6 Entrepreneur Moves We Can All Make In 2021
Anyone can be an entrepreneur. Whether you believe that or not, it’s true. That doesn’t mean you have to be one, but you’re more than welcome to use the following playbook of entrepreneur moves we’ve seen throughout history.
They might just help you get from point A to point B someday without getting stuck at point broke! Try some of these in 2021 and see where they take you.
1. Make Something Out of Nothing
This one’s canon for most entrepreneurs. The best examples are in the software industry, where people have built entire empires of wealth by creating something that still can’t even be held in your hand. Digital companies will continue to be sprouting up in the future, there’s no doubt about that.
An easy way to get into starting your own digital company is with blogging. Anyone with a sixth or seventh-grade education and above can write blog articles.
It’s pretty easy to start one with Rocket.net and the most popular (and free) blogging system on the internet, WordPress. Check out Rocket.net here to start building your future cash cow. You don’t even need a nice computer!
2. Raise Some Capital
Another major entrepreneur move is raising capital. If you decide to do something that needs money up-front, you will want to consider raising a little green.
In case you find yourself short on funds, a personal loan might help. There are pretty competitive rates and terms out there today, too. You can check your rate with SoFi in under two minutes with no commitment.
A personal loan can also help with replacing high-interest debt that you want to unload quickly. If it’s credit card or other debt, a SoFi personal loan might be your answer.
It should be a lot less stressful than taking out a second mortgage on your house! That’s one old-school entrepreneur move we can try to avoid.
3. Fill Extra Time With Extra Money
A lot of us heard that “time is money and money is time” back in high school economics class. Well, it’s kind of true. If you decide to kick back and relax a bit, that could be time spent working and earning more.
Don’t get us wrong, you definitely need some downtime. If do decide to take it easy, at least keep a notebook nearby in case the idea machine between your shoulders pops out a good one. Sometimes the biggest and the best ideas come to us when we least expect them!
4. Pay Down Your Debts
Many entrepreneurs go into debt at some point. Whether that’s raising funds to finance the expansion of their business or just having the average credit card, mortgage, and student loan debt that most of us have – most have some.
It’s important that you pay it down eventually. You can also look at ways of reducing the amount, like refinancing your student loans for a lower interest rate. Earnest offers really solid rates for that, and you can check them in 2 minutes or less on their website here.
5. Read Some Timeless Business Books
There are a handful of books that entrepreneurs credit their success to. Some of the big hitters are How to Win Friends and Influence People, Tools of Titans, Working Without A Net, and Think & Grow Rich.
Reading might actually rewire your brain, according to science. Books aren’t even electricians! …drums please. But seriously, if you make any of these entrepreneur moves at all, beginning to read might be the best.
Pick one of those up today and start thinking a better way!
6. Make Something Out of Something
Yea, yea, we know it’s cheesy to jump off the back of the first one like that. But, a lot of entrepreneurs have built empires by inventing physical products and bringing them to market.
Today, you can use software like Fusion 360 for free as a hobbyist to invent a bazillion different physical products. Until the product you create makes money, you qualify as a hobbyist user.
Once it makes more than $1000 annually, you can still apply for their startup license as long as you’re under $100,000 in revenue each year. Just remember, you can use this to invent stuff for your own startup, not anyone else’s. Consulting businesses are off-limits.
Tying It All Together
These entrepreneur moves might just put you in a position to do more in 2021. Choose wisely and make sure each one is a fit for your goals and your plans in life. Make a five-year plan, do what you can, and see what happens!
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