Reducing Startup Anxiety
Just the simple thought of running your own business can sometimes bring on a huge amount of unwarranted anxiety. In today’s busy marketplace, it is very easy to get caught up in the excessive amount of misguided info. One of the first things you need to do is protect yourself from information overload. While running your own business is not necessarily an easy task, it doesn’t have to be a grueling task either. There are ways that you can streamline your business and make things easier and more enjoyable.
Before you start to branch out and present yourself to the public, you need to have a solid game plan. If you don’t have a business plan, START ONE. It doesn’t have to be a long, drawn out, detailed analysis of your business. You can always start out small with a few short term goals, then tweak and revise your plan later. Your business plan is what guides you and keeps you focused. Without it, you will be spinning on a hamster wheel trying to catch up with yourself.
- With the amount of FREE tools on the internet these days, you can also alleviate some of your financial anxiety. The Google suite is a must have for most budding entrepreneurs. Being able to sync your Google calendar, email, blog, and purchasing platform is a great way to keep track of your business activities.
- Evaluate your business needs-Do you really need those high quality glossy business cards, or can you survive with the economy version? Many business owners make the mistake of spreading themselves too thin in the beginning. There are ways in which you can cut corners at the beginning that will allow you to spend more money later on. Depending on your business needs, you may even be able to cut out overhead expenses such as an office or separate phone lines. Sign up for a free Google Voice number instead of purchasing separate lines. And if working remotely is an option for you, by all means take advantage of it. You can even look into Co-Working spaces if you need a short term solution to using office equipment or conference room space. Co-Working spaces provide a place for you to work with all the comforts of an office without having to pay a hefty monthly price tag. Most locations offer different levels of membership depending on your company needs.
- Don’t bite off more than you can chew. Everyone goes into business to make money right? But just because you have a desire to make money doesn’t mean that you have to jump at every opportunity that presents itself. Every new project has a lesson to be learned, and if you are moving too fast you may miss those lessons. Pace yourself, ask yourself if your execution process is fitting for your business, and gather feedback from your clients. This will help you to run your business like a well oiled machine, and help reduce chaos. Once you’ve established a business model that works for you, things will pretty much run themselves. What works for one business owner may not always work for another, so be careful in evaluating your goals.
Starting a business does not have to be a headache. There are ways that you can enjoy the process of establishing yourself as an entrepreneur and continue to feed the passion that got you started in the first place.
Do you have proven model of success for your business? What are some tips that you can share with other small business owners?