Starting Your Own Business

Be your own boss. You call the shots. You keep all the money!

Sounds good in theory doesn’t it?

Be the man (or woman) that is at the top with nothing but an upside.

Well, the fact of the matter is that not everyone is cut out to be a boss (for themselves or others). So how do you know if you have what it takes to call the shots and start your own business?

First off, can you answer these questions?

Do you know what you want?

Before you fire off lofty answers to this question, don’t say “make extra money” or “financial freedom.” I get it, we all want that.  I want you to know what you want to do for business!

Are you selling something to businesses or consumers? Are you going to have to meet people in person or over the phone? Will you have a physical storefront or will it be an online home based business?

Too many people are starting a business without thinking “who” they are targeting and if they have any interest (or aptitude) to work with them in the first place.

Are you independent?

I know everyone thinks they are, but most people are not. Finding your way to the grocery store or figuring out the train system in NY, although impressive, does not count. I am not trying to scare anyone; it’s just that some people need too much structure or reassurance to make a move on their own.

To be your own, you need to be definitive and make the decisions – even if you have to adjust your plan later.

Can you stay focused?

The fact of the matter is that there are a lot of benefits of not being the boss. First off, someone is telling you what to do. Sure, that may have a downside, but left alone, oftentimes a host of distractions come into play – particularly if you work from home online.

If you are wanting to work from home because you can get laundry done at the same time or keep your favorite show on in the background, it’s probably best to stay under someone’s direction. Trust me, there are a lot of distractions when you work for yourself.

Do you need to have all your “ducks in a row?”

I see people like this every day. Good people. Smart people. Each of them with great small business ideas that will just never see the light of day.

You see, they need everything to be all set before they ever move forward. Websites, logos, letterhead, business cards, marketing materials, carpet, and desk chair – you name it. These people review materials over and over again – an endless tweaking to get it “ready” for the public. The sad part is that they never get this part done. The product or service never makes it to the marketplace.

The fact of the matter is that you will never be 100% ready. You have to get to 80%, launch, and adjust from that point forward. I am not talking about putting out shoddy merchandise; I am talking about those final tweaks that some people will never get past.

So, are you ready to Start Your Own Business?

For the most part, if you can get through those four questions you are well on your way to “being the boss” and working for yourself.

The next step will be to decide whether you want your business online or offline.

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