And it should interest you to know that most big, successful and legendary businesses today started off as small businesses. But then when you get it right, the rewards can be hugely amazing and remarkably astonishing. No one ever said it would be easy running a successful small business. It also takes courage and belief – belief in your ability to steer your ship to success. The most important of all is to retain the interest of all stakeholders like customers, partners, vendors, your best staff and team to build momentum in a short span of time. The small business owner, for example, has to handle all the challenges of selling, delivering, financing, managing and growing the business with little or no staff, while trying to make it a success all at the same time.

Truth is: Being a business owner comes with challenges unique to the size and function of the business.

You’ve come to appreciate the regularity of salaries and wages and then you think, “What if I don’t make it quick enough?” “What if it takes me to where I didn’t want to be?” “How would I cope with the day to day financial demands if I stopped paid employment to work for myself?” “How am I sure I would succeed in my own business in the first place?” One of the biggest challenges is the fear of failing. But then, it’s one thing to dream, but another to see such dreams to reality. You just want to take initiatives and responsibilities that would bring about a successful enterprise – your enterprise. Sometimes in most employees life you get frustrated at the hustle and bustle and boring regularity of paid employment.

Discover how you can start and run a successful small business enterprise

Effective small business management pdf