Perhaps you are tired of your regular job, or maybe things are not going as you would like. Not to mention, you may be tired of clocking in and you may feel as if you need a change of pace. You might even have the constant gnawing feeling that there is more out there for you than what you are currently experiencing. If this is so, why not venture out into the world of being your own boss?
Here are a few signs that you should start an online business:
1. You became unemployed during the pandemic
2. You have the feeling of being stuck
3. You want to help people
3. You are dissatisfied with your job
4. You like making your own schedule
5. You have savings
You Became Unemployed During the Pandemic
COVID-19 has greatly impacted Americans emotionally and financially. In the Spring of 2020, many states issued lockdowns and curfews. As a result, a good number of workplaces closed, leaving 49 million people out of work. Some consider the job loss during the COVID-19 pandemic as the greatest job loss since the Great Depression. Luckily it is no longer the 1930s. If you are one of the ones that lost a job during the COVID-19 crisis, starting your own business would certainly pull you out of a financial slump. People have a much greater chance of making it in a crisis in today’s technological age. Being an online business owner would work to your advantage in multiple ways:
- No need for brick-and-mortar buildings
- Saving money (not paying to rent a building/utility bills)
- Opportunity to have a worldwide customer base
- Opportunity to handle business affairs from any location
- Global access
- Flexibility in your personal life
- Easy transactions
You Always Feel Stuck
You might be a person who is constantly thinking of new creative ideas. You imagine yourself doing much more than what you are already doing. The days blur by and you feel as if you are going through the motions. It feels as if you are in a rut and you daydream about getting out of it. If this is the case, you are not alone. Become an online business owner and turn your dreams into reality.
You Want to Help People
There is a nagging feeling inside of you that makes you feel as if your product can help. You know for certain that what you have to offer will be beneficial to your customers and you want to serve the people. When you genuinely want to help people, then you help yourself as well. A kind, giving, selfless spirit always wield results. The most successful business ideas always come from someone’s dream of helping others.
For example, if you decide that you want to launch an online skincare product line then you would want the products to leave your customers with better skin. This means you care about the nature of your customer’s skin. You are concerned that your products will help all skin types and leave every buyer moisturized.
If you decide to do an organic or natural skincare line, it would make sense to give your customers organic or all-natural products. You understand that people want what they pay for. On the other hand, if you decide to do a vegan skincare line that your customers need top-quality vegan products. You are concerned about the wellbeing of your customers and you know that the key to good business is more than just sales.
Also, a thorough list of ingredients should be made clear to buyers. You would not want to interfere with any allergies a customer may have. Being mindful of the customers’ needs means loving what you do as a business owner. Also, let us not forget it is not always about the customer but the employees as well. When your workers are happy, your business is productive. Therefore, you love your business for more than the money you make off it. The personal ties you have in your business will cause you to work hard and not give up.
In other words, if being concerned is in your nature then you would make an excellent online business owner. You have what it takes to keep business booming.
You Are Dissatisfied With Your Job
The day has come. You realize you are completely and utterly disappointed with where you work. Then, you may begin to have feelings of hopelessness. Maybe you search through help wanted ads every lunch break. Your current job may just not be a good fit. Unfortunately, it happens to the best of us. Here are some signs you may need to take a different route:
- You find assigned work duties to boring or unrewarding
- You feel as if your efforts go unappreciated or unnoticed
- Your cause you discomfort
- You feel as if the company/bosses do not support you
- You disagree with how the company is managed
If you agree with the above list, then now is the time to embrace your current situation. Many people are dissatisfied with their jobs but never go any further. Maybe they think it is too much work or maybe they feel as if they will not be able to be a successful business owner. Understandably, it may be scary leaving behind stability. However, trust yourself and step out on faith. It is time to step into the life of becoming your own boss.
You Like Making Your Own Schedule
A lot of times, the times that you must work might not necessarily be the time that works for you. Perhaps you work each day of the week and your off days are on weekends. Maybe your sick days have been used or maybe you did not have any.
Therefore, there is no opportunity for you to make appointments. Not to mention, it is difficult being a parent and balancing work. Wouldn’t it be nice to be able to pop in at PTA’s and parent conferences? If you dream of working on your own time at your own pace, then become an online business owner. Start choosing the times you work.
You Have Savings
Most new business owners have a good turnout. Usually, the community does not mind supporting business ventures. You may be surprised at the number of buyers you will receive. Still, it is good to have savings until the business can stay afloat. It is beneficial to be knowledgeable about how long you think it will take to make adequate profits from your business.
Of course, you may not know the exact amount of money you spend on groceries or paper towels, but it is still good to have an estimate. Splitting your finances into categories such as bills, food, and leisure is crucial. In addition, it would be helpful to consider methods that you would need to take to make your business operate around your current standard of living.
The most resourceful and successful business owners are ones who are very aware of their personal finances. Keep in mind, knowing where you stand financially leaves plenty of room for prospects and possibilities. Let your savings lead you down the path of being a determined and smart business owner.
Of course, starting an online business will not happen overnight. However, hard work and sheer determination could turn into a huge payoff. If you are a natural-born leader and you believe in growth, then become your own boss. Save yourself the daily commute to work as well!
Sources: Entrepreneur, Bankrate, themuse, socialnomics