Comparing Starting A Small Business With Raising A Child
For some entrepreneurs, beginning your first small business can be a bit of a challenge. It is not an easy thing to do, but when you create a booming business, there is no better feeling. Many people get discouraged, though, throughout the process of creating the business, and they often quit before they even have a chance to succeed.
To make it easy for some entrepreneurs to understand, starting a small business is often compared to raising a child. For example, just as when a child is first born and requires a great amount of attention, so is a small business. When first starting out, you will be spending a lot of time concentrating on business operations, testing strategies and techniques to see what works in making you money, setting up a good marketing campaign, etc.
When a child grows a bit older, they begin to take care of themselves a little bit more. The same goes in small business. Once the ball gets rolling in your business, you will be able to sit back a little more and let the business “do its thing”. It will still often need your attention, but not nearly as much as when the business was in its infancy stage.
Finally, when a child begins to break free from their parents (usually around the end of their teen years), they become mostly independent and don’t really require much attention from their parents at all. Such is the small business world. At this point, your business is basically running on its own. You have now hired a staff of managers and employees to tackle business operations for you, and you basically monitor from time to time to ensure that work is being done efficiently and effectively.
This article should have helped to give you a better understanding of the different stages of building a business by comparing it to the stages of raising a child. The most important part now is for you to take action. As hard as it may seem to start your own business, you just need to take action, and before you know it, you will be reaping the rewards of a business that you have created.
Tony McGuigano is the owner of the Front Lace Wigs website, as well as a website called Eye Exercises.
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