FRANKLIN, TN / ACCESSWIRE / January 13, 2023 / Matt Oddo is a successful entrepreneur and the founder of Aegis Environmental - an industry leading contracting firm based out of Franklin, Tennessee. With over twenty five years of experience helping businesses improve their environmental impact, Matt provides some insight into entrepreneurship. In a recent online article, he states that entrepreneurs often face unique challenges when it comes to the business landscape, more specifically, funding. While there are various ways to obtain the necessary financial resources, many investors require a proven track record for success.
"One way to overcome this challenge is to create a detailed business plan that outlines your proposed expenses and how you plan to generate revenue. This can help convince potential investors that your business is worth investing in. Additionally, it is essential to research the different types of funding available and to network with other entrepreneurs who have successfully secured funding in their businesses."
In addition to acquiring sufficient funding, Matt states that another major challenge facing entrepreneurs is hiring and retaining high-quality talent. Start-ups typically lack the resources of larger more experienced organizations so they often need to be more creative in their recruiting efforts. Likewise, many newer companies are unable to offer competitive salaries or benefits.
"One way to combat this challenge is to focus on your company culture and ensure that it is attractive to potential employees. Additionally, it is essential to offer competitive salaries and benefits, even if they are not as generous as those provided by larger companies. Finally, it is necessary to invest in training and development so that your employees have the opportunity to grow and develop their skills."
Despite the many hurdles that lay ahead when it comes to establishing a business, it's important to not lose sight of your long-term goals. Matt encourages hopeful entrepreneurs to perform extensive research and to take advantage of any opportunities that may come their way."
About Matthew Oddo
Matt Oddo is the founder and President of Aegis Environmental - a company focused on providing a wide range of environmental and geological contracting services for commercial, industrial, and residential communities. With a business degree from Iowa State University, Matt Oddo spent six years working for the Department of Agriculture. His years of education and field experience have provided him with the necessary tools and resources to help clients minimize and monitor their environmental impact.
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SOURCE: Matt Oddo