how to start a business and actually stick with it
At some point in your life, you've probably met someone who said that they wanted to start a business or that they’re going to start a business. Other than the initial period of excitement and determination, you almost always never hear about it again.
Because people get busy, they get tired and think that what they’ve initially strived for is unattainable and too hard. So, it gets dropped and it’s tossed aside in an abyss with the hundreds of other great ideas you thought of but didn’t follow through with.
No one is saying that it’s easy, because it’s not. But, the one thing you cannot do is give up. Here are a few steps to get you started and motivated.
1. So you have an Idea
Obviously the first thing you have to do is have a good idea about what you want to do. Hone in on it and find the niche market for it. Is it in demand? Check out other people and brands that are in your niche market and see what you can do to set yourself apart. While you’re doing this, make sure to evaluate yourself and the skills you possess. What are your passions? Your budget? Why do you want to do this particular thing?
2. Do a lot (A shit ton) of research
Take your time and don’t be afraid to dig hard. See the pros and cons of your idea. Has it worked for others? How could you do it better? Research what this is going to mean for you and your resources! How could you improve the product or service?
3. Get a second opinion (or a third, or fourth)
Seriously, this might sound like the best idea in the world to you, but it’s better to have someone who isn’t close to the project evaluate it as well. Sometimes, fresh eyes can spot holes and errors you can’t! Be sure to handle criticism like a boss. Remember that at the end of the day, this might help make your business better and offer new perspective!
4. Start a business plan
Start writing out your plan of action! This is a detailed description of how you plan to carry out your idea from the start to the finished product. This might be anywhere from 20 to 40 pages of text. Be careful not to write an insane amount. You can find detailed descriptions of how to write a business plan on sites like entrepreneur.
5. Next steps
Figure out what your next steps are going to be. How are you going to finance this venture? Are you going to take out a loan? Are you going to pitch your business idea? Are you going to hire a business consultant? After this, you can start making plans for developing your product or service and hiring a team. This isn’t easy, and it takes a lot of effort, but figuring out your course of action and how to make your business idea a reality now that you’ve planned it out is an essential step.
Of course, the most important course of action that needs to be taken before, throughout and after all these steps is the willpower and determination to keep going. Even when you get busy, tired, or it’s starting to look impossible. Keep trying, even if you fail, because when you fail you get to learn how to do better.