We need facts and not myths when thinking about starting our own business. Too many people are scared off buy these myths. Over the next few days, I will be discussing these. Let’s get started!
Myth # 1: YOU NEED A LOT OF MONEY TO START!
• According to a recent article in INC. magazine, the average start up cost of most of the new successful companies recently started was $25,000. Many where under $5,000. A business started by a woman for $3,000 was eventually sold for 1 BILLION!.
Myth # 2: YOU NEED TO HAVE EXPERIENCE!
• This is true to some extent. If you have no prior experience in a particular field, you will need some type of guideposts along the way. However, with the birth of network marketing companies and numerous companies offering training on the Internet, it is possible to obtain mentorship and loads of information geared to starting any type of business that you choose.
• You only need the willingness to learn and the ability to be a good student.
• The government is also a good source of free training through the Small Business Administration.
• There are also numerous volunteer organizations staffed by veteran entrepreneurs whose experience you can tap.
Myth # 3: YOU NEED A LOT OF TIME!
• People will tell you you’re too busy! Who isn’t busy these days?
• The truth is you can get started part time at 2-3 hours per day initially. If you commit 2 hours per day that’s 60 hours per month-720 hrs per year. That’s equal to 30 full days per year.
• Where do you find the two hours per day? STOP WATCHING TV!
More to come!
Jacques
CreatingWealthThatLasts
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