Self Employment is as profitable if not more profitable than being employed. The qualities you need are Determination, Desire to Succeed, Self motivated, be Willing to Learn, Be Responsible and have an Open Mind.
Don't believe people who make it sound nearly impossible but please take guidance and plan. Failing to plan is truly planning to fail. 3 tips to starting your own business are:
1. Seek a Business Adviser\Consultant. Most good ones have your interest at heart, are independent and your success is their success. So their lies their motivation - seeing you succeed
2. Plan. A Business Plan (BP) is a tool that helps you get down on paper in a structured manner a lot of the things you have in your brain. It then enables you in a step by step manner plot your path to putting the pieces of the puzzle together by combining external and internal information you have gathered. You can then see the full picture. After all if you can't do it on paper (theory) then how do you plan to do it in practice.
3. Don't procrastinate. This is where most people fall down. All is set, a plan is in place, money is not a big obstacle, or alternatives have been found but then they begin to continue to work on the BP. The make the BP the business and continue to fine tune it, carve it, polish it, chopping and changing it, instead of beginning to implement it. Just do it.
Of course there is more to starting a business than just this, but get this right and you are on your way.
See www.rbssconsulting.com for further practical help.
Remi Okeshola
Managing Director
www.rbssconsulting.com