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The start-up boom is coming. Are you ready?

Article written by Mike Anderson (NSBC Founder & CEO)

Success is yours to discover. Imagine!

There is no time like the present to start investing in your dream. The pandemic has highlighted to many that tomorrow is not always granted and we need to do what we have been putting off today. If you have enjoyed the freedom of working from home or dreamed about being your own boss, now is the time to go for your dreams.

Seasoned and aspiring entrepreneurs alike are excited and preparing to take advantage of a newly energised nation with a pent-up desire to spend. Although this may not appear to be so right now, there is no doubt that a frenzied ‘Start-up Nation’ is on the horizon. This is on track to be a global trend, with millions of start-ups expected to take flight.

If you aren’t sure how to start and what your new business will be, but you’re hoping to ride this new wave of opportunity – Your business starts right here!

Don’t wait until the conditions are perfect

If you have decided that the entrepreneurial way of life is for you, then act now. Take the small step of getting your business or company registered, even if you have no name or any idea what you want to do. These small steps of entrepreneurship will inspire you to act on the next steps. Soon, you will have the idea, the name of your company, the business plan and before you know it, you will be on your path to where you want to be.

If you are serious about taking control of your own life, become closely associated with the NSBC and Launch My Start-up initiative. This journey will give you all the insights, tools, start-up guidance, how to register a company, business ideas, learnings, access to professionals etc. So, if you ready to go, let’s get you going.

Don’t worry about the ‘How’

Focus on the ‘who’, not the ‘how’. Find out what you are interested in, where your strengths are and where your passion lies. This is a great start. Then look to see where you can combine these into a business idea. Even if this takes a while, it doesn’t matter as you are doing something about it.

Then find out who in the world that has done it the best and then start modelling the success of this person or these people. Forget about ‘trial and error’. Model the success of others, self-educate and go for it. Your idea doesn’t have to be original. There are many businesses out there and there is a good chance that your idea has been done before. This doesn’t matter at all. What matters, is that if the business has been done successfully by others, then there is no reason why you cant add flavour and go on to make another success of it.

What will make you a fortune

Never stop learning. One of my favourite quotes is by American entrepreneur, Jim Rohn, who says, “Formal education will make you a living; self-education will make you a fortune.”

The growing trend is entrepreneurship. Self-education is one of the most powerful keys to become a successful entrepreneur. Keep learning every day. Follow the best and learn from the best through videos, podcasts, success guides, webinars, social media, Google etc. Self-education is about practical experience where you actually apply knowledge and is an ongoing, life-long process. Self-education will give you practical life experience blended with knowledge. You can’t go to school and get your degree in self-education because it is the school of life that hands out the degree. Even mastering one thing such as marketing is intense and can take years.

If you take a look at the top businesses in the world, almost all of the CEO’s don’t have a formal education degree. Then again, if you look at the world’s most successful mega-entrepreneurs, in the most, they became successful through self-education.