7 key relationships that it is best to handle earlier than endeavor

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This text was translated from our Spanish version utilizing AI applied sciences. Errors could exist resulting from this course of.

Opinions expressed by Entrepreneur contributors are their very own.

As a result of not solely does an entrepreneur stay with good needs, the dream of launching a startup must be a means of “leaping”, sure, but it surely also needs to embody planning to forestall your imaginative and prescient from changing into a nightmare.

With the top of the 12 months come numerous balances of what had been the twelve months left behind. Certainly the steadiness sheets start with the next sentence: “What a heavy 12 months.” It continues with: “Yearly goes by quicker” and there’s no scarcity of who, deep down asks: “Have they already deposited the Christmas bonus ?”

We are likely to put measures within the steadiness sheets and amongst them are our earnings, but additionally the style in our mouths that the 12 months that left us leaves us. So frequent are the sensations of bodily and psychological fatigue, the feelings that fill us with momentum are added, we’re inflated with concepts and beliefs after which the results of the steadiness is: “I’m going to start out a enterprise (to proceed an unbiased life and depart the Godín world) ”. It’s at this second, my esteemed entrepreneur, that you just face the largest resolution of your life and you’ve got two choices: launch your self “like Borras” or advance “by means of the pebbles.”

Now, I’m going to share with you the relationships that I take into account most necessary, primarily based on learnings obtained in previous adventures and from presently working in startup that’s on the eve of its sixth birthday and rising at full steam:

1. Your accomplice

Speak about your plans with her or him. Speak about it! By no means be shocked as a result of your funds are carefully linked to these of your loved ones. Following the trail of the entrepreneur is critical for you, for your loved ones and for Mexico. It’s the surest path to financial progress.

2. The Credit score Bureau

As my grandmother used to say: “It’s not the identical to be taking part in, than to be in the bathroom” so don’t throw your self that quick. This can solely devour your vitality, your assets and your financial savings, you probably have them. All the time have relationship along with your credit and with the Bureau, which supplies you a grade for the nice or dangerous dealing with you give them. A superb qualification means growing your potentialities of financing for what your enterprise wants.

3. Your accountant

“Enterprise that doesn’t develop shouldn’t be enterprise.” I heard this final 12 months and he cannot be extra proper. It’s essential to envision a progress horizon. This implies doing all of your homework, researching the market, planning funds, and constructing, because the Chinese language do, to your grandchildren. Many think about that an SA de CV is sufficient or maybe you have got already thought of registering as a pure particular person with enterprise exercise. Nonetheless, the tax regime is completely different and it might be {that a} SAPI, SOFOM or a CA will go well with you for your enterprise. This won’t solely profit your operation however it can even be decisive for the long run progress of your enterprise.

4. Your creativity

Your priorities through the first 12 months are: promote, assure high quality and your staff of collaborators. What you are promoting is born out of your creativity and it have to be labored on every single day. It is advisable to proceed your schooling, replace your self within the subjects and information and abilities of your business. It is not uncommon for entrepreneurs to hunt to spend money on all the pieces besides their creativity and preparation.

5. The IMPI

Registering all of your mental and industrial property is virtually shopping for insurance coverage to your manufacturers, concepts and your creations. These represent the principle asset of your enterprise and as such have worth in your monetary statements. Accounting for them will increase the worth of the capital on which banks calculate the danger of the loans you will request. Perceive this: a wonderful model and emblem that does not promote are nugatory; An internet site shouldn’t be a enterprise (it’s a medium), simply as a “LIKE” shouldn’t be a sale (it’s a easy “LIKE”).

6. THE SAT and the IMSS

As Mexicans we’ve got to know that it’s attainable to have a enterprise that grows even whereas assembly our obligations. Alternatively, for those who do not comply, or “purchase payments,” you’ll be able to even find yourself in jail. Placed on a wage and don’t devour your income. In any other case you’ll create a enterprise that doesn’t develop since you are paying to your life-style. If your enterprise doesn’t pay your wage (and that of your workers), you might be doing one thing improper. And for those who began with out financial savings that, no less than, assure you a 12 months of sustenance, you’ll be able to have a horrible time.

7. Your insurer

Do your self a favor and purchase insurance coverage. Regardless of the shortage of a large insurance coverage tradition in Mexico, an sickness, a home fireplace, a theft of your stock can imply the life or dying of your enterprise and a household embezzlement.

You’re going to discover a path during which you’ll uncover new aspects of your self. You’ll change the way in which you see your bosses, your collaborators, your funds and your nation. Congratulations, entrepreneur, as a result of whether or not your challenge is a film, a online game, a brand new methodology of rising avocados or a college, you’ll begin a path filled with surprises and presents. It’s as much as you to make it simple for you as a result of it’s also crucial resolution of your life.

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