The decision to become an entrepreneur is a big one. And it's not one that should be taken lightly. There are a lot of things to consider before taking the plunge—like whether you have what it takes to be your own boss, if you're truly passionate about your business idea, and if you're prepared to face the many challenges that come with being an entrepreneur.
For some people, the thought of entrepreneurship is so daunting that they never take the first step. If you're feeling stuck and paralyzed by fear, know that you're not alone. But here's the thing: you can't let fear hold you back from chasing your dreams. So how do you get the courage to start your entrepreneurial journey today? Here are four tips to help you get started.
1. Do Your Research
Before taking the plunge into entrepreneurship, it's important to do your research and make sure that it's the right decision for you. Ask yourself questions like: Do I have what it takes to be my own boss? Am I truly passionate about my business idea? What are the potential risks and rewards associated with starting my own business? Answering these questions honestly will help you determine if entrepreneurship is the right path for you.
2. Find a Mentor
One of the best ways to gain the courage to start your entrepreneurial journey is to find someone who has already walked the path before you. Ideally someone who can mentor and guide you through the process that has experience in the field. This person can provide invaluable advice, offer support when times get tough, and help keep you accountable to your goals. If you don't have a mentor yet, try reaching out to your network of family and friends or joining an entrepreneur group in your community.
3. Build a Support System
In addition to finding a mentor, it's also important to build a supportive network of family and friends who will encourage and motivate you as you pursue your entrepreneurial dreams. This support system will cheer you on when things are going well and help pick you up when things get tough—because there will be times when things do get tough. It could be those you did your Yoga certification with or went to college with. So don't go at it alone—build a supportive network of people who will lift you up along the way.
4. Take Small Steps
If the thought of starting your own business from scratch seems overwhelming, start small by taking baby steps towards your goal. For example, if your goal is to eventually quit your day job and become a full-time entrepreneur, start by setting aside some time each week after work or on weekends to work on developing your business idea. Or if your goal is to launch an online store, start by creating a website or blog where you can sell products or services part-time. As you start making progress towards your goals, see how it feels—if it feels good, keep going! But if it starts to feel like too much, take a step back and reassess how much time and energy you want to devote to your business venture.
This is Season Four, Episode One. The one where you learn about what the Six-Figure Deception is, with real life examples, ripped from the world of online marketing. It's different than the Six-figure Illusion or the Six-Figure Distinction, which I've talked about before. This is about chasing (or falling for) vanity metrics. I also take you behind […]
This is bonus episode 6 where we begin our conversation about the Business Hierarchy of Needs and the lowest level of the hierarchy: Sales.
The Business Hierarchy of needs is a concept developed by Mike Michalowicz, author of the upcoming book, Fix This Next. I'm a certified Fix This Next advisor, licensed to share this information before the book launches.