Whats Stopping You Starting Your Own Business?
More people than ever before are looking to start their own business. Having your own business is generally accepted as the only way of making yourself a fortune unless you marry or inherit money. Unfortunately many people are held back by two factors:
A the employee mentality and
B most people have not developed their ability to generate business ideas.
Let us deal with each one in turn.
A There are many reasons why an employee should want to start a business but three are worth thinking about.
i The difference between having your own business and having a job is the difference between buying a house and renting a house. If you rent a house you have all the satisfaction of living in a house but at the end of the day you own nothing and can be evicted as quickly as you became a tenant. A job is just like a renting a house. However your own business depends on you because you are its owner and at the end of the day it may leave you with considerable personal wealth.
ii You are a unique person. The vast majority of employers do not recognise your uniqueness. It is said the universe is twenty billion years old and will last at least as long again. In all the time to come there will never be another person just like you. You are a unique creation. How does an employer treat a unique creation like you? They make you fit into a box where the walls are your job description. Many people before you had to fit into the same box and many people after you will have to do the same. You were not created to spend your life following orders doing repetitive tasks and being just like other people. Your own business offers you the opportunity to make unique achievements to build a unique business which mirrors your personality and to stamp the world with your mark.
iii If you do not want to start a business to create personal wealth or to satisfy your ego then start a business to help other people. Every time a person offers others a new product or service he or she increases their freedom of choice. There is not a better way to help other people than by giving them more freedom. With the extra freedom the jobs created and extra taxes paid it could be argued that founding a successful business is the most socially useful thing anyone can do. Instead of choosing between i ii or iii as a reason for starting a business all three become interlocked and are a consequence of a successful business.
B Most people unfamiliar with starting a business struggle to generate business ideas. Probably the best advice anyone can offer you if you are trying to decide what type of business to start is to go with what you know and love. If your business is a chore and not your passion it will be little better than a job. But if you love what you do ideas come easily and problems find solutions much more readily. What the successful business startup does is effectively combine a personal passion with a ‘want’ shared by many.
If you are still hesitating just think on this: the only difference between you and a successful entrepreneur is that they took a risk and above all took action. Action is the key to success. Without action your idea will never be anything more than an electrical impulse locked away in your brain.
About the writer:nbsp;nbsp;Paul Kopp is the Founder and CEO of Kopp Enterprises Inc.nbsp; Paul has been a Home Based
Business owner for over 7 years. Currently he operates 2 online businesses and
also is involved in numerous non internet related businesses. Paul created
HomeBasedBusinessSolutions.com to give quality information and resources
to start and run a home based business smoothly and profitably. He covers all
the topics from AZ for home based businesses. This article and others can be
found at his
Business Resource Center.
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