Republished by Asep Setiabudi.
Millions of people dream of being successful and wealthy by working for themselves. Starting a business is the best way to become successful and financially independent. It provides personal fulfillment as well as financial rewards. However many never realize the dream of business ownership due to the challenge, risks and the level of financial and personal commitment required.
Increasing numbers of people are making the step into business ownership due to the dynamic opportunities that are being created in so many different areas. The playing field is being leveled and there is no better time than now to start your business and become your own boss.
These five questions provide a clear realistic picture of what it takes to become your own boss. Getting started right requires a high level of personal honesty and focus. Success in business requires individual responsibility and a realistic approach. If you are serious about becoming your own boss consider these questions.
1. Can you develop a marketable service or product that captures your passion? Doing something you love provides automatic freedom because it is not work or a job when you engage in it. Doing what you love eliminates stress, work and monotony. Finding a business of passion that has solid profitability can make becoming an boss exciting and realistic.
2. Can this business be structured to compliment and develop a suitable lifestyle? The business should have the potential to provide time and revenues to pursue your personal interests and accomplish your goals.
3. Are start up costs at a reasonable and manageable level? the first step in business is the investment. A dream does not build a business and expenses can not be overlooked.
4. Am I willing to take a risk? There is risks in starting a business. The key to a successful business is disciplined and controlled spending.
5. Does my business venture have growth potential? A business with no growth is a hobby. The success of a business requires profits and the ability to expand.
Millions of people dream of being successful and wealthy by working for themselves. Starting a business is the best way to become successful and financially independent. It provides personal fulfillment as well as financial rewards. However many never realize the dream of business ownership due to the challenge, risks and the level of financial and personal commitment required.
Increasing numbers of people are making the step into business ownership due to the dynamic opportunities that are being created in so many different areas. The playing field is being leveled and there is no better time than now to start your business and become your own boss.
These five questions provide a clear realistic picture of what it takes to become your own boss. Getting started right requires a high level of personal honesty and focus. Success in business requires individual responsibility and a realistic approach. If you are serious about becoming your own boss consider these questions.
1. Can you develop a marketable service or product that captures your passion? Doing something you love provides automatic freedom because it is not work or a job when you engage in it. Doing what you love eliminates stress, work and monotony. Finding a business of passion that has solid profitability can make becoming an boss exciting and realistic.
2. Can this business be structured to compliment and develop a suitable lifestyle? The business should have the potential to provide time and revenues to pursue your personal interests and accomplish your goals.
3. Are start up costs at a reasonable and manageable level? the first step in business is the investment. A dream does not build a business and expenses can not be overlooked.
4. Am I willing to take a risk? There is risks in starting a business. The key to a successful business is disciplined and controlled spending.
5. Does my business venture have growth potential? A business with no growth is a hobby. The success of a business requires profits and the ability to expand.
Harold is a passionate and skilled multipreneur committed to simplifying success strategies for the beginner and the inexperienced marketer.
