There are as many reasons to start a business as there are potential entrepreneurs. Do any of these fit your vision?
1. Money. There are many possible motivations for starting a business. You may want to fulfill a need, make dreams come true, or live out your fantasy life. But the top reasons to start a business of your own still come down to making money. And there’s nothing wrong with that. In an uncertain economy, running your own business gives you a sense of control that you can’t get from a job.
2. Fulfilling a need. One way to assure that you’ll always have potential customers is to offer something that a lot of people need. Perhaps you often hear people talking about a particular troubling situation. Or maybe you had a certain problem of your own and finally solved it. So naturally you thought of all the other people who have the same problem.
Plug in your solution and start a business. There are those who say that’s what a business is. Find a need and fill it.
3. Love. They say that when you follow your passion, work won’t seem like work. The best businesses come from doing something you really enjoy. And that’s handy because most people are good at what they enjoy. We also tend to like doing things we’re good at too. So what could be better than making a living doing something you love?
4. Efficiency. How often have you thought of a better way to do something ordinary or routine? We all hate getting “the run-around”. Nobody likes wasting time while someone does things the hard way, or the long way. But often, that’s the only way they know. When you can find or create a faster, less expensive, or more productive way to accomplish something, you have the ingredients for a successful business.
5. Convenience. There are times and situations in life that make working in a “regular” job nearly impossible. Perhaps you have a physical impairment that blocks employment. Or you may have disabled children that need your attention on an unpredictable and/or frequent basis. But you still have to earn a living. Working for yourself may be the best way to do it.
6. Geography. If you live in a remote or out-of-the-way location, transportation can become a major issue. Many suburban and rural areas don’t have a public transit system. Or when they do, schedules and stop locations make them of little or no use. The bus won’t do you any good if it stops running at six but you have to work until 8. But with your own business and an internet connection you can find ways to beat the location problem.
7. Legacy. Leaving something worthwhile for your family is a noble goal. Sometimes self employment is a short term endeavor. But it can be a great deal more. The idea of building something that will last after you’re gone is a powerful part of the American dream. And creating generational wealth is a goal many strive for.
Do any of these purposes resonate with you? Have you often dreamed of being your own boss? Maybe you like the idea but still aren’t sure. If that’s the case, there is a way you can be certain it’s the right step for you to take. Should I Start A Business is an online class that will answer these questions once and for all.