Inside each and every one of us is a passion, a particular, individual trait or talent which bears our name, etched and carved across it. There are those who have had the good fortune of turning their distinctive aptitude into a source of livelihood, transforming their hobby into a business. Quite accidentally.
In recent years, due to abysmal economic circumstances, many people have found themselves without traditional jobs to occupy their time and support their families. And so they began to dabble in crafts and less traditional occupations, discovering unexplored, unfulfilled niches and opportunities. Artists, craftsmen, designers and advisers – many were surprised at the degree of demand for their unique work.
And so businesses were created. Customers requested. They produced. And the business grew and flourished. But as demands came pouring in, many accidental entrepreneurs found themselves overwhelmed, unprepared, having never realized that their passion could take them so far. Orders had to be turned down, the pace of production was inevitably slowed and hampered, and the level of success was stifled.
An accidental entrepreneur is a wonderful thing- as these fortuitous individuals literally stumbled across pockets of potentiality. But how does one in such a situation maintain the momentum and ensure that the growth of a business isn’t stunted before maturity?
An accidental entrepreneur began his business without a plan, never dreaming that his hobby or passion could travel such distances in the marketplace. But now that it has, without a plan, without vision, valuable goods and services become buried in tidal waves of growth. When this occurs, or if possible, before it occurs, it’s important to step back, slow down, and re-focus, determine the true nature of the business and make a proper plan. It is never too late to develop a strategy, to learn proper business procedures and processes, and evaluate points of profit and loss in order to allow a business to truly grow and prosper in healthy, sustainable way.
Accidental entrepreneurs should never lose heart or give up. Many successful businesses began quite accidentally, as hobbies were transformed into corporations, but at some point in time, the creators stopped, stepped back, and formulated a proper business plan. True vision, purposeful strategies, and concrete guidelines steered them to their level of success.
Onward & Upward,
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One Response
would it not help these “accidental intrepreneurs” and others who are out of work, if these new business people hired some of their out-of-work compatriots to provide the
expertise they are lacking?! What a win-win situation!