We Are Going To Be In Istanbul Next Week!

We are going to be in Istanbul next week visiting our top 10 woodworking machinery suppliers for Canada  at the woodworking show, Unalsan Dust collectors, Elfamak CNC routers, Turanlar  edge bander, Kama finishing machines,Hasmak edge banders, ustunkarli sawmills , Form pallet machinery, Bala vertical panel cutting machineries.

Let’s cut to the chase. As entrepreneurs, you and I know that a lot of people talk about business ideas. But very few people actually follow through with action. Even fewer strike while the iron is hot and start their business before another opportunity passes them by.

There are three main factors you should consider when deciding if now is the right time to start your business: Opportunity, Resources, and Urgency. Consider which of these factors make the most sense for your current situation. Opportunity – Are there other start-up businesses in your industry that are currently in high demand? Are you able to see gaps in the market that need to be filled? Do you have a skill set that is currently in demand? If you know of a market opportunity, you’ll have a much higher chance of success than if you start a business with no foreseeable demand. No matter how great your product or service is, it’s difficult to break even in a saturated market. Resources – Do you have access to the funds you’ll need to start your business? Do you have the assets, connections, and resources you’ll need to succeed? Do you have any personal or family debts that may hinder your start-up funds? If you don’t have access to the start-up funds you’ll need, it’s difficult to start a business. You’ll have to take out a loan, which will take time to be approved and will likely carry a high interest rate. Urgency – Do you have a sense of urgency to start your business? Are you ready to make a radical life change? Are you ready to invest your time and energy into a business? If you’re ready to make a radical life change, if you’re ready to take a leap of faith and follow your passion, or if you’re ready to be your own boss, then it’s likely you’re ready to start your business.

Starting a business is risky because you don’t know if it will succeed and you don’t know how much it will make. You are investing your time, effort, and energy into something you have no control over, which can be nerve-wracking and scary. Starting a business is risky because you don’t know if you’ll make enough money to support yourself and your family. If your business fails to bring in enough revenue, you could lose your home, have your utilities disconnected, and have your car repossessed. Starting a business is risky because you don’t know how much money you’ll actually earn. You could become overwhelmed with the daily tasks and have a hard time keeping up with the expectations of your clients.

Starting a business is risky because you don’t know if it will succeed and you don’t know how much it will make. You are investing your time, effort, and energy into something you have no control over, which can be nerve-wracking and scary. Starting a business is risky because you don’t know if you’ll make enough money to support yourself and your family. If your business fails to bring in enough revenue, you could lose your home, have your utilities disconnected, and have your car repossessed. Starting a business is risky because you don’t know how much money you’ll actually earn. You could become overwhelmed with the daily tasks and have a hard time keeping up with the expectations of your clients.

Before you start your business, you will have to make sacrifices and commit to it 100%. You’ll have to set aside a certain amount of your time each day to make progress on your business. Start your business with a clear plan and a daily schedule. You’ll have to make time for yourself, rest, and exercise. You’ll have to cut out all the unnecessary things in your life, like hanging out with your friends, reading magazines, and watching television. You’ll have to be ready to say no to special requests from your family or friends. Your business is your number one priority. You can’t just put in a few hours a week; you have to be ready to commit to a full-time schedule.

Before you start your business, you must be certain what your end goal is. What is the main reason you are starting your own business? Are you ready to take a risk? Are you ready to sacrifice time with your family? You must be certain of your end goal and strategy. You must be able to answer the following questions before you start your business: When will you start your business? Where will you run your business from? Who will be a part of your team? What are you passionate about? What are you good at? What are your weaknesses? What are your strengths? What do you hope to achieve? What is your strategy? What will your niche be? What types of products/services will you offer? What is your projected income? What is your projected cash flow?

Before you start your business, you have to be 100% committed because there will be no room for excuses. There won’t be any excuses for why you didn’t finish a project or why you didn’t communicate with your clients. You’ll have to be 100% committed to action. You’ll have to be disciplined, passionate, and ready to take risks. You’ll have to be ready to make the tough decisions without stressing out. You’ll have to be ready to say no to your family and friends. You’ll have to be ready to say no to your bad habits, such as watching TV, reading magazines, and hanging out with friends. You’ll have to be ready to ignore the naysayers, put in long hours, and sacrifice your social life.

Starting a business is not easy, but the journey will reward you in so many different ways. You’ll learn new skills, meet new people, and have the freedom to make your own hours. You have nothing to lose and everything to gain. Start with the 3 steps outlined above, clarify your passion, and most importantly, be ready to commit 100%. No excuses.