If you've been following the #wyostrong stories, you've had the pleasure to witness the men and women in our communities who have taken a scary, tragic time in their life and turned it into something good. Whether that be through remaining positive and open minded or through a personal revival of an old passion and turning it into a business. If you've been reflecting on your own life and considering starting your own business or maybe you're in the process, here's some advice from Pinnacle Bank Wyoming
to help you lay the groundwork:
*The Right Stuff*If you’re not sure you have the right qualifications to
become an entrepreneur, conduct a systematic self-assessment. The U.S.
Small Business Administration provides a
regarding business readiness, as do various universities and professional
*Play to your strengths *Learning to play to strengths and to offset
weaknesses helps cultivate the positive attitude and leadership skills
intrinsic to success.
*Forge a Positive Attitude*Successful business owners are optimists able to
weather the rough spots without losing heart. This is no easy task,
especially with the planning, funding and other innumerable elements
involved in starting a company. To stay positive and forward thinking, use
these motivational tips:
- Set goals – short and long term. Make sure they are attainable.
- Develop a manageable plan of action.
- Do it now. Procrastination can kill motivation and thwart success.
- Accept challenges. Obstacles to success are a fact of life, so expect
and prepare for challenges.
- Enjoy what you do. Make work fun. Being too uptight can dampen
enthusiasm and imagination.
- Staff your company with positive people. Your employees should share
your passion, so clearly define your vision for those you look to hire. Ask
questions that draw out the interviewee’s motivations, attitude and ethics.
*A Word about Leadership*The most successful business owners not only take
concrete steps to ensure a strong business foundation, they also strive to
cultivate their own leadership skills. In fact, dynamic entrepreneurs share
common traits and characteristics that ignite their visions and engage
For more detailed information and resources, click here
One of Pinnacle Bank’s main goals is to help
ensure their customers’ financial health, and they know there are times
when financial challenges arise. If you would like to come speak to someone
about your personal finances or lending for your new business, please
contact your local Pinnacle Bank branch, listed below.
Gillette Branch at 815 Madison St, right off the Douglas Highway
Thermopolis Branch at 125 S 5th St.
*Feature: h/t Pinnacle Bank - Why Community Matters
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