487: From Layoff to Launch: Navigating Entrepreneurship with Steve Lomas

Thinking about quitting your job to start a business? Think again! Veteran entrepreneur Steve Lomas shares candid advice on the realities of entrepreneurship, the importance of mentorship, and the emotional rollercoaster of building a business. 🎢

🌟 Here are 3 Key Takeaways:

1️⃣ Seek Mentorship Early: Surround yourself with mentors and advisors who aren’t financially tied to your business. Their objective feedback can be a game-changer. 💬

2️⃣ Delay Financial Dependence: Don’t quit your day job just yet! Steve emphasizes the importance of not relying on your new business for income right away to minimize stress and preserve your savings. 🏦

3️⃣ Embrace Continuous Learning: The entrepreneurial journey is a never-ending learning process. Books like “The Business of Expertise” by David C. Baker and “Pricing Creativity” by Blair Enns can provide indispensable insights. 📚

Don’t miss this invaluable guide to resilient entrepreneurship! 🌟🚀

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