beverlyslis.com beverlyslis.com
Main Page >> About Us >> Add Your Link >> Privacy of Info >> Terms & Conditions >> Add Your Article
Search:   
Add Url
 

Investment & Finance

Property & Agents

Self Help

Children

Lifestyle & Fashion

Food & Recipe

Automotive

News & Media

Health & Hygiene

Travel & Vacation

Politics & Government

Society & Issues

Healthcare & Medicine

Science & Research

Sports

Online & Indoor Games

Internet & Computers

Culture & Art

Music & Entertainment

Careers & Employment

Garden & Home

Education & Reference

Companies & Business

Shopping & Auction

 

Main Page » Careers & Employment » Entrepreneur & Business Enterprises
 

Self Employment: The Hardest Way to Make Easy Money

 
Author: Karyn Greenstreet
 

I heard this comment at a National Speaker's Association meeting last month: "Being your own boss is the hardest way to make easy money." Boy, isn't that the truth!

So many people I speak with dream of becoming self employed and starting their own small business. Don't get me wrong: being self employed is the best lifestyle I know. It has a huge range of rewards, from flexibility to independence to self-responsibility. I'm completely in love with being self employed and wouldn't exchange it for a corporate job for a million dollars! (Okay, truthfully, if you want to offer me a million dollars a year in salary, I'm willing to entertain a discussion.)

But it is hard work, plain and simple. After carefully studying and working with people who start their own businesses, my best estimate is that it takes at least a year to make a serious profit, and often it's more like two years. I have yet to see a "quick fix" for small business marketing that will land a lot of cash in your pocket in 30 days. If your business structure and administrative process are not firmly in place, you'll crash and burn eventually. If your business strategy and plan are not fine-tuned, you'll spend an extraordinary amount of time running in circles trying to find the right customer and the right product or service to sell them.

So why do people look for (and purchase) products and services that promise a quick fix to their ailing small business? In the question lays the answer: they want a quick fix to the pain. Don't we all?

Running your own small business is a marathon, not a sprint. Stop trying to sprint your way to your first million without a firm foundation under you. Remember, marathoners train all year long for just one marathon; they don't wait until the month before to begin preparing.

Things to consider:

1. Make sure you have the personality to be self employed.

2. Make sure you have enough money to finance your dreams, and a good financial plan that tells you when you'll actually start making a profit.

3. Invest money and time in sound, effective marketing strategies and do them every month, rain or shine.

4. Have a written business plan and a business strategy, even if it's only three pages long.

5. Test your marketing ideas, your product ideas and your service ideas to make sure you've got everything on target.

And finally, have a marathoner's attitude: the finish line does exist, just over the next hill. Believe that you will make it to the finish line, as long as you keep putting one foot in front of the other and maintain a positive attitude.

 
 
 

Related Articles

 
Get Yourself Ready to Impress During a Phone Interview
 
How Entrepreneurs Succeed - The 5 Qualities Needed For Business Success
 
How To Become An Entrepreneur - Fast Easy Money
 
How About a Heads Up?
 
Starting an IT Consulting Business: Establishing Partnerships
 
If They Would Only Do It My Way
 
Careers Working in Government
 
4 Easy Ways To Start Promoting Your Business
 
Traveling for An Interview? 10 Tips to Get You From Here to There
 
CHINESE TAKE-OUT: Oriental Business Principles Demystified For Online Enterprises
 
 
 
 
 

Top Home Business Mistakes: Don't Make 'Em

Running a home business can be a great thing for owner. Running a successful home business provides ... - Chris Monato
 

Could You Write Performance Reviews For Money?

Writing reviews is a little more complicated than just telling what you thought of the show. Could y ... - Niall Cinneide
 

Good Habits For Success At The Entry Level

Just starting your career? This article gives you tips for success at the entry level so you can qui ... - Tony Jacowski
 
 

Eliminate Misunderstandings -- Outcome-Based Conversations Save The Day

Mary, an executive vice president of a large company, was frustrated. She had big plans for her divi ... - Kathy Gillen
 

Choose Your Job Options With Care

Want to be an astronaut or a baker or a carpenter? Perhaps you'd prefer to be a chef or a pilot or a ... - Peter Fisher
 
 
Main Page >> Privacy of Info >> Terms & Conditions
© 2006-2008 www.beverlyslist.com All Rights Reserved Worldwide.