Thread: Bootstrapping Entrepreneur - The 4 W's For Creating Happiness in Your Small Business Tweet

This article will give you a short guide to the 4 W's, which will direct you towards happiness in your small business ventures. Too often people go into business for the wrong reasons, only to have created themselves a new job in a place they don't like, working with partners they can't stand. The purpose of this article is to give you an outline of the 4 things that you need to consider in order to bring you happiness in your outside life.

Here are the 4 W's:

1. What business are you in? You must be excited to get up every day and participate in your business. If you aren't thinking and strategizing, being proud of, and getting really excited about your business on a daily basis, then you are probably in the wrong industry.

2. Where do you work? Quality of life is critical. If you have created a business for yourself that requires you to travel constantly, or does not allow you to travel and you are the exact opposite of either situation then you will burn out fast. Also, the location of your business, in which part of the world, will be critical to your well-being and needs to be thought of before you begin. You may be small now, but will you still want to live in the same place even if your business booms? Can you relocate if you choose to? Is your business portable (the ultimate freedom)?

3. When do you work? Do you want to work from sun up to sun down, or would you rather work at a pace that you choose and spend most of your day doing the things that you like doing? These are all parameters that must be thought about before you begin your business, or as you mold your business for growth.

4. Who do you want to work with? Do you want to have a family business with no outside influence? Do you enjoy the company of your business partner? Would you rather work alone? The people that you work with can make or break your business life, well beyond making money or general success. If there is someone that you are considering partnering with and you have a hard time with them, your work life will be miserable.

The entire point for most people to create a small business is to gain financial freedom, so they in turn, can do the things they want to do. If you follow the 4 W's and really think about each step, then you have a really good shot at business happiness, which will lead to life happiness.

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Article: Bootstrapping Entrepreneur - The 4 W's For Creating Happiness in Your Small Business
Author: Joshua Black
Joshua Black is an on-line infopreneur, marketing consultant, author and educator dedicated to helping the bootstrapping small business owner succeed. Visit his flagship resource site for entrepreneurs at http://www.UnderdogMillionaire.com for the free Underdog Millionaire Wealth Pack

Nice article man.Thanks for sharing with us

Very good tips. Thank you for sharing.