Why Do You Want to Start Your Own Company?
August 29th, 2010 by Ana Scherer
That’s the classic question to an entrepreneur and one that has many answers. Let’s look at some of them:
1. Because you want to have control over your life.
2. Because you want to have a flexible schedule.
3. Because you want to spend more time with your family.
4. Because you want to earn more.
5. Because you want to make a difference in the world through your services or products.
Starting your own company is a great opportunity to write your own script for your life. You get to decide everything. You get to build your vision for what the company will be like. You will feel the excitement of closing a deal and reaping the benefits. That’s the good news. On some days, you will also find that all of it is also the bad news. You will run the risk of feeling so consumed by your company that before you know it it’s midnight and you haven’t had dinner yet. Heck, maybe you forgot all about lunch as well!
On the other hand, there are very few entrepreneurs who say that they would love to go back and work for someone else. Once you have gone through the ‘secret passage’ that leads you to owning your own business, there is seldom a desire to go back to the ‘punching-the-clock-for-someone-else’ routine.
If you are going to let a business consume so much of your life, make sure the idea is coming straight from your passions. If you think of your business and an overwhelming feeling of urgency takes hold of you, if you cannot stop daydreaming about it, if you see the results unfolding in your head and affecting the lives of many, if you don’t care what others think of it, then you are on to something. But if your business idea doesn’t make your heart sing, don’t bother.
One of the best ways to figure out how to do anything is to talk with someone who’s already doing it. Ask questions, voice your concerns and consider the information coming from the successful entrepreneur you are talking to. You will find that most successful entrepreneurs will be more than happy to share their experiences with you. Maybe you will follow their advice, maybe you will blaze your own trail. In either case, you will be writing your own story and that’s a powerful way to live.
To your success!
Ana
I am back from my one month vacation in Brazil and Turkey. It was great to see my family and friends and spend time with them. The reasons why we went to Brazil were all wonderful: My brother-in-law’s wedding, my mother’s 70th birthday and our regular visit to our company which is always busy and fun. All of these great moments brought a smile to our face and warmth to our hearts.
The concept of extreme self-care is the foundation of my work as a coach. Practicing extreme self-care means taking great care of yourself even when it seems boarder line self-indulgent. A lot of my clients struggle with the idea of making their self-care a priority. They fear it may seem inappropriate or selfish. I often remind them that in order to be ready to help others in a healthy way, they must be there for themselves first.
Last week I’ve heard a very touching story. As most of you know, there was a major earthquake in the north-west province of Qinghai. In spite of all the progress and wealth China has been accumulating, the rural areas such as this province are extremely poor. A friend told me that she knew of a man, a truck driver from Hong Kong, who decided to go to this province and help. When the earthquake hit, he was there. He went inside a school and saved a few people before he succumbed to his death when another unexpected shock hit. The Hong Kong government offered to bury him in the official plot with all the honors of a statesman. His family refused. They said that they are humble and want to be all buried in the same humble place together. Besides, what he was doing, they said, was simply what their family did for generations. They never had much and helped those who had even less.
There will be times when we all make mistakes. Sometimes big ones. There will be times when we overreact, offend someone, slip up, overlook the obvious, and so forth. The most important question isn’t so much whether or not we will mess up, but rather how quickly we can recover when we do mess up. We can turn a relatively minor setback or mistake into a much bigger deal by over analyzing our actions (or someone else’s). I can so relate to that!