Everybody is doing it! Starting their own business we mean! Every day, for any number of reasons, somebody decides to become their own boss and enters the world of self-employed. By reading this article, it’s quite possibly something you have thought about for yourself. You may already be well into the throngs of running your own business, and we wish you the best of success if so. On the other hand, there may be something putting you off from doing so. However…
If you are unemployed and looking to stay proactive while out of work, or…
If you have a great idea that nobody else seems to have thought about, or…
If you have been inspired by others who have started out on their own…
Beginning your own business may be for you. Yet, if you haven’t started out, it’s time to ask you this question:
What is stopping you?
These are the common reasons people give for NOT starting out on their own in business.
- I don’t know the first thing about running a business
- I am worried that I will look a fool when it all crashes down around my ears
- I don’t want to invest money into something that has a chance of failure
- I haven’t got the time to run a family and run a business
- People are telling me my ideas aren’t good enough
- I’m telling myself that I’m not good enough
- Businesses fail all the time and I don’t want to become another statistic
- My Netflix watchlist isn’t going to watch itself, so stop pestering me about running a business.
Did any of the reasons above resonate with you? If it was the last one, sorry for bothering you, and please enjoy your boxsets. If it was any of the other reasons, keep the following things in mind.
- Everybody has to start somewhere. You may not know the first thing about running a business, but how many people do when they first start out? Yes, you could take a course at your local college, or even a masters in business management if you really want to educate yourself. Yes, you could read any number of books on the subject. All are good ideas, but sometimes, you have to take the plunge and learn from experience as you go along.
- You might fail at business. In the same way as you could possibly fail at anything in life, from driving a car to cooking some eggs. The truth is this: you will never know until you try. Instead of letting fear overcome you, give self-employment a chance. You might even succeed, imagine that!
- Don’t invest all your life savings into running a business. Start small, and see how things progress. Begin by thinking up your business plan, writing down your ideas, and calculating how much money you need to start. Set up a website – you can begin one for free – and then promote yourself online. When profits start to come in, then you can invest more money in line with your rising income.
- If you think you have a good idea, then don’t worry about what other people think. Unless they have valid points to make, shirk off the haters and carry on with your plans. You will need to suss out the competition to ensure there is a sufficient gap in the market for your idea to succeed. You will need to consider the other demands on your time. However, if running a business is a possibility for you, push forwards, overcoming any obstacles in your way with determination and patience.
Running a business isn’t easy, but you can educate yourself, and there are people who can give you advice; other business owners for example. Weigh up those things that are holding you back against the advantages of running a business, and if you can overcome your fears about beginning something, take the bull by the proverbial horns and give it a go! You may never look back once you do.