Becoming your own boss means more than sacrifice. It means long, hard, consistent work, often with the rewards still far off in the future. That’s why you need a life plan before you decide to start your own business. You need to evaluate what you want out of life.
Consider this sister warrior:
- What kind of lifestyle do you want to have as an entrepreneur?
- How big do you want your business to get in terms of profits and staff?
- Will you have employees?
- How many hours a week will you work?
- Are you willing to work 7 days a week? For how many years can you keep that up?
- Will you need a partner? Could you handle working with one?
- How will you fund your household while you start your own business?
You may have a great business idea, but you must decide if it’s a good business for you and your family.
Do me a favor here; close your eyes and think hard about what the best day in your business will look like 5 years from now. It may help if you write it down. Spend some time on it and get it fixed in your head.
Once you have that vision, consider what it will mean to you and to those you love for that day to become a reality. Even if you come to the conclusion that you can be an entrepreneur, you must decide if you should. In other words, do you have a solid business idea?
I have listed below several home-based business ideas:
- Independent Sales Representative
- House sitter/pet sitter
- Home day care
- eBay seller
- personal services-shopping and errands
- virtual assistant
- cleaning service
There are other questions you need to be able to answer in order to determine whether there is a viable market for your service or product. I invite you to schedule a Next Mission is You strategy session call with me for $27. Schedule your call today.