One of the biggest most liberating and truly fulfilling feelings one can ever experience in a lifetime – is being your own boss. Working when you want, how you want, where you want – from anywhere in the world. That’s true freedom and true liberty!
So, if you want to start a business by becoming your own boss, but don’t know where to start, don’t worry you are not alone. Like yourself, many people would rather create work they love, constructed to fit with their own life goals.
No matter what the motivation is to be your own boss, you can start today by overcoming the bossy struggle and winning with a stellar business attitude!
A perfect real-life example of being your own boss is to see Urtasker Team and see how everyone is doing great in their niches.
Here are a few exclusive pointers and effective tips to get started and be on the road to becoming your own boss:
1. Identify Your Business Goals
Without knowing where you’re going, you will never know where to start. Identifying your business goals enables you to carve a path and a map to travel on.
Give yourself permission to explore. Be willing to look at different facets of yourself (your personality, social styles, age) and listen to your intuition. We tend to ignore intuition even though deep down we often know the truth.
Ask yourself “What gives me energy even when I’m tired?” It is important to know what your business goals entail.
Does your business seek to solve a problem by creating solutions? Are your goals based on creating tremendous value for your audiences/consumers so they can benefit from your products and services effectively?
A business plan is a great way to accomplish this. A business plan will help you gain clarity, focus, and confidence. A plan does not need to be more than one page. As you write down your goals, strategies and action steps, your business becomes real.
Ask yourself the following questions:
- What am I building?
- Who will I serve?
- What is the promise I am making to my customers/clients and to myself?
- What are my objectives, strategies and action plans (steps) to achieve my goals?
2. Create Your Future Image
It is critical that you start ‘visualizing’ your future self. If you’re vying to become your own boss, you have to have the correct business attitude. And an effective business attitude automatically entails ‘knowing yourself’, cementing your image within your own mind and that of the audiences upon which you’ll be projecting it.
Your future image relies heavily on your innovative foresight, your ability to dream, visualize and craft brand imagery, tone, voice and style that best represents your entrepreneurial purpose.
3. Know What You Can Deliver
Be realistic, practical and measured in your expectations and objectives. For example, if you’re good at graphic designing, it doesn’t necessarily mean you’ll be just as great at content writing. Know your strengths and weaknesses! Do a SWOT Analysis on your own skills set so you can identify, understand and apply what you’re good at, by delivering consistently to your clients with 100% quality work.
Here are a few ways you can accomplish this:
Do What You Know: Have you been laid off or want a change? Look at work you have done for others in the past and think about how you could package those skills and offer them as your own services or products.
Do What Others Do: Learn about other businesses that interest you. Once you have identified a business you like, emulate it.
Solve a Common Problem: Is there a gap in the market? Is there a service or product you would like to bring to the market? (Note: This is the highest risk of the three approaches.) If you choose to do this, make sure that you become a student and gain knowledge first before you spend any money.
4. Plan More With Less Resources
Planning is crucial. Without planning, you’ll be shooting darts in the dark. For example, before you spend money, find out if people will actually buy your products or services. This may be the most important thing you do.
You can do this by validating your market. In other words, who, exactly, will buy your products or services other than your family or friends? What is the size of your target market? Who are your customers? Is your product or service relevant to their everyday life? Why do they need it?
There are free resources available for planning and research. Read industry articles with data (Google the relevant industry associations) and read Census data to learn more. However, the most important way to get this information is to ask your target market/customers directly and then listen.
5. Value Time and Be Time-Focused
Time is money, and in the cutthroat world of business, it will be your most valuable asset.
If you’re aspiring to be your own boss (and a successful one), you need to treat your time (and that of others) with the utmost care, value, respect, and generosity.
Being time-focused allows you to prioritize your everyday life, invest the right amount of effort and focus on things that matter and measure your progress effectively.
A minute saved, is a minute earned. Always remember that!
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