5 Questions To Ask Yourself Before You Create Your Business Plan

Deciding is one thing, doing it is another. And millennials, as we grow up, the process of figuring out what we want to do with our lives seems to get a bit more difficult along with the weight on our shoulders to become something you or others can be proud of.

So what is for you?

Should you work in corporate or take on the title of an entrepreneur?

Ask yourself these questions before you make a decision. This could ultimately save you tons of time and help you decide if you are about this life.

Question 1: What Am I Good At?

Every entrepreneur has a talent. Whether it is the gift of gab or interior design, every wantrepreneur has a talent and it is your job to figure out what it is you are good at.

Question 2: Is My Talent Or Skill Something That Others Need?

Creating value for yourself is key in being an entrepreneur. You have to sell yourself. You have to make people believe that whatever you are offering, they need. This is the reason why Question 1 is extremely vital. 

Knowing what you are good at dictates how far your business will thrive and whether you will be able to eventually expand your business. 

You follow me?

Question 3: Who Would Need My Talent Or Skill?

Once you realize your talent and understanding your value, begin to correlate a plan outlining who you will render your services to.

How will you reach out to these people? How would you get clients? Is there a certain demographic you are targeting or is your business or skill something that is already in your network?

Question 4: Do I Have The Tools Needed To Execute?

Believe it or not - many people fail to get started as an entrepreneur because they feel they don't have the proper tools or budget to get started. This is the reason why many choose to work for others because they lack the innovation to create their own door if one is already locked.

Being an entrepreneur is about creating your own path with no tools at all and making your own road with no cement or paint.

There are ways around everything. Whether you dream to have a large boutique in the middle of Manhattan or want to own a hair company, start where you are, use what you have and do what you can.

Question 5: Am I Ready For This?

Being an entrepreneur requires time, patience, late nights, early mornings and a lot of consistency mixed with innovation. As an entrepreneur, you have to motivate yourself on days you don't feel like working. You have to create schedules for yourself and set goals so you're larger goals are met.

Being an entrepreneur is not an easy task. But if you want it bad enough, govern yourself from that standpoint and become the business person you want to become.

The best advice: When in Rome, do as the Romans.

That mantra applies to becoming an entrepreneur. If you want to be a successful business owner, conduct yourself as business owners do.

Join 18,490 subscribers and get an original tip twice a week.

No sales pitches, no games, and one-click unsubscribe.

Discussion