Grow your network

The bigger your professional network, the better. Every person you encounter has the potential to be an advisor, a customer, or a business partner. In the beginning, it can really help you save money by turning your time and skills into currency. In the early days, Baxter Snider, for example, swapped one of her items, a baby carrier, for free product photography.

Talking to others who have started similar businesses is the simplest approach to precisely anticipating how much money you'll need to invest in your business. One simple tip for forming bonds with like-minded entrepreneurs and small business consultants is: Take control of your personal Facebook, Instagram, and LinkedIn profiles to inform your network about your new business venture, any assistance you may need, and what you're providing in exchange. Join relevant Facebook and LinkedIn communities for your business or industry, as well as more general small business organizations.