Since I’ve made improvements to the site, a lot of people got curious and have already asked me how I do it; how I started and continue to maintain my online business. To somehow, answer that question is why this article was written.
As with starting any business, considerations must be accounted for if you’re looking for a steady income stream. These considerations lay the foundation on where your business will stand. These need to be contemplated on and mapped out appropriately to achieve the long-term gains and benefits of having your own business.
Let me briefly discuss 4 items I meditated on and continue to use as my guide and my foundation to starting my own online business. I hope that this provides you with ideas to get you started in your journey of having time and financial freedom for yourself, your loved ones and your passions in life.
So let’s begin!
- Define the “Why”
This pertains to what motivates you to make that change or take the risk; your “deepest why”. Your reason may be to have time freedom: more time for yourself, for your loved ones, for your sport, for your music, for your hobby, and, ultimately, time for what you’d want to die for. Your feelings toward your “deepest why” should be so strong, intense and passionate that it is just exactly that: something to die for. It is something or someone that you love but don’t have enough time for; that you’ll do whatever it takes so you can have that time freedom just to do that thing or be with that/those person/s. Your deepest why will give you the concrete foundation you need to build your business on.
Same with “define”, this item will add to the foundation you already laid on when you identified what motivates you. Personal goals may be, as said, personal. They can also be future goals that will contribute to the enhancement, growth or well-being of those whom/which you set as your motivation. Goals should be clear visions of the outcome that you desire that once reached, will tell you that you’ve already succeeded with your business endeavor. They should be very clear in the sense that every detail is set just as they are real. With set goals, working your way back is easier, just like solving puzzles and mazes, as you are already able to picture what the end-result will be.
- Prepare yourself
Knowing your business extremely well is an absolute must! Could I say more? That is if you want to stand-out among the rest. Sure, there is something we call a “learning curve” but you have to, at least, know more than the average person before you start that particular business. This is where preparation comes in. Do your research! Learn about your services, product and target market. Listen to, read about, talk to or meet people who have already been in the business you want to venture in. No one may have been doing exactly what you envisioned as your business, but you can take parts from experts’ experiences and apply them to your business plan accordingly.
- Make a decision
When you’ve accomplished the three, you are now ready to launch your business. Now is the time where you have to decide; to put your plans in motion. Make the decision to go for it; to take the risk; to get out of your comfort zone. Personally, I almost always make blind decisions after I complete the first three steps. It is because I am a risk-taker and a firm, decisive person. This was especially when I was still single. I found that delaying these kinds of decisions only magnifies your fear of the unknown, just strengthens your grip on your comfort zone and prolongs preparation to the point that you never get to actually start something. Decide! Make the choice!
There you have it; 4 things I’ve taken into consideration as I take the path of a business owner. These can guide you to start a new adventure and open your mind to countless opportunities standing in front of you. Use these points as guides as you start your business or come up with your own formula for initiating your road to independence.
To time and financial freedom!
How about you? How do you start and maintain your business? Share your thoughts below.