Becoming An Entrepreneur

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Information about Becoming An Entrepreneur
Business-Finance

Published on November 11, 2009

Author: cherieangcl

Source: authorstream.com

Becoming An Entrepreneur : Becoming An Entrepreneur By Cherie Ang Thoughts : Thoughts Anyone who has ever worked for someone has had the following thought run through his or her mind: "I would be much better off being my own boss." Many people decide to take that thought and run with it, joining the ranks of many who become entrepreneurs. Many small start-up businesses see great success while others fail. Slide 3: Thinking about starting your own company? Do you have what it takes? Is it worth all the pain and suffering? Evaluate Yourself : Evaluate Yourself There is no way to eliminate all the risks associated with starting a small business. However, you can improve your chances of success with good planning and preparation. A good starting place is to evaluate your strengths and weaknesses. Making Decision : Making Decision As with any other aspect of career planning, a great deal of thought should be put into making the decision to strike out on your own. Not everyone is cut out to work for themselves. When you work for yourself there is little time away from work. Even if you do manage to take some time off, your business will be on your mind. Relationships : Relationships Business owners need to develop working relationships with a variety of people including customers, vendors, staff, bankers and professionals such as lawyers, accountants or consultants. Can you deal with a demanding client, an unreliable vendor or cranky staff person in the best interest of your business? Motivation : Motivation Running a business can wear you down. Some business owners feel burned out by having to carry all the responsibility on their shoulders. Strong motivation can make the business succeed and will help you survive slowdowns as well as periods of burnout. Be Ready : Be Ready Becoming an entrepreneur is not easy. It takes a lot of hard work, dedication and focus. Before taking the plunge into entrepreneurship you have to make sure you are ready. You may be jumping out of the frying pan and into the fire. Free Yourself : Free Yourself The point of becoming an entrepreneur is to free yourself from the mockery that is a salary, and concerning yourself with money only subjects you to more of this anti-freedom environment. By Cherie Ang : By Cherie Ang http://pips.sgprofitsite.com

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