By Alyssa Gregory

20 Ways Starting a New Business is Like Skydiving

By Alyssa Gregory

skydiveIt’s no coincidence that starting a new business is frequently referred to as “taking the plunge.” It’s a well-known fact that it can be frightening, exhilarating, overwhelming and satisfying all at the same time. I’ve learned from speaking with people who have skydived (no, I haven’t done it myself) that you face many of the same emotions. After all, both can be considered high-risk activities with an attractive payoff.

So, if you’re contemplating starting a new business, in the midst of new business ownership challenges, or getting ready to go skydiving for that matter, here is some of what you can expect (and reasons to keep on going!):

  1. It may be the biggest risk you’ve ever taken in your life.
  2. There are no guarantees that you’ll emerge unscathed.
  3. You have to be prepared before doing it by taking classes, being trained and doing your research.
  4. It’s not for the faint of heart.
  5. You need to focus and block out distractions.
  6. You should get the support of your family and loved ones before deciding to go for it.
  7. If you forget the consequences of your actions, it could all be over in a heartbeat.
  8. You’ll need a mentor/coach to help you through the first steps.
  9. Once you make the jump, it’s best not to look back.
  10. Some of your friends and family may think you’re crazy.
  11. It’s an adrenaline rush.
  12. You need certain equipment that will have to be maintained.
  13. Once you do it, you have earned bragging rights.
  14. You need to have confidence, faith and determination.
  15. One major payoff is a sense of freedom you get when doing it.
  16. Not all of your landings will be pretty but the most successful will learn how to get up, brush themselves off and keep going.
  17. As you get more experience, you will be able to mentor/coach others.
  18. The more you do it, the more addicted you get.
  19. Sometimes things don’t work out like you planned, so you should always have a Plan B…just in case.
  20. If you make a commitment to do it, in the end it’s worth all the fear, pain and stress you’ve endured.

Just like skydivers, many new business owners do what they do for the thrill and the challenge, and some because they like to push themselves to their limits. At the end of the day, like skydiving, starting a new business may be considered risky behavior by some, but isn’t it worth it during the process and even more when you do it successfully?

Image credit: Jeff Hallam

  • Yamahoto

    Thanks for this post :) its how I feel !

  • Thanks for this post :) its how I feel !
    Sorry, forgot to add great post! Can’t wait to see your next post!

  • Bob Zwick

    Don’t forget to look for the “Golden Parachute” and the “Golden Cow” (residule income).

  • Sasha Ratz

    Great post. I have recently started a business and I am happy to know that sitepoint keeps young entreprenurs like myself aware of the consequences and payoff of our actions. As Yamahoto mentioned: can’t wait to read your next post.

  • Nice comparison, but let’s not forget if you fail to plan you will fall flat on your face.

  • Frank Worthington

    Very good post, and as everyone above has said, I look forward to reading your next post! I’m a terminal startup guy, possibly the adrenaline of creating a new business from scratch has got me hooked… I also like discovering new businesses – at the moment I’m particularly interested in the development of Dubli.com. As far as I can tell, they want to go up against eBay and become a competitor. Be interesting to see how that all pans out.

  • Yeah- but the free-fall can take weeks! And sometimes a feeling of impending doom creeps up on you, until at what seems like the last possible moment your reserve chute opens… and you land safely on your feet, only to start the process all over again. great post. :)

  • Anonymous

    just ditched the day job last week and am going without a net in a week and a half – I feel very much like you say! Though right now I feel it will be easier than trying to do both like I have been.

  • It’s like skydiving into a pot of gold. You need to be crazy enough to jump, and skilled enough to land into a pot of gold from miles in the air.

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