It’s no secret that starting a new business can be overwhelming. Between trying to figure out the perfect logo for your company, making sure you have all of the right supplies and tools, and figuring out how to market your products or services – it seems like there is never enough time in a day! But don’t let this discourage you from pursuing your entrepreneurial dreams.
What to avoid
Before getting started on a new business, you will need to consider two things: what your goals are and how much money you are willing/able to spend. Decide what type of company you want to create; is it online only or brick and mortar as well? Do you have the financial capabilities to start this business? If not, can you get a loan from family or friends? Can you start slowly with just an online presence for now and work towards having a physical store down the road? These are all questions that you need answers to before officially starting your business.
You also need to decide whether or not hiring someone else will help make this process easier on you. You may be overwhelmed at first by all of the different things that need to be done in order for your company to take off, but hiring someone to handle some of the details may be a smart decision. There are many ways you can go about finding someone trustworthy and experienced enough to help with your new venture – from using local business networking events as an opportunity to meet other like-minded business owners to searching online through popular freelancing sites (such as oDesk or Elance).
The first few months when starting a business can be hard; whether you decide to have someone help you out or not, avoid being overwhelmed by making sure that you’re planning ahead of time. Create a checklist for yourself so that all tasks have been accounted for and planned out – this will make it easy for you to avoid feeling overwhelmed as the days pass by and your business begins to grow!
Stats from oDesk
The following are a few stats from oDesk that I pulled which may help you feel more prepared for starting up your new online venture.
- 85% of employers said quality was their top hiring consideration.
50% of employers said they do not believe applicants represent themselves accurately in their resumes or cover letters, making it difficult for them to judge their qualifications fairly. ( http://www.deskstopeople.com/press/2011-10-18-employersrevealwhattheywantfromresumestoday.htm ) – A survey by IBM predicts that 15 million Americans will be telecommuting by the year 2020. ( http://www.deskstopeople.com/press/2011-09-27-future-ofteleworkAmericain2020IBMsurvey.htm )
- Create a list of all the things you need to do
- Start with the most important tasks and work your way down from there
- Break up large projects into smaller, more manageable parts
- Set deadlines for yourself to stay on track
- Take care of other responsibilities first so you have time for your business later in the day (e.g., spending quality time with family)
- Keep a calendar or planner handy at all times
Creating a list of all the things you need to do is an easy way to stay on track. Start with the most important tasks and work your way down from there, breaking up large projects into smaller more manageable parts.
Make sure deadlines are set for yourself so that you’re able to achieve everything. When time permits, take care of other responsibilities first (e.g., spending quality time with family) before addressing business matters later in the day or at night after everyone else has gone to bed.
Keep a calendar
Where you can reference what needs to be done each day and make sure it syncs across devices! We know how difficult it can be as entrepreneurs juggling our businesses while maintaining balance between personal life too!
I hope this blog post has been helpful to you in some way. If it’s not, let me know tips for how you avoid feeling the overwhelm in your business in the comments below so that we can continue the conversation together!
This podcast is sponsored by the Success Club, an online membership program that will help you plan, build and grow a successful business online with monthly master classes, quick wins, a weekly coaching session, as well as a whole host of resources too!
Also, over at the Success Club, I have also got a free coaching session for you that will help you to plan and grow your online business.
Get it here,