Are You Ready To Succeed by BB Lee (C)2002(672 words)
The Right Stuff! Do you have
right stuff to start your own home based business? That is
first question you must know
answer to before you strike out on your own.
Visualize! Next step, visualize what your life would be like if you were to start your own home business. Are you getting a good picture? Do you like what you see? Or do you shudder at
thought?
Research! Still determined to start a business? Time to do a lot of research. Research is needed if you plan on succeeding in your new business venture. To find answers you will have to ask a lot of questions. First, seek out other business people who would like to mentor new business owners. Research at your local library or Online. A great place to start The Small Business Administration http://www.sba.gov
Honesty! It may be difficult, but you have to be honest with yourself. Do you have
needed talent, skills, experience, to handle
daily task of running a home based business. If not, do you know where to obtain
education, certification, or training?
Finances! Are you financially secure enough to run a home business. You will need enough money to tide you over while you are trying to establish your business. Are you willing to give up a steady salary for
uncertainty of running your own business. Will your spouse or others help support you? Do you have a sizable bank account or other financial resources to tide you over for several months or even a few years?
Support! Are you at odds with your family members over this business idea? Family members may not be supportive because they are fearful of what could happen without a steady income. You must face this possibility and understand why they may oppose your plans.
Time! Are you thinking of getting rich over night with your business idea? Remember, success might take years. Even, if you have your game plan together.
The Game Plan! Map out a business plan for at least one full year. Write down what you plan to accomplish in this time frame. Where you expect to be. At
end of
year, reassess your game plan; are you where you want to be? Do you need to re-think your strategy? You will probably redo it numerous times if you are in it for
long run.