starting a new business
By bukolalola
@bukolalola (71)
Nigeria
2 responses
@jillbeth (2705)
• United States
7 Mar 08
It's great that you want to start your own business, but don't let yourself be fooled into thinking you will have all kinds of free time! Starting a business requires even more hours than a regular job. Of course, you can set your own schedule and take time off when you really need to, but it takes a lot of work and determination to build a successful business. Most of the money you make will be sunk back into the business as it gets off the ground, also.
@Juduka (118)
• Finland
30 Jun 08
Starting a business can take quite a lot of time. But running a business can easily be done in a matter of minutes. Owning your own business puts you in charge.
What you need to do is work the math.
If you wanna run a restaurant, you won't get free time "saving" your money working a full shift every week on top of doing accounting, orders, etc.
Outsource, outsource and outsource.
There are many ways to being an entrepreneur and having a business. 38% of Americans run a home-business. I've never liked that term. Although I don't have a office, I don't work at home, and I have literally zero overhead.
So work smart.
@lovelyvelle (639)
•
5 Dec 08
I wanted to start my own business as well, but I don't have the idea what to do yet and what to sell. I had my own convenience store before but I abandoned it since I was thinking that working abroad might earn more and I could save enough to stop working and establish my own business. Until now I am trying to find out what would be the best business or a business that would guarantee a profit. What business are you establishing now?