We all dream about it, plan for it, hope and pray… Many go their whole life without realizing this dream, while others get the chance to make their mark.
What am I talking about? Entrepreneurship and the pride of being your own boss.
Becoming your own boss is the ultimate goal. The power to call your own shots and follow your own dreams. The opportunity to live and breathe your purpose. Still many hesitate, procrastinate and delay. They know what they want, but they’re afraid to go for it. The decision to break away from secure employment can feel heavy and laden with risk. It’s hard to walk away from a guaranteed paycheck! And so the mind vacillates between the loose security of living paycheck to paycheck and the high risk, high reward journey of entrepreneurship.
Consideration is fair. Not everyone is cut out for entrepreneurship. But if you have a dream deep in your heart that involves building something from the ground up, you owe it to yourself to figure out a way to make that dream a reality.
The best way to get started is to take inventory of your strengths and weaknesses. Doing this shows you know what needs your attention – you can even seek out help from others. People love to help people who they know are helping themselves.
Below are a few questions to ask yourself to get a feel for where you stand. Give the questions some thought and if you don’t like the answers, decide what you plan to do about it.
Are you a self-starter? This is one of the most important skills for an entrepreneur. Procrastination and indecisiveness can kill a dream before it ever gets started. If you find being consistently proactive is difficult for you, then you may not be ready for entrepreneurship – yet. Work on developing this habit. Start small. The ability to take consistent action is paramount to the successful growth of any business.
Are you good at time management? Time management is closely related to being a self-starter. They both deal with your ability produce successful outcomes, consistently and over time. And they both take a certain level of self-discipline to master. Good time management is about strategy, organization, and prioritization. These are skills you can learn. If you don’t know how to create an effective process of your own, there are many books, tools, and resources that can assist you.
How well do you handle setbacks, criticism? Setbacks are inevitable, so is criticism. Keeping your spirits high and your motivation strong even in the face of obstacles are qualities that allow your business to stay on course even in hard times. Your ability to absorb challenges then execute new and improved methods and strategies over time is exactly the skill needed to succeed in business. It all begins with your ability to maintain a productive and optimistic attitude when things don’t go your way.
If you find that you struggle in some of these areas, that’s okay, you can always improve. However, the health of any business you create will be tied to these foundational skills. If you decide to take the road less traveled and join the ranks of the entrepreneur, at times, it will be difficult, stressful, and sometimes scary, but if you stick with it and learn and improve as you go, it will be so worth it!