Launching your own business can be tough. When you’re the person responsible for every detail, working all hours of the day and night, it’s easy to feel isolated. However, building a strong support network is an important step in getting your new business off the ground and securing a firm foundation for the future. The experts at LexLaunch.Com have been where you are today, and have a few tips for creating the system of support every new business owner needs.

  • Find a mentor. Be on the lookout for someone whom has qualities you would like to possess or has overcome challenges that you are facing. A mentor can be an invaluable asset when it comes to discussing new ideas or overcoming roadblocks. Don’t limit yourself to professionals in your exact line of work, but look for bigger-picture coaching and advising potential. Not only can your mentor serve as an advisor, but he or she can also introduce you to their network and resources. Mentors can be found through alumni organizations, business networking groups, or through mutual friends.
  • Create an advisory board. Even if you’re just starting out, seeking the wisdom of others can give you a broader perspective before making big decisions. Advisory boards are helpful when planning next steps, determining finances and making decisions about hiring employees. Advisory boards also provide a level of accountability from the founder, keeping you on track to reach your goals. You can either reimburse members of your advisory board for their time, or ask them to serve as volunteers.
  • Check out an incubator or accelerator. In the past few years, start-up incubators and accelerators have been popping up all over the country, giving new small businesses the opportunity to be part of a larger group for training, consulting and promotion. A quick Google search can guide you to opportunities available in your area.
  • Involve your friends and family members in your journey–with a few exceptions. If you have trusted close friends and family members who are excited and show interest in your new adventure, involve them in celebrating the successes and working through the challenges of your company. However, it’s best not to waste your time and energy convincing naysayers that what you’re doing is going to be successful. While these pessimistic confidants might tell you they’re “looking out for your best interests,” they can also stall or derail your journey to success. Surround yourself with friends and family who care about helping you build your new business, not tear it apart.

When you’re starting a new business, it’s important to surround yourself with knowledge and experience from personal and professional sources. If you are looking for reliable, affordable legal setup from attorneys with extensive small-business experience, call the attorneys at at (816) 434-6610 or click here for more information to learn more about how to decrease risk and protect your small business.