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“Amateurs sit and wait for inspiration, the rest of us just get up and go to work.”
Some founders don’t think of starting a family business right from the start. They’re business people who have dreams and ideas, and when successful have an established business that needs a successor, just like any other business. So what are some tips to get started?
Whether its an online business, home business, or just a plain old great business idea, you have to start from somewhere. I like the advice Jaime Tardy gave an excellent example of where to start. Don’t focus on your “passion,” focus on the “need” of t he market (p. 74, The Eventual Millionaire). She goes on to say, “The best attempt is to match your skill (not passion) with a need in the market” (p. 75). She also quotes Cal Newport, who wrote So Good They Can’t Ignore You: Why Skills Trump Passion in the Quest for Work you Love,
1. People who end up loving their work rarely have definitely preexisting passions
2. Don’t seek the perfect job, seek to get more positive traits in the job you already have
3. Don’t set out to discover passion, set out to develop it.
So, the first step in setting up a company is to realize a need, and work around that, and work hard at it, sometimes 80 hour weeks to get a company up and running to provide value. What do you know? What can you do? Don’t think your family with support you, even if that is your eventual attention, focus on what you like.