Tweet

Business Startup? What's Stopping You?

Guest post by: Lisa Murray

Article Overview: Recently one of my clients thought that she should get some more education before she launched into her own small business. This is what I call a perceived knowledge or experience barrier.

Business Startup? What's Stopping You?

Recently one of my clients thought that she should get some more education before she launched into her own small business. This is what I call a perceived knowledge or experience barrier.

After a lengthy discussion, I persuaded her to forget about becoming more qualified and focus on generating a cash cow that will enable her to choose the most relevant educational qualifications, once she has a successful business.

This is why... The advent of the internet has been hailed as ‘The Information Age’. Google has become a verb! If you truly believe that you have a knowledge or experience gap that is stopping you from owning the business of your dreams it’s important to understand that this is not an excuse not to start!!

Try taking the following steps:

1. Identify in detail ‘the knowledge gap’. Also consider: Is it really a showstopper? Could I start without closing the gap? Are you being a perfectionist? Take some advice from Robert Schuller: “Better to do something imperfectly than to do nothing flawlessly.

2. Identify as many ways as possible to ‘close the gap’ – for example: taking a course or seminar, using a coach or mentor, researching the topic online or at your local library, requesting assistance from a relevant government agency, volunteering with an organization that has the knowledge or reading widely on the topic. Of course, you do not have to be the person to ‘close the gap’ – consider outsourcing, consultants, employees, or using your networks to fill in the knowledge/experience gap you have identified.

3. Mind the Gap! Create an action plan for closing your gap, based on the options you identified above. Put timelines to your plan. Identify a reward for yourself for closing the gap. Take Action! Become committed to closing your gaps or choosing to start your business despite the gaps – you’ll get to enjoy the satisfaction of working on your own business much sooner!

What is the biggest knowlede 'gap' you currently face as a small business owner? How has it impacted your business? What have you done about it?

Related Articles
  Passive-Aggressive Behavior Is Useless In A Startup
  StartUp Costs
  Getting to your North Pole
  Finance Start-Up
  Fantastic Post By Calacanis On How To Get PR
  The Startup Visa Act of 2011
  How To Do Effective Local Marketing & Advertising
  For Good SEO You Must Go Back To Basics
  Powerful Relationship Selling
  Breakeven Analysis
  Every Startup Needs an Advisory Board
  Five Steps to Startup Success
  How To Find A Top Internet Startup Business
  Never Dive Into Business Without A Startup Plan
  A Five Point Strategy for Job Creation
  Permission
  What’s so difficult about building a successful startup?
  How To Recognize A Good Online Business Program
  FAQs about Franchises
  Low Investment Franchise Opportunities

Article Tags: business startup, small business



Related Forum Posts
Re: MyDogSpace - For Dog Lovers - Thanks everyone, As some of you know I have 2 dogs. But this dog is something special, he is very good looking and people seem to respond to him, everybody loves him, even those who don't like dogs. And...he thinks he is human. He also won the cute avatar at mixx when they just started. My other dog, you can see her in my pic, is 90% black, smart and manipulative, and everybody is afraid of her. Stopping here, I can talk bout them all day.
Re: Hello from a San Diego-based marketer - Welcome Aaron! Whats the next stage for your business? Ben
Re: New, young entrepreneur - Congrats H20ismyLife! Do you have a website so we can see any of your work? Whats the next step for you?
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Sales is a Flawed Model

Why Your Own Internet Marketing Website Is A Must

Four Reasons Why Entrepreneurs Should Blog

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.