It's easy and profitable for almost anyone to start a business, so there's
no reason why you shouldn't get a piece of business prosperity.
There are so many great reasons to start your own business, I think
everyone should do it:
- Make More Money, by promoting your business effectively, and
running it efficiently.
- Have fun, by converting a hobby or personal interest into
a business.
- Create value, by providing wanted goods and/or services.
- Save on expenses, by taking advantage of wholesale prices and
"corporate rates" that aren't available to everyday consumers. Why
let the corporations have all the breaks, when you can have them too?
- Save on taxes, by deducting your business and home-office expenses,
converting your hobby expenses to business expenses,
and many other tax write-offs that are only available to
businesses.
You might think it's difficult to start a business, but
many businesses are quite easy to start up. In some cases, you
can grab a software package, easily create an online store, and enjoy the benefits
of your own business immediately. Local regulations for small
businesses vary widely and can be somewhat confusing, but they usually
aren't a serious obstacle. The local authorities will be happy to help
you get started, so they can look forward to the tax revenue from
your business.
Some people, even family and friends, will try to discourage you from starting a
business. But there's still good reason to at least try starting up
a part-time business with low initial expenses. Don't worry too much
about failing; America is a kind and
forgiving country, and you'll do fine if you treat people well and create a
business that meets human needs. You can
start slow and with minimal expenses, test the waters of entrepreneurship, and when you
know you can do it, dive in! If you work diligently to make your customers
happy, you can make your dreams come true.
Get Smart Advice Before You Jump In
Everyone makes a few mistakes when they first start
a business. Most mistakes are minor and you'll recover from them
quickly. I believe there are three mistakes that you
must avoid:
- Overspending. Make absolutely sure that the expense is worthwhile:
"try before you buy", start with small expenses, and don't waste money on
promotional methods that are unproven.
- Undertesting. Try to use marketing methods that have been
tested by other entrepreneurs and found to work
well. Network with other people, but don't take their advice without
seeing proof that it works. Test the goods, services and methods
that you plan to use. If testing doesn't work,
you will have saved a lot of time and money.
- Lack Of Self-Development. Always try to get better:
be more strong-willed, smarter, happier, more
charismatic, more virtuous. Every salesman
knows that when you're trying to sell something, you're really selling
yourself. If people don't like you and your company, they won't
buy from you.
One way to dip your toes into the water is to get a free copy of
Home
Business Connection Magazine. It will show you
money-making businesses that you can operate from home, tell you about
success stories of "average," ordinary people who are becoming
rich from home, and it also contains free offers and samples.
What you may really need is an experienced mentor to bounce ideas off of.
I suggest that you try S.C.O.R.E.
Online, the Service Corps Of Retired Executives. Here's how to get in touch with
them:
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Start Your Own Business, Save Even More! 
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Time to complete:
| 5 minutes |
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Money you'll spend:
| $0 |
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What you'll get:
| Thousands of dollars of savings, by avoiding mistakes! |
Step-by-step instructions:
- Come up with some ideas on what kind of business you'd like to start.
- Click here: S.C.O.R.E.
Online. A new window will open with this page.
- On the next page, click the link labeled ABOUT COUNSELING.
- Read the next page, then click the link labeled Get Email Counseling.
- On the next page, type your question (e.g. "How do I get started in the widget-selling business") and
click the button labeled Submit.
- You should also consider finding a local SCORE counselor. To do that,
click the link labeled Find SCORE.
The more enthusiasm and energy you show your counselor, the more
he or she will want to help you.
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Further Reading:
 BizWiz: This
is a business-to-business Website designed to help
businesses work together online, through a network of more
than 300,000 companies. It is recognized as a valuable resource if
you want to make contacts, or you're buying or selling a product or
service. This site serves all industries, all markets, worldwide.
 Business and Career
Magazines, 90-day risk-free trials
 Start Your Own Business : The Only Start-Up Book You'll Ever
Need is a down-to-earth, practical guide to starting your own business.
- 77
No Talent, No Experience, and (almost) No Cost Businesses
You Can Start Today! (Prima Publishing). It's easy to start
a business today, using such ideas as:
- Selling items on auction sites like eBay
- Printing your own greeting-card designs on your computer
- Runing errands and doing mass-mailings for other companies
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