ANSWERS: 10
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Go for it if you have the salt. You will never get rich working for someone else. They keep all the money for themselves, you do all the work. Be prepared for long hours. The next step, after your business is established is to hire someone else to run it for you. You know, switch places with the guy you work for now. Thats the ticket. You just sit back and count your money.
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Make a plan but dont try to plan for every possible obstacle or you will plan yourself out of trying. You will put in long hours. You will worry. These things you cannot avoid. Pick a direction that you want your business to go but be flexible. See where it takes you. Stay on top of it. A business never runs itself and no other person will run it like you would. Your reward for your long hours of work and worry will be a feeling of accomplishment like no other.
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Making alot of money is not the key to happiness. Make what you need and then a little for the future. Start a business that you enjoy doing. Make it something that you would do if you were not working. If you want to be rich then plan on working like crazy and that's it. The richest people that I know are the most miserable.
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the facts are 90% of businesses started fail within (1) year. From that another 50% fail in (5) years. If you can survive the first 5 long hard years, you have half a chance of making it go. It is No bowl of cherries!!! You can make it if you are willing to give it your all. The business will be your life, no bones about it. After the 5 years of sacrifice, you will start to feel more comfortable with what you are doing and things will seem to become easier. Choose wisely what you want to go into, check the market and make sure it is not overrun with competition. It's best if you can create you own Niche', or go into a business where there is a high demand. Suvey your area, find out what's in need.
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Good idea,and I have done the same.Find a product or service that is in need or is popular in your area.Do some research and market research.Pick a catchy business name,register it,create a web page(if needed). Print business cards and go to prospective customers.Once you get going it could be fun.
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Yes, I finally left the corporate rat race in 1985, after nearly 20 years at a major British credit card company. I'd grown weary of working with people I didn't like and/or respect (not everybody, of course, but the corporate mindset was pretty much all-pervasive). I resigned, anyway, moved to the US, remarried, and my wife and I did take a while to find our feet doing our own thing, but now we run a pet health business on the Internet, selling natural, herbal products (we don't believe in chemicals or prescription drugs), with a particular focus on Canine Parvovirus. It's hard work (we offer 24 x 7 customer support, which gets to be tiring), and I probably work longer hours than I ever did at my last company, but it's much more rewarding saving animals from such a horrific virus as Parvo than making corporate shareholders even wealthier than they already are. We work from home (my settee is my office), so no commute to work, no boring, interminable meetings, no having to work with / for idiots, nobody telling you what you should do, etc., etc. We did have to live off savings for a while, but now our business is beginning to grow, our name seems to be getting out there (as we now have a ton of knowledge about treating Parvo), and I don't doubt for one minute that it's all been worth it. So, my advice is to go for it. If you stay where you are, you'll get more and more bitter about having to work in that sort of company (and don't even think about moving to another one, as I'm pretty convinced they are all much the same), and if you don't do it, you'll definitely regret it later in life, always wondering what might have been. It probably won't be easy, you'll more than likely have to put in long hours to get it off the ground, but the rewards of working for yourself, doing what you want to do, far outweigh any negatives, in my opinion. Good luck!
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In order to succeeed, you need something different. You need to develop new kind of service or product, or a new way to bring about an already developed service or product. Starting a business on your own, you won't be able to offer products at a lower price, unless you don't want any profit. You also need savvy, "guts", negotiation skills, and steadfast dedication. But good luck.
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i thnk you shouldgo for it. go to a bookstore and get htis book called "what color is your parachute"? it has a lot of tricks and tips. go forit!
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you are to be commended and i wish you the best of luck in your ventures and may they be of the utmost helpful variety... make sure it is stable before quiting whether it is in planning or effect and leave in good standing so you have a chance of returning if things go sour... good luck☺
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This is the best decision you will ever make. Good job, you've taken step one: having the courage to know what you want and to do this. However, do you have any idea of what your business is going to be? Of what your passion is? Because I can tell you from experience that if this is only about the money, you will fail and still hate your life. I read somewhere that what gets you through the first year, and then the rest of your life, is what is called a "true north"--something that nobody can ever take away from you and will reassure you. It can be the fact that you've chosen to be this lone wolf, or maybe it's your bottle-cap collection. I don't know what yours is. But consistently think about it. Also, action inspires more action. It's ALWAYS a lie and a delusion to think that you must sit around and wait for some sort of inspiration. Just start acting and doing what you love, and the rest will come.
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