Preparing to be an EntrepreneurWritten by Darrin F. Coe, MA
I believe free market economy and wealth of a community is built on back of entrepreneur Taking entrepreneurial business path can be exciting, exhilarating, and an emotional roller coaster of ups and downs. There are a number of factors you should consider as you consider, prepare, and move forward into world of entrepreneur.Consider your motivation for pursuing self-employment Many people consider going into business for wrong reasons. – They want more free time (You’ll work longer hours owning your own business) – They want to be wealthy and have their own money (Remember, you as owner get paid last) – They want to turn a hobby into a business (Many times hobbies lose their enjoyment when they become businesses) Go into business because you love business. If you can combine a love for business with another talent then you’ve got a shot at making it. Some of most talented hobbiests make terrible business people because they don’t love business. == personal note == I’m a great example of this. I love to write and I love to write about success, business, growth, and development. I love to do research and share that information with others. Unfortunately, I’m terrible at business and don’t have a strong passion for it. I’ve learned this hard way by starting and closing a number of micro businesses. So if you love business and combine it with talent go for it. == personal note == So if you believe entrepreneurship is right for you, what should you do as you begin you entrepreneurial path? 1. Make a long term strategic plan You won’t be able to jump right in. You’ll need to look into future and set some time tables. Consider next year as a year for planning and preparing. – How will you obtain funding? – You’ll need to develop a comprehensive business plan – You’ll need to garner support of family and friends – You’ll need to develop leasing, licensing, and facilities – You’ll need to prepare for emotional roller coaster of small business – You’ll need to develop a debt reduction plan – You’ll need to develop your product and/or service – You’ll need to do some market analysis – You’ll need to do some feasibility studying.
| | gomembers to participate at ASAE/Center for Association Leadership AMS Demo DaysWritten by gomembers, Inc.
FOR IMMEDIATE RELEASE October 28, 2004gomembers to participate at ASAE/Center for Association Leadership AMS Demo Days [Herndon, VA] gomembers, Inc. (http://www.gomembers.com) will serve as a vendor panel member during first day of American Society of Association Executives/Center for Association Leadership (ASAE: http://www.asaenet.org) Demo Days workshop on November 9th. On November 10th, gomembers will offer demonstrations of their flagship AMS product, Q. Q is association management software system developed within .NET framework to provide maximum functionality and flexibility for users. The two-day program is designed to help association executives learn to evaluate their options in selecting an association management software system. “We are happy to participate with ASAE in this worthwhile program,” said Tom McGourty, Vice President of Sales and Marketing for gomembers. “The opportunity for association executives to get both user and vendor analysis to guide them through critical decision making process is invaluable. Plus, with additional opportunity to have product demonstrations from vendors during program, they can get a good foundation of information to help guide them through process. This will be time well spent for any association executive who is considering adding or upgrading their software.” For any questions, please do not hesitate to contact gomembers via email at: gomembers-inc@gomembers.com
|
