10 Steps to Starting a Small Business

Perhaps you're tired of the 9 to 5 grind or you're justinformation - pay it!
looking for a change in you life, starting your own small5. Marketing is everything. Based on my experience
business can be rewarding and profitable. But, there isplease don't spend a lot of time formulating your
some planning to do and some questions to askedproduct or service. Spend most of your time selling it
before you start.first, then once you've sold it, you will have more
The following 10 steps to starting a small businessresources to develop your product. Give the customer
have been compiled based on my experience afterwhat they want, not what you think they want.
having started 3 successful businesses that are6. Hi-energy is the key. Have you ever heard the
currently doing very well.expression, "how you do anything is how you do
1. Make sure you do something you love. Starting aeverything?" If you have a poor level of energy for
business for the sole purpose of making money ormost things that you do then your business will fail. You
avoiding the work force is a bad plan. Unless you'remust raise your energy level to 100% and do things
truly in love with the products or services you arewith all the positive energy you can muster.
creating you will fail. Few people know this. Think of it7. Focus on what's going right - not on what needs
this way; if obstacles get in your way, which theyfixing. If you focus on fixing problems you'll get more
always do, only your passion, purpose and love ofproblems. If you focus on the things that are working
what you do will overcome any and all obstacles.you'll get more of the same. The law of attraction is an
2. Don't quit your job just yet. Most small businessirrefutable law of the universe; use it to your
owners make the mistake of quitting their jobs beforeadvantage.
the money starts to roll and that's why 85% of small8. Help other get what they want first. If you are in
businesses fail in their first year of business - becausebusiness for personal gain only you will fail quickly. If, on
they run out of money. Most small businesses can bethe other hand, your business helps a great many
started in your spare time then, when the moneypeople get what they want then you will succeed a
starts to come, you can quit your job - not before.hundred times more than they will.
3. Plan the work and work the plan. Sounds simple and9. Pay yourself first. You must always pay yourself
familiar yet a well formulated plan with a clearfirst before anything else. Set aside money for you
outcome are the keys to success. Most people start afirst and you will quickly realize that money will always
business without first putting to paper a clear plan ofbe there. If you forget to do so or wait 'till there's
execution. Download a business plan template frommoney, there will never be any money.
the internet and study it. Then when you're ready with10. Dream big. Nothing big ever got created with a
a general plan, complete the full business plan.small idea. Have a clear picture in your head of the
4. Trial and error may be popular but it's a waste ofoutcome you want to produce and you will get there.
time. Sure mistakes are great because you learn whatDetach from what you belief are the failures and you
not to do. But, what if you could learn from thewill get there even faster.
mistakes of others before making them yourself?I hope you've enjoyed these 10 steps to starting a
Wouldn't that make more sense? The quickest way tosmall business. Naturally there are many others but
get where you're going is to going to someone who'sthese are in my opinion the most important and should
already got what you want and ask them exactlybe carefully considered before you start anything.
how they got it. If they want to charge you for the