Three Keys to Starting a Business

Over the next Several Weeks we will be posting a new and different one-minute video providing business tips and instructional commentary for small business owners.   These tips will range from key metrics to consider to the importance of Business and Cash Flow Forecasting.

If you’re in business, or thinking of starting a business, you must possess three things, otherwise you will be wasting a lot of time. My name is Michael Barbarita from Next Step CFO providing outsourced CFO Services with your know your numbers minute. Those three requirements are, number one, a strong passion and love for what you are doing. Second, a discipline to do the things you need to do. And third, an undying faith that what you deliver to the customer is valuable. I had a potential client last week, and after speaking to them for five minutes I could tell there was no passion, no discipline, and very little faith. Building a business is hard enough, so please check on these three requirements, otherwise it will be near impossible. And remember, the most successful business owners know their numbers!

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