Let's face it, many folks that start their own solo business are first time entrepreneurs. They have no history, background, or training in small business development or operation.
That presents a great challenge - one that can certainly be overcome - but one that must be recognized and met head-on.
You see, operating a business is like most other professions. You don't just declare that you want to be in business for yourself and all of a sudden possess all the skills and knowledge that you need to be successful.
A doctor, lawyer, chef, or auto mechanic needs training and education in order to be skilled enough to be considered a professional.
Most likely there is a typical career path of education, apprenticeship, testing, probationary employment, then fully accredited employment.
The small business owner is not required to follow such a structured course.
Maybe one of the reasons that so many new businesses fail is for that exact reason: there is no formal training that most go through in order to be called a business professional.
Of course there is an educational path if you choose that direction. There are higher education course tracks in business management, degrees in business, and graduate level or advanced degrees like the MBA in business management.
There are also community education classes, home study courses, and a million and one online "start your own business" type courses, workshops, and seminars. There are books, audio tapes, videos, and many other resources that will help you to learn all about running a business.
Each business owner will have to prepare himself/herself for the rigors of small business in some way in order to become effective at the job.
Typically, it's the ones that don't learn about professional business in some manner that seem to have the hardest time making their business produce.
So, whatever you do, get a business education that suites your talents and skill level and the type of business you plan to operate.
Yes, your business education can be accomplished as "on the job training." In fact, I would guess that this is probably the most well worn path that most entrepreneurs choose to follow.
Operating a business, whether online, home-based, or from a physical location, is much like any other professional pursuit: you must learn and become proficient in the skills of the trade if you expect to be able to create and grow your own business empire.
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