![]() |
|
See Also
Being An Entrepreneur : Related Pages : Business Skills :
Related Articles : We Are All Entrepreneurs : Being An Entrepreneur At Work : Your Big Idea : Working For Yourself : Making Money In Your Spare Time :
Starting your own business is a very clear step towards being an entrepreneur, but this isn't usually a sudden decision. It is usually something that starts as an idea based on your knowledge, skills and interests. Starting any business outside these areas is a much more risky venture, knowing that 80% of businesses fail. Having a new idea, a new insight, seeing a new opportunity or just combining ideas together in a new way can be just the spark that starts a new business idea. Jot this down quickly on whatever comes to hand and work on it. Only 3% of the population run their own business, and yet this can be one of the most incredible journeys you will ever make.
Many businesses are started because people become disillusioned working for someone else, and think that they can do things better. So they fire the boss and employ themselves. This is not something to do hastily because the skills required of entrepreneurship are very different from the skills needed to be a good employee, and are best learned gradually.
Your hobby can be a worthwhile source of income, and can be the first spark of business entrepreneurship where yo can get the feel for what it is all about. This is something you are probably passionate about and it is just a question of seeing how you can find a market to get in touch with other people who share your passion, or who will pay for your knowledge to save them time.
Working for yourself can have different motivations:
- To get out of o job you hate. This can suit people who like what they do but don't like the way it is is done.
- Make more money. This can be a big motivator. However, beware of the many 'get rich quick' schemes you can buy into, because they often only work for the person selling them.
- Control your own life. Many people chose this route after being employed for many years, and wanting more out of life in general.
Control Your Own Life
This is the choice of many people who have been employed for many years, and come to a point in their life when the feel that there must be more to life that what they are doing now. This is often brought on by a sudden change in life, such as divorce, redundancy, children leaving home or a change in work pressure and culture.
Basing a business on what inspires you can give you a business model based on such ideas as:
- It is the way we can most effectively deliver our ideas, inspiration and experience to others ensuring that we reach the most people.
- In the process it helps to keep us feeling alive, inspired and passionate about what we do.
- It gives us the space for whatever else is important in our lives and enables us to create a great living.”
(See Liz Scott's review of Nick Williams book “The Business you were Born to Create”)























