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Because starting a business isn’t difficult enough, life decided to throw in some distractions too along the way. I have listened to so many people rhyme off what they think they need to have or do to start a business. Most of them fail to realize that all you really need is a good old fashioned hard work, a dash of inspiration and a whole load of motivation. And don’t forget to ride out the rollercoaster too!
I often hear the same things repeatedly. Start-up owners getting bogged down in the details of things that ultimately are irrelevant to the success of their business. They forget that in the beginning, you have to work in your business as much as at it. And if you’re a sole trader, freelancer or one man band, then you are your business. It’s entire success or failure depends on you. I have lost count of the number of times that I’ve seen a great idea in the hands of the wrong person. Even the best business idea in the world will ultimately fail in the wrong hands. And often because those hands are distracted by the fluffy stuff on the outside taking them away from the actual business stuff on the inside.
So, are you like a business magpie being distracted by lots of shiny things? Or have you got some misapprehensions that are distracting you from actually starting that business you’ve been dreaming about for years?
Here are the top 5 business start-up distractions I see the most and why you need to avoid them
Why do you think you need loads of money to start your business? List out what you think you need the money for. Then cut out the crap you really don’t need. A few weeks ago I was talking to someone who was obsessing over the cost of her stationery. The letterheads, envelopes, comp slips, pens, pencils, keyrings, notepads. All with her perfectly designed logo on. Great, yes, oh so pretty. But a big cost. When I asked her how many letters she envisaged herself sending in the first year of business, she couldn’t give me a figure. That’s because it was probably a big fat zero. A total waste of money.
There are many things you can bootstrap for your startup if funds are low. I think a lot of people are put off going into business because they get all these daft ideas about it costing them a fortune. It doesn’t have to be that way. Unless you must buy stock (consider drop shipping to start off with if that’s an option) or you need premises, then stop Go to the full article.
Source:: Business 2 Community