Opinions expressed by Entrepreneur contributors are their very own.
As a result of not solely does an entrepreneur dwell with good needs, the dream of launching a startup needs to be a strategy of “leaping”, sure, but it surely must also embody planning to forestall your imaginative and prescient from turning into a nightmare.
With the tip of the 12 months come numerous balances of what have been the twelve months left behind. Certainly the stability sheets start with the next sentence: “What a heavy 12 months.” It continues with: “Yearly goes by sooner” and there’s no scarcity of who, deep down asks: “Have they already deposited the Christmas bonus ?”
We are inclined to put measures within the stability sheets and amongst them are our earnings, but in addition the style in our mouths that the 12 months that left us leaves us. So widespread are the sensations of bodily and psychological fatigue, the feelings that fill us with momentum are added, we’re inflated with concepts and beliefs after which the results of the stability is: “I’m going to begin a enterprise (to proceed an unbiased life and go away the Godín world) ”. It’s at this second, my esteemed entrepreneur, that you just face the most important determination of your life and you’ve got two choices: launch your self “like Borras” or advance “by means of the pebbles.”
Now, I’m going to share with you the relationships that I contemplate most essential, based mostly on learnings obtained in previous adventures and from presently working in an excellent startup that’s on the eve of its sixth birthday and rising at full steam:
1. Your associate
Speak about your plans with her or him. Speak about it! By no means be stunned as a result of your funds are carefully linked to these of your loved ones. Following the trail of the entrepreneur is important for you, for your loved ones and for Mexico. It’s the surest path to financial progress.
2. The Credit score Bureau
As my grandmother used to say: “It’s not the identical to be enjoying, than to be in the bathroom” so don’t throw your self that quick. This may solely devour your power, your sources and your financial savings, in case you have them. At all times have an excellent relationship along with your credit and with the Bureau, which supplies you a grade for the great or dangerous dealing with you give them. A superb qualification means growing your potentialities of financing for what what you are promoting wants.
3. Your accountant
“Enterprise that doesn’t develop is just not enterprise.” I heard this final 12 months and he cannot be extra proper. It’s essential to envision a progress horizon. This implies doing all of your homework, researching the market, planning funds, and constructing, because the Chinese language do, in your grandchildren. Many think about that an SA de CV is sufficient or maybe you might have already considered registering as a pure individual with enterprise exercise. Nonetheless, the tax regime is totally different and it could be {that a} SAPI, SOFOM or a CA will swimsuit you for what you are promoting. This is not going to solely profit your operation however it can even be decisive for the long run progress of what you are promoting.
4. Your creativity
Your priorities in the course of the first 12 months are: promote, assure high quality and your crew of collaborators. Your corporation is born out of your creativity and it should be labored on each day. You might want to proceed your training, replace your self within the subjects and data and expertise of your trade. It’s common for entrepreneurs to hunt to put money into every thing besides their creativity and preparation.
5. The IMPI
Registering all of your mental and industrial property is virtually shopping for insurance coverage in your manufacturers, concepts and your creations. These represent the principle asset of what you are promoting and as such have worth in your monetary statements. Accounting for them will increase the worth of the capital on which banks calculate the danger of the loans you will request. Perceive this: a wonderful model and brand that does not promote are nugatory; An internet site is just not a enterprise (it’s a medium), simply as a “LIKE” is just not a sale (it’s a easy “LIKE”).
6. THE SAT and the IMSS
As Mexicans we’ve to grasp that it’s potential to have a enterprise that grows even whereas assembly our obligations. Then again, when you do not comply, or “purchase payments,” you’ll be able to even find yourself in jail. Placed on a wage and don’t devour your earnings. In any other case you’ll create a enterprise that doesn’t develop since you are paying in your life-style. If what you are promoting doesn’t pay your wage (and that of your workers), you might be doing one thing flawed. And when you began with out financial savings that, not less than, assure you a 12 months of sustenance, you’ll be able to have a horrible time.
7. Your insurer
Do your self a favor and purchase insurance coverage. Regardless of the dearth of a large insurance coverage tradition in Mexico, an sickness, a home hearth, a theft of your stock can imply the life or loss of life of what you are promoting and a household embezzlement.
You’re going to discover a path during which you’ll uncover new sides of your self. You’ll change the best way you see your bosses, your collaborators, your funds and your nation. Congratulations, entrepreneur, as a result of whether or not your challenge is a film, a online game, a brand new technique of rising avocados or a faculty, you’ll begin a path stuffed with surprises and items. It’s as much as you to make it simple for you as a result of additionally it is crucial determination of your life.
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