Some sound advice from Jeffrey McGrew of Because we can, “Six tips for those about to leap into business for themselves.”
1. Get as debt-free as possible, and try your best to stay that way.
2. Plans are worthless, planning is essential.
3. Listen to everything everyone has to say, but then go ahead and do what you were going to do anyways.
4. Look (and learn) before you Leap.
5. Have a solid plan B in place.
6. You’ve probably already got a niche, you just don’t know it yet.
You can read his explanation here and watch him and Jillian Northrup talking about how they set up their business here. Nice to be pointing to a business that actually designs and makes tangible things.
(Thanks to Russell Davies for the tip)