Start Now, Don't Wait

start now

            Don’t wait around.
Start now. Lack of inertia is the #1 killer of great ideas. According to a survey
performed by Yahoo! Small Business, 66% of Americans over the age of 18 have
considered starting a business, but many never take the leap.

“There's a way to do it better - find it.” – Thomas Edison.

            If you have a great idea for a business, act on it! Don't
put off writing a business plan, or at the very least, putting your ideas down
on paper. Business writer Tim Berry offers valuable advice on the topic: “Don't
wait until you have enough time, don't wait until you have the right people,
and definitely don't wait until there's an urgent reason. Instead, just do it
now.”

            Writing your ideas down is the first step to actually
getting your business up and running. We suggest that you take time throughout
this book to jot down ideas as they occur and spend time to answer the
questions we pose, but don’t be quick to answer! Make sure the answers are
thoughtful and truthful to your situation. Because every business is unique,
many of these questions are ones only you can answer.

BE PREPARED

            Ask yourself why you
want to own your own business. The reasons may vary from wanting to be your own
boss; to wanting freedom from
your present job; to wanting to improve your standard of living; to wanting the
option to do what you want to do when you want to do it—and of course, to
wanting to create a product or service for which you feel there is a
considerable demand. There are also costs of starting and running your own
business far beyond the obvious. Spend the time to prepare yourself, your
finances, and your future business.

            Once you understand how to start the engine of your
business, you’ll realize that some of the negative aspects of running it will include working 12-16
hours a day, dealing with difficult employees
and vendors, collecting on past-due invoices, and a whole slew of other
time-consuming issues.  At StrongBusinessCredit, we emphasize the word “will” because you will without a doubt find yourself dealing with many of these
challenges.

            Ask yourself if you have the physical stamina to handle
the workload and schedule, along with the emotional strength to withstand the
stress. It may also be necessary for you to temporarily lower your
standard of living until your business is firmly established and while you are
depending on a small business loan for your cash flow. This is just one of many
sacrifices you will likely be asked
to make.

Sincerely,

Ilya Bodner

Small Business Owner