We spoke to more than twenty political firm founders from both sides of the aisle — owners who operate both small firms and large. An almost universal piece of advice they had for aspiring entrepreneurs: Launching your own business means embracing the unknown and accepting that there will be much to learn on the admin side.
The decision to launch your own shop is always a leap of faith, no matter how many years of experience you may have under your belt. And while being a savvy political strategist is a solid foundation upon which to build a business, it doesn’t mean much if you don’t properly stand up the actual business side of your firm. That’s everything from getting the right legal and tax advice to having a solid early strategy for business development.
Our goal in this report was to break down some of the most important pre- and post-launch steps for entrepreneurs who are preparing to strike out on their own and for business owners looking to take their shops to the next level.