The first year of business can make or break your success. In this episode of Mindset with Morgan, Morgan shares her top strategies for navigating this critical stageā€”covering the power of documentation, the value of delayed gratification, the importance of a financial safety net, and smart hiring decisions. Tune in to build a strong foundation for long-term growth!
Morgan emphasizes that the first year of business is the hardest but crucial for long-term success. She advises documenting every process, resisting the urge to take personal profits early, and focusing on building a savings buffer for tough times. Delaying gratification and living frugally in the beginning will pay off later. Morgan also highlights the importance of hiring people with complementary skills, not just those who are like you, to enhance the growth of your businessā€‹
Ā
Ā
Music from #Uppbeat (free for Creators!):
https://uppbeat.io/t/mood-maze/trendsetter
License code: GVN7SS8GV3TYU20D
