Starting your own business is an exciting adventure. It has all the possibilities you dreamed of; you can be your own boss, set your own schedule, and your income potential is limitless! Yes, this is all true… but with all the pros there are certainly cons to starting your own business. This article is not meant to prevent anyone from starting their own business; see my article “Building a Home Based Business – Anyone can Do it!”, it is meant to give you some things to think about before you start on your journey.
First, I am an entrepreneur, it’s in my blood. Other than coaching hockey and soccer, it’s what I enjoy most; building businesses or helping others start and build their businesses. I’ve come to understand what the pros are for starting a business because I love doing it. For me, the pros way out weigh the cons. But, for others, the cons may outweigh the pros, and being totally honest, what business owner doesn’t think at some time or another that working for someone else may be a better plan?
Here are some of the pros and cons that you need to think about before you start your own business:
1. Being your own boss
2. Flexibility with your time
3. You can set up the business the way you want
4. Financials are your sole responsibility
Obviously there are many more pros and cons and every entrepreneur will have unique experiences. Regardless, if you have the perseverance and desire to build a business, you can succeed. The beginning phases can be the most difficult, but over time, your resources can grow and your circumstances usually become much easier and more rewarding.
Sarah Westall - Senior Partner - Galex Consulting
A successful entrepreneur and business executive. She has a dynamic leadership career spent building high-performance teams and empowering success in highly competitive industries. An entrepreneurial attitude, energy, and style. Very effective in restructuring, streamlining and strengthening business operations and processes to maximize performance and profitability. Successes due to combined expertise in anticipating and stimulating business needs and making appropriate decisions.
If you want help building your business or restructuring your company, contact me at firstname.lastname@example.org
If you are looking for an excellent business that you can do on the side to make extra money for your family, contact me. I can help you get started. You can reach me at email@example.com.
"Belief in oneself is one of the most important bricks in building any successful venture."