Since this is my first column in 2004, I almost kept the promise we called the New Year's decision but the few minutes we're talking about those well-intentioned
In addition, "This year, I will lose weight!" And "This year quit smoking!" And so popular "This year, I stop watching real TV!" Many One of the more common resolutions made by people at this time of the year is "This year I will start my business!"
I call it "American Dream Institute ...
It's tough. :
Small business, \
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Since this is my first column in 2004, I almost kept the promise we called the New Year's decision but the few minutes we're talking about those well-intentioned
In addition, "This year, I will lose weight!" And "This year quit smoking!" And so popular "This year, I stop watching real TV!" Many One of the more common resolutions made by people at this time of the year is "This year I will start my business!"
I call it "America's Dream Decision" and it is a declaration of intention that is often made like most New Year's decisions, but carried out mostly (at least valid
This is really what you are qualified to make before you jump off the shelves in entrepreneurial abyss in 2004, or you just lose "I lose weight this year .."
In each of the 10 points, there are "zero" answers.
1. Are you going to be micromanaging? Foolishly respond to multiple concurrent tasks for performance that requires running a business. You need to surround yourself with trusted partners and employees who will perform these tasks as yourself. If you can not give responsibility without worrying about the results, add zero to your score.
2. Are you motivated and trained self? If you do not have wherewithal to bounce off the bed daily without your spouse drenching you in cold water, chances are you are an entrepreneur Business demands treatment based solely on your own will . Sell your own phone. You need to motivate your car to visit customers. You have to do one hundred things every day that will not be done unless you do them yourself.
3. Are you afraid of a little hard work? Is it easy to start a business, right? No! People who work in many start a business. You are required to be able to summon and give every ounce of blood, sweat, tears. You need to work and call 24/7 a long time, at least initially. Just thinking of hard work gets tired, congratulations, if your zero here.
4. Do you start a strong business to endure personal relationships? The first question I ask people who told me they want to start a business: "What does your spouse think?" That you have to spend more time from family than when starting a business I can do it. Business may also put you financially strained. Closest with family support that does not return enough obstacles to
5. Can you sell? We can not ask about this triple zero and accept about the start of the customer in the business. Sell this product yourself and your company. It is surprising how many entrepreneurs hate this aspect of doing business, even if the customer is the vitality of any business. In other words, do you indulge in the thinking of a cold call asking the business to walk and talk to the owner? You can choose a phone, call on prospects, and ask for an appointment without breaking into cold sweat. If you are not familiar with the sale, you will have a very hard time in the business. Zero zero
6. Do you give up easily? One of my favorite sayings about business is: "If it's easy, everyone does it." Starting a business is a hard work and the probability for failure is the first few years It is for you. If you want to swarm in your own business, you need to be willing to fall a few times without giving up your horse. If you dust your pants and can't climb back, here's your zero.
7. Can you handle rejection? A feeling is easy to get hurt and I have no day job. On many days of business, rejections have to wait around every corner and you need to be able to handle rejections without letting it strike. You will experience rejections from customers, business partners, bankers and investors.
8. Do you interact well with others? Being a business owner means you interact daily with people from your own employees to vendors, customers and investors. You need to have the ability to manage people effectively without making them angry; accept good advice from mentors and politely make them worse
9. Do you have financial support? The main cause of business failure is the lack of money. It can support the business until the first year to capital enough for the previous business to start. A good financial plan includes a few commas and a considerable number of zero-terminated numbers.
10. Do you have experience with the type of business you plan to start? I talked about this before. If you can't find your car engine, you won't have a business buying lube n going privileges. The most successful business owners have experience in the industry where they set up stores.
Bonus questions. Have you started a business before? Former business ownership is not a prerequisite but can not be hurt. Many successful entrepreneurs have a past business skeleton that hides in their closets. Business is a lot like marriage: you will learn a lot to the first thing that may come in handy a second time around. I understand why I did not go to marriage counseling ...
Answer "Yes" every 10 points and do not do every zero point. "" Yes "If the answer exceeds" No's, "you just have what it takes to back up your new year's decisions to start your own business
If your answer is "No", it may be better to work for others.
And that brings another new year resolution that goes something like this: "This year gets along with my boss ..."
Here is your success.
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