Many successful start-up founders launched their businesses as side projects (e.g. Airbnb). And the average start-up takes 1,000 days to start turning a profit. During this time, remaining flexible is key: while many entrepreneurs work from home to keep their costs down, physically relocating to an office each day is good for discipline – setting productivity flowing while removing distractions.
A co-working space is ideal in terms of scalability and infrastructure, but more importantly it provides the opportunity to network. Potential partners, investors or simply like-minded individuals to bounce ideas off are all essential for building your business.
You’re responsible for all admin – whether legal, financial or otherwise. Harnessing the knowledge of experts is one option. Another is the big wide world of tech.
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