Or you want to help others. You decide to set up shop as a Consultant, Coach or Freelancer believing clients will line up outside your door or book consultations hiring you on the spot. Just because you can solve their problem easily.
Like many of us before you, you must have felt this way at some point or the other about your work, career and a desire to be your own boss.
Has this urge become stronger during the COVID-19 pandemic and you’re having a Wake Up call of sorts?
The thought of being a solopreneur or business owner is glamorous and being your own boss is romantic.
Many professionals succeed in making that transition without hurting their lifestyle. Or before their savings get depleted during the birthing stages of Project Independent Business.
On the other hand, many don’t make it to the Promised Land. When that happens, they hang up their business boots within 12 months and go back to a JOB, having failed to fulfill their dream.
Only 78.5% of small businesses survive their first year.
The most common reason small businesses fail is that the market simply doesn’t need their products or services.
29% of businesses fail because they run out of cash.
There are questions and areas that you need to consider before taking the decision to go into business for yourself. I’m not trying to dissuade you from embracing entrepreneurship. Far from it!
The most important thing to do before deciding to start your own business is to carefully analyze the market. Examine available small business failure statistics. See where your business might find its place.
You need to come up with a working business model, assemble a well-functioning team, and listen to your customers.
I’m asking you to do your homework first and take deliberate action to achieve your dream.
Instead of surfing the internet looking for information (which is a good idea by the way), why not focus on yourself instead and gather information in a methodical manner?
In this workbook, you will begin to think more about your plan by considering 5 tough areas so that you transition from employee to business person with clarity and focus.
You’ll understand what your next step to Project Independent Business should be.
If you follow the exercises and put in the work, you’ll:
know what’s going to drive you to be a success
set up the right kind of business from the start
get the basics of how you’re going to run your business
That in itself is worth investing in.
And its all yours for a tiny investment of $27
Get 5 Things You Need to work on before jumping into business for $27 here
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Please note all digital products are non-refundable once payment is processed. This digital product is yours forever. If you have any questions or concerns, please ask in advance of purchase at vatsala(at)karmicallycoaching(dot)com.