Posted by Preferred On Time Solutions, LLC | www.preferredsolution.org

When is the right time to start a business?

If you’re reading this, the answer is simple: RIGHT NOW!

The idea that you have to wait for “the perfect moment” is a myth. The truth is, conditions will never be perfect—but opportunities exist today that may not be available tomorrow. With technology, resources, and access to information at our fingertips, there has never been a better time to take control of your future by starting your own business.

3 Reasons Why Now Is the Best Time to Start a Business

1. Low Barriers to Entry

Starting a business today often requires less capital, fewer gatekeepers, and faster setup than ever before. Thanks to digital platforms like Shopify, Stripe, and LegalZoom, entrepreneurs can launch an operational business in days, not months.

According to the U.S. Census Bureau, over 5.5 million new business applications were filed in 2023 alone — the highest on record (U.S. Census Bureau, 2024). This surge reflects how accessible entrepreneurship has become, especially with affordable online tools, flexible business models, and remote work trends lowering traditional overhead costs.

Simply put, technology and deregulation have made it possible for almost anyone with a good idea and strong commitment to enter the market.

2. Access to Information and Tools

The abundance of high-quality information available today dramatically reduces the learning curve for new entrepreneurs.

A 2023 Deloitte survey found that small businesses using digital tools are twice as profitable per employee compared to those who don’t (Deloitte, 2023). Additionally, cloud services, AI tools, e-commerce platforms, and free online courses mean you can access knowledge and operational capabilities once reserved for large corporations.

With tools like Canva for marketing, QuickBooks for accounting, and HubSpot for customer management, even solo entrepreneurs can operate with efficiency and professionalism from day one—without needing large startup teams.

3. Shifting Mindsets Toward Entrepreneurship

Cultural attitudes toward entrepreneurship have dramatically shifted, especially since the pandemic. According to the Global Entrepreneurship Monitor (GEM) 2023 report, nearly 60% of adults in the U.S. believe they have the skills and knowledge to start a business, and over 70% view entrepreneurship as a desirable career choice (GEM, 2023).

More people value flexibility, independence, and creating work that aligns with their passions. The rise of the “creator economy” and gig work shows that individuals are no longer waiting for traditional jobs—they are building their own opportunities.

This societal encouragement creates an environment where support systems, funding options, and consumer demand are aligned to favor new startups.

Don’t Let Fear Hold You Back

Starting a business is exciting, but it’s also natural to feel fear or uncertainty.

What if it fails? What if you’re not ready?

Here’s the reality: Waiting won’t make fear disappear. Action will.

The most successful entrepreneurs aren’t those who waited for the perfect time. They’re the ones who moved forward, adjusted as they learned, and grew stronger through the process.

And you can do the same.

Today’s Action Step: Turn Your Idea Into a Plan

Starting a business may seem overwhelming, but today’s focus is simple: clarity and intention. Grab a notebook, open a document on your computer, or use the notes app on your phone—whatever works best for you. This is where your business begins to take shape.

Step 1: Brainstorm Your Business Idea

Write down the business idea that’s been on your mind. Don’t worry about making it perfect—just get it out of your head and onto paper. Consider:

• What product or service do you want to offer?
• What problem does your business solve?
• Who would benefit most from your product or service?

If you’re unsure, brainstorm a list of things you’re passionate about, skills you have, or industries that excite you.

Step 2: Define Your “Why”

Understanding why you want to start your business is just as important as what you plan to do. Reflect on:

• Why do you want to be your own boss?
• How will starting a business improve your life or others’ lives?
• What does success look like for you?

Be specific and personal—your “why” will keep you focused during challenging moments.

Step 3: List One Small Step You Can Take Today

Choose one action you can take immediately, such as:

• Checking if your desired business name is available.
• Researching registration or licensing requirements in your state.
• Drafting a list of potential products or services you could offer.
• Signing up for a free online business group or webinar.

Taking even a small step today creates momentum.

Step 4: Set Your Intentions for Tomorrow

Before ending today’s session, write down one specific goal you will accomplish tomorrow.

Example: “Research my competition” or “Write a rough description of my target customer.”

Bonus Tip:

If you’re unsure about your idea, share it with a trusted friend, family member, or mentor for feedback. Sometimes talking it out brings surprising clarity and encouragement.

Final Thought

By completing today’s steps, you’ll have:

• Clarified your business idea.
• Discovered your deeper “why.”
• Taken your first real step toward launching your dream.

Remember: Small steps today lead to big success tomorrow.

You’re already ahead of 99% of people who never take action.

Here is the statement in proper blog format, ready to insert at the end of your Day 1 post:

Need Help Getting Started?

You don’t have to do it alone.

Preferred On Time Solutions, LLC is here to help you turn your ideas into action with expert guidance, proven strategies, and personalized support. Whether you’re refining your vision, developing a plan, or navigating your next steps — our team is ready to walk alongside you.

Visit www.preferredsolution.org or call (904) 235-0488 to get started today.

Let’s build something great — together.

Stay tuned for Day 2, where we’ll help you define your business’s deeper purpose and build a foundation for lasting success!

References

• Deloitte. (2023). Small business digital transformation: A pathway to profitability. Deloitte Insights.
• Global Entrepreneurship Monitor (GEM). (2023). U.S. Report 2023/24. GEM Consortium.
• U.S. Census Bureau. (2024). Business Formation Statistics: 2023 Year-End Report. United States Census Bureau.