The Creative Business That May Not Fail.
Fid#017: Towing the path of success as a creative business owner...
When was the last time you failed at something?
Thinking about my failures made me realise how far I've come and how bad it used to feel. Failure, like everything else in life, is relative; what some people consider failure may be all they need to be considered successful. Also, how we react to failure varies greatly. What would you consider your most recent failure or the most significant failure you have ever experienced?
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Running a creative business is as difficult as running any other business, and it may even be more intricate, given how complex creative businesses can be. There will undoubtedly be some bumps in the road to business success, times when you wonder if the business will ever be sustainable, and many more. This feeling or failure at the time does not mean the end of your business but rather forces you to fight for its survival. There are many new businesses built every day, and a good number of those businesses will fail or have failed. This honest assertion may discourage anyone from venturing into any type of business, but the truth is that for every business that fails, there are almost as many that are successful, so what's stopping you from getting to the winning side of things?
Have you ever considered what might help your creative business succeed?
I won't bore you with statistics or numbers of failed businesses, but there are many. The good news is that there are also very successful ones, so your chances of success and failure are equal. Because there are so many factors that can either slow or accelerate growth, the early stages of a creative business are extremely volatile. Many creative businesses fail before they even start, and others fail soon after they start.
There are numerous perspectives on how to build a successful business, all of which are valid because there is no one-size-fits-all solution. Humility and confidence are the two most important qualities I believe you will need to build a successful business that will last beyond the early stages. These are not the only things you need to start a business, but they are important and often overlooked.
Humility is a trait that allows you to accept your flaws, listen to others, and step back when necessary. As a creative business owner, you will be bombarded with ideas and plans, as well as constant decisions to make, but there is no guarantee that you will be correct every time. Sometimes your employees or fans could have the right answers, but allowing your pride to take control will prevent you from growing.
Taking a step back to listen to others and admitting your mistakes will make things easier. As a creative business owner, there will be times when you will require assistance from other businesses; this can only be accomplished by cultivating healthy relationships with them ahead of time and acting with humility.
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Confidence is another great motivator in business because you will need to be daring and believe in yourself even when nothing appears to be working. Most businesses fail because they lack confidence after hitting their first stumbling block. If you put your products up for sale and receive no sales, confidence will cause you to begin planning for another sale even if you fail. Don't limit yourself by being insecure about your skills, abilities, and businesses.
Confidence does not imply being less humble, and humility does not insinuate being less confident. Finding a healthy balance will help you progress in your creative business. According to Peter T. McIntyre,
"Confidence comes not from always being right but from not fearing to be wrong."
— Peter T. McIntyre, painter and author
So, if you're still thinking about starting a creative business, don't wait until everything is perfect and in place before taking a step; instead, believe in yourself and your ideas. There will always be challenges, and there will never be a perfect time.
Don't give up if you're a creative who has already taken the bold step and started your own business because the difficulties you face are phases that will pass. Be confident in your choices while remaining humble in your assertions.
When it comes to building a creative business, you have as many chances of success as you do of failure. Putting in the necessary effort is a great way to build a creative business that will not fail.
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