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Article Listing | Search Articles | More Articles in  | More Articles by Rachel Sadler

What it Takes to Run Your Own Business

by Rachel Sadler - 04/27/2007
 
"Self-employment is the ultimate American Dream."
 
Many relish the thought of setting their own hours, being their own boss, and watching the dream of owning their own business become a reality. However, entrepreneurship isnít necessarily for everyone. The rewards are great, even though the work required to achieve them can be long and hard.

So what does it take to get a business up and running? It takes a person with drive and initiative, someone with the next ďbig ideaĒ and the ability to act on it. When starting your own business, itís up to you to get the ball rolling on projects, meet the deadlines you set for yourself, and follow through on the minor details. Itís a powerful feeling to know that youíre in charge and reliable enough to get the job done.

In the event that your business requires employees, itís up to you to determine the type of people to hire and delegate tasks accordingly. You get to handpick your staff and direct them daily, as opposed to having someone calling the shots for you. In times of toil and trial, your employees will look to you for guidance and support, and what you say ultimately goes.

Because what you say goes, you have to be able to make decisions quickly. You can certainly go to your employees for their opinion about an issue, but you have to be able to make quick, resolute decisions independently. Also, itís up to you to plan and execute everything from start to finish. Many business fail because of poor planning and lack of follow-through. Itís up to you to be organized and plan ahead to make your business successful.

Thereís often this misconception that business ownership will mean less work in the long run. Maybe years from now when the company is off the ground youíll be able to work less hours in the day, but in reality, starting a business means working more hours, more days a week. However, despite the extra hours you must put in, the payoff is that you own and run a company. You have something to pass down to your children or other family members, something you achieved from start to finish.

The ultimate reason for starting your own business is that fact that you get to be your own boss. No one can tell you what to wear, what time to come in, what time to leave, how to wear your hair, or what radio station to listen to at your desk. You make the rules and you can break them at will. Finally, no day will ever be like another. Every workday will present new challenges for you to constantly prove to yourself that yes, you can do this. To start a company and truly succeed, it takes more than just a dream; it takes a dream and the right person to see that it comes true, no matter what.
 
 
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