5 Tips For Starting Your Own Business

Jane Wesman — Fri, 11 Jan 2008 11:56:55 -0500

Do you dream about starting your own business, but don't know where to begin? Does the idea of being your own boss and creating a great company that provides innovative products and services excite you? But all you do is dream, unable to move ahead?

Many women feel that way when the idea of entrepreneurship first hits them. I've spoken to dozens of women who say they want to strike out on their own, but they feel overwhelmed and confused. I felt that way too, when I started my business more than twenty years ago.

But what I've learned from my own experiences, from the research and advice I've received from some of the country's top mentors, and through the coaching and interviews I've done with other women, can help you too. Starting a business can be simple - if you want it to be. What you need to do is break down the process into individual steps. Here are the first five steps to get you going.

1. Commit to One Business

You must commit to one business. The biggest roadblock to starting a business is not knowing which business is right for you. Over and over again, I hear women say that they want to be entrepreneurs, but they can't decide which business is right for them. You've got to have a heart-to-heart talk with yourself and decide what you are passionate about.

This is not about the latest fad or fashion. This about you and what makes your heart sing. If you want to start an online business, then commit to it. If you want to open a clothing store, then go for it. If you want to be a contractor, then move ahead. But don't hang yourself up by wanting to do all three things at once. That's just a cop-out that keeps you confused and paralyzed.

2. Research that Business

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5 Tips For Starting Your Own Business