The StartUp
Checklist By Naida Nuñez
IT’S HAPPENING! AFTER CAREFUL CONSIDERATION AND SOUL-SEARCHING, YOU ARE NOW READY TO TAKE THE LEAP. YOU TRUST IN YOURSELF AND YOUR ABILITIES, AND THAT’S THE ALL-IMPORTANT BEGINNING.
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ou’ve got this brilliant idea in mind. You’ve been daydreaming about it. It may be the next BIG thing. How does one turn these ideas and intentions into an actual business? When I first started working from home, I was told that we all just need a plan and go from there. But to be honest, that is like taking a leap into the unknown with a blindfold on. Back to you. Now that you’ve chosen to take the leap, deciding your first step is often the trickiest part. You can see yourself happy and successful in this new business idea, but the space between that and your current situation looks a bit blank at the moment. So, where exactly does one begin? Great question. See, you’re already thinking like an entrepreneur! So, let’s start with 3 of most important must-haves in starting a business:
Finances Ignorance is bliss… except when it involves your finances. Most businesses require that you have the correct tools, gadgets, and equipment to run your business, man-power, etc. So, YES, you’ll need funds. Also, ensure that you set concrete goals for exactly how much you wish to earn and save, as well as how much expenses you have per month in total. 42
| MUMPRENEUR MOVEMENT
Suitability Starting and running a business requires specific skills so it’s essential that you identify the skills that you have, and also the ones you need to improve or learn. Ask yourself if you have the right skills, knowledge and mindset to run your own business. It’s also best to settle on a business that supports your passion, skills and interests. But it’s also important that you assess whether your passion has a profit center before you start that business.
Time We’ve all had those days where we ask ourselves ‘Where did the time go? I’ve got deadlines approaching!’
This happened to me plenty of times when I first started. I’m sure other mums in business can relate. If you are not treating your business just like the investment it should be, start to think about budgeting your time in the same way you budget your cash. “How can I manage my time better?” is a question that crops up with alarming regularity. So, let me throw in this one tip that actually worked for me: PLAN AHEAD.