Shoot Now, Aim Later

 John Wayne Lives in this Blog!

What is the number one thing that stands between successful business owners and lifelong workers? What is the single difference between someone who will work when they want and how they want and someone who is dictated those things by a boss the rest of their lives?

The ability to take action.

Do you have an idea for a business to start? Been meaning to start that blog for the last 5 months? Just do it.

Here is the typical mentality for someone who wants to start a business. Does this sound familiar?:

"I know I want to start one, but I don’t have the faintest idea where to start. I don’t know what business structure to use, I don’t know the first thing about the double-entry bookkeeping system, I don’t have a product yet, I don’t have a distribution system, I don’t know anything about advertising or marketing, and on and on and on…"

Here is the typical mentality for a successful businessperson:

"I’m pretty sure I want to start a business. I know I want to start it on the internet and I know that it will have something to do with Car advice. Maybe it’ll be a membership site. Maybe I’ll sell car parts. I’m not sure. Either way, I’m going to register my domain name now and maybe set up a blog. I’ll figure it out from there. Double entry bookkeeping? I have no idea what that is. I’ll figure it out come tax time. Or maybe I’ll hire someone to do it for me. Product? Well for now, I’ll probably just sell other people’s products and maybe sell a little bit of advertising to monetize my site. Then I might find a manufacturer to white-label my own car parts. I don’t know. I’ll figure it out after I start my blog."

So you can see that the reason why most people fail is because they don’t even start. Sure, you need a good business plan, but nobody said that business plan has to be written before you start. The three businesses I have started all have business plans that were created after I started the business.

And it doesn’t stop just when you start your business. I learned Google Adwords not by reading books, but by instead by placing ads on Google. I learned the double-entry bookkeeping system when I received my first payment for my first product. I learned about business credit right before I tried to get my first business loan… light years after I started the business.

So go out there and do it. If you need help starting, feel free to shoot me an email or leave a comment on the blog. I’ll be more than happy to steer you in the right direction!

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Sunday, 27 Jan 2008 Filed under: Starting Up by Bryan

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