Are you ready to start your own business?

September 04 2018
Are you ready to start your own business?

Feeling restless at work? Head swimming with ideas? Passion to burn but lacking an outlet? These are all little signs that maybe you should look into launching your own business. Of course, this isn’t a perfect formula, but these are common denominators in someone who could be suited to dipping their toe into the start-up world. 

So, let’s say you’ve weighed it up and concluded that starting your own business is on the cards. You’ve got an idea and are ready to dive in, but how can you really be sure it’s the right decision? 

Take a look at the three statements below. If each of these accurately describes you, it might just be time to take the leap. 

You can explain your idea in a couple of sentences

Sometimes you can come up with a concept that seems ground-breaking in your head, yet when you try to explain it to another person, it becomes clear that even you, the conceiver of the idea, can’t explain in a succinct manner. However, if you are able to provide a concise rundown of your vision that doesn’t raise any immediate red flags, you’ve ticked off the first box. 

You’ve had entrepreneurial tendencies from a young age

Perhaps you were the kid that started their own lemonade stand, or the high school student who loved to barter with your lunch. Regardless of what it was, you have always possessed the characteristics and skills commonly found in entrepreneurs, and that passion for innovation has never gone away. 

You are hungry for success

Above all else, you’re desperate to succeed. You are confident in your idea, you’re prepared to prioritise it and you can’t contemplate not seeing it through. This is crucial because without this level of ambition and motivation, you’re unlikely to achieve your goal. 

Useful Links:

Have you considered a side hustle?

The pros and cons of coworking spaces