Ha… I might have startled you a bit with this title 😉
But what would you say if this is exactly the phrase you will tell you’re Boss in the very near future!?
Thank you Boss for all the nice opportunities but… You’re Fired!
Like the sound of it? Thinking already of how you’re going to say it? Better yet, set a date when you will say it!
It all has to do with the burning desire people have to start earn money on their own, to become Financial Independent. In other words, reach the state of Financial Freedom; do whatever you like to do, whenever you want to do it.
If you are one of those persons or the thought has crossed your mind, please pay attention and read this article thoroughly…
First of all you’ll need to determine for yourself…
Am I the right person for the Job?
Do you got the right stuff in you to take this giant entrepreneurial step?
Qualities of the Entrepreneur.
Personal skills to take in consideration before you jump…
An entrepreneur does not ask questions about whether they can succeed or whether they are worthy of success. They are confident with the knowledge that they will make their businesses succeed. They exude that confidence in everything they do.
Sounds obvious but it’s vital to become successful! Be focused on making your businesses work, and eliminate any hindrances or distractions to achieve your goals.
Be Open Minded
Entrepreneurs realize that every event and situation is a business opportunity. Ideas are constantly being generated concerning new potential business ideas.
Entrepreneurs know that if something needs to be done, they should start it themselves. They set the parameters and make sure that projects follow that path. They are proactive, not waiting for someone to give them permission.
An entrepreneur is not thwarted by defeats. He/She looks at defeat as an opportunity for success and is determined to make all of the endeavors succeed, so will try and try again until it does. Successful entrepreneurs do not believe that something cannot be done.
Passion is the most important trait of the successful entrepreneur. They genuinely love their work. They are willing to put in those extra hours to make the business succeed because there is a joy their business gives which goes beyond the money. The successful entrepreneur will always be reading and researching ways to make the business better.
Once you’ve determined for yourself that you’re the right person, there’s actually nothing holding you back to get started right away
An that is exactly what you should do: START!
Don’t think twice! When you made the decision it’s time to go full speed ahead.
Here again are some useful tips to set your first steps as an entrepreneur, steps towards firing your Boss!
Start before you Back out…
If an idea has been playing through your head for some time now and you’re always considering what the success rate is going to be?
Don’t dream too long! Talk with people about your idea, get feedback and don’t get discouraged. But eventually start with taking the first steps, how small those steps will be. You don’t have to blow up bridges and mistakes can still be fixed. But each little step is a step towards your goal and will give you a feeling of satisfaction!
Undertake! Start before you Back out!
Stay on Paved roads
Many starting entrepreneurs are looking for that golden egg, the thing that will make them rich overnight. Convinced that it exists, they will search the web for the pot of gold…
But the reality says different. Only a few entrepreneurs became successful with a total new concept. Finding that hole in the market is like bottomless pit.
So, if you want to become successful, choose for proved business concepts, give it your own twist and interpretation in order to get added value.
Being an entrepreneur means “taking risks”! If you play on safe and avoid, you will not grow! Don’t be afraid to make mistakes because these mistakes will teach you. It does not mean you should start shooting in the dark…, but taking some risk is a must! If you don’t make mistakes, then you don’t experiment enough, you’re not Open Minded. But, be sure you’re mentally strong enough to deal with these setbacks and look at the long term development, not at the heat of the moment.
Don’t plan too much!
Everybody talks about business plans and putting as much as possible on paper. Though this is a wise point of view, don’t get to mixed up with your planning. Making plans can certainly slow down your progress. It’s better to start with a distinct Action Plan which will show you the way to move forward. You can always adjust your business plan “on the way”.
When you’re new to the business it’s better to start small. It will give you the opportunity to still learn while you’re moving forward. A cautious start will in no case hamper potential success for the future. But a cautious start requires less financial means and will protect you from making too big mistakes as a rookie.
Over-think your project from time to time and try to downsize first. Do you need to start full-time or part-time, you need to rent office space or can you start online? You need staff or can you start alone?
A cautious start will form a strong foundation for a healthy and viable business!
Whenever you start a new business, new opportunities will occur. But taking on these new opportunities require time and energy, so you need to be selective. Don’t get involved with too much “bad” stuff. How do you determine the good from the bad?
Create for yourself a clear Mission Statement, describing what you want to achieve and how.n This Mission Statement will help you to make this selection.
Undertake with Blinders…
Become an expert in what you do! Read, learn, try and take in as much as you can and become the unmistakable expert in that certain field. People will start to look up to you. Use this advantage and promote yourself as the specialist; business will follow automatically!
Do it for the Money!
You can only spend money once… But there’s only 1 thing that you can buy with money without spending it: Freedom! 50.000 on your savings account is much more worth then a nice car of the same value. The ultimate drive for many entrepreneurs is eventually Independence…
By spending your hard earned money too quickly, you’ll put yourself in a tight spot. Therefore spend your money wise and build up some savings so you can sustain a setback.
Don’t work too hard…
It’s a fairytale that self employed people need to work their ass off in order to survive. In contrary, self-employed people have the liberty to organize their work the way they want. Therefore focus on things you like and generates the most money! As a starter be willing to work hard the first few months, but then bring balance in your work rhythm once your business starts running. It has no use working +60 hours/week when eventually you physically and mentally break down…
Don’t listen to ‘good’ advice
Follow your intuition! A lot of people will try to give you heart-felt advice and maybe will even try to change your mind about starting on your own. Listen, take the advice which you can use, but most of all stay on your path! Don’t listen to people who are always criticizing and standing on the side lines. They always know better…
Most of the preliminaries have been discussed now.
- You know what kind of person you need to be – read more about this topic in Rich Dad, Poor Dad from Robert Kiyosaki.
- You know which initial steps you can take – what is vital – read more about the possibilities here.
Next things you need to determine is:
- With WHAT product or service do I want to set up a business?
- HOW do you “brand” yourself? The Laws of (online) Branding!
- WHICH platform are you going to use? Website, Blog, Conventional, Web-shop, Mobile/Smartphone applications, etc.
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