The Desire For Money, Do You Have Business Sense?

Written by Joseph T Farkasdi


For those of us who grew up with parents who worked for businesses rather than owned them,repparttar world of business can be quite a mystery. Even more so if we've dared to try to start one of our own. There isrepparttar 103265 factor of what type of business to start - a product or service business. There arerepparttar 103266 issues of doing a good market analysis, licensingrepparttar 103267 business, understandingrepparttar 103268 codes of law governing businesses, and determining just what type of business structure to choose - especially ifrepparttar 103269 business will have employees. For example, should we start a sole proprietorship or a corporate business? It's a lot to work on, and it's not an overnight process torepparttar 103270 road of success. But,repparttar 103271 most crucial challenge to whether a business succeeds or fails lies deep withinrepparttar 103272 realm of emotional versus financial intelligence.

Many start-up businesses fail withinrepparttar 103273 first year of existence. This is especially so with businesses started from home, or exist withoutrepparttar 103274 traditional bricks and mortar structure we are so accustomed to. And, far too oftenrepparttar 103275 reason many start-up businesses fail has to do withrepparttar 103276 emotional challengerepparttar 103277 new business owner faces. The challenge of seeing him or her self now as a business owner, rather than a paid worker for someone else's business. It means dressing differently, thinking differently, and talking differently. It means believing that you are already successfully established even if you have a long ways to go onrepparttar 103278 business's balance sheet. To put simply, ifrepparttar 103279 business owner doesn't have a firm belief and commitment inrepparttar 103280 business and his or her role asrepparttar 103281 owner, then others simply won't be convinced that this business isrepparttar 103282 place to get what they need.

Then, there isrepparttar 103283 crucial issue of havingrepparttar 103284 financial intelligence to keeprepparttar 103285 business going inrepparttar 103286 directionrepparttar 103287 new owner desires. To put it simply, ifrepparttar 103288 new business is only taking money to operate and not making money, it won't be long beforerepparttar 103289 doors of opportunity become closed. No matter how much motivational self-talk and emotional pump-me-uprepparttar 103290 new business owner does, it isrepparttar 103291 results shown onrepparttar 103292 bottom line that determinesrepparttar 103293 future ofrepparttar 103294 new business. And, ifrepparttar 103295 bottom line is steady generating a negative,repparttar 103296 business will eventually lose. Far too many new business owner simply don't understand this simple fact and it's incredible impact uponrepparttar 103297 future of his or her business. And, far too many system based business endeavors, such as network marketing, fail to properly focusrepparttar 103298 majority of their teaching on this.

To keeprepparttar 103299 vision, motivation, commitment and, ultimately,repparttar 103300 business alive, a start-up business owner must simply knowrepparttar 103301 ins and outs of basic business accounting. The more he or she comprehendsrepparttar 103302 principles of good financial management,repparttar 103303 greaterrepparttar 103304 chance of achievingrepparttar 103305 desired goals forrepparttar 103306 business. It is, ultimately,repparttar 103307 financial bottom linerepparttar 103308 determines whether a business owner maintainsrepparttar 103309 belief and dreams associated to his or her business. The financial bottom line determines just how much commitment to marketing and advertisingrepparttar 103310 principal staff ofrepparttar 103311 business will willing give. It's very encourage able to develop a love for numbers, especially when working withrepparttar 103312 basic additions, subtractions, multiplications, and divisions ofrepparttar 103313 financial budget. Here's a recommended source to spur this number love: http://www.jtsef.com/financial.htm .

Your Organizing DNA

Written by Cynthia Kyriazis


Your Organizing DNA

Do you like storing your papers on top of your desk in trays, baskets or just plain piles? Do you have a preference for Post-it notes and maybe some colorful file folders? Or are clearly labeled files and file cabinets more your style? Do you 'file' or 'pile'? I make it a practice of testing my workshop participants for this very thing because of its importance in creating and supporting an effective, organized workspace.

The brain's dominance factor Research conducted inrepparttar late 1980’s proved that human beings exhibit brain hemisphere dominance in early childhood. Brain hemispheres have distinct functions that work together so that we actually use both sides of our brain in everything we do.

Your brain's dominance directly impacts how you respond to new experiences. The more aware you are of your own learning style,repparttar 103263 better positioned you are to use what you learn.

Your natural style isrepparttar 103264 key Left-brain dominance indicates someone who tends to be analytical, methodical and a linear thinker. This scenario may imply that left-brainers are more organized, but this is perception more than reality. Language resides inrepparttar 103265 left side ofrepparttar 103266 brain so these individuals look for a word on a label affixed to a file folder frequently found stored vertically on top of their desk or in their file cabinet.

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