three,
(hmmmmm) there are a few things you should know in advance to prepare you for the unpreparable (I know that’s not a word, but just go with me!)
1. SOMEONE WILL DEFINITELY TRY To SWINDLE YOU
it with a smile.
If it sounds too good to be true, more than likely, it is.
Be sure to triple check the work and credibility of companies you do business with, comparing their rates and services to their respective industry to ensure that YOU get the best service and pricing possible. Most companies can tell when
someone is new to an industry and often try and take advantage of them, or like
HBCU undergrads say, “give them the runaround.”
Be mindful; being naïve can cost you more than just time. It WILL cost you money.
2.JUST BECAUSE IT WAS MADE IN ANOTHER COUNTRY DOESN’T MEAN IT’S A DEAL
products and materials, they immediately think that China or neighboring countries are the best fit. While that may be true for some, that is not necessarily the case across the board.
Before you decide to ship your company half way across the world, be sure to conduct extensive research, calculating the total cost (including shipping fees) to see if you’re really saving as much as you think you are. You may be surprised to know that many US based manufacturers offer the same products or services right with half the hassle and cost.
3. NO MATTER HOW WELL YOU PLAN, SOMETHING WILL GO WRONG
fail. On the contrary: THIS is to prepare you. If it hasn’t happened yet, there will
be a day where something -even the most minute thing- will go wrong. 9/10
there was nothing you could have done to prevent it. Best advice? Keep going
and don’t dwell on it. There is always something to learn from a mishap- no
matter whose fault it was. The last thing you want to do is slow down or get side-
tracked because you are dwelling over something you can’t change.
This brings me to my next point:
4. DON’T SWEAT THE SMALL STUFF
Make a decision and stick with it, unless it’s something that absolutely has to be attending to in that given moment.
5. YOU CAN'T DO EVERYTHING BY YOURSELF
tribe of friends and professionals to lean on can make a world of a difference in
both your spirit and your startup. Soliciting the expertise and skills of those you
know and trust can save you time, money, and mistakes. Trust me on this.
I hope this helps someone on this very hot summer day!
Have some advice you'd like to share or a testimony on how you overcame an obstacle when starting your small business? Share it below!