Tuesday, February 9, 2010

Economy or Confidence

Chaos reigns supreme in the American economy. Financial woes are shaking the foundation of the global economy as well. Global currency is about as stable as a kernel of corn in hot oil in a pop corn popper. Trying to anticipate and manage the fluctuations in the market right now is similar to asking fireflies to fly in formation. Impossible.

You are walking across a bed of cactus with your bare feet wondering if you will still have a job next week. What will you do if they give you the pink slip and escort you out of the building? Do you start looking for another job just in case? Do you buckle down and work even harder to prove you are worthy of keeping your job? Do you start your own part time business now, just in case?

Put your nerves in a straight jacket and take a deep breath.

Do you really enjoy your current job? What is it about the job that really inspires you? What would you change if you could? Seriously analyze the “yeah I really like this” and “yikes I would love to change that” parts of the job.

1. If the answer becomes crystal clear that there are far more elements that you would change than you like, it is decision time. How feasible is it to change some of the elements you do not like to become more enjoyable? In a perfect world with all options available to you, what would you really like to be doing?

2. If the answer is that you love your job, then the answer becomes very easy. Find ways to be more valuable to your company. Think innovatively and progressively. Increase your net worth to the company.

3. If the answer is “no, I’m only here for the paycheck” then it is time to explore other options. Do you like having a job?” Would you prefer to control your future and operate your own business? Do you have an entrepreneurial itch which has been begging to be scratched? Has that tiny red spot become a widespread patch of poison ivy which screams “get me out of this job and let me create my own enterprise?”

Once the decision has been firmly implanted in your soul to start your own business, what is stopping you? Oh you say, “The economy is really shaky right now. It’s a bad time to start a new business.” Horse feathers. 16 of the 30 companies in the Dow Jones average started in an economic downturn. Economy becomes an excuse not a reason.

Could the real reason be a lack of confidence? Your own personal butterflies are seriously out of formation. You are not certain if you will be able to succeed. Remember when you received your first bicycle? Were you afraid to ride without training wheels in case you fell over? Did it stop you? No. Well, if it did then maybe a business of your own may not be a good idea. You probably forced your hands and knees to stop shaking, gripped the handle bars with a death grip and took off down the hill. So what if you fell a few times in the process, you probably eventually mastered riding without hands. You did not let fear paralyze you.

What happened to that childish daring spirit? Millions of people successfully operate their own businesses. It becomes a matter of confidence and determination triumphing over childish fear.

A troubled economy frequently becomes an advantage because start up costs may be down. Help becomes more readily available because people are seeking part time or full time additional income. Some people simply have more available time to give you helpful hints during a down economy. You may even have more time now. You certainly have more motivation if you are concerned about losing a job. The sooner you get your own business on a solid financial footing, the less you have to be concerned about the loss of a job.
Buck up your courage and do what you have always wanted to do. If you have a dream to have your own business, how many more years do you want to slip by before you start taking charge of your future?

For specific tips and techniques on selecting the right business for you and assistance in putting them into a workable plan, join me at www.Elaine4Success.com.

No comments:

Post a Comment