start-your-own-business

In a job market that is getting ever more competitive have you ever thought about starting your own business? Some days it may seem easier then trying to find a new job, however not everyone has what it takes to be an entrepreneur.

Are you  a natural born leader?  Are you a self-starter?  If you answered yes to both of these questions then you are one step closer to starting a business.  In order to have a successful business you must posses leadership skills and be able to accomplish things without having to be told.  These skills will also be handy when you have employees.  Did you answer no to these questions?  There is no need to worry, starting a business is still an option.  The first two questions were just a starting point.

Have you worked in the same field that your dream business would from? Do you have plenty of money saved away? If you answered no to one or more of these questions then you are not ready to follow your business dreams.  Starting your business takes both money and the actual know how.  A lumber jack can’t decide to start a floral business because they know nothing about flowers. On the flip side if there is little or no start up cost then it will just cause a massive headache and a great amount of stress.  Let’s take a look at the flip side.   If you answered yes to these questions then you can move on to the next step.

Are you willing to spend lots of time on your growing business?  Are you willing to use most of the money you have saved on your business?  New business take lots of time.  In this case you need to be willing to spend money to make money. New businesses are like new babies. They require time and care to make sure that every goes right.  If you are not willing to do this then you are not ready to start a business.  Do you have a viable business plan?  This is a step by step guide to starting your business.  It shows others the amount of thought you have put into your business.  This also helps you stay on the right track so that you can accomplish all the wonderful things you have dreamed about.   If you do not have a business plan then you should put on the breaks and start the business plan.

Are your willing to lower your standard of living so that your business can get off the ground?  Does your business fill a need in a specific market?  If  you said yes to these questions you are one step closer.  Sacrificing the way you live is a natural consequence of using the money in your savings to get your business off the ground.  This is all part of the journey.  There is also the second question we need to address.  If there is no need for your business you will have spent all that time and money just to have your business fail.  Nobody wants that.

If all of this seems like too much for you, don’t worry about it.  There are plenty of other options where you can be your own boss without all the stress and worry of starting your own company.  There are other companies that allow you to be your own boss, so you could always join Scentsy for an example.