Where to Start When Starting Your Own Business
I recently got asked a really great question: Where do I get connected with people who can help me open a business?
Though there is evidence that business is currently on the rise and the economy is moving in a positive direction, the recent downturn in the economy prompted many people who found themselves unemployed to tap into their entrepreneurial spirit and consider starting their own business.
This begs the question above–are there efficient ways to get in touch with people who can help you start your own business?
The answer is yes, and here are my three recommendations:
1) Go through your contacts and talk to people you personally know who have started a business. Set an appointment. Let them know what you are doing and ask if they’d give you an hour of mentoring. If possible, meet with them in person. Show up with specific questions written out in advance. Send them the questions prior to the meeting so they have a good understanding of what kind of information you’re looking for. When you meet, focus on those questions, write down the answers, and stick to the time frame you promised. If the conversation goes well, ask if you can meet with them in the future. Follow this process with two or three people who have opened a business successfully. I guarantee you will find this to be very valuable.
2) Find a business coach who has experience with start-up businesses. Hire them to coach you through the process.
3) Read, read, read! There are a lot of books out there on opening a business. I have personally reviewed many of the books published by Entrepreneur Press on starting a business and they are excellent. Go to EntrepreneurPress.com to see some of them.
I strongly encourage anyone genuinely interested in starting their own business to pursue the endeavor. I have owned my own business for thirty years (that’s a picture of me at top right, when I first started my company, BNI, and was running it from my house and garage with only one other employee in the mid ’80s) and it continues to be an amazing and fulfilling journey. I don’t think I would ever go back to working for someone else.
2 thoughts on “Where to Start When Starting Your Own Business”
To start with a new business you need a good mentor.
Thank you for this little bit of inspiration, Dr. Ivan. I am grateful that you spend your time supporting new business owners! I find your knowledge motivational and I often find myself reevaluating the practices and processes in my business because of what you have shared.