Startling Facts...

Written by Jim Green


Fact: Start a Business without a Masterplan for Success and You’re 95% Certain to Fail!

Fact: Only 5% of People Who Start a Business Make it into Year 6.

“95% of small business start ups fail within 5 years. Two-thirds of new employer firms survive at least two years, and about half survive at least four years.” (Source: Small Business Administration 2004).

How can this be whenrepparttar same US Government source claims that small firms represent more than 99.7% of all employers? Why isrepparttar 104416 failure rate so high? Here’s why. 95%of all start ups have no masterplan in position atrepparttar 104417 outset and in consequence flounder and sink without a trace. What’s more, this alarming fatality quotient applies equally to offline and online enterprises. Even worse, tens of thousands more start a business every day and follow exactlyrepparttar 104418 same route to disaster.

Fact: Google lists in excess of 12,000,000 web sites offering advice on how to start a business - but how many I wonder emanate from people who’ve actually done it for themselves. My site does. I’ve founded, owned and operated dozens of small businesses – and I’m still doing it. I’ve also authored two widely-acclaimed bestselling hard copy books onrepparttar 104419 topic, ‘Starting Your Own Business’ (How To Books ISBN 1-85703-859-2) and ‘Starting an Internet Business at Home’ (Kogan Page ISBN 0-7494-3484-8); titles that sell in big numbers online at Amazon.com and offline in bookstores throughoutrepparttar 104420 world.

Now I’m unzipping my case notes spanning forty years of successful independent commercial activity to present you with an all-in-one masterplan to ensure success before you start a business – and to maintain momentum in tandem with your endeavors so that you don’t end up inrepparttar 104421 same place as 95% of start ups:repparttar 104422 dump truck.

The All-in-One Start a Business Masterplan doesn’t simply focus on getting you up and running. Asrepparttar 104423 Ultimate Start a Business Compendium it goes deeper, much deeper. In its 4 individual tutorials it aims atrepparttar 104424 creative heart of operating a small enterprise: how to start a business with failsafe offline and online strategies, how to avoidrepparttar 104425 crucial mistakes that cripple 95% of all start ups, and how to sustain progress with tried, tested, proven stratagems.

While You're Waiting

Written by Robert F. Abbott


Not long ago, I made a partnership pitch, on behalf of an organization I represent, to another organization with similar interests. Ifrepparttar idea had come to fruition, it would have radically changed our organization.

So, you can imagine my impatience when I didn't hear back fromrepparttar 104415 person to whom I'd maderepparttar 104416 proposal. She had welcomedrepparttar 104417 idea, but told merepparttar 104418 decision would be made by a council within her organization.

Givenrepparttar 104419 dynamics of an important decision aboutrepparttar 104420 future of their organization, I didn't expect a quick response. But, I would have liked at least an update advising me onrepparttar 104421 status of their considerations.

Then, I had a "Eureka," or maybe I should call it a "Whoops," moment. I realized I hadn't reported back torepparttar 104422 people in my organization either. That made me guilty ofrepparttar 104423 same lapse of communication asrepparttar 104424 lady inrepparttar 104425 other organization. With that recognition, I made amends by sending out an email to my organization, and followed up with a report at a meeting.

In taking an analytical view of this incident, I realized that nothing can be something when it comes to communication.

The idea that nothing can be something seems counter-intuitive. But rememberrepparttar 104426 famous Sherlock Holmes observation aboutrepparttar 104427 dog that didn't bark;repparttar 104428 fictitious detective solved a baffling case by noting what did not happen, rather than what did happen.

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