Everyone has a dream about the kind of work they want to do in life. For some, this leads to seeking a particular type of employment. For others, it means stepping out and starting a business. If your dreams lean toward the latter, here’s some very good news: It’s never too late to start the journey toward creating your dream business. You just need a map to help you get there. In a rudimentary fashion, that’s what this blog post is meant to be. So, continue reading to get started:
Come Up With a Business Idea and a Business Plan
If you already know what your passion is, this step is simple. You find out what is missing in the field and you find a way to provide it. If it’s a hobby that you love, you might talk to other hobbyists to see what their needs are. If your goal is just to get free from corporate chains, there are plenty of opportunities available for you.
You also need to create a road-map for how you plan to achieve your goals. It can begin with starting small. Like taking on one or two happy clients and relying on word of mouth, or it can involve seeking investors for a huge capital venture. Whatever you want to do, make sure you put it together in a well-researched business plan that you can refer to along the way to make sure you’re still headed in the right direction. Read more at Opportunity Desk…
Great businesses start with great plans. Before making a plan, however, be sure you know what your passion is. Business can be volatile, and at times the only thing that will keep you going is your passion and love for you’re doing.
Once you determine what you’re passionate about doing, you can create a business plan. There are plenty of online resources to help you with this. One key piece of advice you’ll get from many of them is this:
Stay Employed Until Your Business Picks Up
I know that some people disagree with this point. Some people will say focus on your project full time. That’s not realistic. You most likely have bills. Keep it real. Get your expenses down as low as possible, figure out your monthly burn, get a part-time job anywhere that helps alleviate the financial pressures and start designing your new life. Read more at Entrepreneur…
When people tell you to quit your job to start your dream business, they aren’t completely wrong. Entrepreneurship takes time and sacrifice. However, it’s usually not the best idea to just quit a steady job and venture into a business whose returns you’re unsure of. It’s one thing if you’re single and staying with your parents. However, if you’ve just discovered your passion at 40 and you already have a family to support, keep your job while you do your research. Pull all-nighters when necessary to get things done on the business side. Scale down by getting something part-time to pay your bills while your business grows.
Another important message for anyone thinking of starting a business is do something now to get you going. Don’t wait until the time is perfect to begin. It won’t ever be. The fact is, you create your opportunity by creating your business so get moving. Here’s a unique take on waiting until things are ideal:
You’re Not a Perfectionist, You’re Procrastinating
Every time I hear someone claim that their inaction or lack of progress is due to “being a perfectionist” I want to explode.
Just so I never have to be exposed to that kind of nonsense ever again. I’ve written a great deal about this myth that people tell themselves, but I’ll give you the cliff notes.
You’re procrastinating. Perfectionism as you define it is your subconscious buying time, so that you don’t have to deal with potential criticisms or failure.
Your inner self is protecting your fragile ego. It even came up with a convenient excuse to tell others. Read more at Medium…
Starting a business isn’t easy, and chances are not everything will go the way you expect. But, that doesn’t mean you stop trying. You have to just keep going until you see results. If you’re ready to take the first step, get the legal side of your new business settled. Meek Law Firm South is ready to provide you with the expert legal advice and services you need to get your startup off the ground. Call us today at (980) 729-5662 for more information. We look forward to speaking with you about your vision.