The Mighty Miracle Man Method is built upon years of extensive research, personal experience, and proven strategies that have transformed the lives of countless individuals. Reach out today to learn more!
Starting a business is both challenging and rewarding. But it requires careful planning and consideration before you jump headfirst and take the plunge. And if you’re an individual with autism or ADHD, you may face additional challenges when embarking on your entrepreneurial journey. Today’s post from The Mighty Miracle Man covers a few things you should keep in mind before starting a business.
Find a business coach.
First and foremost, you have to consider your strengths and weaknesses. Both autism and ADHD mean that you bring a unique set of skills to the table. Maybe you’re hyper-focused, have keen attention to detail, or are uniquely creative. If you’re not quite sure where your strengths lie, consider investing in a business coach who can help you achieve success that is tailored to you and your needs.
Choose your idea.
One of the most important things you can do as a fledgling entrepreneur is to choose your business wisely. Pick something that aligns with your personal interest and passions. Remember, starting a business is hard work. It’s much easier to stay motivated when you do something you enjoy. If you’re not sure what you want to do, consider coding. Educational robotics company Sphero explains that people with autism possess the exact skill set needed to thrive in a programming environment.
Form a business structure.
As a new business owner, you’ll benefit from having a business structure in place as you begin your start-up. It’s rather easy to form an LLC online if you don’t mind doing the research and understanding local laws. Look for an online formation service that allows you to establish your business from the comfort of your home. As an LLC, you will receive many benefits, including a flexible management structure and, potentially, reduced taxes.
Write your business plan including lead generation.
While you might perform this step before forming your business structure, having a business plan in place is also crucial to your success. This is simply a document that helps you collect and outline your goals, working strategies, and even your financial projections. Your business plan will help you secure funding and works to attract investors. Your business plan should include a mission statement, service description, financial projections, and market analysis.
Your plan should also detail how you plan to generate leads to reach your target audience and broaden your reach for new customers as time goes on. Capturing new customers and clients with lead generation starts with developing a customer profile and includes activities like hosting and sponsoring events and webinars, and posting display ads.
Find funding.
When it comes time to find money to start your business, there are many different options available to up-and-coming entrepreneurs with autism or ADHD. One idea is to seek out grants specifically designed for individuals with disabilities. The small business administration may have grants available. You can also consider crowdfunding. Keep in mind, however, as Shopify explains, around 66% of business owners begin with their personal savings or take out a personal loan to get launched.
Hire your first employees.
With success and hard work comes the need to have other hands to pitch in. When it’s time to hire your first employees, make sure that you put your focus on finding the right fit. Look for others who share your same passions and offer a skill set that complements yours. If possible, offer accommodations for others with autism or ADHD and consider a flexible working arrangement to ensure your employees have an excellent work/life balance.
Getting started as an entrepreneur with ADHD or autism is an exciting and challenging life event. Fortunately, when you follow the steps above, which include choosing your idea wisely, setting your business structure, using a lead generation strategy, and kickstarting your new career with a coach, then you will put yourself directly on the path of success and can enjoy all of the benefits that come with entrepreneurship.
​