Should I start a business. This is the million dollar question for many mums.
I was originally going to write two seperate blogs, one on 'reasons not to start a home business' and the other on 'reasons to start a home business. However I have combined them into one blog.
Reasons Not to Start A Business
|
Reasons To Start A Business
|
- You should not start your own business if your think you will have freedom. This is an illussion, you owning your own business can be a 24/7 thing. You will probably work harder and longer than you have with any employed job.
- Increased stress and worry because you are all departments in your business. With means you are responsible for organising everything, running everything and solving any problems.
- You dislike paperwork, customer service, confrontation or organising. These are also an important part of having your own business. If you are not able to do this part of your business are you able to employ some one else to do it?
- You have poor time management, are disorganised.
- You want to start your own business because you want to do your passion. Will it still be your passion after doing it for 12 hours a day, seven days a week?
- You think you will make a lot of money. It is possible, but usually in the start you will work more hours than you are paid for. About 50% of business fail in the first year and many business operate at a loss for the first few years.
- You are pregnant and wanting to find a way to stay home and not return to work. Having a baby you is busy and stressful enough as it is.
- You have a baby and/or young children under school age and have no one to babysit them and not able to put them in day care. If this is the case, it most probably will be hard to get much done, especially if you have more than 1 under school age.
|
- You like the idea of being your own boss and making all the decisions.
- You like a challenge, achievement and can handle worry and stress well. Setting up and running can be a challenge, it can be stressful at times. However you feel a sense of acomplishment with every little idea and every little step you take.
- You are able to multi-task and have a wide range of skills. If you are lacking skills in certain areas then you are willing to do some training to improve them.
- You have researched your business idea, written a business plan and also understand what is involved in setting up and running a business.
- You are organised, have good time management and don’t mind doing paperwork.
- You want to start your own business because you will be able to something you enjoy and have the motivation and dedication, to work hard and make it happen.
- You like the idea of making money and are willing to put a lot of time and effort to build your business up to be succesful.
- You are pregnant and willing to start a home business, even though you know you will be busy with the baby. You are willing to focus on your business when the baby sleeps, late at night, are able to put the baby/children in daycare, have very supportive friends or family who have offered to babysit on a regular basis so you can get some work done. You also accept the possibility of building your business up much more slowly that you would have if you did not have a baby or young children.
|
There are many pro's and con's for starting a business, but like many people a few things in each column will probaly relate to your situation. I'm sure there is also many other reasons why you should start or should not start a business. At the end of the day, the answer lies with you. My blog next week is about understanding the subtle signals with in your body that are pointing you in the direction of the right decision.
No comments:
Post a Comment