Martha Stewart: 4 Key Steps to Succeed as an Entrepreneur

Last week at the National Association of Professional Women’s National Networking Conference, Martha Stewart was interviewed about her path to entrepreneurship.  She offered these 4 key steps for success as an entrepreneur:

Never stop learning.  Stewart says she plans to work until she’s “150”, and says “retirement” is not a word in her vocabulary.  Her career has had plenty of second acts, and she advises entrepreneurs of any age to keep learning, saying, “There’s always something else you can do.”

Find inspiration everywhere.  Stewart looks for inspiration everywhere she goes, from the flower arrangement on her set that inspired a new design for bedding to scouting craft shows for artists to feature in her magazine.  Look around you; ideas for new products or services are everywhere.

Work-life balance.  Stewart says that there is no line dividing her work and her life: “My life is my job, and my job is my life.”  While this has made her incredibly successful as a personal brand, it won’t necessarily work for everyone.  You need to define what work-life balance means to you.

Persevere.  Keeping a positive outlook has helped Stewart through some very trying times, including a five-month stint in prison for insider trading.  However, she says she has never hit bottom, just “bumps in the road.”  When times are tough, she seeks opportunities for inspiration in favorite activities like gardening.

To learn about entrepreneurship through franchising, attend our free monthly webinar, Franchise Ownership as a More Stable Career Path.  The webinar is free, but you need to pre-register, which you can do online by clicking on the linked seminar title.

You may also register by calling 866-246-2884.