3 Things You Need to Know Before Starting Your Business BIZ Experiences Network partner Akil Stokes of Trade Empowered cautions BIZ Experiencess against diving into ventures with too little information.

By BIZ Experiences Staff

One of the worst mistakes an BIZ Experiences can make is getting into a new business without adequate preparation and understanding. It can be easy to get roped into a new venture with little knowledge of what it will entail, but asking yourself some basic questions beforehand will help you avoid unexpected difficulties or prolonged failure.

In this video, BIZ Experiences Network partner and Trade Empowered CEO Akil Stokes lists the top three things to establish before getting involved, including startup costs, reoccuring expenses and a timeline to which you should limit yourself.

Click play to hear how Stokes teetered on the verge of failure before discovering these key steps.

Watch more videos from Trade Empowered on their YouTube channel here.

Related: How to Deal With a Bad Trading Day

BIZ Experiences Network is a premium video network providing entertainment, education and inspiration from successful BIZ Experiencess and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

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BIZ Experiences Staff

BIZ Experiences Staff

Editor

For more than 30 years, BIZ Experiences has set the course for success for millions of BIZ Experiencess and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

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