Making that first entrepreneurial move and starting a business is one thing, but where do you go from there? So many people start a business, and it’s ticking along…but that’s it. They don’t seem to go any further–perhaps due to fear of failure–or simply do not know how to take it further.
Don’t you wish your one-man band could become something much bigger? Don’t you have the drive to push your microbusiness towards bigger and better things? Many small business owners dream of more for their businesses but do nothing about it, and this is often because of an innate fear of risk.
The current economic climate and the fallout of Brexit has left many small business owners feeling scared when, in reality, they should be taking advantage of everything that the current situation has brought them. There is no perfect time to make that next business move, and using the economy as an excuse or a lack of budget or anything at all will just result in their businesses stagnating and many missed opportunities.
It is easy to give up, blame the wider economic situation and anyone else but yourself for lack of growth in your business. But, in reality, the only person who can make a change and grow your business is you. Create your own universe, adapt, and grow.
Mind-set is everything
To succeed in business, you need to be set up to do so. There is no such thing as just “getting lucky.” However, as much as you might think that all those billionaire entrepreneurs got where they are today by simple luck, it genuinely is not the case. You are the only person who can make your business succeed, and it is up to you to push your business forward and make sure people know about it, because no one is just going to come to you.
Anyone can have an idea and become an entrepreneur if they work for it. From creating a unique app to turning an original vision into a successful and popular product which generates thousands of hits a month, there are many different ways to go into business.
However when you start a business, it’s up to you to be committed to your goals, create fantastic propositions, and most importantly, make sure you get noticed. So many small businesses wonder why they aren’t achieving worldwide fame, and when it comes down to it, they are not working to get themselves known.
Embrace risk for real success
For some business people risk is like the bogeyman. However, the idea of doing something that could potentially damage their business when there is another option to stay “safe” is unthinkable for other some business people. Fear of failure is not going to grow your business. Playing it safe is not entrepreneurial; playing it safe does not accelerate business growth.
To have an edge over others in your market and be a true pioneer, you need to consider risk as your partner and not the enemy; fear of failure cannot come into the equation. Risk comes hand-in-hand with opportunity, and almost no opportunities will come your way in business without at least some degree of risk. With the right mind-set and having a level head that’s ready to accept that not every business idea may be a success, you are positioned perfectly to take business risks, and grow and learn from them.