Every New Year brings new dreams, passions and ambitions. If you are tired of your daily commute, 9-5 hours and office politics, then it could be time to change. So if you’ve always dreamt of being your own boss then read on for some top tips to get you started.
1. Believe in yourself
While a strong business and marketing plan can help you on the path to success, the most important ingredient for being your own boss is to believe in yourself. You will need drive, ambition, patience and determination – building your own business will take time and there will be obstacles and hurdles along the way. But the realisation that you can make your dream a reality is liberating and fulfilling, so go for it and you really can change your life.
NLP training can help you develop your business confidence, networking and communication skills to give you and your business the very best chance for success.
2. Research your business
Start by looking at your key skills and interests. Could your current day job become a business in its own right? More and more people are setting up by themselves to take control of their working life. Alternatively you could look at any past qualifications or practical skills that you could use to build your own business. If you want to learn a new skill, there are hundreds of adult courses to choose from at your local college, and many offer evening and weekend opportunities. Look at who your main competitors will be, and see if there are any gaps in the market that you can fill to help you stand out from the crowd.
3. Money matters
Once your business is established, make sure that you carefully track all of your expenditures and understand your cash flow. Business expenses can include mileage, internet and phone service, supplies, tools and much more. Opening a business account is a vital way to keep your business finances separate from personal ones.
4. Telling the world
Decide how you want to market your business. Firstly, what is your unique selling point? What sets you apart from your competitors? Networking is a hugely important part of marketing your business. Word of mouth is vital, so start with friends, family and business contacts and ask them to spread the word. Word of mouth works online too; joining your local Facebook groups and promoting your business is a great way to get started as group members can recommend you. A strong website, flyers, adverts and directory listings are all important aspects of a good marketing plan but word of mouth is the crucial marketing tool for a fledgling business.
5. Getting the balance right
Running your own business can make it difficult to get the work life balance that you need, particularly if your office is home based. Create a strict schedule to work from and decide at what time you will stop responding to emails and taking calls. It is vital to have proper time out from your business in order to maintain the energy to keep it going.
Setting up your own business is a brave, liberating and exhilarating move with tremendous rewards. It’s a New Year’s resolution worth keeping. So make 2013 a year to remember, focus on your dream to be your own boss and go for it!
This is a guest blog by Edge NLP, who offers NLP training courses in Bedfordshire, Buckinghamshire and Hertfordshire. This is small business coaching to empower and inspire you to fulfil your business ambitions.
Once you have set up your new business you might need to start looking at office space or a registered office address. Contact the Workstation for information on how we can help your small business grow.