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159: Discovering Your Entrepreneurial Potential Whether You Are Starting A Business Or Side Hustle


159: Discovering Your Entrepreneurial Potential Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed


Have you ever wondered if starting a business is right for you? Starting a business is both an exciting and challenging endeavor, and recognizing the right time to start is crucial. Determining the right time to start your own business can be a daunting decision. In today’s episode, I help you determine when you’re truly ready to take the plunge into entrepreneurship. I’m discussing five signs that indicate you’re prepared for this journey. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA; if you are not sure if you have what it takes to be an entrepreneur, or if you’ve already started your business, make sure you take the time to think through these signs so that you can bring your passion to life with the successful business you’ve been dreaming of…


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Show Notes:


Have you ever wondered if starting a business is right for you? Starting a business is both an exciting and challenging endeavor, and recognizing the right time to start is crucial. Determining the right time to start your own business can be a daunting decision. In today’s episode, I help you determine when you’re truly ready to take the plunge into entrepreneurship. I’m discussing five signs that indicate you’re prepared for this journey. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA; if you are not sure if you have what it takes to be an entrepreneur, or if you’ve already started your business, make sure you take the time to think through these signs so that you can bring your passion to life with the successful business you’ve been dreaming of…


Welcome Back…If you’ve been thinking about starting your own business, going out on your own, and want to stop working for someone else only to help them reach their goals, I see you, and I totally understand. I’ve been in your shoes. I know how uneasy and stressful a decision like this can be. You might be passionate about an idea or eager for financial independence, but how do you know if you are truly prepared? Let’s explore the five key signs I believe you should have that indicate you are ready to take the entrepreneurial leap.


The first sign is your passion and purpose. Starting a business should be driven by more than just financial gain. True entrepreneurs are often guided by a deep passion for the product or the service they offer. They are on a mission to make a difference. Ask yourself why you want to start this business. What differences are you hoping to make in your customer's lives? When you find yourself waking up every day excited about your venture, it’s a strong indicator that you’re ready to start your own business.


Sign number two is financial stability. Starting a business comes with financial risks. To ensure you are ready, you need to have your finances in order. This means having an emergency fund, a clear understanding of your personal and business expenses, and a plan to support yourself during your startup phase. Are you willing and able to take the risks of owning your own business? As a CPA, I can’t emphasize enough the importance of being financially prepared. It is also essential to ask yourself if the business you want to start is something people want, need, and are willing to pay for.


Sign number three is resilience. Entrepreneurship often involves setbacks and challenges. If you’re able to bounce back from failures and setbacks with determination and a positive attitude, you’re on the right track. Building resilience is often one of the areas I work with my clients on. You need to strengthen your emotional resilience so that you are able to take on anything that may come up in your entrepreneurial journey. Are you ready to make sacrifices for your business? If you ask any entrepreneur if they were able to start and run their business like they initially thought or planned, I’m sure you’ll hear many different stories, and most will likely say they were able to build resilience and the path to their success helped them become the resilient, well-rounded business owner they currently are.


Sign number four is industry knowledge. Being an expert in your field is crucial. If you’ve spent years building your skills and have a deep understanding of your industry, you’re well-positioned for success. If you are still learning, you may want to consider gaining more experience and knowledge before diving in or have a plan to continue gaining the knowledge you’ll need. Also, keep in mind that in most cases, you only need to be a few steps ahead of your customers to help them reach the success they are aiming to achieve.


And, lastly, number five, having a support system. It is essential for you to surround yourself with the right people. A strong support system, including a mentor, advisor, business and life coach, and a network of like-minded individuals, can make a world of difference in your journey as an entrepreneur. As a certified life coach myself, I encourage you to build your support network intentionally. I see firsthand how important business and life coaching benefits my clients.


To recap, the five signs I covered in this podcast to know if you are ready to start your own business are passion, financial stability, resilience, industry knowledge, and a robust support system. If you find you’ve covered all of these, you’re in a strong position to make your entrepreneurial dreams a reality. I encourage you to take the next step by signing up for a free consultation or coaching session with me as your business and life coach. Feel free to reach out to me. I’d love to help you. You can schedule your free consultation or sign up for a coaching session today. As a Certified Public Accountant and Certified Life Coach, I can help alleviate the stress you may be feeling when it comes to starting your business, your career, or your personal life. I’m here to guide you through the financial aspects of your business and help you focus on the steps you need to follow to reach the success you want to achieve in your business and stay committed so that you can continue to keep pushing forward. I’m here to help you with both your business and your personal life so you can relieve the stress, anxiety, or overwhelm you are currently feeling. Having an accountant and certified life coach like me can provide you with valuable insights and ideas to help you simplify your business, which enables you to go back to enjoying your business like you thought you would when you first started it. I work with business owners and accountants to create the actionable steps they need to take to ultimately achieve their goals while getting relief from the stress and overwhelm they feel from the pressure of owning a business, deadlines, and the workload they face every day. If you are struggling with this as well and would like some help developing a solution, help strengthen and maintain your emotional health, increase your well-being, create a more positive, happy, and joyful life, set and achieve your goals, and manage your relationships, I’d love for you to join me in my Balance Life Coaching program so that you can live a more purposeful life. Each week, we meet privately one-on-one, and you get to bring whatever is on your mind on any given week. It could be your highest priority you want to work on, whatever you want more of in your life, or if there is something that is weighing on you heavily that you need coaching on, and we’ll work through it together. Having a certified life coach like me helping you through all of this allows you to feel so seen and cared for, and the results are amazing. Everyone benefits when they work with a certified life coach. After every call, you feel energized, and you know exactly what to do for the week to come, and relief knowing we will meet again the next week to go over anything that comes up after the call. You’ll gain self-awareness while you take each step toward your goals. The investment in this program is an easy yes for you. I’ve set this program up in the most supportive way. If you are ready to join the Balance Life Coaching program, you can go to www.FinancialAdventure.com and click on the work with me button. You’ll see the link to join as well as additional information about the program. Sign up now. There are limited spots available for this program due to the one-on-one aspect, and it does sell out. If the payment link is gone, you can get on my waitlist to join the program when additional spots are available. I help people get results and live a more joyful life. I coach everybody on everything. Everyone has something they want in their lives, and I help them get it. I know this is something you’ve been waiting for. I’ve been asked by many of my listeners to create this exact program. The faster you get access to the program, the quicker you’ll see the possibilities available to you. I also have a risk-free guarantee. I believe so strongly that everyone benefits from coaching that when you sign up today, if for any reason you are not satisfied with your first session, you can send us an email, and we’ll refund you immediately. Are you ready to enjoy your life now? Why would you want to wait? Make this investment for yourself. Take the journey with me…make it happen for yourself. Ask yourself why you need this program in your life right now. Are you ready to make bigger, bolder, stronger life goals? I’m looking forward to meeting with you soon and digging deeper to see where you currently are in your business or career and start creating actionable steps so that you can reach your vision and goals for the future, not only in your business or career but also in your personal life. I’m ready to work with you, see all of your successes, and watch you thrive in your business or career while creating your best work-life balance. I’ll post links to this and other valuable resources for business owners and accountants where you are listening to this podcast.


And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.

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