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8 Things You Need To Know About Yourself Before Starting A Business

8 Things You Need To Know About Yourself Before Starting A Business

Many people dream of leaving their day job behind and starting their own business. In this dream, an endless amount of cash flows to them as they sit sipping champagne and barking orders at employees. Or the dream is of you, sitting on a cloud, casually making jewelry, with little else to worry about in life.

Unfortunately, the reality is quite different. Not to say that starting your own business won’t change your life for the better. Indeed, many entrepreneurs will tell you that going self employed was the best decision they ever made.

They will also tell you it is really hard work, that there are many obstacles on the road to your individual success, and it really is important to know yourself first before jumping ship on your current lifestyle.

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This last one might shock you. Why do you need to know yourself to start a business? Just think of it like this: if you don’t know yourself, then you could end up starting a business that you don’t enjoy in the long term. You might struggle to find the motivation to see it through to relative success. You may find the world of business is not what you expected, and that you were happier in your day job.

Everyone should dream. However, before your dreams ever become a reality you have to think, plan, and prepare. Before you give up your day job, here are eight things you need to know about yourself.

1. What Do You Want To Do?

To say that you want to start your own business is pretty vague. What do you actually want to do? Do you have an existing passion or interest that you want to capitalize on? Have you seen a gap in the marketplace that you know you can fill? You will have a much better chance of success if you go into business knowing what your strengths are, where your ideas stand, and what you can see yourself doing for years to come.

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2. Know That You Can Be Your Own Boss

Many people want to start a business so that they can be their own boss. This is all well and good, but this alone is not enough of a motive for quitting your job. You will still be left with the boss of all bosses to deal with — your own conscience. You will have to manage your own time, and motivate yourself to get the work done. Can you make yourself productive without racking yourself with guilt every time you have a break? If not, you might actually end up missing your old boss.

3. Know That Your Motives Are Well-Founded

Rage-quitting your job because of an argument with a co-worker is not a great way to start a new life. If your motives are well-founded, then your business ideas are likely to be more grounded, and your action will be based on accomplishing something you believe in. The purest of motives is that you are completely passionate about your ideas, services, or product. Money is also a motive. There is nothing wrong with that, as long as it isn’t your only reason. If it is, you might miss your old paycheck just as much as you miss your old boss. Starting a business is hard work, often involving a lot of time with no pay at first.

4. What Do You Not Want To Do?

There are always parts of a particular business or industry that you are not interested in, or that represent your weaknesses. Knowing what you do not want to do is; in a way, as important as knowing what you want. You can build your team around people, and roles that plug in your gaps. You don’t have to do everything yourself.

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5. Know Your Own Personality

One of the most important parts to starting a new business is to know your own personality, and to be comfortable with yourself. It’s like that with a lot of aspects of life. When you come across as an authentic and genuine person, other people will trust you. They will want to give you work, they will be happy to work alongside you, and they will feel they can rely on you. Of course, if you identify any troublesome qualities you should work on them. Being a well-rounded individual will be of immense value, no matter what business you start.

6. You Can Stay True To Yourself

It’s dog eat dog out there. That’s the classic phrase young business men and women are told by their successors. While most people in the world are not out to get one over on you, some are. There happens to be sharks in the murky waters of entrepreneurship. Staying true to yourself is of immense value to you. Not doing so could lead to you accepting work or deals at a lower rate than you are happy with, or engaging in something that you are not morally comfortable with. Learning to say “no” is extremely important. A prerequisite to staying true to yourself is knowing yourself in the first place.

7. What Are Your Interests Outside Of Business?

Having established what you want to do in the world of business and why, you must also challenge yourself to know about your interests outside of all of that. Working for yourself is all about life balance. You will dedicate a lot of your time to your business, but when the work is done you need to wind down and enjoy life. Otherwise, there is little point working for yourself, and your routine will be as dull as the office job that you left behind. Are you a family man? Do you love to surf? Have you always wanted to learn how to paint? Open up your world and be happy. Doing so will also help to keep you stay motivated and successful in your work.

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8. Know That You Can Stick It Out, Whatever Happens

Back to the dream world for a minute. Many people believe they can get their business rolling, sit back, and watch it run itself. It is more likely to run itself into the ground with an approach like that. Realistically, businesses experience ups and downs. You shouldn’t be too surprised if you face emotional and financial turmoil at some point. Can you stick it out when times are tough? How do you respond to that crushing blow that the world can sometimes deliver? Strength and confidence will ultimately lead you to success — if you have what it takes. So if you still want to run your own business, and you know yourself well enough to succeed, then go get after it.

Featured photo credit: jseliger2 via flickr.com

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Procrastinating, making excuses or tricking yourself into loafing is just going to cement the fact that nothing will ever get done. It might not sound pretty, or even too easy, but the easiest way to get to success is to just jump in and get going (which is exactly how I got started). 2. Blaming It's not your fault you're not successful – the industry is bad, you don't have the money, etc, etc. When it comes down to it, however, who is the one responsible for your success? You. This is the day and age where people are launching successful start-ups in a few months, getting published online and finding their way to success one way or another. Some things might be out of your control, but blaming others is just going to waste the energy and time you need to get going. 3. Sour-grapes Being envious of the success of others is almost as bad as blaming them. All the time and energy you could be putting into your own goals is going towards a person who more than likely has done nothing but show you that the goal is attainable. You don't have to be applauding their success, but being envious and sour about it is a waste of time – let it roll off your shoulders and dig down towards accomplishing your own goals. 4. Minimizing others success Again, you don't have to be cheering and raving about the success of others, but minimizing their accomplishments looks bad on you and on your own goals. If you attained success, would you want others rolling their eyes and treating it like it is not a big deal in the slightest? I highly doubt it. “So they climbed Mount Everest, big whoop. Plenty of people have done it before”. Have you? 5. Talking You're going to do this, you're going to do that – the proof is in the pudding, ultimately. 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You may very well have to carve your own path through treacherous jungle. If you give up the first time a mosquito bites you then you've doomed yourself already. Success, in large part, is about the human being in the arena. People cheer for them, their struggle and victory, but the person who watches idly and scoffs, having never tried has also never really lived. Mindsets are not set in stone. It is never too late to get started and change your perspective. After all, achieving success is completely up to you – you are the one making excuses and holding yourself back. You are also the one that will decide when it is time to stand up and get back into that arena. 10 Bad Habits That Stop People From Achieving Success 5 Tools We Always Use Which Actually Make Us Unproductive 5 Tools We Always Use Which Actually Make Us Unproductive

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Published on November 19, 2018

10 Ways to Build Positive Work Relationships and Work as a Team

10 Ways to Build Positive Work Relationships and Work as a Team

Behind the corporate veil, the actual members who work towards achieving the company goals are the ultimate assets.

It is very important for every team member to maintain focused goals on a professional front, at their individual level and at the organizational level. With even the slightest discord between two employees, the entire team might suffer and have to adjust with the downsize in organizational success that they realize ultimately.

As humans, each and every employee is bound to have different opinion and feel inclined to meet their personal goals, just as much as they meet the goals of their company. Hence, it is essential that work relationships among different employees are friendly and cordial. This will help the fellow team members to work together as an efficient team. The ultimate outcome of which will be a capable work force, poised to gather the gains of organizational success.

Let us take a look at some of the ways to build positive work relationships and help employees work together as a team:

1. Respect Your Peer’s Time

No matter which specific domain you work in or in which your organization deals in, each arena entails performance of various jobs by the employees. Within this organization, there are a set of cumulative jobs which ought to be performed at a specific pace, and within a set period of time.

Sometimes, there might also be a sequence to the performance of actions and processes, so that the next process in the sequence can be performed. Some procedures are dependent upon the performance of an action by a certain member of the team, so that the other members can carry out the subsequent steps in the sequence. The ultimate target with this planning is that the work must be completed on time and there should be no delay in meeting the deadlines which have been set for the purpose.

Thus, in situations where you are placed in a role where other people are affected by your actions or performance, it is essential that you respect their time and effort, and ensure that the ball is not pent up in your court.

At the same time, remember that you should make yourself available for other people, should they require your help. Ultimately, your aim must be focused at ensuring that work is not pending and you get it done like experts doing the work.

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2. Ensure that You Are Cautious With Social Media

With the ongoing trend in the digital space, it is easy to feel compelled and drawn towards the idea of connecting with your peers and colleagues on the social media. Although there is not much harm in the practice, it is essential to observe caution while making these connections.

The simple reason behind this is that one wrong move can dampen your reputation or else, cause your peers to gather an incorrect impression about you.

It makes sense to ensure what the social media policy of your organization is before treading on this path. If such policies restrict the association of fellow employees, then you must respect them.

3. Communication is the Key

Communication is essentially one of the most vital keys which impact how your relationships with peers and other employees are. The role of effective communication cannot be stressed enough. It is vital in attaining the goals of working together in an organization and carrying out the jobs which will help in attaining success.

However, there is a very big danger with communication. As part of the human nature, it is easy to assume that the person ahead of us has understood what we intend to say. This might not be true at all times.

Therefore, taking feedback is important. This will help you understand if your message has been understood in the intended manner. If the message has not reached the intended party as expected, corrective actions can be taken at the same time.

Poor communication has the disadvantage of adding stress and distrust among fellow employees. It can sometimes causes crucial message failed to be delivered, leading to organizational turbulence, after which the blame game is hard to end.

In order to avoid the confusion and misunderstanding, communicate through a formal chain of command and follow formal mode of communication. Thus, communicating through mails or any other formal channel of communication would be the appropriate way to communicate in order to keep everything on record. This will help in referring to the communications later, should any dispute arise.

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4. Feedback is Important

As important as it is to take feedback from other people, it is also important to give your feedback. It is not just you who needs feedback but also your peers, in order to understand how well they are performing.

Your feedback will help other people progress in their work as much as it will help you progress in yours. Giving constructive feedback to your fellow peers at the right time and in the right state will help them advance, and ultimately lead to the success of the organization.

Your co-workers are bound to value your opinion and regard you in a positive light, if you provide them with the feedback that you require from them.

5. Make Use of Common Day Courtesies

Greeting a co-worker may sound like something so ordinary that you might wonder how it ended up on this list. However, as long as we are talking about ways to build a positive work environment, this one cannot be ignored.

You maybe surprised by bidding your co-workers simple common day courtesies! Being humble never hurt anyone, even if you do not exactly receive something in return.

Moreover, you must maintain eye contact with your fellow peers if you wish to gain their trust. This will provide the necessary infrastructure to build a capable team.

6. Get Into the Habit of Helping Yourself

While at work, accept that you are never going to receive the pampered behaviour which you do at home. No one at your workplace wakes up in the morning and makes themselves available at the  to hear you rant or constantly answer your questions. However, you might come up with situations nevertheless, which require you to ask for help or advice.

In this scenario, try to gather some information about your question, say, from the manuals which you receive upon joining, or from the web and equip yourself with some concrete information about the question which you may be ready to ask from someone else.

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At least when you approach someone with your doubts, along with the information gathered you’ve gathered, they will appreciate you for having made the effort to find out the answer.

This will make them feel important as well, answering your questions and helping you achieve your goals or tasks.

7. Treat Everyone as Equals

As a member of your team, it is not your job to point out who is better and who is not. Organizational politics can be a deadly game to play and as long as you are not a pro player, it is always risky to put yourself in a situation that will tarnish your image.

Gossiping is a strict no and spreading rumours is something you must avoid at all costs. Behave in a humble manner and even if someone tries to pull you into a conversation, avoid it in a respectful manner. Do everything you can to pull yourself out of that situation.

While talking behind people’s backs may sound like a refreshing fun activity initially, it will definitely come to bite you behind the back in the future.

Also, it will be wise to remember that no one in the organization is permanent. People change and so can their designation. It will be better for you to keep your personal views about someone in your head.

As long as you maintain the idea of treating everyone as equal, you will find yourself amidst a positive working environment at all times.

8. Acknowledge Your Mistakes

Mistakes happen and one of the more noteworthy facts about mistakes is that they can be made by anyone. The wisest thing you can do is to admit mistakes you’ve made.

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Playing the blame game will not only tarnish the name of your peers but also your own. It is always good to avoid getting into a tiff with others. Admit your mistakes and think of remedies or solutions to fix it. For a positive working relationship with your peers, you will need to adopt this quality.

9. Learn to Take on Responsibilities

Passing on your work load might be required when you are overburdened with work. However, when entrusted with a job, you should try to accept it as your responsibility and avoid putting it off to someone else.

Putting off work all the time will only end up creating a block between you and your peers, while they may start avoiding communicating with you at all. When you work in a team, your duty is to cooperate and build a positive working relationship with your teammates.

10. Engage in a Follow-up Routine

As a part of a team, it is necessary to express the fact that you care about your team members and you are also poised to achieve the targets set by your team.

Whenever you get the chance, do not hold back from asking your co-workers about your work performance and whether they think there’s anything you should improve.

Be prepared to be available to change and improve. This will go a long way in presenting yourself as a responsible and willing to learn employee.

The Bottom Line

These are just some of the ways in which fellow team members can build positive work relationships among themselves and work towards taking the organization to new heights. This attitude is  best to achieve overall success for the organization and create an environment of trust and honesty among the employees.

Featured photo credit: Mimi Thian via unsplash.com

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