Published: October 27th, 2015
If there’s one thought that has crossed everyone’s mind at some point most likely revolves around starting a business one day. We all imagine being our own boss, not having to answer to anyone but ourselves, waking up at the time that we want. But while all of this sounds awesome, entrepreneurship is not as easy as it sounds.
I had the opportunity to sit down with Marvel Bishop, entrepreneur and owner of MBR Visuals, and he made some interesting points when it came to starting your own business and some of the challenges that come with taking on a business.
It’s a big transition from employee to Boss. As an employee we have a job description and that’s what we follow. Yes we might get stressed from time to time with an important project or report that has to be turned in, but once that’s done everything is back to normal. But when you’re the boss it is not that easy. You go from “worrying about one thing to worrying about everything.” Especially in the early stages of the business it’s very stressful to figure out how to get your business plan to work.
We’ve heard it time and time again, and Bishop made a point of it once again by stating that there is “more freedom but more responsibility” as well. Waking up in the afternoon may feel amazing, but as an entrepreneur it’s important to remember that you have new responsibilities that have to get done.
There will be struggles at the beginning. While there are some cases of overnight sensations, most of the time it just doesn’t happen. It can be a long and tiring process to bring your business to the level that you want. Especially at the beginning, Bishop highlights how one of the hardest things is “not seeing the fruits of labor at first.” When a business starts off there is going to be tremendous loss. The hardest part is looking past that and “seeing the big picture.” Bishop advises that you should “fall in love with the process, not the end result.” While it may not seem like the simplest thing to do it will make the journey much better.
Always have passion. While money is obviously the end result of having a successful business, without passion it can all be very dull. We’ve all heard the cliché that if we work in something we love we won’t work a day in our lives, and while this may sound a bit exaggerated, there may be some truth behind it. Yes the money at the end of the day sounds great, but what is going to get you through those long hours? Those sleepless nights? What’s going to make it all worth while? For those of you looking for some extra motivation, Bishop says that it’s important “to work for the sake of doing the work, not to get something out of it.” The passion and drive you feel in a certain job or career is what makes you want to move forward and keep working and keeps making you get up every morning before the sun comes up. Not your paycheck. Like Bishop said, work for the “idea”, the “legacy”, something that is much more permanent than money.
When in doubt, ask. Entrepreneurs are made, not born. No one knows everything about starting a business or making it work. They make mistakes here and there and they learn along the way. But like Bishop pointed out, “[he] always had a mentor” and even to this day “still asks for advice.” We shouldn’t be afraid to ask someone for their advice about something, especially if it’s someone who knows what they are talking about. Now I’m not saying that you shouldn’t ask your family and friends for some feedback, but don’t forget about other entrepreneurs, business owners, managers, CEO, anyone you can get an answer from, ask them. Even if you feel like you are in a good place in your business, ask for some feedback any way. There is always room for improvement. It can always be better.
Where do you start? Before we do anything that I mentioned earlier, we have to start this business, which for most is the biggest step. It’s not difficult because of the work or the long hours, but when taking that first step we always think about how big of a risk we are taking. There is really no guarantee that what we choose to do will be successful or not. When I asked Bishop what was his advice to people in this position he simply said, “Just do it.” And while it seems too good to be true, it really is that simple. He elaborated that “the more you think the more you won’t do it” which I have to agree with completely. Overthinking can be our worst enemy when it comes to things like starting a business.
Deciding to become an entrepreneur is simply the first step of the process, but at the end of the day it can also be the best decision you make. Once the ball gets rolling there will be no stopping you. But it’s important to keep your eye on the ball and not get caught up in the distractions that will come up along the way. It’s important to always remember your “drive,” the reason why you started in the first place.
For Marvel Bishop his journey is still on its way. He’s continued to grow his business day by day and is continuously looking to see what he can do next, what he can improve.
It’s important for Bishop to always give back to his community, so one of his next big projects is to collaborate with FIU to offer all students professional head shots. When it comes to job hunting the picture we choose for employers to see can be critical. So keep an eye out!
This week is also Marketing Week! We’ll be having events throughout the week, so keep on eye out on Facebook, Instagram, and Twitter with #FIUMarketingWeek2015!