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How I Decided to Start My Own Business

  • By Karen Steele, YourTango
  • April 30, 2014


I am often asked the question “What is the first step in starting your own business?”  A number of things immediately come to mind: Develop your business idea, write a business plan, decide on a business name, find a mentor, work out the finances, and so on. All those details you think about that go along with starting your own business.

But then I really thought about it. When I started my first business what was the very first thing I did to make it a reality? And I realized it wasn’t any of these things. 

The very first step in my entrepreneurial journey was simply making the decision to do it. 

I had no business plan or even a well-formed idea at that point. I just decided that I wanted to do it and was going to do whatever it took to make it happen. And I did. 

Making the decision is such an important first step. It is what will provide the energy and momentum you need to move forward and start taking action to turn your business dream into a reality. Until you make that decision it will simply remain just a dream. 

For me there was no particular path to making my decision. I didn’t take any of those personality tests to find out if I have “what it takes” to be a successful entrepreneur. At that point I imagine the results would have been a big no. I certainly did not dwell on is this the “right time” to start my own business. Having just had a baby bought a house and lost our primary source of income at the time it would once again not have been a favorable answer.

I have come to realize now that if I had waited for the “right time” to start my business I would still be working for someone else in a job I don’t love. I compare it in some ways to making the decision of having a baby. If I had waited for the “right time” where I had the “right” amount of money and the perfect situation I would not have my beautiful daughter. I am so glad I never waited for the “right time” in either of these decisions.

Everyone’s process of making the decision to take the entrepreneurial leap is different and very personal to them.  There is no “right” way.

So, how do you decide?

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