Be Alert: ..to products and services that are in demand;
……………………to your own creative thoughts of what isn’t available yet;
……………………and to business start-up costs.
A Start-up business has a better chance of success if it has low start-up costs
and low overhead. Your positive ROI (return on Investment) will be realized sooner
with a smaller investment upfront.
Why Start a Business?
(1) Excitement
(2) Rewards based on your own efforts.
(3) Enjoy a happier lifestyle in the future
(4) Materialize your dreams.
Research your ideas or chosen product? Do they have a market? How difficult
will it be to reach that market?
Be prepared for the growth of your business. Your earnings aren’t yours to enjoy
until you have reserved enough to meet your company’s needs — now and for the
next six to twelve months.
Of course YOU will do everything you can to satisfy your customers. Once you
add employees, be alert as to how they treat your customers. Creating a happy
customer requires effort. Losing a happy customer? — easy !
Now be alert to your profitability — or lack thereof. Understand (before you open a
business) how to read a profit and loss statement (P&L). If necessary, enroll in an
accounting course before you risk your money.
As you grow, be a teacher to your employees. This requires: humility; flixibility; being
straight forward; being precise and being patient.
Insure a Successful You. Invest in the book Employ Yourself Now, Enjoy Yourself
Now. As a bonus, you will receive (free) a 1/2 hour personal small business phone consul-
tation with the author (value $65.00).
.
Follow Us!
