Entrepreneurship

4 Things To Consider Before Starting Your Entrepreneurial Journey

entrepreneurial journey
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When it comes to finding their professional purpose and happiness, many imagine achieving those goals through starting their own business. Some might be dissatisfied with their current workplace or find it difficult to believe in the relevance of their own contribution; others might have specific ideas about starting a business without knowing where to begin. In addition, chances are most of them will start by exploring the market and searching for funding instead of figuring out what kind of individual they are going to be in that business and how to look confident when sharing their ideas with investors or business partners.

Consider the following steps if you are thinking about starting a business.

4 Things To Consider Before Starting Your Entrepreneurial Journey

1. Accept that you can do what you believe you can.

The primary step of venturing onto entrepreneurship lies in knowing what and how you want to contribute based on your skills and values. In addition, knowing you can. In order to do that, you must be honest with yourself without being judgmental.

Do you know what exactly you would like your business to be?

Start off simply but straight to the point. What are you good at but also enjoy doing? You may simply enjoy doing something because you know you are proficient at it and that sense of accomplishment brings you joy. You might know you will be good at doing something because you enjoy it. What could that be? Whether or not the answer has anything to do with your current job, find it.

Forget about what others say you should do. Forget about the demands of the market unless it motivates you to tackle something you enjoy and are good at. When it comes to figuring out what kind of business you want to start, you must believe in yourself (and thinking about what you “should” be doing is the opposite of believing in yourself).

2. Imagine it confidently!

Considering the idea of something you like and already know you are good at is the easiest approach because you want to be able to imagine yourself running a business. Use visualization – imagine something you know you would be good at and you will immediately understand that running your own business is neither impossible nor impossibly frightening.

What do you excel at? Consider it, consider what you enjoy and all of it will lead you to a specific plan soon enough. Imagining that you are running a business you know you would be great at allows you to understand that running a successful business is possible.

Self-confidence is the key to success in any area of life and remembering what you excel at will remind you of how capable you are. Anyone can learn how to handle day-to-day business tasks and find an accountant to hire but few start from the belief they can actually build a successful business. Only those that believe in themselves succeed so that is where you’re advised to start. Those who believe make decisions leading to success.

When it comes to figuring out what you are good at, you may take suggestions from others but only you know what you would love to do. You can allow others to remind you of everything you excel at in order to gain a new insight. You may already be contributing to the lives of others in the ways you cannot imagine. In addition, you could evaluate your current or past job positions and the possibility of creating an independent business around something similar. Once again, remembering everything you have already accomplished or continue to excel at will give you the confidence you need to see yourself running your own business.

Whether you want to create a one person business or put together a team, your self-confidence is within you. Your business partners or employees cannot give you what you do not already possess. Self-confidence can only be generated by you. Others can inspire you, at best, but you must believe in yourself.

3. Gain business cost information.

This step makes the process feel real so don’t fear it but embrace it instead.

Clarity around your goal is the best guide to achieving that goal and in order to run a successful business, you must feel confident that you can do it. In this case, researching the market and the demands of running a business will come to you much easier if you work on your belief first – if you feel confident that you can do what it takes, no tasks or expenses will seem unmanageable. Your confidence has to exist within you before making any moves, in business or in life. This is where your entrepreneurial confidence starts.

When it comes to building a business, taking the time to inform yourself of the costs before starting makes your idea very real. You are not researching these aspects due to fear of failure or anything similar; you are researching to be as detailed about your plan as you can be because this part will also give you confidence.

Never be intimidated by the numbers because nothing is impossible to achieve. The element of novelty soon fades when it comes to researching costs and soon, nothing will seem impossible but only necessary to plan correctly.

4. Be ready to put in time.

This is why turning your passion and proficiency into a business matters. You must enjoy what you choose to venture on, as you will be spending time on it. This is also why no one but you can decide on what your business should be; you know what you love to do and you know what you can achieve. Be honest with yourself when it comes to your desired business venture, because you will spend a major part of your life on it.

In conclusion…

Finding your inner entrepreneur means finding confidence, just like many things in life. If you can see it, you can achieve it.

Photo credit: Pexels.com

2 Comments

2 Comments

  1. Shawn

    June 21, 2016 at 5:48 pm

    Thanks for the great advice Nina.
    I love #2 the most. Building a successful business requires absolute confidence and we need to be positive about the results. Whenever we think negative about our business, be it profit or daily operation, it will sabotage our progress and blocks us from moving forward.

    • Nina

      June 21, 2016 at 9:10 pm

      I agree entirely Shawn! And thank you 🙂

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