A wise man once said "Perseverance is a great element of success; if you only knock long enough and loud enough at the gate you are sure to wake up somebody."

I was having a very intriguing conversation with a close friend today. I will not disclose names as to protect the privacy of the individual but this person was talking about their dream of starting a business. As I was conversing with this friend, I realized the fire and passion that stirs up in an individual when making mention of their dreams and aspirations.

In fact I was so motivated, to say the least, in listening to the passion, drive and determination that was radiating through our conversation that I decided to write an article on this topic. Sometime ago, I learned that there is great power in dreaming big. There is a necessity in having a goal and keeping that flame lit and not letting it fade away.

I have gotten many responses in various venues such as myspace from people who desire to start a business as well. Then it dawn on me, there are so many people who have an entrepreneurial spirit and want to do something passionate outside of a 9-5, but they don’t know how or where to start. Then on the other hand there are some people who with a snap of the finger know exactly what they want to do,  they have the fire and the drive but for them it is a matter of when to start.

I am a firm believer in searching deep down inside and finding out what you like to do. Previously I wrote an article entitled: "Find Your Passion…It Will Change Your Life." In this article I went on to explain the idea of discovering and focusing on your passion and allowing that passion to be a window for success.

Success can be described in many ways. Many would relate success to the idea of being financially independent. Others might  relate it to achieving a goal that may not necessarily be money driven. For many, success can be just the idea of taking one step after another and not stopping until you reach the ultimate goal, (in other words, having many small goals inside of the ultimate goal).

The Ultimate Goal

Personally, I like the big picture, I like being able to envision the ultimate goal. However, I also like setting small achievable goals within the ultimate goal. There is something about having a goal to achieve, it gives you something to look forward to. You should strive to never be complacent always be striving for something better.

The ultimate goal that I’m relating to in this article is the idea of owning a successful business. Although the ultimate goal is to own a successful business indeed, I believe it would be a good idea to set smaller goals within the ultimate goal.

Start Small

Many people who want to own a business may be intimidated by owning a business. It is safe to say that many people believe that owning a business entitles them to take on a big executive type, franchise, CEO type role.

It’s a good idea for aspiring entrepreneurs to map out a plan of the business. For instance, maybe you have discovered a passion in arts and crafts. After discovering that passion and deciding that you would like to expand it to an arts and craft profession, take out the time and map out a plan for that what it is you are looking to achieve.

By asking yourself a few questions you will come up with a well thought out detailed plan for your business. Such questions to ask are:

• What is the mission for the business?  
• What are you looking to achieve in your business?
  
• Perhaps you are looking to get into a business of selling arts and crafts, ask yourself what venues am I looking to sell my products in? Do I want to market and sell products online or do I want to go brick and mortar.
  

These are a few questions you want to ask in an attempt to taking the steps to achieve the ultimate goal.

After mapping out a plan for the business it would be a good idea at this point to study ways of putting your collected ideas into action. You can do this by doing a search on how to start a business. For instance, if you are looking to market your arts and craft business online, you may want to do a study on what avenues are available to promote your products. 

A personal business website is a great way to market your products and promote yourself. There are other markets such as ebay and amazon. Many successful entrepreneurs have come about through marketing products through ebay and amazon but you have to keep in mind the cost of selling on ebay verses owning your own website. You might want to do some comparison studies between the two and weigh the options of which would be better, to market on ebay and amazon  or through a website.

Cost of Starting a Business

Another overwhelming factor that plays a part in taking the first step to start a small business is the cost of starting a business. Although it may vary, depending on what type of business you’re looking to start, most entrepreneurs will look to spend anywhere between $1,000 to $5 or $10,000 to start a business, but again you will want to do some studying for yourself to find out what it will cost start your own business. The biggest part in discovering the cost of starting a business is having a detailed plan of what you’re looking to achieve, I can’t stress enough that without a detailed plan it will be hard to come up with an exact estimate.

I choose to look at, the business start up cost as an investment. For instance, buying a home is one of the greatest investments you can make because of equity that can be built from it. $1,000 or $10,000 is a lot of money I would agree, but it is a worthwhile investment because one the benefits of starting a small business is your ability to earn a 100% return on your investment. There are many government grants for starting a new small business or business loans in which you can apply for but make sure you study up on the right type of grant or loan because there are many scams out there.

Taking the First Step

As I mentioned earlier, there are some people who want to own a business but don’t know what they want to do, but on the other hand there are others who know exactly what they want to do but for them its a matter of when to start.

I know it takes time in getting the funds of starting a business, but the first step to achieving the goal isn’t in paying the business cost and opening the doors of your business, the first step is in developing a business plan. You will be surprised at the encouragement you feel once you get plan mapped out on paper. Once you see the overview of your business on paper you will feel the sudden urge to take the next step in getting your business started. By doing this you will be on your way to the success that you’ve always yearned for.

To your success,

Jarrod Clark