Are You Ready to Start a Business & Become an Entrepreneur?, With Lauryn Williams and Chloé Moore

This is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny.

In this episode of the series, Lauryn and Chloé help you answer the question “Am I ready to start a business and become an entrepreneur?” A lot of people are thinking about taking the leap into entrepreneurship after the last year, but how do you know if it’s really a good idea? There are a lot of considerations to make before getting started and it’s not for everyone. 

In this episode, Lauryn and Chloé talk about:

The common mistakes that people make when starting a business What you need to have in order with your finances before you start a business The biggest reason that many businesses fail Why you need to be passionate about your business How long it really takes before you’ll be able to pay yourself as an entrepreneur What professionals you should connect with from the start of your business A few things you need to know about taxes Unexpected expenses that many entrepreneurs forget to plan for Potential business scams to watch out for What steps you can take if you want to start a business and are ready to become an entrepreneur

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

Instagram: @worthwinning Twitter: @worth_winning Facebook: @worthwinningfp LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

Instagram: @financialstaples Twitter: @finstaples Facebook: @finstaples LinkedIn: @chloemoore

RESOURCES:

Instagram: @financialstaples Twitter: @finstaples Facebook: @finstaples LinkedIn: @chloemoore

Shared quote: “Dreams do not come true just because you dream them. It’s hard work that makes things happen. It’s hard work that creates change.” - Shonda Rhimes

RESOURCES MENTIONED:

E-Myth Revisited by Michael E. Gerber  Episode 105 - "Know Better, Do Better" Series: Renting vs Homeownership Episode 100 - Employee vs Entrepreneur: What to Know Before Making the Jump

Coming up next: In Episode 107 we’re going to talk about what to do if you get an unexpected windfall.