If you are looking to become that next successful entrepreneur, consider what other entrepreneurs have found as they worked through their transformation into a successful business person. Not every entrepreneur has used all of the following ideas, but most will acknowledge their importance in getting to where you would like to be in business.
Set goals
This idea may sound a bit obvious but it is ignored quite often in the excitement of getting a business started. You need to have an idea of where you would like to end-up with your business idea. In this way, you can begin to set intermediate goals that will get you to the end goal. Your intermediate goals may start with a daily task list that ends with the successful completion of a more prominent goal a few weeks down the road. As these intermediate goal successes pile up your ultimate goal is one step closer. Baby steps are the words here.
Know your market
Education is power can be taken to heart in building a business. You are sure to attract and recruit good people along the way, but you still need to have a good idea about how things in the market you are tapping work and why. Take classes, talk to others in the field and fall down a few times on your own so you learn the "hard way."
Look through the clutter for good ideas
One of the skills that you will need to learn is how to sift through all the clutter that you will inevitably run into during your busy days. Some people just have the knacks of sorting through the static, but starting out, keep your baby steps in mind and what is needed to meet them. If the clutter is getting in the way of achieving that baby step ignore it, but keep it in mind for future reference.
Build relationships and tap the pain
If people are not helping you along your path they are potential sales. Understanding why these people want to buy your product or service is critical (how will this product make a persons life easier or better?) What pain drives them to need the product or service you are offering? Developing a pain list is a real priority even before you get going.
Taking a leap of faith
When it comes right down to it, you are going to need a bottle of aspirin. At some point every entrepreneur needs to be able to step off the edge and go-for-it. In some instances this may entail money commitment, in others time commitment. At some point all successful business people make that fatal decision of "all or nothing."
Spend wisely
Making the "all or nothing" leap of faith does not mean that successful business people are foolish with their hard earned capital. Every successful entrepreneur has a different perception of how to go about allocating capital, but all indicate that money is not water. If a large capital expenditure is needed they say that they are prepared to make it, but only after prudent research.
Reinvest in yourself
As business begins to take off most successful business people indicate that putting profits back into the business before paying yourself a kings ransom is the way to go. You want to make sure to pay yourself but make sure you pay the company until a fairly stable financial structure has been formed. After this has been achieved, pay yourself a bit better understanding that expansion of the business will also take capital.
Passion, focus and sticking at it
Belief goes a very long way in starting a new business. If you believe in your ideas others will tend to follow. Passion will sustain you as well, during those dark times when more things then you would like aren't going well. Unless you are extremely lucky, the process of getting a business off the ground is tough so you need to be able to stick with it.
Use smart people
Every single successful person in the world today will tell you that having smart people around you is the only way to go when starting and maintaining a new business. In most cases, these same people will also indicate that the people around them are smarter then they are. Remember also that this idea works all along the manufacturing and management spectrum. A shipping clerk will undoubtedly have a few good ideas that you had never thought of. Hiring wisely and being able to listen to those you are paying is a good idea.
Recognize the perception of the customer
Being able to understand the customer is a very important part of starting a new business. You are, after all, selling to them. If you do not recognize their needs how are you to sell to them? Once you recognize these needs working at communicating at their level is important. This takes time, but it is a necessity.
Top 10 Secrets of Successful Entrepreneurs
Sabtu, November 14, 2009 | Entrepreneur with 0 komentar »10 Ways to Discover if You are an Entrepreneur
Sabtu, November 14, 2009 | Entrepreneur with 0 komentar »Take The Entrepreneurial Challenge:
Have you ever wondered if you would make a great entrepreneur? If so, then I want you to take the Entrepreneurial Challenge. In this test you will discover the characteristic that entrepreneurs have that make us successful in life, and remember that most of us started out by just recognizing that we where different or desired a change from the normal boring and unstable lives that we were living.
Take the challenge, but I am warning you if you rank 90-100% on this test and discover that you are a born entrepreneur, you will never be the same again. This awareness of your true calling will change your life forever, and until you do something about it you will crave entrepreneurial freedom even if it is the last thing you do!
Complete The Entrepreneurial Challenge At Your Own Risk
- Yes or No.
Are you a self starter?
- Yes or No.
Do you enjoy the feeling of success?
- Yes or No.
Can you lead others on subjects that you know well?
- Yes or No.
Can you take charge and be the person who always gets things done?
- Yes or No.
Do you feel that you are not being challenged enough and/or that you have more to offer?
6. Yes or No.
Do you always wonder if there is more to life than your job, and/or cannot see yourself working as an employee forever?
7. Yes or No.
Do you ever wish that you had more money to spend and/or want to live a better lifestyle?
8. Yes or No.
Can you finish what you have started if you are passionate about the things that you are doing?
9. Yes or No.
Are you a person of your word, and always follow through with what you commit to?
10. Yes or No.
Are you ready for a change and sick and tired of making other people wealthy?
Add up the number of Yes answers in the Entrepreneurial Challenge.
If you have scored less than 5, you are not quite ready to move forward and need some more time to discover your desires.
If you have scored between 6 and 8, but answered Yes on question 10, then you are ready to move forward slowly with proper guidance.
If you have scored 9 or higher than you are ready right now to change your life, get educated on the opportunities that are out there for you, and swiftly begin transforming into an entrepreneur.
Remember that being an entrepreneur is only a decision of character for someone who wants a better life.
Read More......
All over the Internet there are entrepreneurs looking to make riches with their own business. While there is tremendous potential to have success online, it is not the type of industry that everyone can succeed with. Here are five qualities of a good entrepreneur.
1. Determination
Running an online business is certainly more difficult than most people understand. Many believe they can get online and start making money instantly. While there are some opportunities that give you the chance to make a few bucks here and there instantly, it takes a great deal of effort and determination to actually start a career online. You have to be willing to devote your time and energy toward the business.
2. Focus
One of the most difficult things to get used to as an Internet newbie is the endless amount of freedom you are given. You have no one to tell you what to do, when to do it by or how to do it. It is up to you to remain focused and put aside the countless distractions you will face from working at home.
3. Excitement
Next on the list for qualities of a good entrepreneur is excitement. The wonderful thing about the Internet is you get to do something you have an interest in and enjoy. Therefore, show it in how you run your business. People are much more willing to listen to you and pursue your business if they see how excited you really are to be running it.
4. Eagerness
Part of determination is being eager to succeed. You have to want to make money online in order to actually succeed. Be willing to do anything and everything you can to generate that first sell and reach your goals. The more eager you are, the harder you will find yourself working to achieve your goals.
5. Patience
When first starting out, there is nothing more difficult than investing a great deal of time and seeing little results. What you have to understand is that it takes time to generate traffic. It takes time to create that first sell. And it certainly takes time to create a regular flow of traffic and customers. Whatever you do, do not give up just because you are not rich after the first month. You have to be patient.
When it comes to having success on the Internet, these are a few qualities of a good entrepreneur. Not everyone has what it takes to make money online and get rich; in fact, not even half of those who try actually succeed. If you want to make it in the Internet industry, you have to possess the true qualities of an Internet marketer.
Like others in the upper echelons of Internet marketing and affiliate marketing, I'm asked one question by Internet marketing and affiliate marketing 'newbies' more often than any other:
"I can't seem to make money online - What am I doing wrong?"
When my Internet marketing mentoring students ask me that, I can give them a detailed breakdown specific to their online operations - but they're paying top dollars for my time investment, and I only mentor those who already have a viable presence online. So what about those new to Internet marketing - what advice can we offer them?
Time constraints prevent anyone from checking into the current operations of everyone starting out in Internet marketing, and after 11 years of being online full time it's easy to forget how frustrating even the simplest of Internet marketing activities can be to the neophyte.
So in response I put together this list of '21 Internet Marketing Success Steps' to try and help guide both those new to Internet marketing and those with some Internet marketing experience who find their online marketing profits stalled or declining.
Pretty much ALL Internet Marketing success breaks down very similar to:
Basics:
1) Choose affiliate or your own products;
2) Build some type of web presence for it;
3) Get targeted eyeballs to that page or blog post;
4) Start building your list from those targeted visitors;
5) Use every free method to bring more people to the site;
6) Use your list to bring people back to the site and to new sites;
Intermediate:
7) Add related backend offers to your site;
8) Set up an affiliate program and get others pushing your site;
9) Put about 30% of what's coming in back into getting more visitors;
10) Participate in giveaways to build your list and visitor numbers;
11) Find related products for new sites and do 1 - 10 with them too;
12) Attend live IM events, for knowledge but mostly for networking;
13) Convert related PLR resources to unique products to put online;
Advanced:
14) Set up a backend linking all your sites together & automate the processes;
15) Build e-mail e-courses to make available in each niche/area you cover;
16) Outsource much of your visitor acquisition;
17) Do Joint Ventures with other advanced Internet Marketers;
18) Outsource your product creation;
19) Evaluate and improve your automated backend efforts;
20) Speak at industry events & seminars;
21) Give back - mentor others to help them achieve their dreams.
For most people starting out it's safe to assume the following as averages other Internet marketing newbies have achieved...
First sale: 2 - 6 months.
First steady trickle of sales: 4 - 12 months.
Full Time Earnings: 2 - 5 years.
Those Internet marketing timelines can be influenced up or down by the amount of time and money you can put in, your background experience, your focus, and mostly by the amount of concentrated, continual effort you put into following your plan in a tightly-focused manner.
The 3 Biggest Biz-Killers...
1) Lack of focus (too many different, unrelated activities).
2) Giving up too soon (lack of perseverance).
3) Half-hearted effort (It takes a lot of time and/or a lot of money - you have to be willing to invest one or the other (or both) on a constant basis for the first few years at least. Everyone I've met at our level or above has a passionate commitment to their Internet marketing business.)
Do an honest appraisal of your Internet marketing efforts to date. Are you following the above steps in order, or jumping around? Starting at #1, how far into the list can you go, confident you're performing that task diligently?
Re-evaluate your plans based on what that tells you, and use that current limitation as the guide to what you need to learn more about, to focus on more, to put more effort into - and to eliminate anything else you're doing that is straining your focus and your money and time constraints.
Decide what your goals are online. A few extra bucks? A steady inflow to help with the mortgage or to get a new car or a cottage? Enough to do this full time? Or sustaining a level that lets you achieve all your dreams and desires?
Each level is being achieved right now by people online - just know which you're after so you can gauge the amount of time and effort you have to commit to your desired level of Internet marketing success.
Don't be swayed by stories of meteorical rises online - while they do happen, they're extremely rare. Usually they don't make all the details public - I know a lot of 'overnight successes' who spent 3-5 or more years in the trenches first - just no one knows that. And others who put 6 or 7 figures into their Internet marketing businesses before you first heard of them.
And watch out for people who had one or two big launches 3, 5 or 10 years ago and are still teaching that same system - Internet marketing practices change too quickly and too drastically for that info to still be accurate. When evaluating advice you get on Internet marketing, always think to yourself:
"Yes, but what have they done lately?"
If the answer is 'nothing new in the last 6 months', take the advice with a grain of salt and stay focused on your own path, only using the bits from it that fit in with your own Internet marketing strategy.
After all, only YOU know where YOUR biz is right now, and what YOUR end goals are, right?
The best advice I've seen in this biz is to focus on making your first buck. Not a lot, just your first buck. Achieving that shows it can be done. Then focus on making one more. That shows it wasn't a fluke - it can be repeated over and over successfully.
That eliminates one of the biggest stumbling blocks to building your own Internet marketing business by showing that a) it can be done, and b) YOU can do it. Then just use the 21 Internet marketing Success Steps above to build your business by continually repeating that process in larger volume for larger returns, and you're on your way!
Can I build a work-at-home career if I'm unemployed?
Sabtu, November 14, 2009 | business tips, bussiness, bussiness Opportunity, kind of business with 1 komentar »We've all seen the figures. Right now in our country we're facing a 10.2% unemployment rate. That number speaks volumes. What happens when income that you had coming in every week suddenly stops? Sure, we all know we should have saved for such an event, but many Americans are barely getting by. And experts say that the 10.2% is really just the icing on the cake. Many more have faced having their hours cut, having to take more days off, etc. So, what are your options? Can working from home somehow help?
First, consider if this is the time to start a home-based business. Perhaps you have been thinking about this for a while and just never had the opportunity. God might just be opening the door for you and telling you the time is right. Explore the options available to you. Remember the key to success: Match your skills, experience and passion with a business that allows you to use these. Do something that you enjoy doing and feel that you can be good at.
Second, think through what can you do to earn a second income. Take into consideration the things that you already have work experience or skills in. What hobbies do you enjoy? Can one of them be turned into a business? For example, look into virtual assisting. If you excel at administrative tasks, web design, bookkeeping, publicity, social networking, etc., this could be a fabulous business for you or a great second income.
Third, honestly evaluate your situation. Make a plan that allows you to work during the time you have available. If you still need to be searching for full-time employment, build that into your schedule. Think through the hours that you will have available each day. If you have small children at home you will need to decide if you will work around their schedule or try to find someone to help care for them. If your children are school-age try to make the most of the hours they are away from home.
Fourth, make task lists for each day or week and work through them to help keep you on track. Distractions abound when you work from home. You will need to be self-motivated and a self-starter. With no boss to keep you accountable and no one to assign tasks, it will all be up to you. For many this spells freedom, but for others it's a struggle. It may help to find some way to reward yourself at the end of the day for a job well done.
All of these options can be useful when trying to build an income from home or begin a home-based businesses. Consider ideas that you have quickly discounted in the past. How about direct sales? Especially with the holidays approaching consider contacting some companies and seeing what they offer. How about an online shop? Remember, this can just be a temporary thing. Yes, you might have to work harder now, but the peace of mind of paying the bills will far outweigh having to put in those extra hours.
Take heart. The unemployment rate will get better and soon be a distant memory. But in the meantime, hopefully these tips will help you make extra money for you and your family.
Ideas to Help You Start a Business
Sabtu, November 14, 2009 | business tips, bussiness, bussiness Opportunity with 0 komentar »As a business owner, I know how frustrating it can be to have a strong desire to run your own successful business, but not know where to start. You might have a picture in your head of working at home on your own schedule and not working the usual nine-to-five like most other Americans. But how do you get there? How can you start a company which will provide enough income where you can quit your current job and focus on your own company? While there is not a simple answer to any of these questions, provided in this article are ideas which can help you think of ideas for a successful business.
The first idea is to look at products around you and think about if any of them can be improved. For example, many people have made millions of dollars by improving every day items which most people do not pay much attention to. For example, look at your common desk items such as scissors, pencils and pens, and the computer mouse. I never thought scissors and pencils could really be improved upon their current designs, but recently I have seen scissors which fit into the palm of your hand and pencils which have finger grips and shapes which mold into the palm of the hand to make writing and cutting paper easier. Computer mice have also undergone much development since their introduction decades ago. Originally mice were just rounded pieces of plastic with an annoying cord attached. Now, mice have shapes which fit nicely into the underside of your hand with rubber grips and use wireless USB ports to eliminate the use of cords. Take a look around; maybe your cooking utensils or your remote controls are not designed with ergonomics in mind.
Another way to start a company is to look at a successful product on the market and create your own version of it. There are thousands of products that are highly profitable and control a large portion of the market, but there is always room for another competitor. Take candles for example, maybe there is a company which is responsible for twenty percent of the market’s sales of candles. Twenty percent could mean that the company sells ten million candles a year. If you have an idea for a different type of candle or even a candle which comes in a unique container, then you could still produce it and make money. If you only sell 10,000 candles a year, then you can still make a nice profit. You may not be able to quit your day job, but you can legitimately say that you have your own successful business. Maybe you only control 0.5 percent of the market, but you are starting to make a name for your company and making money too. Plus, if the larger company notices that you are making a name, maybe they will make an offer to buy your company! The possibilities are limitless.
A third way to start your own business, and perhaps the most interesting, is to think of a way in which your life is lacking, and fix it. To clarify, think of something annoying or difficult in your life that you wish could be different. Maybe you dislike how your universal remote control is extremely confusing or how you can never see where your key inserts into your car door when it is dark outside. If you see these situations as problematic, then you can be assured that thousands if not millions of other people are in the same situation. If everyone is experiencing the problem and there is no current solution available, then you should get to work on it. Try making a remote with the fewest number of buttons possible that people old and young can use. Or create a key with a push button light built into the side so you can see where to put the key late at night. There are millions of simple problems that have simple solutions; all you need to do is think about how your life could be better and you could make millions in the process.
While there are numerous ways to make large sums of money, it is up to you to be creative and do something no one else has done before. Whether you improve on a current product, create a product similar to an existing one, or think of a product to improve your life and lives across the world, there are tons of possibilities waiting on you. If you turn on your television sometime and watch a money channel, chances are you will see success stories of ordinary people who have become millionaires by creating and selling silly products. If these people can make millions off selling such ridiculous products which there was no market for before, then you can too. It does not take overwhelming brains to make tons of money; it just takes a good idea and the desire to never quit until you find success.
If you brought ten entrepreneurs together to ask them to make a list of the five most important traits of a successful entrepreneur they would probably finish up with eleven lists. Entrepreneurs don’t like predictability and arriving at simplistic answers. However, if you read each of those eleven lists, I think you would find the following traits on a lot of those lists.
1. Vision
One of the first attributes of all successful entrepreneurs is having a clear vision. The evidence of that is easy to see from the most successful companies – Microsoft, Berkshire Hathaway, Johnson and Johnson, and so it goes on. If you’re an existing entrepreneur, what made you start the journey of being a business owner? Make sure you haven’t moved away from that. If you have, find it again and re-focus your long term goals.
2. Plan
When was the last time you revisited your business plan, sales and marketing plan, communication plan and productivity plan. Too many plans? Most businesses take seven to 10 years to be “successful.” Success is not an overnight event. It may arrive quickly but it may arrive quickly because of the blood, sweat and tears it took to get there.
3. Keep it real
… and in perspective. It’s not your imagination that sales are down, customers don’t seem as happy as they used to be, employees are worried but as an entrepreneur “keep it real” till the dust settles and you can get back to it.
4. People
I would suggest that no entrepreneur has been successful on their own. It would be equally true, that all successful entrepreneurs developed to a very high degree, the ability to communicate and inspire a team that they led. I would suggest this is even truer today because of the many layers to running a successful business. The many layers of legal, accounting, sales, marketing and technology prevent one person from doing them all. However, they do not prevent one person from hiring the brightest and best and building them into a powerful team.
5. No is a word – not a destination
Keep looking for people to buy your product or service. In a challenged economy they will be less and you are going to have to ask more people to get a yes. That’s what sales is all about so keep selling.
And probably the one trait you will see on all the lists is – never give up.
Read More......Earning Money With Passive Income
Sabtu, November 14, 2009 | business tips, bussiness Opportunity with 0 komentar »The economy is in bad shape at the moment. Unemployment is up, the stock market is down and the financial credit crisis and housing markets are in turmoil.
Now the good news.
There are a few different ways for you to make money and the best part about it is that you won't have to do much after the initial set up. This type of income is called passive income. or residual income.
What is passive income? It's income that you earn without have to do anything, or a limited amount, once the initial work is done. It's your money working for you instead of the other way around. Most people think of passive income as in the stock market with your money growing over time without you really doing anything. Interest on any bank accounts or investment vehicle is also considered passive income.
Another type of passive income is owning and operating vending machines. Granted, there is some involvement from you in regards to reloading the machines, but basically you don't have to be involved to have someone buy merchandise and make money from the sale.
Many people looking for passive income are looking toward the internet for ideas. The internet has become such a money maker for so many people. John Chow, Darren Rowse and Courtney Tuttle are just a few that have made their living from passive income in the form of the internet. Building a website around a particular theme where you can get a steady flow of traffic from, can attract companies to advertise on your site. Amazon.com has an affiliate program that you can add on to your site where you can make passive income.
One of the best ways that I've been able to make an income from is real estate. My wife and I have bought several rental properties at a great price that have been bringing in income since day one. At this time we are looking for some more great deals since the housing market has been beaten up and the prices have come down so much more. With a lot of people losing their homes to foreclosure, the need for rental properties have hit an unbelievable level.
So if you're one of the many that are struggling to make ends meet and are not able to get another job or even a decent raise, then you might want to think about passive income.
Read More......make $700-1000 per day from your home
Sabtu, November 14, 2009 | business tips, bussiness Opportunity with 0 komentar »Starting the Smartphone and 3G
Smartphones were introduced just a few years ago, and are now considered as a staple device in 3G among individuals from all over the globe. There are several features and applications that you have to know about to invest in the right product. There are so many gadgets now available in stores and web sites. Prices will vary depending on the brand, tools and manufacturer. Here are more details about the smartphone.
Describing the Phone,.. Read more @ http://www.3giphone-aps.com
A smartphone is a mobile phone unit that provides advanced and modern capabilities, usually with PC-like functions. The smartphone has no industry standard definition. For a number of people, a smartphone is a cellular unit that operates a full operating system software, giving a standard platform and interface for developers of applications.
For other people, a smartphone is just a regular cellular phone with very modern features such as the internet, email and ebook reader capacities. There are also other features such as external USB keyboard, a built-in full keyboard and VGA connector. It is simply a small computer with a 3G phone capacity. The rest of the mobile phone market has been outgrown by smartphones. These gadgets have big screens, open operating systems, powerful processors and abundant memories.
Agreements in the Industry
There is truly no real meaning or definition of the smartphone in the industry. The descriptions have changed significantly over time. Smartphones according to a number of experts are a lot different from regular mobile units in a couple of basic ways, namely what these can do and how these are built. Other meanings apply various stresses on the two factors.
As far as smartphones are concerned, it is only a matter of evolving from one phone to the most recent. The real device at a certain period may even become smaller in size, thereby losing its essence or being as a phone. The device might be referred to as integrated. The device may be considered as invisible as possible between the things the consumer has and what he or she wants to do.
The Operating System
A lot of devices that consider smartphones at present use a very identifiable operating system, usually with the capacity to add applications for the purposes of entertainment, enhanced data processing and connectivity. These are significantly better compared to regular phones that only support starter applications such as Java games. The 3G smartphone applications may be enhanced by the creators of the tool, via the network operator or by other software developers from the third party, because the operating system is open.
On the Features @ http://www.3giphone-aps.com
In the case of features, a lot of smartphones back up full featured email capacities having the functionality of a full personal organizer. Other functionalities may involve an added interface like a small QWERTY keyboard, a built-in camera, a D-pad or touch screen, an accelerometer, contact management, the capacity to read business documents in different formats like Microsoft Office and PDF, a touch screen or a D-pad, media software for playing music, viewing video clips and photos, internet browsers and even just safe access to company mail.
A basic feature among many 3G smartphones is a contact list with the ability to keep as many contacts as possible that the memory permits, compared to standard phones with a limit to the highest number of contacts that can be kept.
Read More......If you are about to start off in business you will have no doubt heard these comments:
“So many businesses fail. Why are you doing this?”
“I hear that you need a large amount of money to get a business off the ground these days.”
“Why are you throwing away the security of your job?”
These, and more of the same, are typical of the barriers that so called friends and advisors, put in your way if you are thinking of starting a business. These barriers are built on the back of myths about the pitfalls and challenges which surround running your own business.
In this article, we’ll take a look at some of these myths and reveal them to be exactly that … just myths! Don’t get me wrong, being an entrepreneur can be tough and there are hurdles to cross, but let’s bring some common sense into the debate!
You Don’t Have a Personal Life
Yes you will! It can be hard juggling the responsibilities of running your own business and spending time with the family, but at the end of the day, you are going to have far more flexibility with your personal life, than any employee will ever have. The real issue is, do you have the time management and planning skills to get things done, thereby allowing you time to spend with your family.
You Have To Be Cunning and Ruthless To Be a Successful Entrepreneur
Ok, it may help you in the short term but this is not a sound, long term strategy. To be a successful entrepreneur you need to build relationships with both customers and suppliers who will stick by you during the rough times. Being ruthless over pricing may get you one or two good deals but you are unlikely to build a lasting and profitable relationship. Your aim should be to strike a balance between what you want and what your customer or supplier wants.
You Won’t Have To Work As Hard
Your current job may be stressful and subject you to long hours. The idea of running your own business is appealing because you can slow down and take life at your own pace. To a degree this is true but there’s no getting away from the fact that it will be hard work. Most small businesses don’t achieve profitability until year 3 and so it’s a long slog. Remember, if was easy, everyone would be doing it!
What does make the difference though, is that you are finally doing something you love and so the hours and the struggles don’t seem like hard work at all. So perhaps this myth may be true after all!
You Have To Have an Original Idea
No you don’t. Most businesses are built around a central idea. The difference is usually how it’s delivered. The core products of all fast food places are the same, as are clothes shops, newsagents etc. You can make a decent living effectively copying someone else’s idea but done in a slightly different way. Don’t be put off by the doomsayers who will gleefully point out that “it’s been done before”. Your response should be, ‘Great! That shows the idea works!”
You Will Be Your Own Boss
No way! There’s only one boss in your new business … the customer. They are essential to your success. When you were working for that large, faceless Corporation, the loss of the odd client wasn’t that big a deal - plenty more where they came from.
In your new world you have to do whatever it takes to keep your customers and keep them happy. The customer is the one who calls the tunes. You have to listen and take note, before someone else does. However, at the end of the day, when all their demands are met, then perhaps you can have some time to yourself and enjoy the pleasures of being your own boss after all!
You Need A lot Of Money To Get a Business Off The Ground
Some businesses do need a fair bit of cash to get moving but there are many areas you can go into without the need to invest in a large amount of stock, machinery or equipment. The low-capital businesses involve the use of three very cheap commodities – your brain power, your knowledge and your time.
A business where you sell your expertise, not actual goods, to other people can be cheaply set up and carry high profit margins. All you may need is a PC, a desk and a telephone line. What’s stopping you?
You Only Have To Do What You Want To Do
Unfortunately this myth is wrong. We all have areas or skills in which we excel and it’s this expertise which usually forms the basis of your business. Your dedication to paperwork, bank statements and the VAT man may not be that high, but branching out on your own doesn’t mean you have the choice to avoid these terrible tasks.
Whilst you were able to do this when you were sitting in the big corporate office, you can no longer hide. These tasks have to be done otherwise the deck of cards can start to collapse.
If you do have serious misgivings on certain areas, marketing for example, then consider taking a course to improve your skills. If it’s something you seriously can’t do, then go and find someone to do it for you – don’t hope it will go away because it won’t.
You will have seen that some of the myths not being true is good news and others not so good news! Be sensible in considering the myths which are thrown at you. See it for what they are - comments from people who don’t know what they are talking about!
Read More......
