Cutting The BS (Business Sophism)
September 17, 2018
We’ve all thought about starting a business at one time or another. Unfortunately, most will baulk at the prospect once their research serves up a few facts. The only problem, however, is that many of those factors are either inaccurate or just plain lies.
So, let’s cut the BS once and for all. Once you have painted a clearer image of the business world, you’ll be far better placed to make a success of your ideas.
90% Of Business Do Not Fail
This ‘fact’ is one that will instantly turn most people away. However, it’s worth remembering that a lot of people officially launch companies but never do a day’s work on them. Even in notoriously difficult trades like the restaurant trade, success ratios past year one are nearer to one in three. Those figures are even better in other sectors. Besides, if your ideas are as good as you think they are, you will succeed. It’s important to appreciate the challenge ahead, but don’t be defeated before you start.
Your Business Does Not Need To Be Exciting
A lot of business guides say that you should work on something you feel passionate about. But, are you really going to overtake Nike in the sports apparel trade for example? In truth, most entrepreneurs find that their passion comes from making money and building a successful company from the ground up. If I can turn a boring idea into a hugely profitable venture, there’s nothing to stop you doing the same. Even an office cleaning firm could secure a considerable income.
You Do Not Need To Wait
By no means is this a diss on academic education. Going to college and getting a business degree works for a lot of entrepreneurs, and is certainly one of the most common routes to take. However, you should not be fooled into thinking it’s the only pathway. As Parcel2Go highlights, a successful business story can surface from very humble beginnings. In truth, this is an exciting time to be starting a venture and timing is everything. The longer you wait around, the less likely it is to happen.
Real World Retail Is Not Dead
The growth of online businesses has changed the world as we know it. Still, many would have you believe that there is no hope for any company’s working in a real-world environment. Digital companies are simply another competitor that you need to overcome. The ability to create face-to-face relationships can give you a huge advantage. Besides, landlords are now more likely to accept short-term agreements while pop-up stores are possible too. Do not underestimate the real world.
Outsourcing Is Not Bad
After a few years of popularity, outsourcing has gained a lot of bad press recently. What many people don’t realise is that many people prefer to be self-employed contractors on short-term contracts. PeoplePerHour and other platforms are packed with willing freelancers to take care of creative jobs. Similarly, outsourcing issues like delivery has gone on for generations. If it’s good for the business, the contractors, and the clients, what more could anybody ask for?