You want to start a business
So you have been thinking that it would be great to have your own business, to work for yourself instead of “working for the boss” in a 9-5 job. What’s the next step you ask?
Think of an idea, or a business name, or what you are going to do with all the money you make?
It sounds silly to some, but we hear this kind of mentality all too often and the first piece of advice we offer to people in this position is to take a step back and think on the true reason as to why they want to have their own business and whether their current life situation is suited to the entrepreneur life.
If you are wanting to start a business because life will be so much easier when you have employees doing the work for you while you rake in the profits, or you want less stress than your current high-pressure workplace, then think carefully because reality is that most new small business owners work 12+ hour days (every day), struggle to take any form of holiday, and often lay awake a night thinking where the next lot of bills are going to be paid from.
Now the above is generalising, I know, but for the majority of people, this is fact. Small business ownership will (and I mean WILL) impact your personal time, your social life, your relationship with your partner, your family time, your financial status and more. But if you can make it past the major hurdles wherever they are on your road ahead, then things will improve and the pot of gold will be waiting for you.
So in short having the modern day buzzword “entrepreneur” in your Facebook profile is exciting and creating your own success through building a business is one of the most rewarding things you can do, but before you quit your stable job to embark on the journey of a lifetime first stop and think about why your doing this and whether you are prepared to embrace all the challenges ahead.
Author: Brent Murray – Enspya