You can start to strengthen your network now by attending events in the industry you want to dive into, reaching out to potential mentors who specialize in the area of your product or service, and connecting with other entrepreneurs who can help you navigate the road to launching a business.
Sara Blakely, for example, initially invested her savings into Spanx while keeping her day job as a source of income. She also kept. She designed her packaging herself, mailed out orders personally, and wrote her own patent from a textbook bought in Barnes and Noble to save $3,000 in legal fees. Again, Spanx is a prime example of this. Sara Blakely did not raise money from outsiders. She used resourcefulness and persistence while refining her idea. My family business also didn’t initially turn to outside funding. We approached Italian leather manufacturers and asked if we could recycle the off-cuts that they weren’t going to use. This allowed us to create a sustainable brand that has now been successful internationally for over 20 years.
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Source: WashTimes - 🏆 235. / 63 Read more »