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Personal SWOT Analysis : - Coggle Diagram
Personal SWOT Analysis :
Strengths
Detail oriented. I love auditing, finding and solving problems.
I love to help others, which can be a great mission for my business.
I am friendly and work great with a team. This is important as starting a company requires building relationships and working with other companies and individuals.
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Weaknesses
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Have a heard time seeing the bigger picture. Can get caught in the importance of details that it can be hard to visioneer.
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I need a lot of rest after work to recover do to health issues. This can be difficult in starting a business as many hours are required to get a business off of the ground.
I can get easily overwhelmed when there are too many balls in the air. I tend to shut down when overwhelmed.
Opportunities
Have a supporting husband who is an entrepreneur at heart. He gets excited about coming up with business ideas for friends, family and his wife. :)
My degree in Organizational Management will be valuable in helping me to understand the various aspects or starting and managing a business.
I have formed many valuable relationships and expanded my network over the past ten years with my current job and involvement at church. This is a great base to spread word for my business as well as gain customers.
I am still young and have many years ahead of learning, failing and discovering what works.
The area I live in (Kirkland) is booming in the tech industry with Google located here. I can make valuable connections for both ideas and funding.
Threats
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Money. My husband has been without a job for the past eight months and I am the sole provider currently. We do not have funding to start a business right now.
My current school, work schedule and navigating the newlywed life leaves no time at this stage of my life to dedicate to starting a business.
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There are already so many startups out there- it is very popular to be an entrepreneur, so it might be difficult to find a business idea that has not been done yet.