top of page
Search
  • Matt

THE LEAP OF FAITH: Starting a New Business

You have all heard it before, "you're either born with it or you're not." Having been involved with hundreds of people within my business experiences, this is 100% factual. However, the difference between someone "without it" building a successful business or failing comes into their ability to expand their comfort zones by challenging themselves, improving their knowledge and skills relative to the business, and being open-minded to consider other perspectives. Regardless if you have "it" or not, starting a new business is truly a leap of faith into the great unknown.


Luckily, there are many, many great resources that are 100% free out there. These are the resources that allow you to teach yourself without paying a dime besides your internet or cell phone data bill. I'd like to think that The 3XP Group is a great resources for such information, but of course, it is not free except for the free consultation, of course. So, when starting a business from scratch, should you retain The 3XP Group? I believe so. Let me explain why:


Firstly, it is very, very easy to make a mistake in the beginning phases of starting/launching a business. Of course, if you have done so before at least once, you have gained a wealth of knowledge and experience. Having started or helped start businesses over the last seven years, I'd like to think that we have gained a lot of experience in general while also gaining experience in the businesses' respective markets. Luckily for you, we have made a few mistakes in the beginning that we learned valuable lessons from. Name selection, logo creation, website design, business pricing, etc., all must be proper for a business to take off. Of course, the business has to be viable to begin with, which means there must be a "need" for the business or, at a minimum, an opportunity within its respective market. We can help you go over the in's and out's of launching from scratch while navigating you away from vulnerable areas that could lead to problems or issues down the road.


Secondly, you could invest the same amount of time, money and effort into growing a business from scratch without a consultant. It is hard to put your finger on how to value experience and lessons learned throughout the experience, but rest assured, if you do this by yourself, you will make mistakes at some point. It will cost you something - time, money, clout, respect, or any combination of such. You will likely have two outcomes from such: 1) you'll have the opportunity to overcome the mistake or 2) you won't. If you don't overcome them, you'll lose very valuable time and money. This is what we can help you avoid by providing positive direction and perspective. You're not necessarily paying exclusively for our current time while consulting you but all of the time spent learning the valuable lessons that we have over time.


Third and last, you can be assured that you will make back what you spend on a valuable consulting relationship with The 3XP Group. You don't have to hire us full-time for an entire year or more. You don't have to provide us with benefits. You don't have to train or educate us to help you. Frankly, it is likely that we will be able to teach you something new and valuable along the way. Turning a profit and growing your profits are two different tasks, but we will work hard for you to accomplish this in short order. Retaining and keeping a consultant such as The 3XP Group can help speed up your profitability, clean up operations, make better business decisions, and educate you along the way. At the end of the day, you're paying us to help you. The goal is for you to leave our relationship with enough knowledge and experience to be able to provide what we could. That is definitely worth more than the cost one would incur from retaining us.


With that all being said, the leap of faith can be intimidating. There are a lot of big decisions to make before doing it. Do you bring on a partner from the start? Do you have enough funds to do it correctly? Are you doing this to make a living in a make-it-or-break-it fashion or are you doing it as a side hustle to see where things go? Do I know enough about the service or product of which I'd like to sell? Is there space in the market for this business ("slice of the pie")? All of these questions need answered prior, and more, but there's one important question to ask yourself, "are you passionate and determined to make it work regardless of how much time, money and/or effort that it may take? You do need to be all in otherwise it is likely to not survive infancy. You need to be willing to do whatever it takes, anything, everything. I promise you that much.


If you have read this far and are on the ledge about to take that leap, congratulations. You've gotten this far where many others never do. If you want to do it right, if you want to have a fighting chance in this free market, let us know. We'd love to help you from scratch and watch you grow into a profitable, scaleable business in due time. Get in touch!


Thanks for reading!


-Matt



15 views0 comments

Recent Posts

See All
bottom of page