Pajama Businesses

To be successful starting and running your own business, be it home based or a store front, you need to analyze your skills. This process is probably the most important phase of starting your own business! One way to do the analyzation is by making lists.

Example:

At your present Job you may use various computer programs. List them along with the operating system.

Windows XP

• Microsoft Word
• Microsoft Excel
• Microsoft Access
• Photoshop
• Quckbooks

Then make a list of How each application is used by you.

Examples:

• Ms Word used to write letters and report.
• Excel used to track sales
• Access used for client data base
• Photoshop used to prepare photos for presentations
• Quickbooks used to track inventory

Continue making lists of the various components of skills you use in your present Job. When you are finished with the skills you use at your present Job. Make
another list of skills you have that you have and be sure to include skills you use in your hobbies.

Example:

You like to do wood working. So make a list of the tools you use and what you can make with them.

• Router
• Table saw
• wool lathe

Then list the kinds of project you can make

Example:

• Make crown molding with the router
• Cut wood for an end table top
• Make spindles for a stair case.

Continue this process until you have made lists of all your skills and be sure to include your people skills. When you have completed your skills inventory lists, make a list of skills that are needed in your new business. Compare the lists to see if you need to acquire additional skills and/or outsource some of the tasks your new business will require.

Dooing this skills analysis will help you to get a realistic idea of whether you are ready for your new business or whether you need to postpone the startup until you aquire further skills or personnel to ensure your business gets off on the right foot!

To be successful starting and running your own business, be it home based or a store front, you need to analyze your skills. This process is probably the most important phase of starting your own business! One way to do the analyzation is by making lists.

Example:

At your present Job you may use various computer programs. List them along with the operating system.

Windows XP

• Microsoft Word
• Microsoft Excel
• Microsoft Access
• Photoshop
• Quckbooks

Then make a list of How each application is used by you.

Examples:

• Ms Word used to write letters and report.
• Excel used to track sales
• Access used for client data base
• Photoshop used to prepare photos for presentations
• Quickbooks used to track inventory

Continue making lists of the various components of skills you use in your present Job. When you are finished with the skills you use at your present Job. Make
another list of skills you have that you have and be sure to include skills you use in your hobbies.

Example:

You like to do wood working. So make a list of the tools you use and what you can make with them.

• Router
• Table saw
• wool lathe

Then list the kinds of project you can make

Example:

• Make crown molding with the router
• Cut wood for an end table top
• Make spindles for a stair case.

Continue this process until you have made lists of all your skills and be sure to include your people skills. When you have completed your skills inventory lists, make a list of skills that are needed in your new business. Compare the lists to see if you need to acquire additional skills and/or outsource some of the tasks your new business will require.

Dooing this skills analysis will help you to get a realistic idea of whether you are ready for your new business or whether you need to postpone the startup until you aquire further skills or personnel to ensure your business gets off on the right foot!