In this episode, Morgan shares her top tips for navigating the first year of business. She covers the importance of documenting everything, delaying gratification, building a safety net, and hiring strategically to set the foundation for long-term success.
Summary:
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 businessâ.
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Blog: â https://www.morganschnabl.com/blogâ
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Upnext
Episode 12
In this episode, Morgan discusses the struggles of starting something new and how to overcome the overwhelm of not knowing where to begin. Sharing her personal journey of launching the Mindset with Morgan podcast, she offers actionable tips, motivational insights, and the powerful concept of âWho, Not Howâ to help you finally take the first step toward your dream.
