When you're thinking about starting a business, or your have just started one there could be a complete mix of feelings and thoughts going through your head... am I right?
There's pride, you have discovered and decided there is something you are really good at and you are going to share it with the world... then there's fear - fear of failure and finances... Then there's excitement, because you know your idea will really work.... Doubt creeps in... Will it work? What if it doesn't?
ARGH! where to start?!!
It's completely normal to feel like that even if it is just from time to time. And from our experience; most micro business owners feel like this very regularly! (micro business; businesses with 5 or less staff)
I know a few business owners that have been going for 5+ years and they still regularly feel this roller coaster of emotions.
It just comes with the territory of owning your own small (or micro) business I think. And just imagine you owning a HUGE business with 50 employees... that would be scary too, right?
So, accept it is part of the process and don't fret about it - you are NORMAL to feel these things.
How you HANDLE THEM is totally up to you though...
Businesses that thrive usually have business owners that keep going where others stop...They realise it is just a phase, it is just temporary and they know tomorrow might be completely different!
Make sure you have plans set up for the down periods - and let's be honest; you will probably find there will be lots of 'down' time in the beginning... I am sure you have the most amazing idea and it might even be the best idea of this year but that does not mean your audience finds you straight away...
Over the years I have met SO many business owners that have asked 'why is my business not making a profit yet?' and on average - the people that ask - have been in business less than a year...
It's just not realistic to think that your business will pay for all your family's bills within a year... or two.
Yes, there is AMAZING success stories out there and there is a TONNE of advice out there that tells you 'if you do follow this 3 step program, you will make thousands this month'
But really... that is not realistic.
Especially not for business owners that create their own items... handmade items take a LOT of time!
Is that too negative?
I'm sorry if it sounds that way..
But I am also not one to just write down sound bites that don't help you.
I think ANYONE with determination and the willingness to put time and effort in, will THRIVE in business.
But yes, I do think it takes time... for the average business owner at least 2-3 years to really see growth.
So should you give up before you even got started?
Start - run with it - do it!
It will feel amazing when people love what you do.
It will be amazing to see family and friends back you up (ask them to!) You will feel proud and a real sense of achievement.
In business - here is nothing quite like the experience of owning your own and building it bigger and better all by yourself.
Once it takes off you will have learned SO much you can pass on to others... and not just in business either - there is some really valuable life lessons in it too!
If done well balanced and with eyes wide open, you will SO much fun too!
You will meet amazing people and make friendships all over the world!
You've got this and we're here to support you too should you want it :)
If you are just starting out, please comment below with your biggest fear - we will reply with thoughts and maybe even write a whole blog post about it!
Already been in business for a bit? Please feel free to comment below with your best ideas on how to work through the first year(s) - feel free to share your knowledge and help others grow!
With years of experience in my own businesses as well as guiding small businesses through their business journey for a few years now, this blog is the culmination of thoughts, ramblings, advice, tips, tricks and more for small business owners mainly working in the online market.
Find out more about The Hive and what I can do for your business by joining our Facebook group here