What Should You Do First When Thinking to Start a Business - Episode 174

“Do you have something that people want to pay you for? That’s the question you have to ask yourself,” says May Yeo Silvers, as she reframes what it truly takes to start a business.    In this episode, May challenges aspiring entrepreneurs to think beyond logistics and focus first on the value they bring. Do you have a skill that’s been validated by others? Are people already asking to pay for what you offer? She shares why external feedback matters and how it can serve as a compass for building confidence and clarity.   May also explores the role of timing and personal circumstances in the entrepreneurial journey. Are you in a season of life where you can dedicate the time and energy needed? If not, what support or adjustments could help make it possible? Her practical advice encourages listeners to align their vision with their reality while prioritizing marketable skills and strategic planning.    May offers a clear and practical approach to starting a business, encouraging listeners to focus on their strengths, seek help where needed, and take actionable steps toward success.   Quotes • “Do you have something that people want to pay you for? That’s the question you have to ask yourself.” (05:05 | May Yeo Silvers) • “You need to be able to have this skill set that you can confidently market to the public that will recognize your skill set, your talent, your work, and pay you money for it.” (08:53 | May Yeo Silvers) • “I’ve always said that there’s never a good time to start a business. And it’s true. You can start a business anytime, but there’s actually a better time to start a business. Anytime is a good time, but there is a better time to start a business when you really ask yourself, where are you in your life?” (19:03 | May Yeo Silvers)  • “Assess your external environment, your internal mindset. And then we go from there.” (24:46 | May Yeo Silvers)    Links If you like more free resources on how to start and build your events business, make sure to check me on my YouTube, IG, Facebook and LinkedIn for business strategies, tactics and the right mindset needed to succeed!   Connect with May at: [email protected]  Website: www.mayyeosilvers.com LinkedIn: https://www.linkedin.com/in/mayyeosilvers/ Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilversofficial FB private group: https://www.facebook.com/groups/events4anyone     Podcast production and show notes provided by HiveCast.fm