How do you know when it's time to start your business?
What were indicators for you when you knew you could start? Post your comment below!I started one I knew I would enjoy, then switched to something that would make my time worth more as I went along. Sometimes there's not a hard start or a hard finish, but more of an evolution to your business ideas and their manifestation. Don't limit yourself to what your idea should become. Keep your mind open to what can happen to the idea. That will do two things - first, it will give you the freedom to experiment, which will in turn free you to speed up your start. Second, it will keep YOU moving as you explore where your idea can go. Too many believe that if the idea doesn't come out the way it was supposed to, it was a failure. Resist the temptation to keep your idea in a tight box - let it out and see where it goes.

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No. 1-4
BrianF
BrianF

Editor

@JoshuaRichards @WendyD You both have great thoughts here. I love Josh's obvious (but often overlooked last line in his post): "Its hard to sell to people who don't think they need what you have."

WendyD
WendyD

Absolutely! Seeing others' needs is great, without inserting our own judgments as to what we think they need. Great point. I also love your advice to "think of your business as a project, which can change, grow, or be abandoned for a new project if it is simply not going to work." RIGHT ON!

JoshuaRichards
JoshuaRichards

Love this, Wendy! Sometimes people hesitate to start because they aren't positive their business will work but it's not always possible to be sure before you start. Think of your business as a project, which can change, grow, or be abandoned for a new project if it is simply not going to work. I have the advantage of being in a very clearly demanded industry (bookkeeping and accounting) so I pretty much knew it was going to work before I even got started. Seeing people who recognize the need for help, though, is a clear indicator for me that it is a successful business idea. Hard to sell to people who don't think they need what you have, even if they do.

BrianF
BrianF

Editor

@WendyD Great post! I knew I had a solid business idea when people were responding (i.e. giving me money!) for what I was producing. Not just a few people, but when I saw MANY people approaching me with money to buy what I produced it was an obvious sign that what I was doing was something people wanted and cared about.

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