I know who you are.
You’re stuck working for someone else, but you really want to be a business owner. You’re miserable, day in, day out. You daydream about starting a successful business. You count down the minutes till you get to get out of the office every day. Your distaste for your job or career carries over into other parts of your life.
What’s holding you back from starting that business?
I hear this story all the time, and I always give the same advice: Just do it already. I don’t advocate quitting your job and starving your family. I do advocate taking that idea, making a plan, and jumping to it.
For a new entrepreneur, starting a business is a mix of exciting and terrifying. Exciting, because you’re finally stepping forward and doing what you’ve always dreamed of. Terrifying, because what if things don’t go right and you fail? Here are a couple doses of reality: in some aspect you will fail and starting a business never happens exactly how you imagine.
The fear of not knowing where to start stops many plans before they even begin. The “7 P’s” get you far, but only so far. Stalling because you haven’t thought something through enough is just as bad. Many entrepreneurial-minded individuals never reach their potential because of fear or over-thinking instead of acting.
So how does a person go from being frozen with uncertainty to being actively involved in a new business?
The first rule of starting a business is get used to being uncomfortable.
If you’re financially ready to leap into entrepreneurship, then go for it. Make a sound, smart exit plan from your current job, and hit the ground running. Know your business idea, and start to develop ideas or hypotheses about who your customer is and what you’re offering, and then get out and talk to them!
If you’re not financially ready, figure that out as soon as possible. Your happiness and life are waiting at the end of that number, so get your financial house in order, then go for it.
This all sounds simplistic, and it is, but the biggest hang up that people have when they want to start a business is actually doing it. Trust me when I tell you that your business won’t happen until you build it. Your ideas will just stay dreams until you act on them. Your dream of self-employment and building your own business is waiting for you to just do it already.