Have you been thinking about starting a creative furniture painting business? Running your own business and being your own boss sounds like the perfect answer and a dream come true for a lot of you, but what you must know is that it’s a lot of hard work. If you’re willing to do the work, being your own boss has its advantages.
13 Signs You Might Be Ready To Start An Online Furniture Painting Business
1. Have A Passion
You have a passion that burns deep down in your soul of souls. Maybe you eat, live, and breath painting furniture and you have a giving heart, but passion alone will not make you successful. It will be the driving factor but just make sure if you’re leaving your current day job or career that it’s not all about the money. It’s no longer a job but a passion and making money with your passion takes on a whole new meaning of work.
2. You Believe In Yourself
When starting a creative business you have to believe in yourself. Yes, we all have self-doubt and if that’s the case… get into a good coaching group and surround yourself with like-minded people that can encourage you and pull you up. We all need mentors. CLICK HERE to learn about THE Creative Makers TRIBE for furniture painters.
3. You Have A Good Market For Your Product
You must have a good market for what you’re selling whether it be furniture, painting supplies or yourself for that matter. Who is your market? Is it Nancy Jo down the street or a customer in another state. These are things you will need to know. Nancy Jo is my fictitious friend that I refer to in my business group. THE Creative Makers TRIBE
4. You Have A Plan
Before you leave your full-time paying job, do the math. Have a plan of what it will take financially to keep you and the creative business afloat for 2 years and be ready to make sacrifices. Pay off all your debts before you take the leap into entrepreneurship. It’s always helpful if one in the family has a steady 8-5 job and can support the household if needed. DO NOT take out a loan. The money you make can be used to grow that business in the beginning.
5. You Have a Brand Idea
You will need to brand your creative business and for some of you, that brand is yourself. Know your strengths and what sets you apart from others. Be unapologetic-ally to you! You are who you are for a reason and God made you perfect just the way you are. Go with your strengths.
6. You’re Not Afraid To Learn
Get ready to learn a lot! I never dreamed there were so many working parts to an online creative business. Technology is probably the hardest part, but with persistence and not being afraid to ask for help you can get there. It’s just a matter of pushing buttons.
7. You’re Not Afraid To Fail In Your Creative Business
Facing the fear of failure in a creative business is enough to keep you from even starting. You need to be ready to face it head-on. Do it scared! If you don’t start, you will never know success. It’s that simple.
8. You’re Not Afraid To Succeed
I know this sounds strange, but the fear of success is real. Some business that experience rapid growth fails due to fear. The fear of “I can’t handle it.”
9. You Have Some Cash Saved Up
Believe it or not, but there is a very little cost of starting an online creative business. Social media are free and most everyone has a phone and a computer. Most phones have great cameras so there’s no need to buy a fancy camera just yet. Save some cash back for other things that will help grow your creative business. Courses and online groups are a great way to learn from the convenience of your own home. It takes time to become successful so plan ahead.
10. You Have Experience In The Industry
You will need to have experience in the industry before jumping in full time. If you’re not experienced, consider working your business as a side hustle for a few years until you gain the knowledge. The more experience you have the more likely you will be successful.
11. You’re A Quick Decision Maker
You will be making a lot of decisions in your creative business and time is money. If it takes you 2 weeks to decide on a paint color (just an example) this could be a problem. Being methodical is a good thing, and indecisiveness often accompanies a creative entrepreneur. If you know this about yourself, there are ways to overcome this.
12. Your A Self Starter
Being a self-starter is a recipe for success. If you have trouble at your day job with motivation, being a business owner may not be for you. Discipline and time management will be the skills you use every day.
13. You Understand The Risks Of Owning A Creative Business
Being a creative business owner means that you understand the risks. It very possible that you will never make a profit and also that you will grow so quickly that you become overwhelmed. If you understand those risks and all the things that I listed above, it’s very possible that you are ready to take that risk of being a creative business owner.
Of course, there is more to the story than these things outlined here, but it is certainly a great way to measure if you are thinking about starting your own creative online business because knowledge is everything.
Thanks for joining me today and I hope that this will answer that burning question, “When am I ready to start my creative business?”