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Old 4th December 2006, 01:43 AM   #11
JWDesignCenter
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I think it ultimately depends on the type of person someone is. There are a lot of people out there who think that owning your own business is this freeing, beautiful, easy thing.. and.. well in some ways it can be.. but in other ways it can be exactly the opposite. It is a lot easier to work for someone else and just collect a biweekly paycheck. But those people who are wanting to start a business who really are serious and have the gumption and drive to work harder than they ever have in their lives... well they definitely have a shot at making it work. It is these types of people who research, continually trying to learn and grow. Those who are looking to make it to easy street in a week... well they'll ultimately fail and will either go back to their day jobs, or realize that nothing comes easy and they should do their research.
I've been running other people's businesses for a long long time, decided I didn't want to run their businesses anymore and started my own company. I'm still learning... something new every day.

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Old 31st January 2009, 12:59 AM   #12
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Thank you for sharing a nice post.
People want to start their own online business in the most lucrative markets.
But every one initially needs some guidance and also tips to know the business strategies and tactics. Carefully select the best niche in which you can do the business and then start working on it from home

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Old 25th March 2009, 01:18 PM   #13
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How many successful people have said, "If I had known how hard it was going to be to get to where I am, I never would have started!"?

While I agree due diligence is always necessary and prudent, Crimson Fox's suggestions just aren't realistic.

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Originally Posted by Crimson Fox View Post
Secondly, what is it that makes these businesses in these industries successful? You need to see the parts all working together before you can design the structure of your own business. It's preferable if you get a chance to work in each of these positions to see if you can do the job and what it takes to make these roles work.
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Originally Posted by Crimson Fox View Post
You need to know these roles inside and out because when you start-up you are going to have to do a lot these jobs yourself or be able to very quickly find the right people for these positions (a tough job in itself).

Now all these things need to be considered before you even know if you are going to like the business you are about to get involved with…
This all sounds really good on paper, but in the real world you roll up your sleeves and you get your hands dirty. You solve the problems you are presented with and keep moving forward. Taking action now and learning what you need to learn as you need to learn it, is far more important to success than waiting until you THINK you've learned all that you need to in order to START doing something.

Do your research and decide if a new business is for you, then start doing it. Know that it is going to be a lot of hard work and that you will be continually presented with something new to learn and get on with it.

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Old 20th May 2009, 04:35 AM   #14
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Very helpful post. In this competitive market is very tough to start business without proper management and strategy. Thanks for information.

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Old 8th June 2009, 08:42 AM   #15
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Good article. Management training companies provide best solutions for that business and they provide business sales training and business analysis for their business. Thanks for information.

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Old 15th June 2009, 07:23 PM   #16
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Default Most often missed "thing" to check out

When starting or wanting to start an online business, we can all get plenty of advice if and when we ask for it. Promoters are absolute professional at putting out a great Squeeze page and the big selling effort is begun. It is hard to tell if it is part of the scams or not. Google reviews help and all the due diligence is helpful of course. BUT read the Term of Service or just "Terms" with a maginfying glass. Now read them again, - don't just skim over it. Many ads are out now leading you to believe a deal promoted as a Google Marketing Package, etc. and if you sign up and send them you credit card number for the $1.95 (?) you will discover that you are agreeing to pay
$71.50 per month or more (plus fees?) for something you didn't think you were getting into. This is serious, - believe me!















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Old 19th January 2010, 04:37 AM   #17
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Yeah people want to start their businesses but don't know where and how to start. Engaging in business is easy unless you know what you really like, or shall I say you know what your goals in life.

In business you need to plan first. Ask yourself what you really like. Then after you finish thinking what you really like, make a business plan so that you can stick to the plan. Always plan first so that you where to start.

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Old 21st January 2010, 04:07 AM   #18
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what you read is what all new business people need to hear and I agree that it wont take quick to achieve.it not only requires passion it also requires loyalty plus focus. once new business man cannot hold their own trust and focus on the grow of their business they will easily distract with other business proposal that only offer quick return with non sense presentations

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Old 1st February 2010, 05:20 PM   #19
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I gotta roll with Best Biz Ideas and Jase on this one.

In my experience:

Business Planning: a futile attempt on behalf of the human ego to limit the risk of failure by spending buckets of time taking zero risk and delaying the day when the businessperson and the business idea will have to prove itself.

I'm hugely biased in favor of the bootstrapped business -- where little money is invested, the business is kept micro and the entrepreneur tries lots and lots of stuff.

I'd give a new business research MAYBE two nights of pouring over the internet and a few phone calls to entrepreneurs who are trying something similar. Other than that, I'm going to learn by doing and (mostly) failing.

I will give CF this: quitting your job and/or dumping money into a business is usually unwise. No need to have an entrepreneurial seizure. Work the "other workday" (from 9pm to 2am and weekends) until your business proves that it can take care of the bills, then jump ship.

Being a newbie to this illustrious forum, I hesitate to say this. . . but, I think the notions of research, business planning, raising capital (i.e. pretty much all of the conventional wisdom of entrepreneurialism,) is like rust on the soul of the entrepreneurial movement.

It repels folks who would've otherwise had a blast and made some dough. This isn't the IRS. This is the wild, wild west. Rock and roll!

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Old 18th April 2010, 10:10 PM   #20
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Quote:
Originally Posted by Logan View Post
Good post, and I think all of your points are fair to say. The advise I typically provide to others include the following themes -

1) Do something you have experience with
2) Do something you are interested in
3) Start small

Based on my experiences and working with others who have started a business, these three factors are very important when it comes to if a business will be successful. Of course, even with the above creating a successful business is not easy and does have risks. The rewards can be great on the flipside though.
Boy Logan, I certainly agree with you on "Starting Small"!!!! I can't tell you how many people start businesses with a big infrastructure without knowing if they have a business that can generate sales. When you are starting out you have to stay away from what I consider to be the four major expenses:

Rent
Payroll
Advertising
Insurance

At the beginning you must do everything you can to stay away to committing to this "big 4" until you know you can generate sales and until you know you have a business!

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