When it comes to starting your own business, you commit your time and your money in the ultimate test of faith in yourself. And just as you wouldn’t take a surfboard into the big waves off Oahu for the first time with a cavalier wink and a wave, you shouldn’t begin a business without a serious period of preparation, so that you know everything you need to know to transform your idea into a thriving operation. RELATED: Need some career advice? Watch these tutorials! The stakes couldn’t be higher as you seek to free yourself from an employer to chart your path as your own boss. Shirk the preparation, and you risk dooming your new venture before you get out of the gate. One of the best ways to get a clear vision of what lies ahead, especially if you’ve never run your own business before, is to start with a franchise, which comes with a complete set of blueprints. Plus, you get access to lots of folks who have blazed the trail before you. Do your homework and the upside is limited only by your imagination. What separates the wheat from the chaff is often this initial commitment to do your due diligence. If you can’t hack this, you certainly won’t be able to cut it running your own business. On the other hand, if you take the time to do a thorough examination of the market and pinpoint the types of businesses that interest you plus a self-assessment of your own strengths and weaknesses, you significantly raise your chances of success.
September 29, 2015