7 DEADLY MISCONCEPTIONS ABOUT STARTING A BUSINESS BUILDING A LIFESTYLE BUSINESS w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m
Contact us today! Myth #1 You DO NOT Need a Business Plan Business plan is essential, but what nature of a plan do you need? Example: financial plan business plan, etc. These help you visualise where your company is going over time. w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m
Contact us today! Myth #2: Stay Active, Don't Retire Learn how to do business before going for financing More focus should be on building the business as opposed to working inside the business Some things to consider:w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m
Contact us today! With proper delegation of some tasks and automation of critical but sensitive tasks, you can have some me-time. Evaluate your business critically and ask for help where possible. w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m Myth #3: You have to Choose between Work and Personal Life
Contact us today! You do not need financing. A great business idea that solves a problem will get clients as soon as you start your business. w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m Myth #4: You must have Financing
Contact us today! Perfectionists never start a business. There is nothing that has ever been done pefectly the first time. So, start with version zero and keep upgrading as you go along. w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m
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Myth #6: There is no room for
Contact us today! Start your business first and plan to employ staff after it has taken off. This varies from business to business. w w w . l u c y m u n g a . c o m | c o a c h @ l u y m u n g a . c o m | h t t p s : / / a m a r a c a m p u s . c o m Myth #5: You need to employ staff
