For this episode, I share with you my six top tips on how to set up a business. I’m now 10 years into my entrepreneurial journey, having set up and run four businesses from scratch.

More people than ever are wanting to set up their own business – with an estimated 3 million employees in the UK stating they want to set up a business in 2022. In 2021, over 700,000 businesses were started, and post-pandemic that figure is estimated to continue to rise as more people are wanting to take control of their time, energy and focus and chase their dreams running their own business and to work for themselves.

As idyllic as that sounds, a report by the Telegraph newspaper showed that over 20% of businesses fail within the first year, and even if your businesses survives the first 12 months, by year 5 around ½ of businesses have failed. However, it’s not all doom and gloom and my goal today is to share with you the things I wish I’d known when I got started to make your journey into entrepreneurship as smooth and enjoyable as possible!

Tip #1 - Find Your Passion

Tip #2 - Know Your Market

Tip #3 - Solve a Problem

Tip #4 - Start Lean

Tip #5 - Be A Planner

Tip #6 - Find a Mentor

I hope you enjoy our conversation! Get in touch with me at [email protected]