How often have you heard someone say they want to start their own business? They want to be their own boss. They don’t want to ever have to take crap off a company and management again. In today’s economic climate some people are forced to have thoughts of starting and running their own business. It may be the only way they begin to reinvent them and start anew.
Many who are employed are unsure about their jobs and financial future. Corporations are using this recession as a way to downsize their work force and people are scared. Many people begin to ponder the idea of owning their own business. They feel they’ve taken a chance on a job and the company has failed them so why not take a chance on themselves? Sounds logical right? Maybe.
The only problem with this thinking is that most people get advice on running a business from those who have never run one. Many talk to their family, friends and neighbors and those who are generally in the same financial state as them. Most don’t take advantage of the free services the SBA or SCORE offers to help you understand the basic requirements for running your own business.
Another problem is that many have not come to terms with the number of hours and energy it will take to run a successful business. Also, most businesses either fail or take five to eight years to become successful. This information is rarely talked about but should not be ignored.
Family, friends and neighbors only give the upside of the business ownership equation. No one tells you that once you’re in business for yourself, you’re generally until you become profitable in business by yourself. That message does not get communicated. It doesn’t matter if it is a storefront or online business. YOU are the business.
This does not have to be bad news it just has to be understood. If you can handle this and understand that running a business initially will probably be one of the hardest things you’ve ever done, you can be successful at it. It is one of the most rewarding feelings of accomplishments to know that you started something and made it a success.
Understand that running a business is not easy. Frustration and exhaustion will set in and you may even think about quitting. However, if you’re willing to roll up your sleeves and get busy you can be very successful at it. You see running a successful business is a four letter word. WORK!
I’m Val Taylor and I am on a mission to teach as many as I can reach the power of marketing YOU INC! I have a goal of connecting the online dots for those who want a successful business and need help with online marketing strategies.