Jennifer Walsh is a true pioneer in the beauty space. She launched her first business, the Beauty Bar, in 1998, and it became the country’s very first omni channel beauty brand. Since selling the Beauty Bar in 2010, Jennifer has helped launch and guide start-ups in the U.S. and abroad. She’s been on TV every month for over 17 years covering beauty, entrepreneurship, and small business in America, and can also be found speaking at colleges and summits about the state of business and retail. Pretty impressive, huh?
"Entrepreneurship isn’t for everyone so it’s important to fully comprehend all that it takes to go out on your own," Jennifer tells WomensHealthMag.com "There are a few things that I tell every budding entrepreneur no matter where they are in life."
Here, Jennifer's tips on becoming your own boss.
1. It's Hard. Like, Harder Than You Think.
No one can foresee the future, but being prepared for anything (and I do mean anything) is critical to surviving the first year and years to come. It is difficult to prepare for the unexpected, but my next tip will help you prepare...
Everyone in your circle of friends/contacts can aid you, so don’t be afraid to reach out for help. Others in the field in which you want to go into can be incredible assets to you when you're planning/growing a business. Use them!
3. Take Care of Yourself.
It is imperative to have healthy habits before you go off on your own. Most new entrepreneurs work extensive hours, can often miss meals, and don’t make time for exercise. It is so important to sleep well, eat three meals a day, and get some YOU time.
4. Keep Learning
Read everything you can get your hands on about the business you wish to go into. Study, go to events, and make time to hear the experts in your field speak. It is so important to know what is happening within your industry at all times.
5. Stay Calm
Learn to be comfortable with uncertainty. Going out on your own is stressful and can be scary, and if you are afraid of the unknown, entrepreneurship might not be for you. Starting a company is all about risk-taking. Either you have it in you or you learn to understand that it is a journey and can be challenging but very exiciting.
For more business tips from Jennifer, follow her on Twitter and Instagram.