Although I had plenty of people tell me that starting a business in the middle of the Covid-19 Pandemic a week after graduating college wasn’t the best idea, there was really no better time to do it. I always knew I would start a business for myself. From a very young age, I was coming up with business ideas, app ideas, of things I was interested in. I knew that I wanted to lead my own team and grow a business on my own terms. I am the type of person that will either give 0% or 100% to things in my life and a career is something you spend most of your time doing and if I was going to be putting 100% into it, then I wanted to be the one making the decisions. I understand not everyone is as imaginative as I was growing up, and even if you have only been thinking of starting one in the past few months with the extra time you have working from home, this is still just as good of a sign as any.
Here are some reasons why you should start your own business:
Take the week off, work 10 am-2 pm, work nights, work days, the possibilities are endless, just remember, you usually get out what you put in!
Pursue Your Passion
Following your interests or even combining a few of your different interests is something that only business owners really get to experience.
Build Your Own Team
You get to be leading interviews and working with a team that is excited to be where they are working for you. Hire as many or as little as you want.
Call The Shots
When you have your own business, you can make all of the rules and strategy yourself. There is no one controlling what you do on a daily basis.
Build A Business From Scratch
There is nothing quite like sharing your success and building something from the ground up.
Whether you are a product or service-based company, one of the best parts of your jobs will be solving a problem that people have and watching it have success!
Make More Money
Earning more money can happen by working harder, not by waiting for a promotion or a raise! There is no limit!
Work From Anywhere
This is one of the best benefits of a business. There is no commuting and nothing holding you back from traveling when you want!
Challenging your mind and your potential is something that happens almost daily when you have your own business.
Learning To Embrace Failure
Owning your own business means making failure your friend. You must let it guide you and use it as experience.
Here are a few things that you may feel are holding you back:
“The market I’m interested in is oversaturated”
There may be a lot of people selling a similar product, but often times it isn’t what you sell to people, it is the story and inspiration behind it. This is often a topic of conversation with the businesses I work with. I am always working with them on “What sets you apart, what makes you different” - That is the first step to success. One answer to this is to the younger audience: Yes, there may be plenty of people in the market, but how many people your age are doing this? You appeal to a completely different audience. That’s how you have to view any industry you are interested in: what uniqueness are you going to bring to the table? - If you can't answer this, then keep brainstorming.
“I don’t have the money to start a business”
There are many ways to start a business without breaking your bank account. Don’t let that scare you away. But, the saying is true, you have to spend money to make money and the fear of failure and spending money is what separates those that wanted to start versus those that did.
“Do I really have the time?”
The extra time you are saving by working from home or attending online school is the perfect amount of time to be able to commit to building your new business on the side. Too many people are afraid of making the jump but it doesn’t have to be a jump, you just need a step.
Owning a business isn’t easy, there are very long hours, a lot of responsibility working with clients or creating products, and it’s always on your mind. But that is also the benefit. The more you put in, the more you will get out and there is endless possibility for growth and opportunity.
The hardest step is making the first step!
Need help figuring out where to start? Reach out, our team would love to assist you.