With the economy in ruins, speak of employment on their own is increasing. The Americans begin to realize that dedication and loyalty to the business of another person there is no guarantee of safety and work for himself same is playing better and better. However, many people are home to important insights wrong what entrepreneurship really means. Myths and realities of the business must understand is anyone thinking of leaving on their own.
Myth # 1: From my own company means I'll have more free time.
Reality: That the majority of new businesses succeed, the employer must put in overtime, especially during the early stages. All the details of the business require attention from you and your to-do list will grow faster than making it a 9 to 5 job. Carving time you will be required, but is difficult because it is always thinking of the thousand things that should be, but are not. If you want to build a thriving business, without spending much time on the golf course, at least not in the first year or two.
Myth # 2: Having my own business is going to solve all my financial problems.
Reality: while it is true that ownership of the company is the only way to significantly increase the personal wealth (as well as winning the lottery), did not occur overnight. After months of work to get your company to the point of balance, their next target is ramen profitability. I.e. a correct home keep you and your family in ramen noodles to spurt the next growth of sales. Plan to sink every penny that can be in your home for at least the first year. It might be difficult, but the reward is important - and they are not likely to be found dragging up the corporate ladder of another person.
Myth # 3: My idea is so good that it will sell itself.
Reality: No, no. Sales of construction requires time, money, effort and planning, no matter what you sell. Even if it starts with a big customer willing to buy, you should always look for the next great client. Marketing is the heart of every business - no marketing, no sale.
Myth # 4: The self-employment is easier to work for someone else.
Reality: Work itself is much more demanding than any work. Business begins and ends with you. Sick days, hour lunch and leaving work at work are benefits reserved for employees, not the head. Until they have increased their share to the point of having a personal trust to cover all the critical tasks, you are. However, successful entrepreneurs are driven by the control and autonomy that come with the work on their own and enjoy the feeling of being responsible for each result - good or bad. If easy entrepreneurial spirit, would be more people on board. As it is, only 7.2% of Americans self-employed - less far from other industrialized nations.
Myth # 5: With my own company I get to be my own boss.
Reality: true! Get to be your own boss, as well as your own accountant, his own lawyer, its own marketing department, its own support staff, the list goes on. While employers have more control over what and when and how do they also have the added pressure of the responsibility for the success and failure of the business. Employers also trade in a single regular work head and receive hundreds or thousands of heads - customers. Customers are the soul of your business. It is your responsibility to provide a product that benefits them and provide service to the client that keeps them satisfied and coming more.
As your business grows, your responsibilities will be expanded to include keeping your employees happy so. Do no longer stuck with a boss? Now you have thousands of them.
About the author-K. MacKillop, a serial entrepreneur with a JD from Duke University, is founder of LaunchX and a home small business blog authors. The LaunchX system is designed to help entrepreneurs to start a business without falling prey to these myths. Visit LaunchX.com for more information about this revolutionary way to become an entrepreneur.
No comments:
Post a Comment