DISCLOSURE: THIS POST May CONTAIN AFFILIATE LINKS THAT WILL REWARD ME MONETARILY OR OTHERWISE WHEN YOU USE THEM TO MAKE QUALIFYING PURCHASES. FOR MORE INFORMATION, PLEASE READ MY EARNINGS DISCLAIMER.
One of the fastest ways to start a home business is by becoming an online service-based entrepreneur. You could call yourself a Virtual Assistant (VA), Social Media Manager, Graphic Designer or Bookkeeper – it really doesn’t matter. As long as you are positioning your services as the perfect solution to someone’s problem, you can launch your business! But, because the clients won’t magically appear, you need to dig deep and figure out if you have the right mindset. Here are 3 questions to ask before yourself before you quit your job.
Question 1 – Do I have the skills people want?
It’s not enough to just want to start a business; you actually have to have skills that other people want and are willing to pay for. Whether these skills are related to a degree you earned or you’re self-taught, having some savvy skills will set you apart from the competition.
Under this same umbrella, ask yourself if there are enough people who want to pay for your skillset. For example, Facebook Community Managers will always be in need but are there enough bloggers and course creators who can afford a high-end price tag? The same is true for website developers, graphic designers, and ghostwriters; the need will always be there but can you find enough clients who can afford you?
Question 2 – Have I done enough research?
Please don’t get stuck in analysis paralysis, but ask yourself some important questions:
- Are your skills marketable?
- Are there competitors offering the same skills?
- Have you researched how much your market is willing and able to pay for those skills?
- Have you calculated how much money you need to earn to live and pay your bills each month?
- Do you have a plan in place for medical benefits and a retirement savings account?
Don’t make any life changes without doing this important research. And it’s probably a good idea to include your husband in the planning; especially if you have a pile of bills to pay, and a little one on the way – or just in your way. Working from home with toddlers is a challenge. LOL!
Question 3 – Am I comfortable marketing and selling?
You need to banish the thoughts that you’re not good at sales or that you’ll just wait for people to come to you. Quite frankly, that’s just wishful thinking, not running a business. You absolutely can’t just sit home all day and watch those adorable kitten videos. You have to be comfortable getting into the spotlight and telling the world about your new business.
Need Help Developing An Entrepreneurial Mindset?
The truth? Starting a home business is an easy, natural transition for some women and a super stressful one for others. It requires taking full responsibility for your successes – and failures. And it definitely requires facing your fears head on.
The good news is most of this is mindset stuff, and if you make just a few key shifts in yours before you hop off the corporate ladder, you’ll feel much more prepared for the ups and downs and all-arounds of entrepreneurship – and have a much higher chance of success!
Hello there! I’m Jill, thanks for visiting my blog. I help women create work-life flexibility and financial stability by building a profitable online business they love. Feel free to send me a message and let me know how I can help YOU!