The “WHY” of How To Start a Business

The “WHY” of How To Start a Business

You can start a Business is a big question asked by a lot of people today. Why? Well, it is because a lot of people have aspirations of going into their own business.

It may have been something they wanted to undertake since childhood, or perhaps something they were exposed to in school, or perhaps an idea that came to them while working for someone else. Whatever the reason, starting a business is a lofty goal and knowing how to start an organization is the foundation.

There are three basic philosophical questions to remedy before starting a business. Of course, these questions are broken down towards many other smaller questions but heading to discuss the basics for our purposes here. They are:

  1. The Operation
  2. The exact Motivation 
  3. The Culmination

 

  • The Operation

First, the Operation. A lot of and most basic question starts here. What is the business? It might seem elemental, but really, it is the most crucial question. Lots of individuals have a plan to start a business. Some want to start a small business because the business makes a lot of money. 

Others want to start an internet business because the business is something they love.

These may seem to be the right answers to the first question, but they are not in the truth of the matter. Not at all. Why? Because making money is a benefit, nonetheless, it doesn’t necessarily give you life. 

Doing something you love is a reward but won’t necessarily give you income. The answer to this most rudimentary question must be something that encompasses both.

Making money in an online business that is boring and monotonous is a mistake millions make. A life of making money in something you have no concern about or even despise will make a better person out of an individual.

 So you may have money, but if you cannot enjoy the making than me, where is the benefit?

Running a business for a product or service that you choose to are imbued with passion but can barely settle the debts is an exercise in futility. Ever known someone who would this? I have. They struggle to remain in a business simply because they including the doing of it.

These people have confused a business with an activity. One makes money; the other is for kicks.

The right answer to the following most basic question is a business for which you really care or maybe enjoy, and has the potential of making good money. If it includes both these qualities, it may be the right choice.

  • The Motivation 

The second question in the search to find how to start a business is Motivation. What is the Motivation for your personal venture?

In other words, if you had to summarize why you are taking on debt, doing the job endlessly, depriving yourself of free time, and bearing major responsibility, what would the answer be? This most crucial part is one that cannot be ignored. 

Assuming you love the subject and business, had a track record of money-making opportunities. If you can target your venture’s why, you have answered many, lots of potential questions that will surface down the road.

Do you wish to switch something about your world? How about your specific industry? Does the industry provide for the particular needs of a specific group of people for which you much care? Does it better the lives of people, or does this fantastic timepiece increase the effectiveness of people?

Whatever the Motivation, it needs to be something special about which you feel you were created for. It must be “you” to the center. 

This concept runs far more profound than merely enjoying the information on your business. It is more about the inner Motivation which drives anyone onward. It is the essence of what the business is about.

Should the business you are contemplating is something you enjoy, something that makes money, and something that fills your heart and mind using ideas and plans about how it can impact the world, it merely requires may be the right choice for you.

Useful Business Resource

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About Micheal Khalifa

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