Have you ever had someone tell you they were going to start a business and then they never did? You have heard this phrase so many times, you think it is true and yet, every single time it is not true.
As it turns out, it is completely possible to start a business, but also completely possible to not start one. You see, when you start something, you commit yourself to it, whether it be a business, blog, website, product or service. This commitment has to extend to all levels of the company. For example, if you start a business and the owners are not committed to it then you are starting something and you will probably fail.
The Power of Commitment
Further, you need to start one of two things to make money. The first is something that requires full commitment, which is required in some businesses. Examples of this would be a blog, a website, a product, and the list goes on. If these things are not done with full commitment then they are doomed to failure. The second is something that requires only some commitment, which can be accomplished in a way that still allows you to make money. Examples of this would be a part time business, a blog, and a website. If you do these things with some commitment then you can have a business that makes you money.
After you have decided which direction you want to take with your business, there is money. The number one thing to look for is financial commitment. How committed are you to the success of your business? If you are not completely committed then you can have a business that is doomed to fail.
When you have decided where you want to go in your business, then you need money. Where are you going to get your financial commitments? Are you going to find external financing or are you going to do a loan with friends or family? If you are going to have a family member you may have to work hard to make sure that they are committed to the business and will be a constant force of support.
If you are going to find external financing then you have to know who you are talking to, so you know what they are good at and what they are interested in. There are a million ways to find financial commitments and I am not trying to overwhelm you with options, just let you know that it is out there.
I hope this information is helpful in helping you to figure out where you want to go in your business.
Remember, you need to start a business to make money. There is nothing magical about having a business. You need to find a market that is crying out for your solution, and then you need to sell that solution to that market. Until you have a viable business, you have no business.