We can all have ambitions of being our own boss. It might be that you are getting sick of working for someone else. Having to report to someone, especially if you don’t happen to get along. It could be that you are bored of your current job and want a fresh challenge. Maybe the chosen career is not what you expected it would be, or you have suddenly decided that you know what you want to do with your working life. It might even be an idea that you have had for a business, burning a way in your mind and encouraging you to take that leap of faith and make it happen. If you come to the decision of being your own boss, you might be wondering where to start or what you should consider doing.
It isn’t easy. Whether you have an idea or not you may be unsure of the best route to take. After all, many if us will be leaving a secure income for this new venture, and with commitments to pay out for, a family to support, this can be daunting. So before you step into the unknown, consider these options to help you finally go it alone and become your own boss.
Turn your hobby into your job
One of the first things you could do is look at your current hobbies and see if there are any business potential amongst them. An obvious hobby that a lot of people have these days is blogging or sharing videos on YouTube. It may have once been your outlet to share your tips, experience and passions, but it could now very easily be turned into your job and business.
Blogging has fast become the digital career of the century, and with so many people able to leave their jobs thanks to their writing skills and knack for social media, why shouldn’t you take a piece of the action? Other hobbies that can turn into a business could be something that you create, perhaps making cakes and decorating for friends has had you receive more requests in the future. Maybe you are creative in other ways, such as crafts, again, this could be easily turned into a business if you wanted it to.
Purchase a franchise
Sometimes you need a little bit of guidance, and this is when a franchise could be the ideal business for you. Whether you go for a small franchise or something larger, you will find that alongside the business you will receive some guidance on how things should be ran and what you should do. People choose all sorts of options, it could be vending services, where things like HealthyYou Vending are changing the way things are done, you just have to read the reviews to know that. Or it could be coffee shops or fast food restaurants, again these can be great ventures to start out with and could be very lucrative.
Use your current skills as inspiration
Perhaps the answer is right in front of us, and it could lie in your current skills. Maybe you have excelled in your current job or industry, perhaps gained a lot of knowledge throughout the years. Could you do what you do now but for yourself? Cutting out the middleman and starting your own business in something you already experienced in gives you a level of confidence that you know what to do and how to make it a success.
Figure out what your passion is
Often when it comes to lifestyle changes such as this, and this can be seen as a big one, you need to take some time out to really figure out what you want to do with your life. Starting a business doing something that you enjoy, love and feel passionate about is half the battle. We know being your own boss is not going to be easy, but it is better to enjoy what you do and be inspired to put in the hours, rather than not enjoying it. You could end up feeling exactly the same as you do right now if you don’t take on something that you enjoy.
Learn something new
Maybe now is the time to learn something new. When you do this, you ignite a new passion for something, which in turn can really help you with your business venture. It might be that you like the idea of learning a new skill, perhaps a different industry and niche that you are used to. You could learn while you are working, which helps to avoid any loss of income while you might be gaining the relevant qualifications and knowledge to pursue your goals.
Use online selling platforms
There are so many resources available to help you become your own boss and online selling platforms could be the way forward. For example, platforms like eBay are creating millionaires, and the way people do it is just through buying and selling. You buy something cheaper and sell it for a profit on eBay. Creating a business eBay account and then sourcing things could be a lucrative business. Many people are creating eBay businesses, and after time, could find themselves specializing in different types of products or niche things.
Purchase a business locally or online
Finally, if you want to run a business why not look at current businesses that are already trading? People start businesses and then for one reason or another can’t continue running them and are looking to sell. This could give you the option of a ready made business ready to go with stock and even a customer base. You could look locally or choose to find something being advertised online. You might be surprised but even businesses are sold on websites like eBay. The handover could be useful as well as you are able to take things on and start where someone has left off.
I hope that this has given you some inspiration on how you could be your own boss and start your own business.