The Signs That You Should Start Your Own Business
- You feel stuck in a rut at work
If you dread waking up every morning and having to make that commute, then you’re probably unfulfilled. A promotion or another role might abate the problem, as might a new job, but deep within you the prospect of an ordinary 9-to-5 just doesn’t excite you any more. You do need to work out if you want a change of scenery or a totally new challenge!
- You have an idea for the next best thing
Have you spotted a gap in the market? Can you do something better or cheaper? Have you invented the newest widget? Whilst you could work with a third party, you will more than likely want to make things happen yourself
- You are independent
Are you a problem solver or can easily work on your own? You already have some good entrepreneurial traits!
- The lightbulb switched on
It suddenly dawned on you that that you wanted something different or better and are now motivated to make the change
- You are always thinking and coming up with ideas
Good entrepreneurs are always thinking about their idea, their business and maybe their next business
- You can afford to take risks.
If you’re single, without young children or successful in your field and financially comfortable others, now may be the ideal time to follow your dream or be a little adventurous.
- You’re fed up of the daily commute
So you stand on a train for hours every day or sit in traffic jams on a regular basis? Maybe you should look at starting a home business – over half of the UK’s businesses are!
- You’re happy getting your hands dirty
If you do not have an issue with rolling up your sleeves and diving in, you will enjoy starting a business, as there is a lot of effort in the early stages. OK, sometimes it might not be that enjoyable, but that doesn’t bother you… does it?
- You hate working for others
If you seriously can’t stand taking orders, loathe your boss and all his (or her) demands, start planning your exit strategy of becoming your own boss.
- You think you could to things better
Maybe you’re confident that you could run a business better than your boss. Maybe you are an egomaniac. Whatever the reason, if you have the belief and confidence, it is a great foundation for break.
- You have always wanted to be your own boss
Whether you do not like being ordered around or you want to be more in control of your own destiny your want to be the decision maker
- You Want a better work/life balance
Whilst running your own business can mean that you will be at home more ofter, have to work more sensible hours and commute less, it can also mean working 24/7, depending on the market you are in or the speed you want to move at.
- Redundancy looms ahead
In these uncertain financial times, jobs for life are not as common as they once were. If you face redundancy, starting your own business should definitely be potential career move to look at.
- You achieve a lot at work and are not recognised or rewarded accordingly
You may be key to your companies success, but, sadly, are taken for granted. Why not take your talents and use them on the open market?
- You’re simply seeking a new challenge
Maybe your board in your current position and just want to do something different. Whilst starting a business with little experience or no knowledge is very risky, the process is very challenging and could fulfill a need.
- You want to acquire new skills and knowledge
Well, you will certainly do this when you start a business. You will have to build a new set of skills and get an understanding in many different areas – accounting, employment, health & safety etc
- You want to work the hours you chose
In some businesses you can put in minimal effort for great rewards or the standard 9-5 isn’t necessary. However, be careful, some businesses will need a lot more work, especially at the start.
- You are always looking at the angles
Some people look at strawberry and see a fruit. Other people see fruit, jam, compote, pies, flavourings etc. If you see beyond want is in front of you, you have a good attribute to maximise potential.
- You’re a natural leader
Having a great idea is one thing. Being able to communicate that idea and convince others to jump on board is another. Look at the great or famous entrepreneurs and you will see people who can enthrall, motivate and take people on a journey.
- Subcontractors are taking after your business
You see your company emply people like you, but as contractors, earning more money and having greater freedom – you feel you want a piece of that!
I am sure that there are lots of other reasons – if you can think of any, add them in the comments box, below.