AVA Insurance Group & Auto Tags Blog
Employment is comfortable, getting a salary every two weeks is nice. Having a clearly defined job is nice. But best of all, the safety of getting that bi-weekly paycheck regardless of the situation can be very hard to get away.
But then again there will come a time when you want to leave the safety of a job and want to take the risk of starting your own business.
In all likelihood, you want to double-dip at first. Stay on with your day job while working your way up towards establishing your business.
Unless it is something that will require all your time and attention, it is possible to keep both concerns going in the meantime.
It might be a good option at first since you don't know if the business will work. While you aren't sure that your new business plan will work, then it might be unwise to give up the security of your current job.
It Takes Money to Make Money
It takes money to make money, so the adage says. It is true when you start a business, in most cases, there is no point in saying "I'll be a business owner" if you can't even put together $50 for seed capital.
Depending on your business plan, the amount of starting capital can be modest. For example, putting up a YouTube channel can be done with something as modest as a Samsung Galaxy S8 and a data plan.
Do you have the bravery and fortitude to start a business? There will be plenty of setbacks and disappointments. It can be crushing. There is a reason why 90% of all business fail within the first ten years, and there is a possibility you will fall in the 90%.
If you think that you have the conviction, then go for it. It takes courage to succeed in all fields. But if you have, it then carries on.
Keep the E-begging to a Minimum
An unfortunate way that businesses fail is due to excessive e-begging whether through crowdfunding or by soliciting donations in other ways. These turns-off potential customers because it makes people think that the business owner has so little confidence he is not willing to put up his own money into the venture.
Speaking of own money before you step into the shoes of a business owner remember that your employer-based insurance might not follow you. Best to get your insurance before you get started. At AVA Insurance & Auto Tags, we aim to make our client's life easier with policies that are tailored to their needs. You can get more information about our products and services by calling our agency at (954) 454-5483. Get your free quote today by CLICKING HERE.