Entrepreneurial Young Woman Juggling With Statistics And Graphs

30 Signs You May Need to Start Your Own Business

1. The lightbulb went off

Perhaps you’ve been aware that you exhibit some classic entrepreneurial traits. You may have later developed some of these traits, such as a driving passion. So if you begin to notice the signs, perhaps you could launch that business of your own.

2. You’re always thinking

Entrepreneurs never stop cogitating. It’s a blessing and a curse. If this is you, maybe it’s time to move on from the daily rat race and do something to put your thoughts in motion. And there’s no better outlet than starting your own business.

3. You’re passionate

If there’s one business concept that stays with you that you’ve completely fallen in love with, perhaps you could turn it into a reality. Entrepreneurs and business owners are truly passionate about what they do and will do everything possible to turn their vision into a product or service for the rest of the world to enjoy.

4. You’re independent

You’re a problem solver who will try to figure out most problems on your own. Now may be the moment that you feel independent enough to build an enterprise.

5. You’re motivated

You don’t always need something or someone to get you moving. You wake up every morning and do what’s needed. This sense of self-motivation might steer to initiate and carry out a business launch.

6. You’re organised

Running a business requires plenty of organizational skills. At some point you may want or need to hire some experts, such as accountants or lawyers, but in the beginning you’ll probably rely on yourself to track finances, delegate responsibilities and present ideas to investors. You can’t do any of that without being organized.

7. You feel a need to help people

Should you feel a strong desire to aid others by providing a product or service, consider it one tell tale sign you’re primed for starting a business. This desire to help people enhance their lives can keep you going during the highs and lows of running your own operation.

8. You’re certain that you can build a better company

Maybe it’s your confidence or egotistical side coming out, but you’re realizing that you can build a better company than most already in business.

9. You feel stuck at your job

If you dread waking up every morning, then you’re probably unfulfilled. A promotion or another job might abate the problem, but deep within you the prospect of an ordinary 9-to-5 gig just doesn’t excite you. Figure out whether you need to be your own boss or if you just need to do something different.

10. You feel a need to prove your vision

Let’s say you have an idea but everyone is telling you it can’t be done. What are you going to do about this situation? This experience might be motivation enough for you to try to one-up the naysayers.

11. You want to make a name for yourself

Several of the greatest entrepreneurs and business owners realized that they wanted something more from life. Steve Jobs for instance knew he was special. If you feel that way, too, then big things could come out of it.

12. You have always wanted to be your own boss

Whether you’re a control freak or just don’t like being ordered around, you have determined you have always wanted to be the boss.

13. You can afford to take risks

You may be single, without young children or perhaps the kids have grown up and left home, you probably don’t have to worry about supporting others. Take advantage of this time in your life when you have the chance to be a little adventurous.

14. You can’t stand the daily commute

If you sit in traffic every day muttering to yourself about what a waste of time travelling to work is, maybe you should set up your own business at home.

15. You possess an incredible work ethic

If you don’t mind putting in 12-hour days multiple times a week (as people do when starting a business), then why not put that to work for something you’re really enthused about?

16. You always see potential

No matter where you are or what you’re doing, you always feel the need to make improvements. You now understand that as a business owner, you could realize enormous potential — making money and enhancing the lives of others.

17. You harbour a strong desire to develop a product or service not yet available

You’re a problem solver. You have experienced that “aha” moment, the realization that a certain product or service isn’t on the market. You could use that moment of recognition to inspire you to make that idea a reality.

18. You can’t stand being in the office

If you feel restricted at your current workplace, you could set yourself free and work where you want to work: at your own company.

19. You want to set your own schedule

Maybe you’re most productive from 4 a.m. to 9 a.m. or you’re a night owl. Instead of being told which hours to work and when to take breaks or a vacation, you could finally determine your schedule.

20. You’re creative

If you’re tired of having your creative ideas go to waste, then maybe it’s time to get out there and express yourself by setting up the business you’ve always imagined.

21. You need to inspire

Are you the person whom people turn to when they need advice or a little pick-me-up? And you actually like that role? Owning a business gives you the chance to inspire the people who surround you.

22. You want to build a legacy for your children

You have kids and are thinking of leaving them something that they’ll be proud of. Even if they don’t want to take over a family business, they could witness how your hard work and dedication paid off.

23. You like to acquire new skills and knowledge

Some people have just an unquenchable thirst to learn new skills and knowledge. You probably won’t get that from doing the same job for many years. But you can attain that experience as a business owner.

24. You could arrange for your own job security

You’re noticing that one of the worst things about working for someone else is contemplating the possibility of being laid off or the company being sold. Why not create your own job security instead?

25. There’s a gap to fill

If you notice that there’s not only a market but also that no one else is capitalizing on a particular idea, then maybe you’re the one to do some disruption.

26. You realize that you’ll see results

When you’re working for someone else, it can be difficult to see how all your hard work is benefiting the company. If you want to see the direct results of your actions, then running your own business would give you that opportunity.

27. You relate well to people

Sometimes you just want to get out there and network with other people. Unfortunately, your current position doesn’t allow for that. If you’re a people person, then having your own business would surely give you a reason to network more.

28. You’re a born leader

Having a great idea is one thing. Being able to communicate that idea and convince others to jump on board is another. If you have the leadership skills to round up the troops and motivate them, consider starting your own venture.

29. You can use your street smarts

If you’re one those unique people with street smarts as well as professional skills, then you might put those talents to work at something you’re truly excited about.

30. You’ve always wanted to do something you enjoy

Thomas Edison once said, “I never did a day’s work in my life. It was all fun!” Many successful people have uttered something similar. Instead of merely thinking about doing something that makes you happy and content, take a leap of faith and pursue your own start up vision. If you follow your dream, everything else may fall into place.

 

The information provided in this article is intended for general use only. The article is intended to provide educational information only. Please be aware that investing involves the risk of capital loss. The information presented does not take into account the investment objectives, financial situation and advisory needs of any particular person, nor does the information provided constitute investment advice. Under no circumstances should investments be based solely on the information herein.

Book Your Free Appointment
Simply fill in and submit the appointment booking form and Dean will be in contact with you shortly!