Small Business Start Up is: You want to be your own boss

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  1. profile image49
    raisingcapitalposted 10 years ago

    You need to have a plan and find the tools to start up. With the days of “having a job for life” firmly behind us now, the online environment is helping to transform initial thoughts of business start up in to a more realistic goal which an ever increasing population can attain.

    1. somebody knows 44 profile image60
      somebody knows 44posted 10 years agoin reply to this

      Business startups can utilize the internet, however unless the business is and internet business, it is still necessary to work the old fashioned way. As I tell most of my clients having a web presence is important, however it is only a small part of marketing the business.

      Small buinesses must be prepared to market face to face and realize what is necessary in their market to become successful.

      Today many people are involved in ebay and other web based businesses, but what about the rest of the small businesses out there, they must still follow the rules of business.

  2. packerpack profile image60
    packerpackposted 10 years ago

    Read the following Hub already in place … r-own-boss … r-Own-Boss … b-For-Life

    There are many more, just search for Hubs with the keyword "be your own boss"

  3. The Phil profile image60
    The Philposted 10 years ago

    The biggest hurdle with an online business is that there is no up-front, in-your-face clientele. There is also the "Make my own schedule" and other self motivation techniques involved. As most people who make the transition from typical 9-5 workplace environment with a boss, you are not really used to the push-yourself mentality. So, in short, there will be ways to make money online and with the right determination you will be successful. The planning and foresight are the most important ingredients.

    1. ChristineComaford profile image38
      ChristineComafordposted 10 years agoin reply to this

      I agree that making plans A, B, and C really helps... Creating a plan may be hard but there is a way to go faster through the help of people who have been through where you want to go. Mentoring can help in many ways.

      For those who are interested in start up or expanding their business. A workshop I am currently holding may be able to help. You can check out my hub for the link and video.

      Hope this helps

  4. ShortSalesMVP profile image60
    ShortSalesMVPposted 10 years ago

    You certainly need a marketing and business plan, also make sure you are going into business in something you are passionate about, you do not want to start a business then get tired of doing it 6 months down the road, make sure to check or create something u can give for free online so you can build your customer base.

  5. ChristineComaford profile image38
    ChristineComafordposted 10 years ago

    One thing we know about starting a business – the start-up expenses can feel never ending.  Like most “roadblocks” however, this is not the truth.  There IS a limit to your start-up fees – but don’t forget to include them ALL when your fundraising.  One strategy for success is to keep your employee salaries to a minimum by hiring performance-based salespeople and offering stock in your company, where appropriate.  This will help you to have employees who are tied to, and invested in, your company’s success.

    Here’s a list of startup expenses.  Be sure to calculate an initial investment of AT LEAST four months when you’re fundraising to give you some breathing room to get off the ground.  (You can copy this list to an excel sheet to make your life super easy!)

    To your continued success, Christine Comaford
    Biz Accelerator and CEO of Mighty Ventures, Inc.
    NY Times Best Selling Author

    Estimating Your Start-up Investment

    Monthly Costs
    Your Salary
    Other Salaries
    Rent / Mortgage
    Advertising / Marketing / Social Networking Fees
    Delivery and Warehousing
    Cell Phones
    Other Utilities
    Liability Insurance
    Medical Insurance
    Income Taxes, Including Social Security
    Legal and Accounting Fees
    IT Expenses

    One-Time Costs
    Equipment and Software
    Furniture and Fixtures
    Utility Deposits
    Legal and Accounting Retainers
    Incorporation Fees
    Cash on Hand

  6. Raven King profile image61
    Raven Kingposted 10 years ago

    Nice thread. smile

  7. Lady_E profile image69
    Lady_Eposted 10 years ago

    I would just like to use this opportunity to inform any one living in London, UK that there is a free business Seminar in Excel London on 28 and 29 May.

    Those who want to start new businesses or those who have existing ones that need help should find this seminar helpful.

    check or visit Excel Website.

    Tickets are free.


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