Chapter 4: Rules when starting your business
Starting your own business does seem like a great idea when it comes to how much money you’ll make or how much fun you’re going to have making your dream come true.
However, achieving your dreams is much easier said than done. Starting your own business is no easy business ( pun intended ). Rather, it can be very tiring and hard, it is not an easy experience. It’s even harder when you don’t know where to start or what to do. However, do not let this discourage you or slow you down from getting your work done. Here are 8 rules when starting your business. They’re simple yet effective, and are sure to get you a better picture of your final plans and job.
One of the most essential parts of starting your own business is being different from others. It’s necessary to have your own style and way of doing things.
Find some way of doing your work that’s different from anything else and start your business based on your own ideas. Make sure your work is not similar to anyone else’s so that it does not seem like you have copied anyone. Come up with new ideas and inspirations for your work. Then base all of the other aspects of your business on these and more original plans.
It is a highly essential part of starting your business to plan first. Having plans to accomplish a goal and just having set a goal for yourself are separate things entirely.
You can easily have a certain aim, the difficult part is finding ways to getting it done. To accomplish that goal, you need to first make plans. You need to know what to do and what not to do to get to your destination. When you’re aware of each and every aspect of your business plans is when you have a chance at succeeding.
- Be Honest
Whether you believe in God or not, you must believe in karma. If you don’t believe in karma you understand how you treat people does say something about you and who you are is what you do and you do for a reason. In this world the way you treat others is how you get treated, it is the way the way of the world. It’s important to understand the importance of loyalty, being faithful and being honest.
It is wrong for you to intend on cheating or scamming other people for your own benefit or for stealing products, property or wealth. When you cheat or scam things from people who are putting their absolute trust in you, you will be subjected to punishment for this. It’s completely unethical to be disloyal to somebody who has put their faith in you and trusted you blindly; you need to be a respectable and trustworthy person to start a successful business.
Not only will you be punished by Karma, the risk of getting caught is high too. Is some money worth going to jail to? I’m sure you won’t go too extreme but I can’t stress this enough. Do you want to lose your business because of your reputation? Just think about ways a business can fail, and you are the one that ruined your business. Rather, be a good human being and always remain honest in your work.
- Insulting others:
If someone else has started a successful business and it’s working better than yours is, do not curse them or talk badly about them behind their back. It is important that you be happy for everyone’s success so they can be happy for you. It is not who is better, we all have our weakness and strength.
You can never succeed in life if you stay a bitter person and wish bad about others. No one will even trust you if they know you talk bad about other businessmen, as they will assume you must talk bad about them too. When you’re going through a rough patch, and somebody else is succeeding and accomplishing their goals, do not curse them or feel bad about yourself. Remember, another person’s success is not your failure.
Take it as motivation and work harder, instead of hating, be envious, or fill your mind with greed, bless them. In return, your business will flourish.
We all have a place in the world, you might be an introvert like me and rather write books than be on video. You might want teach one on one versus public speaking. Your competitor might be more enthusiastic, but your voice might be soft and genuine. Don’t get caught up with saying my product is better than this other guy because you think you are better. That might be the case, however, we all have our niches.
- Imitating others
When looking for new ways to expand your business and failing, you might find yourself in a tough spot. It’s normal to feel lost when you can’t come up with any good ideas or keep looking for inspirations to make your business grow but failing desperately.
In these hard times, you might think it’s okay to imitate the ideas of someone else, be it a fellow acquaintance or another business. You might think it’s a good idea to take their work or plans and copy them. However, this is completely and entirely wrong. Not only could you be sued for copying others, and end up losing everything you’ve made yet but you could also ruin your own business by your own hands.
It’s better to work harder and look harder for new ideas rather than copying someone else’s hard work. If someone were to copy your idea and take all the credit, it would seem totally unfair and cruel to you too. Keeping this in mind, never copy from others.
- Don’t be too arrogant
Sometimes, it’s easy to think that you can succeed on your own and refusing help or assistance from others.
This way of thinking is wrong; a little help goes a long way. Don’t push people away when they try to help you, accepting their advice does not make you weak. No one likes a boss who is always micromanaging, knows more than others and look down upon people. Be open minded, learn one new thing everyday, whether that is cooking up a new recipe, something you enjoy, or building up your skillsets for your new business. Appreciate what’s around you, accept it for what it is and filter what would work best for you and what’s more important. If someone wants to provide feedback, listen and understand their perspective and where they are coming from. Yet, don’t accept the story and do your research.
Being open minded and learning to advance rather than be a know it all is hard for most people. As an entrepreneur or someone motivated, you feel that your way might be the best way. Most businesses start and end up being totally different. Learn the adapt and evaluate yourself and your business.
Before starting your business, first get training of these matters. You’ll be surprised by how much there is to learn about such matters.
Don’t be too hasty; take the time to learn about such things. Having knowledge about legal work, rights and business structure will come in handy later on. If you plan on saving money to start your business, you can start learning and adding to your knowledge base so that you will be better equipped. Read this book over and over again to help you with your journey. Read experts in your field and ask questions. Take a course if you need to learn a skillset. Take one day at a time, don’t try to rush.
Motivation is the key to success as it is obvious that you won’t give the work your best if you do not have anything to motivate you. When this happens, remind yourself about the benefits of having your own business and how easy life will be once you’ve accomplished your goal.
You need to keep the bigger picture in mind to succeed in completing your job. Think about all of the reasons that led you to start your business in the first place and then your business will progress. Never forget the most important thing; you need to do your homework thoroughly because what works for you may not necessarily work for someone else.