There’s no way around it: Taking the leap of faith required to launch your own business is always scary and risky. It’s one thing to hash out your plan over wine with your friends, it’s a whole other one to convince your partner it’s worth quitting your job and putting your savings on the line for.
But if your big idea is related to wellness, now could be the ideal time to see it through. In 2016, the health and wellness industry was valued at $686 billion worldwide, and it’s expected to grow to reach $815 billion by 2021, according to Euromonitor International. This growth in the wellness market is part of what brought over 100 budding entrepreneurs to FounderMade’s Consumer Discover Show in New York City earlier this week.
Throughout the day, panel discussions were held featuring the founders and CEOs of notable brands including Health-Ade kombucha, C.O. Bigelow, CAP Beauty, Y7, Man Repeller, Equinox, FreshDirect, CVS Health, and Barry’s Bootcamp. Want the Cliffnotes version of the best advice of the convention? Rounded up here are the seven most useful tips that were revealed during the day.
To read the full article, please visit: http://wellandgood.com/good-advice/start-business-wellness-advice/
Although we often highlight the glamorous side of being an entrepreneur here on MyDomaine, there is an undeniable underside to attaining success as the founder of a company. Between developing a business plan, raising capital, and making personal sacrifices, the job is often more challenging (and alienating) than its alluring title lets on.