There are many reasons to start your own business, and many of us have come to this point. Which of the following is true for you?
Get rid of the daily habit.
I do what I want when I need to.
Improving my quality of life.
Creative I need creative freedom.
Skills I want to use my skills, knowledge and education to the fullest.
I have a product / idea / service that people want.
Q: I can spend more time with family.
• I don’t have a dress code.
There are good tax holidays for Owners business owners.
• I am a B type person and work alone.
• I want to be my own boss.
• I want to make decisions.
Now, all of the above are good reasons for your own business. When it comes to rotting, many people think through the process – step by step. There are seven stages to business planning. There are:
1. Investigation stage
2. Design stage
3. Start-up phase
4. Operations / Monitoring Stage
5. Problem / Challenge Solving Stage
6. Renewal / Expansion Phase
7. Selling, Transferring, Retirement Stage
All of the above will be covered in my next few columns as a “Business Basic” refresher, but today we are number one.
During the investigation phase you will find out about yourself and your business options. There are occupations that fit personality types, so the first thing you need to understand is, “What personality type am I?”
Those who perform duties
This is a serious, quiet, deep, orderly, matter-of-fact, rational, realistic and credible person. They take responsibility, are well-organized, know what to do, and work hard to avoid distractions. They are careful accountants, and 20% of this group is accountants.
They are also international and cool viewers. They are silent, reserved, observing, and analyzing life with curiosity, and the unexpected flames of original humor. They are generally interested in cause and effect, how and why mechanical things work, and organizing facts using logical principles. They are usually craftsmen, artisans or handicraftsmen and about 10% become farmers.
Those who do
These people are capable of solving problems from there, don’t worry, enjoy whatever comes, adaptable, patient, and generally conservative values. They love mechanics and games and don’t like long explanations. They are best dealt with “real” things that can be worked, manipulated, separated, or put together. Approximately 10% of this category is marketed or impresarios.
They are another outgroup and are leaders in heartfelt, honest, decisive action, and are generally good at anything that requires logical and intelligent talk, such as public speaking. They are generally well-informed and have the pleasure of joining their Knowledge Fund. They may appear to be more positive and confident than the experience of a local warrant. They are sometimes referred to as “judges” and “thinkers” and 21% of this group become law administrators.
Going into each personality type can be quite complicated, but looking at the list below will give you an idea of the roles that personality types can play. In addition to the categories we have covered in depth here, some are simply divided into Introvert or Extravert Personality.
Internationals choose careers that satisfy:
Inspired by Ins
The second part of the review phase looks at your business options. When selecting the business you want to start, consider the following:
Do you like working with your hands or brain?
Is it important to work indoors or outdoors?
Mat Are you good at math, writing, puzzles, planning, setting things up or fixing things?
Interests What do you like? What are your hobbies
Own Do you like working alone or as part of a team?
Things Do you like to plan things, or go to events?
Machines Do you like machines, computers?
Drive Do you like to run or operate equipment?
Do you like to travel, add / show, show / attend or take pictures?
Are you small, big, strong?
Make a list of your tastes. Keep a diary of what you do for the business and rank each entry 1 to 5 based on your interest. Then make a list of your strengths, weaknesses, opportunities and concerns. After all that, you should have a list of candidate businesses that suit you. You can then create a list of “candidate businesses” and rank them from 1 to 5 based on your own criteria.
Some of the criteria may be, low cost to install, meet my goals, make money, have a “niche” market for existing customers, or have residual income