So you want to start and operate your own home-based business.Are you prepared for challenge?
Operating your own business is more than just basic startup steps. A great business plan, startup capital and an outstanding product or service can get you started. Your ability to weather storms of entrepreneurship is real challenge. Riding business emotional roller coaster will test your mental and physical strength. It seems that at one moment you are riding High wave of success and satisfaction and next moment you're being beat-up by waves of discouragement and stress.
Are you prepared for challenge?
I started my own business several years ago marketing a financial software product that I personally developed for a niche market. I had no competition and very low overhead. I sold my software to an organization that had over 5000 divisions that desperately needed type of software that I had developed. The perfect business model. Man, was I riding High wave of success and satisfaction!
Just when I had finally stabilized my software and established a working relationship with divisions of this organization tides changed. I was approached by an officer of major organization about participating in a joint venture with another Software Company. Well, I really didn't have a good feeling about this idea, but I agreed to discuss possibilities.
The other Software Company basically wanted me to give them rights to my software on a trial basic with a PROMISE that I would be compensated if they were successful. Well I told them what they could do with that deal and things started to completely fall apart after that. I was told that I either accept deal or they would proceed without me. So I took hard stand and refused deal and they proceeded without me.