Why Did You Choose This Business?
The majority of my clients tell me they started their business because it is what they know, or liked, or were somehow interested in.
In many cases, they were employees plying their trade and thought that starting their own shop would enable them to earn the BIG bucks being earned by their boss.
I do a lot of remodeling on my house.
One of the last tasks in the project is installing the finish trim around doors and windows.
I can do this.
I have a sweet compound mitre saw, an airless trim nailer, and a tape measure.
When I'm done, the project looks pretty good.
But I'm not a finish carpenter.
Not by a long shot.
How many of you began your search for a business to own by asking yourself what business ownership would mean to you?Did you ask which business would enable you to manage financials, deal with HR issues, write marketing plans, address cash flow issues?Did you look to work/life balance and ask if this business would give it to you? It's never too late to ask whether the business you are in has the ability to give you the life you expected when you decided to be a business owner.
If the answer is yes, then put the plan in place to make it happen.
If you answer NO, then suck it up and move on to something else.
The mistake isn't trying things.
It's continuing down a road you know won't take you to your destination.
In many cases, they were employees plying their trade and thought that starting their own shop would enable them to earn the BIG bucks being earned by their boss.
I do a lot of remodeling on my house.
One of the last tasks in the project is installing the finish trim around doors and windows.
I can do this.
I have a sweet compound mitre saw, an airless trim nailer, and a tape measure.
When I'm done, the project looks pretty good.
But I'm not a finish carpenter.
Not by a long shot.
How many of you began your search for a business to own by asking yourself what business ownership would mean to you?Did you ask which business would enable you to manage financials, deal with HR issues, write marketing plans, address cash flow issues?Did you look to work/life balance and ask if this business would give it to you? It's never too late to ask whether the business you are in has the ability to give you the life you expected when you decided to be a business owner.
If the answer is yes, then put the plan in place to make it happen.
If you answer NO, then suck it up and move on to something else.
The mistake isn't trying things.
It's continuing down a road you know won't take you to your destination.