These Motivations for Starting a Business are Not Right
Before you even consider starting a business, you need to have the right reasons. You might fail if you decide to pursue something out of the wrong reasons. For aspiring entrepreneurs, using these reasons will most likely lead to failure.
Proving other people wrong
You can stay motivated with the help of other people, but it should be in a positive way. If you’re only doing something to prove someone else wrong, it’s a terrible idea. You work hard not to help others, but to bring someone else down. If someone doesn’t believe in you, you can ignore that person. Focus on your goals and keep doing the right thing.
You dislike your current job
Another incorrect reason is that you don’t like your job. Sure, not all jobs are worth doing, but it doesn’t give you a reason to start a business. It’s also wrong if you do it because you don’t like your boss. Your success shouldn’t have anything to do with your hatred for something else. If you’re no longer happy with your job, you can take a break. Give yourself time to recover and you will feel good again. If you still believe that you’re in the wrong company, you can always consider moving elsewhere. After reflecting, you might want to pursue that business plan. The point is that you have to do it with a clear mind, and not due to anger.
You’re only in it for money
You want to start a business for financial stability. You’re doing it for yourself and the rest of your family. Of course, you’re taking the risk by investing a huge amount of money, and you hope that the returns are high. However, if your primary reason is to rake more money, it’s a terrible idea. Being obsessed with money when running a business will stress you out. Think about what you offer and how it helps make other people’s lives better. If they decide to patronize the brand, they should feel good about it. Money will come later. If more people felt satisfied, you can expect them to stay loyal to the brand. It will lead to more profits for your business.
You don’t want to work hard
If you’re too lazy to work on a regular job, you might think about starting a business. You’re the boss, and you can do whatever you want. It’s a wrong notion. The truth is that you will end up working more if you’re a business owner. You will spend countless nights thinking about how you can run a better company. You will also worry about every aspect of the business. If you’re not hands-on, your company will probably fail.
Take your time to think about the details of your business plan, and see if you have the right motivations. Otherwise, you need to rethink everything. You can pursue your plans only when you have the right intentions.
Photo Attribution:
1st and featured image from http://spokenvision.com/wp-admin/post.php?post=4160&action=edit
2nd image from https://fortune.com/2016/07/03/leaders-motivate-employees-business/
