At this most frightful time of year, is there anything more scary than owning a business? I always meet people who say they will, or they could own their own business, but they don't. Is it fear that keeps them from chasing their dreams?
Let's face it, starting and owning a small business is filled with things to be afraid of. Big fears are real, and they can be hard to deal with, but a big part of being an entrepreneur is finding a way to overcome those fears.
Here are five fears of entrepreneurship and how to overcome those fear.:
Let's face it, starting and owning a small business is filled with things to be afraid of. Big fears are real, and they can be hard to deal with, but a big part of being an entrepreneur is finding a way to overcome those fears.
Here are five fears of entrepreneurship and how to overcome those fear.:
There is a conundrum that many small business owners face on how fast to grow and how fast to staff. You put the best model together, service your clients well, market, sell, and network, and then it seems at once sales begin to close and projects are initiated, only to find that you are past the capacity of your employees to complete the projects.
Even if you have begun the talent search process, you hope the recruiting process lines up with sales growth. Staffing talent can be the key to taking your business to the next level, but staffing too early can diminish profits, by leaving employees idle. On the other hand, waiting too late can leave an owner with an excessive workload that can impact sales and delivery. It's a delicate balance and it takes perfect timing to get it just right.
Even if you have begun the talent search process, you hope the recruiting process lines up with sales growth. Staffing talent can be the key to taking your business to the next level, but staffing too early can diminish profits, by leaving employees idle. On the other hand, waiting too late can leave an owner with an excessive workload that can impact sales and delivery. It's a delicate balance and it takes perfect timing to get it just right.
