Starting a small business is no small decision. If you’re thinking about taking the plunge and starting a business of your own, there are some key steps you need to take first.

Step One:  Understand Your Own Strengths and Skills.

Take a look inside of yourself and ask the following questions. What is your prior work experience? What are your personal interests and hobbies?  What education or courses have you taken? What skills and talents do you have? What are you an expert in?

Norman Vincent Peale said it best, “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.”

Looking closely at your strengths and skills can help you identify specific expertise that may lend themselves to starting your own business.

Step Two:  Ask yourself, “Is My Idea Feasible?”

I know this one sounds obvious. Aren’t all things possible to those who believe? Certainly, but quite a few great ideas didn’t make it either because the service or product was not timely or too expensive.

Ask yourself the following questions. Will your product or service serve an existing market in which there is a demand? Will your product or service be competitive in the market based on its price and quality? If you answered yes to these questions, you are on the right track.  If you answered no, you need to carefully assess your business idea before moving forward. A feasible idea has to be right for you and for the market.

Step Three: Seek Support and Guidance.

As you receive the proper support and guidance your confidence will grow. Let those with experience guide you through the steps of business development. Returning to school and taking part in professional development coursework can help you learn more about entrepreneurship, how to create a business plan, marketing and financing a business.

Having the right strengths and skills and matching them with a feasible idea is a good place to start. At Moraine Park, we support your journey  by offering workshops that help you accomplish your goals. Get started today by enrolling in a face to face class in September in Green Lake or take a class in November in Fond du Lac. 

For more information, visit https://bit.ly/2ZAvoZz.

The Moraine Park Foundation has received support from their community partner, Countryside Auto Group, with a $5,000 donation to benefit the Promise program. Countryside donated $7,500 in 2018, making their total contribution $12,500.

“We are grateful to Keith and Countryside for their generous contribution to the Moraine Park Promise program,” Dana Bourland, director of college advancement at Moraine Park said. “Their gift will give the opportunity of a debt-free education to students in need, and our continued partnership with Countryside will impact students’ lives for generations to come.”

The Promise program offers five consecutive semesters of debt-free college tuition, as well as additional services including mentoring, tutoring, career guidance, financial aid workshops, and counseling to low-income students. The purpose of the program is to offer the opportunity for a college education to individuals who otherwise couldn’t afford it. It will also help to address the employment gaps across the workforce by supplying businesses with skilled and educated individuals.

“At Countryside, we strongly believe in serving our local community,” Keith Ghanian, president at Countryside said. “We are proud to support the Moraine Park Promise program and recognize the power of education to transform the lives of individuals, families, and communities.”

Countryside Auto Group is a Chevrolet, Buick, and GMC dealer located in Beaver Dam, WI. Their strong community connections, family-like atmosphere, and excellent customer services are the core of their business. Each month, Countryside donates proceeds to a different local organization to drive awareness and provide funding for the organizations in the community who are making a difference.

For more information on the Moraine Park Foundation, visit morainepark.edu/foundation.