Thinking about starting your own company? These 3 things helped me take the leap
I was 35 years old. I just accepted a job as an account executive for a great company, with a high salary, in an amazing market. It was great for where I was at that time in my life, but it wasn’t what I was meant to do.
So you want to start your own company but you have all kinds of questions, doubts, fears, and reservations? I get it. That is exactly where I was 3 years ago. I always knew that I was destined to be my own boss. What I didn’t know is when that would happen, or how. Looking back, I can now say there were three essential pieces to the puzzle that helped me take a shot at starting a company.
1. Positive Mindset: Removing the fear and doubt.
We get one shot at life. (Here’s my quick pep talk before diving into the more tactical strategy of taking the leap.) The absolute worst thing that can happen is coming to the end of your life with regret. I am scared to death of having regret, and I am scared to death of dying. Those are the only two things I fear. Once I realized this self-truth, it clicked. Everything short of regret and death is manageable. So having a business that could possibly fail is really so minimal in the grand scheme of life.
2. Timing: Making the most of the timing.
You hear it all the time. People attribute their business success in part to timing. While this may be a popular opinion I would argue that there is never a bad time to start a business. I think what makes some people more successful is understanding the current timing- and making the most of it. For instance, in strong economy companies and people look to invest money, build things, start projects, and spend more in general. In a down economy, people do the opposite and look for ways to save and spend less. Knowing this, it is smart to adapt your model and offerings to the circumstance. In a slow economy add value to people and companies by helping them save money and time. In a strong economy, you should be more aggressive with your offerings.
3. Hard Work. There are no shortcuts.
There are a million cliche statements like “nothing good ever came easy.” I tend to believe there is a reason- because it’s true. If you really, deep down inside with all of your heart want to start your own business, then you will have to work your butt off, plain and simple. Your livelihood depends on it. There is no falling back on blaming others for your lack of success- no bosses to blame, no coworkers, nobody- just you. And the best way to make sure you are giving yourself a chance to succeed is by working your butt off. I am constantly reminded of this as we are building CCPS.
One final note: People will give you their thoughts and opinions. People will doubt. People will try to tell you what’s best for you. People will judge. This is natural human behavior. What you have to remember is the one person that has been with you since the beginning and will be with you, in the end, is the person in your head- yourself. This is your one life. Take chances and be brave, give other people courage and permission to do the same. Get after it!!!
OK final, final note- Our company CCPS is dedicated to helping talented, skilled tradesmen and women take the plunge to start their own businesses. In fact, we have a program called Power Partnerships that is specifically designed to assist independent contractors and small contractors with all aspects of starting, running, and growing a business. If you want to find out more about this program we would love to hear from you!