So You Want to Be an Entrepreneur? - Nicole Rankine

Dr. Nicole Rankine - “Adulting in My Purpose”

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INTRODUCTION

Show Objectives -  Entrepreneurship is on the rise and Millennials now leading the pack. A 2020 study by GoDaddy showed that nearly one in three millennials (30 percent) reported having a small business or a side hustle, with almost one in five (19 percent) saying it’s their main source of income. 

Even with this huge number of Millennials becoming entrepreneurs to make a mark on the world through having their own business, there are many more millennials who desire to start their own business but are not sure how nor have the insight into what it takes to be successful long term.

Adulting In My Purpose will help young leaders who aspire to become business owners prepare to take their first steps into entrepreneurship. In this show, I will share my journey and how I got my start on this journey of entrepreneurship. 

Key Issues - Owner Perspective:

• What challenges was I having?
• What caused the shift in mindset?
• How did personal growth play a role?
• Who helped me in the journey?
• What did I do to prepare for my transition? 
• What was needed before starting a business? 

What You Need to Know - The What
There are no limits on who can become a great entrepreneur. You don't necessarily need a college degree, a bunch of money in the bank or even business experience to start something that could become the next major success. However, you do need a strong plan and the drive to see it through.  

What You Need to Do - The How
Questions to Ask Yourself 

• Why do I want to start a business? 
• Do I believe this business is sustainable? 
• What customer problem am I solving that potential customers are willing to pay for?
• What education, skill, or experience do I have in this industry? 
• How will I finance my startup costs?
• Am I willing to devote the time & make the sacrifices for personal as well as business development? 

Shows 
Next: Episode 2 -  It All Starts With Belief! How to develop the right mindset to be an entrepreneur. Even if you have self-doubts along the way, you still have to have an inner belief within yourself of what you see possible for yourself.    

Resources:
Dr. Nicole Rankine, affectionately known as Dr. Nic, is one of the most engaging certified Personal Growth Coaches around. She is a consultant with the John Maxwell Team and the CEO of the COLE Academy of Personal Growth, a training, and development company that uses a systematic personal growth program to help young leaders discover who they are, clarify their vision, and develop a plan to achieve their goals.

Dr. Rankine travels both nationally and internationally devoting her life to equipping, inspiring, and empowering leaders and youth worldwide In the areas of leadership development, personal growth, and communication.  Before transitioning to entrepreneurship, Dr. Rankine spent 20 years working in the scientific research industry.  Dr. Rankine now travels both nationally and internationally devoting her life to equipping, inspiring, and empowering leaders and youth worldwide. She serves as an Adjunct Professor, Entrepreneur, Empowerment Speaker, Teacher,  and Coach. She also is the author of the Adulting in My Purpose Journal. 

Adulting In My Purpose The Journal 
https://www.amazon.com/Adulting-My-Purpose-Personal-Millennials/dp/1790393078

Website: www.drnicolerankine.com
Email: nicole@drnicolerankine.com
FB/Twitter/IG: @drnicoelrankine