Updated: April 28, 2020
Many people dream of starting their own business, but unfortunately only a few are able to do so. The reasons vary – from having no business idea, to lack of startup capital; from having no time, to just being too scared of failure.
In short, a lot of them delay becoming an entrepreneur because they feel that it’s not yet the right time; which brings us to the question…
How do you know if you’re ready to start a business?
Is it when you stumble upon a great business idea? Is it when you are able to save enough money? Is it when you already have more free time?
Or is it when you have all of the above and more?
START BEFORE YOU’RE READY
Imagine that you have 100 pieces of a 1,000-piece jigsaw puzzle and every hour, the next 100 pieces are given to you.
Do you wait for 9 hours, when you have all the pieces, before you start solving the jigsaw puzzle? Or do you immediately start and work with what you already have?
I’m sure you’ll choose the second option, because it will be more time efficient.
Starting a business is the same – that is, you don’t wait until you have everything you need before you begin building it.
I don’t have a business idea yet
Well, at least start saving for your capital already. Also, work on your schedule so that when that business idea comes, you’ll know how to manage your time already.
I don’t have money yet to start a business
Raising business capital is Step #10 in my Step By Step Guide To Starting A Business. Yes, it’s the 10th task – which means there are 9 other things you can do first.
I don’t have time yet to start a business
If you have time to read this article, then you have time to start a business.
Use whatever free time you have to already work on your business, even if it’s just a few minutes a day.
I don’t have all three – no idea, no money, no time
It doesn’t matter because it’s all about baby steps.
My recommendation, start with your mindset and nurture the entrepreneur inside you by reading business books and attending networking events.
It’s about Progression, not Perfection
Entrepreneurship is not a profession nor a career path – it is a lifestyle.
There is no perfect time to do it, no perfect situation to begin with, and no perfect moment to start building one.
It’s all about taking small, progressive action, every single day.
So that when you receive the last 100 pieces of the jigsaw puzzle, you’re already more than halfway done to becoming a full-fledged entrepreneur.