If you’re like most people starting a first business, you are spending too much time procrastinating. Sure, there are some necessary preparations. But these are not so overwhelming that you should experience inertia at actually doing business.
After deciding upon a business idea and the market you will approach, it’s time to methodically move through the startup phase. One of the best techniques is to make a list of goals to accomplish and a timeline for doing so. An added benefit is that this is the routine for ongoing operation of a small business. That’s why executives are always working to improve their time management. Every process and electronic tool for this basically involves planning with a list.
You will find that the priorities on your list are constantly changing. To avoid drastic adjustments, make sure that you have baby steps. For example, initial actions for a new business are choosing a corporate name, designing a logo and business cards, and developing a website.
Forget about having a perfect plan. For example, you will not have every cool technological device at your disposal in the very beginning of your new corporation. Don’t let this stop you from moving forward to gain your first customers. A lot can be accomplished with a small office, a computer from home, and a telephone.
Conserving capital and accepting less than perfect when you start a business eventually pays off. This happens to entrepreneurs all the time because they genuinely believe in their business. They expect to have a thriving corporation, not just “start” a business.
In addition to keeping a timeline list of steps to follow, business owners have to think like…well, owners, not just someone with a business idea. Stop thinking like you’re trying to start a business. Instead, deliver yourself and your corporation to the public as a going concern.