Episode 20 - Am I Cut Out For Business? 

 

Not everyone is a great candidate to be a small business owner. But I bet you are! Answer these ten questions to find out:

               

  1. Are you extremely dissatisfied with your current situation? You basically have to be, in order to convince your mind that it’s okay to change.

 

  1. Do you have an idea? Are you passionate about it?  It doesn’t have to be a full-fledged business plan. Not yet. But an idea does help 😊. And you need to love that idea so much that you’ll be willing to do even the parts of your business that scare you (like sales calls or meeting with a potential buyer)

 

  1. Do you have support? Family, great friends, a coach or mentor…find people who will brainstorm with you and cheerlead you when you hit a low point.

 

  1. Do you give up easily? If you’re a quitter, then running a home business isn’t for you. Most people quit just before the reward. You can't win that way.

 

  1. Are you in the middle of personal upheaval? This doesn’t mean you shouldn’t start a business, just maybe not right now.

 

  1. Do you have an appetite for learning? Then Yassss!!! ‘Cuz you are gonna need it. Luckily, there are so many resources these days, from YouTube to FB Groups to paid courses. I don’t want you to worry for one minute if you feel like you don’t know everything you need to know to run a business, because absolutely everything is find-out-able!

 

  1. Do you understand risk? Some business models require more risk than others. For example, opening a brick and mortar shop would require much more capital than working from home writing and selling e-books online. Be sure you know what and how much you’re willing to risk before diving in.

 

  1. Do you need cold, hard cash today? Okay, then go make it. Sell homemade bread or salsa, walk some dogs, babysit for another mom. Then, when your immediate need has been taken care of, go ahead and start your business. Nobody needs that kind of pressure.

 

  1. Do you have people skills? If I struck up a conversation with you in a line at the grocery store, how would you respond?

 

  1. Can you summarize your business idea in one sentence? If not, you’re not yet totally clear on what it is you want to do. Work on it, it will come.


 

 

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