All your life, you may have imagined what it feels like being able to take charge of your own company. I mean, nobody ever dreams of being an employee all their lives, right? When we were young, all we thought about was how much of an impact it will make to our lives imagining a business that’s thriving – picturing a lot of people lining up to avail whatever services or products you sold. But in reality, gaining success is challenging. You first have to consider the journey before actually getting there. And here are three important phases you will have to go through.
Permission
We’ve already established that starting a business can be scary. But always keep in mind that no amount of seminars and motivational videos will ever be enough if you’re scared to “jump.” The biggest hurdle to making your goals happen is not in the funding or the business planning. It’s that people will not give themselves the permission to try because they are afraid of the risk.
When you give yourself the permission to try, and even fail in general, is the key to taking further steps. The best way to even begin is to allow yourself to start small at a slow and sure pace and start with your own needs and values.
Planning
Once you’ve allowed yourself to pursue this venture, the next thing is to do a little planning that briefly lays out all your prospects and your goals. You can plan an enterprise just by basing it off of your own needs and expectations and match it to your own schedule, interests and abilities without pulling all-nighter or losing sleep.
You will also want to consider, in a realistic sense, how much income you want your new business to produce. Initially, if you create a plan that doesn’t generate a lot of income initially, you will be setting your expectations on how the business will run appropriately. This is because when you start a new business, almost everything takes twice as long. Ultimately, planning is a type of exercise that will help you look into yourself to decide on what you think is worth pursuing and then conjuring how you’re going to get there.
Practice
As other practices out there, when you’re new to the skill, you’re essentially putting up an enterprise to widen your skill set and look for more innovative ways to improve and approach change. As a startup, bringing yourself to this level of professionalism is a great way to succeed. Essentially, those who operate on their businesses continually “practice.” They either get better or they fail and try again with a much better perspective.
As you make mistakes or learn new things, it is vital that you take these to heart. When you build a successful practice, it means that you are establishing a professional business model as well as a subject expertise.