SOME PITFALLS TO AVOID
Along your entrepreneurial journey you’re going to come across a lot of schemes, ideas and people that claim to help you. Be wary. If you’re embarking on developing a sideline revenue stream the single factor you must face up to is that you will need to do more work. Filtering out people who are more about taking your cash than adding any real value is really down to your own gut instinct. If it’s too good to believe it probably is. These are the top three things to look out for:
WORK / LIFE ‘EXPERTS’ IN THEIR EARLY TWENTIES
Anyone who tries to give you life and business advice without really having lived life or started a business should be taken with a large pinch of salt. Follow people who seen a few things and have been around the block a few times.
ANYTHING TO DO WITH THE STOCK EXCHANGE
Some people make a lot of money from dealing, trading and other city stuff. It’s a bit liked a rigged casino. Throw your chips in if you can play the long game and can afford to lose, otherwise give it a very wide berth. You’ll lose.
BUSINESS OPPORTUNITIES THAT DEPICT PALM TREES
If they say you can make money whilst you bum about on a beach they’re lying. There are LOTS of ways to make extra money but lying on a beach whilst it happens isn’t one of them. If you want a beach book a holiday.