Hello again! Thank you for taking a look at our new blog about starting a business. In this blog we will be discussing the risks and rewards of being the boss of a business. This is part of our ongoing “business” related blogs we have on our site. So if you are interested in starting a business (or interested in the makings behind one), please feel free to read the rest and leave a comment telling us what you think, if you have any questions, or if we can help out at all!
Starting a business is frankly, extremely frightening. The time and financial commitment is present in all new ventures, no matter how small or insignificant. When we were planning on starting CanTastic, we knew that getting our company up and running would take at least half a year. Despite everyone’s worry about capital and money, the most important asset you own is time, so make sure to consider the pros and cons of the time you will have to commit before starting out on your own.
Once the business is started, you must be fearful when learning the process and your industry. When starting out, there are numerous unknown unknowns (in other words, you don’t know what you don’t know). And that’s fine! Take a guess, try it out, and analyze your results. If the results are positive, figure out what you did right so you can inform your decisions down the road. But most likely, most of the results will be negative, or at least not positive. And that’s fine too! As long as you learn your mistakes and change your behavior from those lessons, you and your company will be strengthened that much more.
There is a lot more that goes into business building but I believe that I have laid out a good framework when it comes to your mental state and work ethic (which are some of the most important parts). Make sure to go into it with a positive outlook and be willing to learn.
Thank you so much for reading our blog, if you enjoyed it and would like to see more “business” blogs, please let us know in the comment section! Until next time …
Logan Martinez
COO of CanTastic and Trysk Solutions.
