Whether you’re fresh out of college or someone heading towards retirement with a passion for entrepreneurship, Bobby Borisov can help anyone achieve their dreams.
For those of us hungry to build a company and leave behind a legacy, successful entrepreneurship is the ultimate goal.
Borisov himself was someone just like this; he was a boy with a knack for business, and his first investment was building a grocery store in his dad’s garage, which he managed to grow with great success. After acquiring his first taste of triumph, Borisov moved on to opening up larger businesses.
Soon, Bobby Borisov found himself lured by the USA, by the promise of living the American dream. And as always, Borisov was no quitter, and he didn’t stop working as hard as he could until he reached the stars and became highly successful in the real estate business and soon owned many e-commerce businesses.
If anything, his story proves that everyone can become an entrepreneur if they work hard enough, and this is a fact that Bobby Borisov believes.
The startup environment for entrepreneurs is extremely promising as the failure rate is the lowest it’s been in forever, with only about 20% of businesses shutting down after one year. Not only this, but more and more people are choosing this career path because it offers a better opportunity to balance your work life and home life. The average income for entrepreneurs in the United States is about $74,224 a year. With all the other benefits of starting your own business, the more significant income compels many people to become entrepreneurs. And don’t think it’s too late to begin this path; After all, 46% of small enterprise entrepreneurs are in between the ages of 40 and 56.

Here is some advice that will help you begin your journey to becoming an entrepreneur. Education is one of the keys to success in any business. Whether it’s a university degree or a variety of work experience, you need to have some knowledge regarding your business under your belt. It’s an excellent idea to learn the basics of business and build up your vocabulary; this will help solidify your foundation as an entrepreneur.
Break down your business idea and create a business plan that lines out every part of your company. Instead of making large overarching goals, create smaller and easily attainable ones. This will motivate you and profit your business in the long run.
It’s essential to do your research, put time into examining both your company idea and the market. It helps you figure out your strengths and weaknesses.
Lastly, don’t be afraid to take calculated risks. Taking risks is in the job description of running a successful business. Learn to identify which risks will serve your company well and which won’t.
And don’t forget, in the end, the road will be long and hard but persevere and continue to work hard, and you will surely reach your goal. As Bobby Borisov once said, quoting Alexander the Great, ‘There is nothing impossible to him who will try.’