Category Archives: texas a&m

Entrepreneurial lessons

IMG_20160206_092837There is one thing I never want to stop doing, and that is learning. The more you know, the better.

I haven’t written much about mine and my husband’s work towards being bar owners. And until its further along in the process, I’m not going to do so. But suffice to say, we’ve been working on this venture for over a year. And for awhile now, I’ve felt really bad that we aren’t further along than we are. But that all changed this weekend.

This weekend, I attended Aggie Entrepreneurship Saturday in Houston, Texas. It was an opportunity to learn from other Entrepreneurs things I need to know as I start my business. My parents came with me to learn what they can do to improve theirs.

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You know what my biggest take-away was from the event? That its perfectly okay that we’ve taken this long, because we’ve been careful. We’re making sure our business plan is as complete as possible and that we truly know what we are doing. We want to have answers to questions before they are asked… or at the very least know how to get those answers.

For as much as I learned I am on the right track, I also learned so many things that I never thought about ahead of time. I learned marketing strategies, and legal issues. I learned I need to stop just taking people at their word, and I need to truly research them and their credentials.

I learned a lot about funding… mostly on how to look the best I can to investors and creditors. I learned the mistakes many business owners make (and I am a big fan of learned from mistakes — both mine and other’s.) I discovered how important your terminology and point of view can be. I learned about percentages of ownership and the importance of setting in stone ahead of time everyone’s jobs and expectations.

It’s easy to think, “Oh just go get some money and open a business.” But its SO much more than that. So much more. And ultimately,  I left rejuvenated in our endeavor. I left wiser and more confident.

I tweeted my favorite notes throughout the day… if you’d care to see those tweets, check them out HERE

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I absolutely can’t thank the people who made this day possible enough… The Association of Former Students, Startup Aggieland, TAMU Young Alumni, and Mays Business School. I hope to catch another one and keep learning!