If year after year, you read small business and entrepreneurship blogs like this one and think, “I’d love to start a business, but I just never could,” it’s time to get out of that negative thinking and start making it a reality! Sure, running a business takes a lot of hard work, but it’s nothing insurmountable. If you’ve got the interest to start a business, you’re already halfway there!
Pursue Your Passion
If you’ve wasted countless hours daydreaming at your desk at work about selling handcrafted baby clothes or working as an independent consultant or writing full time, you already have the passion that fuels entrepreneurship. Consider that we only get one life, and if you’re wasting yours in a job you hate, you’ll end up regretting it. Consider yourself at age 100: will you look back and say, “boy, I’m sure glad I had the stability of that awful job for so many years,” or will you say, “I really wish I’d pursued my passion and opened up that business I always fantasized about?”
Be Less Risk Averse
There’s no denying it: running a business is risky. You have to make enough money to pay for your business expenses, your staff, and of course, your own living expenses. Small businesses are often at the mercy of the economic environment, which as of late hasn’t been fabulous. But no matter what the risks are in starting a business, not starting a business is just as risky. You risk being unhappy for the rest of your life in a meaningless career, and you risk always wondering what “might have been.” Step out of your fears and into entrepreneurship.
Find Out What You Don’t Know
Another typical excuse when it comes to why you shouldn’t start a business is that you don’t know how to run one. That skill, among others, can be learned. It’s the drive and passion that you really need as an entrepreneur, and you’ve already got that covered. Enroll in business classes. Read business books, blogs and magazines. Talk to other business owners. Find out everything there is to know about starting and running a business. You might feel unsure of yourself at first, but you’ll pick it up quickly.
Make Your Fantasy a Reality
Try this exercise: sit down and write out what your ideal business would look like. What would you sell? Where would you run your business (in an office? store? online?)? What hours would you work? Who would you work with? What would you enjoy most about being a small business owner?
Now make a list of tasks you’d have to do to start your business. These might include:
- Find funding (you could borrow from a bank or family, take from your savings, find an investor)
- Come up with a name (the fun part!)
- Research suppliers
- Set up a website
- Hire help
Once you see the list, the idea that launching a business is impossible goes away, and it becomes much more tangible. If you’re serious, set up a plan to get out of your 9 to 5 and into business ownership. Trust me: you can do it!
Once you’re ready to start a business, CorpNet is here to help. We can help you choose the right business structure for your company, and get you on the path to entrepreneurship. Get a free quote today!