So you’ve always wanted to be your own boss and work from home, and now you’re ready to throw caution to the wind and start your own business!
Whilst it’s true that starting an online business has much less risk attached to it than a traditional bricks and mortar business, there are still some common mistakes that people make.
Here are the top three mistakes that people make when they start their own business;-
1) Trying to do it all
It is ‘your business’ and it is therefore up to ‘you’ to manage the day to day operations. You have the flexibility to work when you want and to burn the midnight oil as often as often as you choose to. The big mistake that many new business owners make is that they try to do too much, too soon. They think that by working 24/7 for the first few weeks, this will get the business ahead.
When you start your business, there isn’t any point working all day, and then continuing to work all night, just to get everything up and running within a week. Whilst it’s great for the business to be open and trading so soon, the lack of sleep and the toll that it can take on your physical and mental health will certainly catch up with you.
The saying ‘slow and steady wins the race’ should definitely be taken on board. Starting your day with a relaxed body and a clear mind will ultimately steer your business in the right direction. It will stop you making silly mistakes that would otherwise have been avoided if you had had a good night’s sleep!
Set yourself a schedule just the same as if you were an employee, working 8 hours per day. Make time for a lunch break and time to simply be away from your office.
The common ‘Stop, Revive and Survive’ saying should definitely be applied to your new business!
2) Trying to go it alone
Starting a business is particularly tough if you try to go it alone. Let’s face it, you can’t be good at everything and nor can you know everything about managing a business and operating an online store and all that that entails, when you have never done it before.
That’s why you need to surround yourself with people who can provide training, support and advice.
It’s incredibly difficult, and unless you’ve managed to fit nine lives into the space of one, you’re unlikely to have all of the knowledge that you need to succeed in the digital age.
Success comes by surrounding yourself with tools, training and a support team, that can act as a backup, almost like a business partner, that will help guide you every step of the way.
Home Business Websites provides you with all of the tools, the training and the support to get your business off to a fantastic start. Our support centre is also always there for you, so that you don’t have to ‘go it alone’
3) Not having a clear vision
Successful business owners have one thing in common, they all have a clear picture in their heads of where they’re aiming to be one, five or even 10 years down the track.
If you don’t, it can be like driving from Sydney to Melbourne without a GPS or a map. You’re really flying blind and may get lost along the way.
When you know things in advance like how many hours you want to work, how big you want your business to be, how fast you want it to grow etc, this will help you determine which steps you should take to get there.
Many business owners end up working too many hours, not serving or targeting the right people and not doing what they’d hoped, all because they didn’t have a vision.
Having a clear vision at the start of the journey, when you start your business, does not mean that your vision can’t change. Just like driving, there will be crossroads and decisions to be made along the way about which way you should go and which way your business should go.
Your vision becomes like a story, where you can add or subtract chapters as you go, thereby changing or altering the ending.
Don’t try to do it all
Don’t go it alone
Do have a clear vision
Home Business Websites shows you how to be in business ‘for yourself’ but not ‘by yourself’. We provide you with all of the tools and the training that you need for your business to be a success!
Browse our Online Businesses and Websites for Sale, and let us help you get started with your own home business and online retail store, with products to sell. We make selling online and working from home E-A-S-Y.