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The Day Laura Decided To Quit, And What She Did Next To Find Her Small Business Idea

She'd had enough...

Laura watched as her boss stormed out of the room after another stressful download... 

Once again, Laura was being asked to stay back and finish a pile of extra work that wasn’t hers...

As Laura's boss made it to the other side of the room to speak with another manager, Laura could see them both turn towards her desk...

And continue their conversation with a wry smile on their faces...

She was certain they were talking about her.

That was the last straw.

The fire began to burn inside Laura...

And in that moment, she made the decision she wasn't going to put up with this anymore.

Laura saw her corporate career flash across the screen of her mind...

Sitting behind a computer screen, day after day, arriving early and leaving when it was dark...

Living for her weekends only to spend them cleaning, running errands, and fitting in the things she didn’t have time for during the 9-to-5 rat race.

Laura was looking for a way out...

The fire was well and truly lit, and now all she needed was an idea and a plan.

 

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Maybe you've found yourself in Laura's position?

As an unfulfilled employee, you've reached your limit and now you're committed to starting a small business of your own...

Congratulations! You’re not alone…

The same fire is lit for thousands of people around the world every day, who decide they’ve had enough and they want to build a life on their own terms.

Unfortunately, most never take that leap.

Or worse…

They take the leap only to find themselves returning to life as an employee because they didn’t have what it took to make it as an entrepreneur. 

My focus is to make sure that doesn’t happen for you. 

In this blog series, we’re going to follow the journey of Laura as she goes from the moment of decision to quit the 9-to-5 rat race…

To starting a small business of her own....

All the way through to her life as an inspired, full-time small business owner. 

To begin the journey, I’m excited to share with you 4 of the fastest ways to help you find small business ideas so that you can take the first step towards escaping the 9-to-5 trap...

 

  1. Create Solutions to Everyday Problems

 

What's something in your life that you've found really irritating (besides situations and bosses like Laura's)?

Take yourself to the moment in your everyday life where you face a problem that is big enough to get under your skin, but not quite big enough that you've tried starting a small business to resolve it. 

If you start writing down a number of these situations, you'll soon have a long list of small business ideas and opportunities where you can make a difference to help overcome problems that you (and many other people) are dealing with.

Even if some of your small business ideas already have solutions created, could they be better? Could you make the process more efficient? Could you create a less expensive option or a solution that's more enjoyable for people?

 

  1. Find The Idea Within Your Current Job

 

If you spend an average of 8 to 12 hours at your desk every day, then one of the ways to get the most out of them is to stay alert for new small business ideas!

What are the processes that your employer currently implements in their Sales, Marketing, Finance or HR departments?

If you’re not in the corporate world, what processes does your employer have in their Customer Service, Communication, Product/Service Delivery, or Marketing?

How could they be made more efficient or effective?

If you look closely, it's virtually guaranteed there will be a flaw somewhere in each of these and it's often the case that businesses are just too busy to spend the necessary time to resolve them. 

This is why companies spend millions each year between them on new software or hiring people to come in and fix these issues. 

So, what's not working, and what small business ideas can you come up with to fix it?

Also, observe the people you're working with. How are they interacting with each other? How are they feeling and behaving when they're at work? It's no surprise that millions of employees are unhappy at their workplace, so what are some ways to help people reconnect with their work and give them a greater sense of ease or enjoyment?

People are the lifeblood of any organization so if you can find a way to make their lives easier whilst you're still within your company, then you could very quickly find some brilliant ideas to help with starting a small business of your own.

 

  1. Connect With Your Passions and Interests

 

It sounds so simple.

"Just do what makes you happy." "Follow your passions." I'm sure you've heard these before.

So why is it so difficult to turn these types of small business ideas into profitable ones?

The answer usually comes down to a lack of focus and consistency when taking action on them.

This is because the 9-to-5 system is structured in a way that you become fixed pouring mental and physical energy into what you don't enjoy... 

Which leaves you with virtually none leftover at the end of the day for what you DO enjoy.

To help with starting a small business and lifting yourself out of the 9-to-5 cycle, it's important to look deeply at your previous work experience and pay close attention to what you liked and did not like in those roles.

 

  • Did you like writing or speaking on the phone?
  • Have you always enjoyed being with people in a group environment, or do you prefer to be alone?
  • Are you drawn more towards knowledge and information products, or physical products?

 

These are just a few examples of questions you can ask to begin connecting the dots between where you've come from to where you are now…

And come up with a list of small business ideas that inspire you.

No matter what your previous experience, you’ll naturally tend to gravitate to what you value the most…

And if you take some time to think back over your professional history, it won't be long before you remember exactly what you enjoyed about all of the roles you had. 

Once you have a list of memories written down, it'll become clearer and clearer how you can use those experiences to begin experimenting with some small business ideas of your own.

 

  1. Focus On Your Strengths

 

Starting a small business is going to require wearing a lot of hats, especially in the beginning…

So to give yourself the best possible opportunity of staying focused and persistent through the difficult challenges, it’s important to focus on your natural strengths.

In my SMS: Finding Your Fire mini-course, we have simple and powerful exercises to help aspiring entrepreneurs discover their strengths and come up with a range of inspiring small business ideas

Essentially, the aim of the exercise is to set aside some time and look back over your previous work experiences. From all of those experiences, write down where you showed the best results. 

What were you always really good at?

 

  • Were you an excellent communicator?
  • Could you understand clients better than most people?
  • What about solving complex problems, developing systems and structure, or bringing a creative flair to otherwise boring environments?

 

Wherever you show great strength of ability is where you should place a significant amount of your attention because it means you’ll be far more likely to progress through challenges... 

And when you get really good at it…

You can build a team around you that fills in the gaps so that you can focus on what you do best. 

Look carefully over your list of jobs, projects, tasks, and experiences, and ask yourself, “Where would I have an advantage in the small business world?”

This exercise should help you find the answer. All you need to do is give it some dedicated and relaxed time to complete. Clear your mind and environment of stress so you can tap into your memory and get into the flow…

Then you’ll open up a wealth of new small business ideas and create a list that will soon be the birth of your own small business. 

 

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Some people can put up with the 9-to-5 trap because the goals are worth it for them.

 

The promotions...

The benefits...

The bonuses...

And recognition...

 

Are all enough to keep them going through the painful moments and periods of frustration. 

But for the true entrepreneurs at heart, there's no desire to climb the corporate ranks or make a ton of money...

Especially if it means doing something they don't like.

So for those with a burning fire to do good for others, wake up feeling excited, make their own schedule, see their friends, and experience all of the other things that can come with starting a small business doing what they love...

It means stepping out of their comfort zone and making the decision to commit to making it happen.

And this all starts with finding small business ideas that fuels that fire. 

I hope this article helps you to step out on your journey!

P.S. Make sure to keep an eye out for the next article where we'll join Laura's encounter with the question all aspiring small business owners face, "Do I Really Have What It Takes To Be A Small Business Owner?"

 

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KEYWORDS:

 

7x - starting a small business

11x - small business ideas