Launching a Startup – When You Should vs When You Shouldn’t. Starting a company and making the decision to move from being an employee to being an entrepreneur is one of those ideas that is often painted in an unrealistically rosy picture. Sure, if you’re successful at it, there’s nothing a lot better than being your own boss, doing something you love, and making a comfortable living doing it. But what does getting there actually entail?
This really is one in a series of posts targeted at helping “would-be” entrepreneurs get free from the gate and on the road towards establishing a running business of their very own.
Why take the risk of launching your Business Address Considerations? There are many great reasons for launching your very own start-up. These include:
* The opportunity to be in control and carry out the things you want to do: you can succeed or fail all on your own
* Lacking anyone tell you how to proceed: you happen to be your own boss
* The chance to create something totally new: the cabability to bring something totally new into existence with no constraints often faced by larger companies
* The chance to impact the entire world: to develop a whole new method to communicate, a whole new way to reduce costs, a brand new approach to collaborate, or anything else to help make the world a better place
* Money: when things go right, there may be a lot of money in successful start-ups
* These are among the more fundamental factors behind starting a start-up.
* The downside to launching your personal business
You will find nearly as many, or more, reasons to not start a start-up.
* They could be emotionally draining: from exuberant highs to depressing lows, start-ups can constantly place you with an emotional rollercoaster
* Nothing happens until you ensure it is happen: in established companies, everything happens according to a fixed list of operational procedures, but in a start-up, you should do virtually everything yourself
* You happen to be constantly told “NO”: until you come from a sales background, you may be not used to being told “NO” on a regular basis, and it also isn’t very fun
* Hiring is very difficult: you are constantly up against casual shoppers, people that aren’t as serious or enthusiastic about your idea since you are, and you end up being taken to get a ride before being told “NO”
* The amount of time could be grueling: despite books, articles and workshops promoting the perfect work/life balance, being a start-up entrepreneur, it isn’t likely you will have a good deal of life outside running your company, at least initially
Still ready to take the plunge?
OK, and so i haven’t talked you from your conviction that starting your personal company is what you wish to do. Alright, fair enough. It appears you are convinced that it’s the ideal solution. If you believe you’re ready, great! There is no time just like the present, and opportunities abound for people who unwaveringly want to see things through. If you want to get the business operational, here are some things you to aid get you started:
* What is your small business idea?
* What is going to you name your company, service or product?
* How can you go about constructing a team?
* How will you build a company using a thriving work culture?
* How can you market yourself?
* How does your team communicate, and how would you establish your online presence?
* How can you try out your idea and collect valuable customer feedback?
* How could you raise funds, or like-minded business collaborators?
Over the following number of upcoming posts, we’ll go through the above points consequently to provide you with a better grasp of what you need to do, and ways to do it, in order to successfully get your own business off the floor and go sqiuro being an employee to being a business owner.