Why not do something to achieve your dream of becoming an entrepreneur today?
Many of us have thought about starting our own business. We have a passion, an expertise, an intuition that our idea might work. And the reality is that, even if you are gainfully employed, rarely is a job secure and someday, you may have no choice but to be self-employed. So why not do something now?
We hesitate to test ideas, for lots of reasons – most of which have to do with lack of resources: money, time, people, materials or the requisite knowledge. And we implicitly adopt an all or nothing approach to starting a business – which sets us up for failure.
An alternative methodology is to invest small amounts. For example, what could you do with $500.00 to assess the viability of your product, service or business model? Set a goal and time frame to test the feasibility and whether it is worth another small investment of whatever resources are needed, to move the idea along – or re-shape it.
Don’t be in for a penny and a pound when figuring out if your idea or some version of it might be feasible. Opt for the penny.
This article originally appeared on donnadecarolis.com.