“I want to go self employed and start my own business – how do I minimise the risk?”

What IS the risk?  

What you put in:

• A few months of your life,
• 10-15 hours a week for a while until you know if it’s working,
• a few thousand pounds invested probably,

What might happen:

• You might not like training / consultancy / design / coding – whatever you plan to do
• or you might not be good at it,
• you might not be able to sell it,
• it takes longer than you thought to get off the ground and you run out of money
• and if it doesn’t work out you might not be able to get back into a job again.  

You have to take some risks in order to start a new business but with help from us you are going to minimise all of those.

Let’s look at those risks at bit more closely:

You might not like training (or whatever you plan to do)

• test it in your existing employment if you can
• if you’ve already left your job, for whatever reason, test it by doing some talks

You might not be good at it

• as above

You might not be able to sell it,

• Selling is learnable
• Do you have some warm customers who you can get started with?
• Check out the video testimonials to see the type of people who are doing this.

It takes longer than you thought to get off the ground and you run out of money

• Most risky would be resign your job and then start building your training business (and some of our group ARE doing that!)
• Much safer is to test it out by starting to build your training business while still employed.  You can at least do all the preparations so you are ready to earn money as soon as possible once you finish with your job.
• If you can move to part time (always worth asking!) then you can build your business in parallel, ideally with your employer’s permission.  We recommend that you start preparing as an overlap, but we don’t recommend that you start selling or delivering without your employer knowing.

If it doesn’t work out you might not be able to get back into a job again. 

• Unlikely – there are always jobs, and you got one last time 

• If you’ve been made redundant, then now is the time, you have nothing to lose.  Once you go back into a job you’ll have been sucked back in, you’ll probably never leave, and you’ll never know what could have been… 

The money you spend on setting up your own business, including, if you do it, the money you spend on my online trainer programme  –

• …which is nothing compared to the amount you’ll earn. Details here.

In the final analysis, you can’t succeed without taking SOME risk. It’s sensible to minimise it, but not sensible to avoid risk entirely, or you’ll never achieve anything….

For information on becoming a trainer, and getting help with that: www.successfultrainers.com