Monday, September 1, 2014

Who to talk to when starting a business?

Starting a business can feel very lonely, particularly not knowing who to share your plans with.  Your coworkers probably think you're crazy to be leaving a good job. Your lawyer will tell you to incorporate, you're accountant will advise setting up QuickBooks, your priest may recommend confession. Typically this is not the right startup advice, with the possible exception of confession, mainly because each of these so-called advisors are employees, and they don't get it. They each work for somebody else -- -- they probably have never formed a new business and they have a boss they must report to. The employee mentality is totally different than the employer mentality -- this initial advice instead of empowering the entrepreneur, often becomes a barrier.

It is best to talk to people who have been there -- -- successful entrepreneurs who have indeed formed new businesses. They know well the mis-advice and,  in some cases, social stigma that is not only untimely but can discourage the startup. Successful entrepreneurs have a penetrating clarity that can  simplify your startup. Instead of all the above mentioned advice they would tell you that you only need one thing to start, a paying customer.

Our entrepreneur mentors remember well and will recount with passion their transition into a new startup. More than a business start up it is a rite of passage, a baptism of fire in birthing a new enterprise, the transition from the employed to the employing, from performing a job to building your own dream.

Their beginning, like yours, was fueled by a dream, and like you they acted on it.  They had the same self-doubt and hesitation and often discouragement --- but unlike advisers who work for somebody else these entrepreneurs took the risk and acted on building their dream.

They have volunteered their time and expertise to help with your transition.