So you’re starting up a new business. Congrats!!
You’re among the half a million that are starting a new business this month!!
Yes, you read that right. HALF A MILLION.
Here are some other statistics*:
- 7 out of 10 new employer firms survive at least 2 years, half at least 5 years, a third at least 10 years and a quarter stay in business 15 years or more
- Small businesses have generated over 65% of the net new jobs since 1995
- 52% of all small businesses are home-based
Hope I didn’t scare you. I really hope I didn’t. You needed to know the facts however before you just thought that having a small business was going all butterflies and rainbows. You will have a few showers along the way.
The way you set yourself up and the way that you encounter obstacles however is going to be the way that you either become a statistic or beat them.
I assume that you want to beat them, Right?
Let’s start with how you set yourself up!
First off, write these two words down: Mindset & Skill Set (Ok, that’s technically three but you get the drift).
Both of these are crucial to your success but Mindset is probably the most important. You can learn the skills needed to success but without the right mindset, it doesn’t matter! Mindset and Skill Set go together like peanut butter & jelly, peas in a pod…. you catch my drift.
If Mindset sounds like a bunch of mumbo jumbo or you think that it requires you to become some sort of yoga doing, tree hugging, hippie person, you’d be wrong. If you’re a skeptic, then I’d look up any book or talk by Dr. Joe Dispenza. He’s a scientist and has PROVEN how getting your mind right is necessary to achieving your goals. It’s amazing what happens when you get CLEAR on what you’re wanting… but i’ll let Dr. Joe talk about that with you.
So we’ve talked about the importance of Mindset, so what about Skill Set?
Take out a piece of paper and fold it in half. One the top of one half of the paper, title it “Skills I Have” and on the other half title it “Skills I Need”.
Before you start writing however, I want you to take a couple of moments of silence and remind yourself to be honest on this. You’ve got more skills than you think you do. Don’t limit “your skills” to what you THINK your new business is going to require you to need. Just list EVERY skill you HAVE. Even if it’s tying a cherry stem with your tongue…LIST IT (bad example but you know what I mean!). You’re going to be surprised at skills you think are menial can be game changers for your business.
Now on the other side of the page, the “Skills I Need” section, take a look inside the business you are starting and be real about the skills that you’re going to need. Do you need to learn how to market on Facebook more? Do you need to learn how to use an autoresponder? Are you going to need to get a scheduler? Are you going to need to set up a blog or a website?
Once you have everything down on paper, then cross reference your skills section to see what you already have.
So that you don’t fall into the trap that a lot of home business owners do of thinking that they HAVE to spend a lot of money on what they THINK that they need, only to find out that they already possessed that skill. Money wasted isn’t money earned.
Will you have to spend money at some point to learn and grow your skills? ABSOLUTELY. However, knowing what skills you already possess makes navigating this easier.
I hope that you found some value in this. If you did, please comment, like, and share amongst friends!
*Nazar,J. (2013, Sept 9) 16 Surprising Facts about Small Businesses. [blog post] Retrieved from: http://www.forbes.com/sites/jasonnazar/2013/09/09/16-surprising-statistics-about-small-businesses/#184224993078