4 Lessons Learned In Corporate About Owning a Business

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3.  Do you L-O-V-E what you do?

Do you love or like what you do, and if you answered, like, then how much? I can recall a short-lived juice bar I owned a few years back.  It was an opportunity that was presented to me and without much thinking of it, I said yes and found myself enjoying many aspects of the business yet not really loving it.

I enjoyed the recipes, health benefits, and customer interactions, but being near a kitchen sink with my hands in water was not something that I really “loved” as I thought I would.  So when you are thinking of a business, really visualize every aspect of the process.  Don’t skip to the fun stuff and leave out the dirty work, or the dirty dishes.

4.  Would you rather do something else?

Is there anything else you feel your giving up by doing this?  Do you feel you are sacrificing yourself in the process?  Again, if you answered yes, you may want to rethink your decision of owning a business.  The truth of the matter is that our time is limited and if you find yourself with a laundry list of things you want to venture out and do and never get to check them off, you may resent your own business down the road.  So take it slow, think about all the things you’ve always wanted to do and really give it a long serious thought.

If on the other hand, you find a business opportunity that really excites you, and you fall in love with it, give yourself some time. Do some visual exercises in the new role, learn about it, invest the time to educate yourself and ask yourself if there is something different you would rather be doing.

If your answers comes back solid and your still excited, then pursue your business, do your homework and begin your journey into the wonderful world of entrepreneurship!

Related articles:

4 Musts Before Starting a Family Business … often overlooked legal issues you should think about before starting a family business

Hispanics Pursue Entrepreneurship… Starting a business is a good alternative to low-paying entry jobs

Small Business Is Risk And Change

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