There are many reasons for wanting to start your own business, and most of us get to this point. Which one of the following applies to you?
- Freedom from daily routine.
- Doing what I want when I want.
- Improve my living standard.
- I want creative freedom.
- I want to fully use my skills, knowledge and education.
- I have a product/idea/service that people need.
- I’ll have more time with the family.
- I won’t have a dress code.
- There are good tax breaks for business owners.
- I’m a Type B person and work best alone.
- I want to be my own boss.
- I want to make the decisions.
There are 7 phases to business planning. They are:
- Investigation Phase
- Planning Phase
- Start-up Phase
- Operating/Monitoring Phase
- Problem/Challenge resolution Phases
- Renewal/Expansion Phase
- Selling, Transferring, Retirement Phase
In the Investigation Phase you take a look at yourself and
also your business options. There are
careers that are suited to personality types, so the first thing you must
discern is “Which personality type am I?”
Duty Fulfillers
This is an
introverted personality who is serious, quiet, thorough, orderly,
matter-of-fact, logical, realistic, and dependable. They take responsibility, are well organized,
know what should be accomplished and work steadily toward it disregarding
distractions. They are careful
calculators, and 20% of this group become accountants.
The Mechanics
These are
also introverts and are cool onlookers.
They are quiet, reserved, observing, and analyzing life with a detached
curiosity and have unexpected flashes of original humor.
They’re usually interested in cause and effect, how and why mechanical things work, and in organizing facts using logical principles. They usually are craftsmen, mechanics, or handymen with about 10% becoming farmers.
They’re usually interested in cause and effect, how and why mechanical things work, and in organizing facts using logical principles. They usually are craftsmen, mechanics, or handymen with about 10% becoming farmers.
The Doers
These
people are extroverts who are good at on-the-spot problem solving, don’t worry,
enjoy whatever comes along, are adaptable, tolerant, and generally conservative
in values. They tend to like mechanical
things and sports, and dislike long explanations. They are best with “real”
things that can be worked, handled, taken apart, or put together. About 10% of
this type go into marketing or become Impresarios.
The Executives
These are
another extrovert group and are hearty, frank, decisive, leaders in activities
and usually good in anything that requires reasoning and intelligent talk, such
as public speaking. They’re usually well
informed and enjoy adding to their fund of knowledge. They may sometimes appear more positive and
confident than their experience in an area warrants. They’re sometimes called “judgers” and
“thinkers” and 21% of this group become legal administrators. To go into each personality type would be far too complicated,
but to give you an idea of the roles that personality types could fall into
look at the following list. Beside the
categories we covered in depth here are some simply broken down into Introvert
or Extrovert Personality.
Introverts choose careers that satisfy being:
- Nurturers
- Guardians
- Artists
- Scientists
- Protectors
- Idealists
Extroverts are
usually:
- Performers
- Visionaries
- The Inspirers
- Givers
- Caregivers
The second part of the Investigating Phase is looking at
your business options. When choosing the
business you want to start consider the following:
- Do you like to work with your hands or brain, or both?
- Does working indoors or outdoors matter?
- Are you good at math, writing, puzzles, blueprints, installing things or fixing things?
- What interests you? What are your hobbies?
- Do you like to work alone or as part of a team?
- Do you like to plan things, or go to events?
- Do you like machines, computers?
- Do you like to drive or operate equipment?
- Do you like to travel, collect/display things, give/attend shows, or take pictures?
- Are you small, large, strong?
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