Business, Starting a Business

Make Money by Staying In Your Strengths

make-money-staying-strengths

STAY IN YOUR STRENGTHS

Before you start a business, it is important to evaluate your strengths and weaknesses.

When I first decided to begin looking into starting a business, Etsy was all the craze. People were making beautiful, hand crafted everything. I thought I wanted to join in on this so I began making Mickey Mouse Autumn Wreaths. I set up shop and crickets…. Turns out people are not willing to pay just as much as the product costs for shipping. To ship a big wreath was not cheap. To make the darned things took a lot of time and was frustrating. Securing the ears to the head was a nightmare! I was not playing within my strengths.

Next up, Black Friday special! I decided on a whim to purchase a Cricut Machine. For those of you that are wondering what in the heck that it, it is a paper cutting machine that crafters use to make decals, cards, etc. I was so excited about this new venture. Then I ran into several issues.

  • The supplies are really expensive

  • I had a slow computer at the time that made the process really frustrating

  • I did not enjoy the process of making anything with this machine

After two failed attempts I realized that crafting was not a strength of mine (no matter how badly I wanted it to be). And that was ok! It led me to what I am doing now. I finally sat down and listed my strengths:

  • Teaching

  • Mentoring

  • Business

  • Writing

  • Speaking

Now it is your turn to look at yourself and think about what you are good at.

Evaluating Your Strengths

What are you good at? Make a list of things that you are good at. Here are some things to think about:

  • Writing

  • Speaking

  • Working with Money

  • Working with Kids

  • Crafting

  • Sewing

  • Knitting

  • Crocheting

  • Designing

  • Computer/Tech Savvy

  • Coaching

  • Organizing

  • Planning Events

  • Planning Vacations

  • Being Frugal

  • Teaching on a Particular Subject

  • Mentoring

This is not an exhaustive list, but rather a few ideas to get your wheels turning.

What Do Others Think You Are Good At? Ask your family and friends what they think you are good at. Sometimes we don’t realize our strengths until someone else points them out to us.

I did not realize that I was good at creating step-by-step tutorials until my boss at a previous job would constantly ask me to create them. It had nothing to with event planning (which was my actual job function) but because he knew that I was good at it, he gave me those projects whenever they popped up. I stumbled upon one of my hidden talents!

What Do You Enjoy Doing? List out the projects, tasks, work that you enjoy doing. Also add subjects that you like to the list in subcategories. For instance, I enjoy teaching (a type of work) and the subject I enjoy teaching is business.

If you enjoy crafting, narrow it down to working with wood or whatever it may be. Do you enjoy planning vacations and love Disney (like me)? You can be a travel planner for Disney vacations from the comfort of your home.

Here are some things to think about:

  • Training

    • Animals

    • People

  • Sewing

    • Quilts

    • Pillows

  • Teaching

    • Music Lessons

    • Yoga

  • Painting

    • Houses

    • Canvas

  • Coaching

    • Sports

    • Business

  • Planning

    • Travel

    • Weddings/Events

  • Designing

    • Websites

    • House Interior

What Do You Struggle With? Odds are that you are not good at everything. Even if you can do just about anything, you should stay within your strengths.

It is absolutely ok to be “bad” at something. When we recognize what are not good at, we know what we need help with. Part of business is networking (getting to know others that may be able to help us or we may be able to help).

You can hire an accountant if that is not your thing. Do you struggle with the technical stuff but need a website? Ask around. More than likely someone will either be able to help you or give you the resources you need to do it on your own.

Here are some things to think about:

  • Writing

  • Speaking

  • Working with Money

  • Working with People

  • Designing

  • Computer/Tech

  • Organizing

  • Planning

Once you hone in on your strengths, you will find peace of mind and excitement. You will know that you are on the right path that will lead you to a happy and successful business. Check out this post on how to find your why when it comes to starting a business. It will walk you through four steps to finding your purpose for doing what you do.

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