Shark Tank insights and side hustles secrets: 7 tips from Bala’s co-founder

Are you dreaming of starting your own business or looking to grow your side hustle? Look no further for inspiration and practical tips than Natalie Holloway, co-founder of Bala. In this exclusive interview with Practiwise, Natalie shares her insights on entrepreneurship, work-life balance, and more.

Tip 1: Follow your passion

One of the key pieces of advice Natalie shares is the importance of following your passion. "When you're truly passionate about what you do, it doesn't feel like work," she says. Whether you're starting a new business or growing your side hustle, make sure it aligns with your passions and values.

Tip 2: Embrace failure

Embracing failure is crucial to success in entrepreneurship. Natalie emphasizes that every failure is an opportunity to learn and grow. "Failure is not the end; it's just a stepping stone on the path to success," she explains.

Tip 3: Prioritize work-life balance

As a busy entrepreneur, it's easy to get caught up in work and neglect your personal life. Natalie advises entrepreneurs to prioritize work-life balance to avoid burnout and maintain overall well-being. "Take time for yourself, family, and friends," she suggests.

Tip 4: Network and collaborate

Networking and collaborating with others in your industry can open doors to new opportunities and partnerships. Natalie stresses the importance of building connections and fostering meaningful relationships to help your business thrive.

Tip 5: Stay adaptable

In the ever-changing world of entrepreneurship, staying adaptable is key to success. Natalie encourages entrepreneurs to be flexible and open to new ideas, strategies, and technologies. "Embrace change and pivot when necessary," she advises.

Tip 6: Invest in continuous learning

Continuous learning is essential for personal and professional growth. Natalie recommends investing in courses, workshops, and mentorship programs to expand your skills and knowledge. "Never stop learning and evolving," she adds.

Tip 7: Believe in yourself

Lastly, Natalie emphasizes the importance of self-belief in achieving your entrepreneurial goals. "Believe in yourself and your vision, even when others doubt you," she says. Confidence and self-assurance are key to overcoming challenges and achieving success.

For more insights on entrepreneurship, work-life balance, and career development, visit Practiwise today. Get expert tips and resources for interview preparation, job interview success, and more.