Most people fear starting a business because they feel that there is too much risk involved in starting and having your own business. I ask them why they feel having a business is risky and why they feel having a job is not risky? I have been through 6 downsizings. Jobs are not reliable anymore and especially during these times. It is speculated that many companies will be downsizing again. Has anyone heard about Starbucks' financial woes?
If you are interested in starting your own business, I suggest you get commenced
. Do not let you fear paralyze you from moving forward on this decision. There is always risk in anything you do and yes you will encounter ups and downs while having your own business. But, I have always believed that there is no issue that can't be solved in business.
There is no way to go through life risk free, but there are ways to reduce risk:
1. Start by creating a business plan; one that includes marketing stategies.
2. Hire an attorney and an accountant. These should be people who have good reputations as good busienss people.
3. Never stop studying your craft. Read and learn as much as you can about having your own business. This is an area that most entrepreneurs should be doing for the rest of their life.
4. Get more involved in personal development. Focus on things that motivate and inspire you.
There are very few issues that can't be solved. Often it is the we veiw and handle issues that determines our success and failures in life. Keep moving forward.
Those who Risk, Win!