How to startup

Being one’s own boss and creating one’s own career. The dream goal, these days for a major part of the population. Whether talking startup, entrepreneurs, business or any form of venture or adventure, starting up is now a hot topic.

Within Australia and Queensland, entrepreneurship and small businesses are also growing topics of discussion – and action. With the same questions being asked as everywhere else in the world: How to start a business? How to find a mentor? Where to start?

To begin, research before starting. There is no point in launching a business offering a product or service that nobody is going to buy.

Research, analyse, empathise and understand not only the audience but also your skills, means and assets.

Then, make it easy for yourself, register and attend industry events. Even, get involved in the likes of Startup Weekend and others where mentoring is part of the agenda.

This does actually make sense and allows to address both points of starting up and getting mentor advice.

Entrepreneurship – or business – is all about keeping going, through the hurdles, the falls and the unexpected. Mentors do allow to avoid a few of these by not repeating mistakes that have already been done. Do seize this opportunity to learn and fall one less time!

On the administrative side of starting a business, the process follows a fairly logical line of actions. It is, however, important to define the “content” or, precisely, the type of business to be registered and the impact of the different statuses.

To clarify that part, again, look to mentors and/or industry players (in Brisbane, the likes of Law Squared, BDO, etc.) shedding light on the process of starting a business and doing it soundly. The foundations – and the unsexy parts of startups, like status, agreements, accountancy, etc. – are annoying but also the lifesavers of startups.