New Business: You Won’t Know Until You Know

By
Ché O'Donnell-Gibson
|
October 6, 2015

I have been running Alike now for 2 years. Over this time, I have seen lots of freelancers and businesses come and go as members.

The reasons they come on are generally the same – they want space to work from, with flexible terms, no investment and a community to be a part of.

However the reasons they move on vary.

Some outgrow the space as their companies grow and they build long term confidence in their business and become ready to commit resources to their own office – a great position to be in.

Some change course and move towns, countries or industries – an appropriate move.

Yet, some are starting new businesses for the first time which end up not growing as planned and have to either step down to a virtual office solution or stop the company all together.

This is not a situation anyone wants to be in yet becomes the reality for some and hard decisions need to be made.

I want to make myself perfectly clear when I say that there is NO SHAME in stepping down!

The reasons companies don’t grow as planned or go backwards in growth are various.

Going out on your own for the first time is not easy and expected growth can simply not go as expected – no matter how much hard work you put in.

What I respect are people taking on a challenge and really giving it a go. They learn a lot about themselves and business in the process. As I have, being a part of their journeys.

There is only so much research you can do before taking the plunge. There will always be the inevitable nerves when jumping off and taking the leap simply takes courage.

If your thinking of starting a new business – you won’t know until you know. Do your homework then take the plunge.

If it doesn’t go as planned, you will know why and then you can get back up and try again…this time with experience!

Cheers,

Ché.

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