Some business owners, like Chelsea Singh, always knew they were going to run their own business. There was simply no question about it, it was an itch that had to be scratched and was just waiting for the right moment.
Others start out in normal employment and just consider running a business as a possible alternative, thinking about the benefits of freedom and potential wealth it could bring.
So if you’ve got the itch, how do you know if you’ve got what it takes to actually make a success of your own business?
You’ll need resilience and a thick skin to make it on your own in the business world. Criticism can come from all sides, including well-meaning friends and family who think you’re making a mistake and it’s all going to end in tears.
Then you’ll meet other business owners who criticize your ideas or methods or might be deliberately malicious if they think you’re infringing on their territory.
Also, not all customers are reasonable, and every business owner has their share of rants directed at them, no matter how unreasonable, or how much they’ve bent over backwards to try to keep the client happy.
If you already know that you’re sensitive to criticism, and every time anyone disapproves of anything you do, you spend weeks brooding about it, then it might be worth reconsidering running your own business, and the benefits may not be worth the anxiety that will also come along.
If you’re a bit sensitive, but think you can take it, then prepare yourself for a bumpy ride and hang in there!