The Time is Now: Start Your Business Journey
The pandemic has led to a surge in new entrepreneurs, and if the economy enters a recession, that trend is likely to continue. This is according to an interview in Kiplinger’s Personal Finance with Lakshmi Balachandra, a professor of entrepreneurship and a fellow in the National Science Foundation’s Technology Innovation and Partnerships Directorate program.
When I read this, two familiar phrases came to mind: “Necessity is the mother of invention” and “Make lemonade out of lemons.” The first phrase was what motivated me to start my own business over 40 years ago. At the time, I was living in New York City with my first husband, who worked for a non-profit organization that didn’t pay enough to cover our living expenses with our three adopted children. I wanted my children’s needs to be my priority, but it didn’t seem possible as an employee, so I decided to find a problem that I could solve for which people would pay me. I began listening to conversations on the playground, and my entrepreneurial journey began.
I grew up on a farm and learned how to solve simple repair jobs around the house. I thought a “Mom’s Repair Service” would be a good idea, but it required union membership, which didn’t seem feasible at the time.
Then, I noticed how many people complained about clutter, disorganization, and overwhelm: fights with family members about “stuff,” guilt about unfinished projects, stress from unfiled tax returns, and dissatisfaction with life in general. As I listened to these conversations, my first thought was, “Well, they didn’t have my mom and dad!”
It’s important to understand that I am not naturally organized, but I was fortunate to have been raised in a family where systems were modeled daily. My father was a farmer, and without systems, there would be no crops. My mother was the personal assistant to the president of a bank and managed the affairs of the president and the farms the bank owned.
If you are frustrated with your job or lack of a rewarding career and want to make money and have a fulfilling life, entrepreneurship is worth exploring. It’s important to note that entrepreneurship is not easy, and nothing worth having or doing is. But as someone who loves my work life now more than ever before, I invite you to consider the possibilities.
“Make the best out of a bad situation.” I have had moments of uncertainty in my career, but each time it was a sign to try something new. I have changed the name of my company multiple times, and each time it led to new opportunities.
If you’re seeking new opportunities but unsure where to start, let’s talk. We can assist you in discovering and implementing a new vision for your life. One of our clients recently said, “I’m executing a vision I didn’t even know I had!”