People often don’t think at all while starting a new business. On the other hand, overthinking was a big reason for so many businesses. We are in a universe of rush! Where decisions should fast as well as precise. But for making things pixel perfect new dreamers can never come out of their dreams. They often keep dreaming. Their next unicorn flies into the clouds of fantasies. There is a 62% more chance of failure in real life if the business is not started while the idea is worm. 0% failure rate can observed on business stating in fantasy though in today’s topic, we’d only be talking facts in real life! Sit tight!!
So why not now, why tomorrow?
You got me! I am damn sure, you won’t do it today. You still need to overthink (Lite Version). LOL!
1. You need money
You need money, I need money, Everyone needs money! Why? Because the chances are as an SME, or a fresh starter you are in a very tight budget. Most of the small business nowadays opted to start not because they’d love to; sometimes it’s because they’d need to. There is need. To support the family, support the kids, support the education, medical, financial, commodity and the list goes on! To be successful in a tight budget, you need a basic plan. Then you need to be prepared so that you can start offering your product or service to the one who needs it right now! There is your business. If you don’t start, how would you find the right guy to become your customer. There would be some flaws, some ups, some downs, but you will be able to generate money for your business to survive.
Start small, grow big!
2. You are not a venture capitalist, nor you have an angel investor
In any of the case above, chill! You’re alone, so act fast!
You don’t have time to waste. If you need a prototype to get an angel, start right away. If you are thinking of a VC to invest on your business, you need to act. Show some guts, show some steadiness after that, think about being lazy and wasting money on meetings and revised decisions. Even a VC company will not tolerate you sitting idle with their money in the bank. It was supposed to be rolled on to reproduction. That’s how money works.
So, with your own little money… you are urged to start!
3. Starting Early, kills competition
Kickstarting your business always has benefits of its’ own. You can stay ahead of the competitors. You don’t know what offers are to be there if you get another or two competitors! There’s a chance if you miss out your early entry, you’d be facing so many hurdles. Be sure to hop in early to get profit early!
4. You set the rules
Nobody loves other’s rule! When the rule is made by the rival, it’s a disaster. But you believe in setting your own rules? Don’t worry, start earlier than your rival and make the rule. Let others comply with your rules, not vice versa!
5. You want to win
Who doesn’t want to win in business? Everyone! So it’s crystal clear. If you want to win in achieving your goal in business, why not just start your business tomorrow? It will be much more efficient if you do. When you start way more earlier than others, you achieve your goal early. Isn’t it?
6. You find names easier, than some time far away
Often I get clients who start, but their registered company cannot get the desired domain on .com extension. Almost everybody wants to be on the .com side of the internet. There are some tech and startup oriented great domain extensions available to launch your business with, but if you want a widely recognized extension to register your domain on, you better hurry! That would be a wiser decision.
Sometimes, not just online; this sort of frustrations even happen while you go to municipality center, city corporation or any other government bodies who issue licenses/permits to setup your business in the locality.
7. Domain Authority: Your SEO Ranks Earlier
Search Engine is the key to your business success no matter your business is based on a physical structure or online. You will need time to understand this if you are less familiar with online infrastructure. It is not your bad, the are possibilities that you are not a tech savvy as me. Or you are just a newbie online who is gathering some information online to be online! Keep in mind, your business can gain customers from online ads or Facebook boosts which you’ve already heard of I believe! But still the organic traffic converting into leads converting into a customer is a different thing. They come by searching by the “key” words they were looking for. So, they are likely to be the perfect customer you want.
And registering and hosting a perfect website to be found on Search Results is very crucial. The more aged your domain is, the more domain authority you have in search competition; thus increasing the chance of appearing upper in the result page!
8. Your Trade License and Bank Account Gets Mature Early
You want business expansion? You need bank loan? You need credit card? You need facilities? You need older trade license which is around 2 years at least and a bank statement of your last 6 months transactions. You need to have your business portfolio healthy even to get investors in your business. You better start your business tomorrow.
9. You don’t want to lose your passion!
You heard this so many times. But never realized. You’d say, “nope, I’m not that dumb”. Yeah I believe you, don’t worry! If you think with your own instinct, you’d find out how much we waste our time of foolish things like meeting and meeting and eating then making restaurant bill bigger. See, you just made money for another entrepreneur while you guys sitting still and thinking of starting your business just before Elon Mask finishes colonizing mars. But unfortunately, you will have no or little interest left in your passion by then. You did too many research for these so many months or even years. So, it is now the time to take some little action by starting your website tomorrow. Then slowly make content, get registered, connect the pieces of your business one by one. It will ready in a little time.
Conclusion
Focus on making money on the first stage. Try making from the very little. Keep making money and keep growing your business with that money. Always keep in mind, act early before it’s too late!
