Thursday, February 17, 2011

ADVICE FOR BUDDING ENTREPRENEURS

WHAT OWNERS OF BUSINESS START-UPS SHOULD DO

from the article "Advice for Budding Entrepreneurs"
By Steve Tobak | February 11, 2011

If you’ve got your own company or are planning on starting one, there is one thing I can tell you with absolute certainty. There will be times when you think, what the hell have I done? I can’t do this!

Fortunately, in all likelihood, you’ll be wrong. But who in the world is going to tell you that, with authority, when the time comes? More to the point, who will you believe?

The funny thing about entrepreneurs is that they tend to be skeptics who don’t easily trust others. They generally keep their own counsel. So who are they going to believe, their own inner voice, or their friend or spouse who, by the way, sort of has to say, “Don’t worry; you can do it!”

You see, we overachieving, success-minded people are our own worst enemy. We’re notorious victims of self-doubt, anxiety, and self-limiting behavior that, all-too-often, results in shooting ourselves in the foot … or somewhere even worse.

For enterprising people, the whole idea of finding a mentor, a partner, or like-minded people for support and to bounce ideas around is a complex issue that represents a critical factor in their ultimate success or failure. And since I’ve got a few decades of experience with this sort of thing, here’s some …

Advice for Budding Entrepreneurs

    * Get a partner
    * Find an angel
    * Have a sponsor
    * Maintain balance
    * Take baby steps

MY THOUGHTS

from what i've seen, entrepreneurs (the serious ones) spend more time working than those who work in an office.  if you've just started a business or thinking of starting one,i will post the short explanations to to the 5 points in this article.  wait for it.

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