Tuesday, May 19, 2009

MYTHS ABOUT BEING IN BUSINESS FOR YOUSELF! PART II



Myth # 4: NINE OUT OF TEN NEW BUSINESSES FAIL!
• Do 90% of businesses actually fail? According to the Small Business Administration, two thirds of new businesses survive at least two years and about half survive at least four.
• These statistics don’t take into account those people that just quite without giving themselves a chance.
• It also does not take into account those people who actually quite because they find out starting and building a business is HARD work.

Myth # 5: YOU NEED A LOT OF STUFF TO GET STARTED!
• You need a business plan, business card, stationary, office space, etc. No, No, No!
• You can work out of your home on your kitchen table. All you would really need is a computer, printer, and phone.
• Having an office outside of your home is not necessary unless you are planning to have a typical brick and mortar business. Be really careful about these types of businesses.

Myth # 6: YOU HAVE TO BE PASSIONATE ABOUT THE BUSINESS YOU CHOOSE!
• It is true that if you really like what you do, it will be easier to some extent, however, do you really need to be passionate about something in order for you to make money?
• How many people working in the real world do you think are really passionate about their work? Statistics tell us that 80-90% of people working HATE their jobs.
• What people are passionate about is being their own BOSS and having more control of their future!

Take the plunge! Be your own Boss!

Jacques
CreatingWealthThatLasts

1 comment:

Marketing Unscrambled, Home edition said...

Jacques, thank you for the good points in these two posts. What a great job you did knocking out the myths, to help people look in a different direction in what they are doing. Start small and build it up as you go, when you start making more in your part time business than you do full time that is when you change what one is full time.
Dan and Deanna "Marketing Unscrambled"