Updated: Mar 27
If you have had the itch, urge, desire or whatever you want to call that feeling to start your own business, today is the day to take that first step. I'm here to tell you why and hopefully this series will be a roadmap to how.
First a little background. My name is Eddie and I want to share my journey into entrepreneurship. This journey has been a passion I have had since I was a young boy growing up in Philadelphia, but it was only something that lived in my head. Like many people, I worked a good paying full time job doing something I enjoyed. I was comfortable in my position but after more then a decade doing it knew that I needed something else, something more something of my own. Something that would hopefully allow me to attain financial freedom as well as control of my time to focus on family and faith. As terrible as the Covid-19 pandemic has been for the world, it was the opportunity I didn't know I was
waiting for to make my move.
Step 1: Knowing my why
Why is this important to me? This is a question that has to be answered by anyone that "thinks" they want to start their own business. Everyone has their own Why. Find yours and write it down. You will have to come back to this list several times to remind yourself Why you are making the extra effort. My Why is different then yours and yours will be different then the next person but you have to be convinced that this "Why" is important for you. Once that is established and the urge is burning, its time to make the first move. My Why is to have the freedom to manage my own time and to build an income stream that would not be dependent on how many hours of the day I work. What is your Why?
Step 2: Start a business
As I mentioned previously I am currently on this journey so I don't profess to know the answer to everything, nor will I ever. Every business is different and every person is unique. What one person considers success may be different then the next individual. So the roadmap I will lay out will be based on what has worked for me thus far and what I have had to adjust to. I'm hoping those who are starting on this journey can take what I am doing and apply it to your own journey.
Don't overthink it, start a business! Yes, Uber & Lyft can be your first business. You wont build your Walmart or Microsoft without getting out of your shell. Find opportunities that will allow you to put your time management and income management skills to work. If you have a great idea and want to put it to work right away, great! If you want to be your own boss looking for an opportunity but still need to keep a steady income, then join the gig economy. This will be your first taste of entrepreneurship, and the risk is virtually non-existent. It has never been easier to get started on this journey. Once you do, it will be hard to look back. In fact, there will be doors that open to you that you have never thought would be possible. So don't wait, start your business today!
In the next article we will dive deeper into Step 2. We'll discuss the pros and cons of the gig economy as well as financing your business and finding your niche.