3 Tools for the New Entrepreneur
to Expand

Are you a new entrepreneur and looking for tools to expand your foundation? These three tools will support your growth and stability as you develop your niche and services. We’ll give you the cliff notes and then jump into the details. Find an online project management program and a professional coach and develop your strategy. Being an entrepreneur can be exciting and also challenging. With these tools, you will create a sound foundation and leave more space for the creative juices to flow into the other necessary parts of your work.

Try these to get started. By definition entrepreneur means an individual assumes all risk, so challenges come with the territory. Remember to breathe, have fun, get grounded in your why, find your tribe of people and go out and change the world!

1. Online Project Manager

There are so many online project managers, one for every personality. A few great online platforms are Asana, Basecamp and Monday. They will help you get organized and some have some really fantastic features, like connecting your team to deadlines, etc.

female entrepreneur

Photo: Bruce Mars on Unsplash

2. Find a Professional Coach

There are many titles for a professional who specialize in helping new entrepreneurs: business coach, personal coach, life coach, empowerment coach and the list goes on. Their sole purpose is to help you unlock and unblock your mindset and help you expand your possibilities. Toby Robbins may be one of the most famous coaches in the market and for a good reason! He has coached everyone from the multi-gazzillionaires to people are tapping into their best self for themselves. Transformation can happen when an individual or organization (new business) is committed to personal and professional growth. They go hand-in-hand after all. Don’t be afraid to invest in yourself and your business by using a coach. There are lots of amazing options to get coached. You can meet with a coach or mastermind group virtually, purchase a coursee and pace yourself and there is the traditional face to face. The odds are that the more you pay or invest in yourself, the more that you will gain value from the coaching.

Photo: Christina @ wocintechchat.com on Unsplash

3. Develop your personal Strategy

Once a new entrepreneur decides their service and niche, next it will be important for the entrepreneur to consider and choose carefully a strategy. According to a study that the Harvard Business Review completed, when entrepreneurs thoughtfully chose a strategy, they were likely to succeed when compared to others that jumped into the market. In summary:

In their haste to get to market first, write Joshua Gans, Erin L. Scott, and Scott Stern, entrepreneurs often run with the first plausible strategy they identify. They can improve their chances of picking the right path by investigating four generic go-to-market strategies and choosing a version that aligns most closely with their founding values and motivations. 

Featured photo by Austin Distel on Unsplash

Read next: Female Role Models in Business


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