Be Flexible Be Creative - Start Your Own Business

There are things that every business needs to do to get off the ground.

Don’t Be Afraid – Start Your Own Business   Watch Our Video

Start with an inventory of your person and situation

  • Why do you want to start a business? Is it money, freedom and flexibility, to solve a problem, or some other reason?
  • What are your skills?
  • What industries do you know about?
  • Do you want to provide a service or a product?
  • What do you like to do?
  • How much capital do you have to risk?
  • Will it be a full-time or a part-time venture?
Your answers to these types of questions will help you narrow your focus.
You need to plan, set goals, and above all, know yourself. What are your strengths? What are your weaknesses? How will these affect day-to-day operations? You could conduct a SWOT analysis on yourself to figure this out.
As you get started, your business will likely dominate your life so make sure that what you’re doing is stimulating and challenging, but not completely outside of your expertise. You’re going to be in it for the long-haul. Use what you learn from the SWOT analysis to think through what you want your life to be like, not just what you want from your business.
Most Important – Make Business-Plan   See What Wikipedia Has To Say

Some good questions to ask yourself include:

  • What would you do if money wasn’t an issue?
  • Is money really important? Or rather, is making a lot of it really important? If it is, you’re probably going to be cutting out a number of options.
  • What really matters to you?
  • Do you have the support of your family, especially your immediate family? They may have to make sacrifices at the beginning, so it’s important to have them behind you.
  • Who do you admire in business? Maybe there’s even someone in the industry you’d like to go into. Why do you admire them? What are their likable traits? What can you learn from them?
Answering these questions (and many more) about yourself and your abilities isn’t necessarily going to ensure you’re successful, but it will get you thinking about your goals and about what motivates and inspires you.
Use this time to make sure that you are matching the business you want to start to your personal aspirations.

Have you ever thought about a business?

Oliver & Kim

#familyinmotion

A good time for the whole family.

LEAVE A REPLY

Please enter your comment!
Please enter your name here