Why You’re Ready to Start Your Own Business

The sheer number of people in the UK are so unhappy with their 9 to 5 jobs that it has forced them to consider starting their own business although this does not necessarily guarantee any kind of success. A lot of the time, success depends on the reasons why you decide to take the plunge and start your own business in the first place.

Time and again we hear people talking about starting a business purely because of how they don’t seem to get on with their normal office job or that they dislike their boss. You need to first take the time to think about why you are starting a business and not doing it all for the wrong reasons.

Before you finally decide to take your last pay cheque, consider these 7 reasons why you may be ready to go out on your own:

1.) You’ve been considering this for a while

Starting a business isn’t just an idea that pops into your head on a nice Sunday afternoon whilst you’re worrying about going back to work the following morning.  For many successful people in business, it’s an idea they’ve considered perhaps for many years.  The urge to start a business becomes a constant itch that needs scratching.   So if your thinking about a change of career constantly, then maybe it’s time to take the first step and see what you are made of.

One of your first considerations will be where to locate your office. Serviced Offices provide many advantages with utilities all included in one package.

2.) You can do it better

For so many successful business leaders and entrepreneurs, the light bulb to start their own business goes on by watching the mistakes of their colleagues or even their own bosses. Perhaps you are in a position where your employer doesn’t execute correctly or the company struggles to maintain their relationships with customers or clients. What ever the reason, the impetus for many people getting into business is the realisation they can do the job not only differently, but better!

3.) It’s going to make you happier

In the long run, if you get any measure of success then, of course, it will make you feel happier and more content. However, the road to success is often paved with many difficulties and obstacles meaning you will have to sacrifice certain parts of your life. If you think starting your own business is going to bring you happiness because you’ll be your own boss and can set your own hours, then think again. The people who struggle the most when they take on the responsibility of having their own business, are those who do it because they hate their current jobs.

4.) You’re a confident expert

In order to be a successful business owner, you have to be an expert in the particular field you are going into. You have to have knowledge but you also have to be good at relaying this knowledge on to potential customers and clients, which in itself, is a completely different skill.  Having that skill is key to running any successful business.

5.) The More You Learn, the More You Earn

In your past career as an employee, the chances are you would have spent your time focusing on your specific job role which you would have performed at to a good standard. When you start your own business you have to wear many hats whether it be the salesman, the receptionist, the accountant or even the IT manager.  You  have to have the desire to learn all of these different skills.  If you are the type of person that always strives to do better and better and wants to learn new things then chances are you’ll have the motivation to take your own business to the next level.

6.) You have an idea that you’re passionate about

If you’re thinking about entrepreneurship or starting a business in general, you probably have a good idea on what kind of sector or industry you want to go in. Is it one that you have naturally taken an interest in that could potentially make you a large amount of money?  Is it one that you are passionate about, but you aren’t sure of all its facets?

Believe it or not, the most successful entrepreneurs didn’t go initially into business because of the money. Even if you have a great idea on paper, if you aren’t passionate about it then you will lack the perseverance to carry on when things start to get difficult – like they can often do. The most respected entrepreneurs and business owners often began purely with passion in their hearts.  If you have already found yours then you’re probably on to on to something.

7.) You know what’s important to you

Sadly, many people go through their whole lives without finding out what is most important to them. Some may think that being their own boss is what matters to them, but regretfully go on to feel unfulfilled when they actually attain that position. You have to be able to look at your motivations before committing yourself fully to becoming an entrepreneur or business owner.

Try not to be discouraged if the first few months of starting your own company don’t go plan or go the way you expected. Entrepreneurship, in general, is a volatile world, but as long as you stay committed to the process and look to improve on your ideas and improving yourself and your business then the world is your oyster. But don’t be afraid to fail and try new things, as the famous author J.K Rowling once said, “It is impossible to live without failing at something unless you live so cautiously that you might as well not have lived at all – in which case, you fail by default”.