For many of us the idea of making the sea change (or the tree change) is a dream that seems all too distant but it doesn’t have to be.
What is often needed to make it into reality is a realistic source of income – or even better, multiple sources of income.
My income use to come from the corporate world which taught me self-discipline, tenacity, prioritising skills and a strong work ethic. It didn’t give me the deep satisfaction nor life style I wanted. Yet without the years of experience gained and lessons learnt while being paid by other people I couldn’t have this good life I now enjoy.
I’ve been able to come out of the corporate world and create my own business to facilitate my own sea change and set me up for the next series of steps towards financial security (hopefully that translates to wealth but that’s another topic).
So where do you start with creating your own business? The first place isn’t what most people would expect – it isn’t having that blindingly brilliant idea of a product or service – it is doing your homework and self education! I know this sounds a little back to front but it isn’t really. You need business and marketing skills that unfortunately aren’t taught very often in school or at university.
There’s a sad static that is often bantered round that 85% of small businesses fail in the first 5 years of operation. And much of this failure is down to lack of planning, research and knowledge.
There’s also a wonderful static that is often neglected – 85% of small businesses that are started by women succeed in the first 5 years of operation! This static has been around for decades and research seems to indicate that women are more successful because they do pay attention to planning, research, building knowledge, asking for advice, helping each other, skilled at juggling many tasks simultaneously and looking ahead.
From my experience I’ve found the education and planning in the early stages to be the most important. I started my researching, self education and planning for a business years before I stumbled upon Creatively Belle. The first areas to research should include:
* Business planning and strategising
* Marketing planning and strategising
* Financial management – knowing how to do the books, cashflow planning and analysis, profit and loss analysis.
So while you’re dreaming of making the sea change start bringing it about by building your education while being paid by someone else. Get your headstart by making it happen yourself. 🙂
All the best,
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