Create a Business to Supplement Your Income

It’s no secret that we’re going through some tough economic times. Companies are downsizing, people are losing their jobs, and folks are losing their retirement savings in some cases. This has happened in a relatively short time span. Just last year, housing prices were at an all-time high, unemployment was low, and consumer confidence was high.

What a difference a year can make! Continue reading »

Motivation – Get Rid Of The Employee Mindset – Part 2

If you’re serious about starting a business, you really have to get rid of the employee mindset.

If you’re used to having a boss tell you what to do every hour of the day (and then checking your work to ensure that it meets certain standards), you could find it extremely difficult to be in the position where the success of your business relies on your decisions and your work ethic. Are you able to put forth the effort required to get your business off the ground? Continue reading »

Analysis Paralysis – Just Do it Already

One of the biggest mistakes that a new business owner can make is to start analyzing things to death and getting stuck in the planning stage . Of course you want to be sure that you’ve got all your bases covered, but how much is too much?

You can get SO bogged down with details. Believe me, I know. In the early days, it seemed that all I ever did was register one business after the other. For each business, I would set up a bookkeeping system, open a business bank account, and send my order to the printer for my business cards, letterhead, and envelopes. Continue reading »

Anyone Can Start And Run a Business

Can an average person run a successful business?

That really is the million dollar question, isn’t it? I’m sure that many individuals with dreams of business ownership are stopped abruptly by their own negative thinking and this question, in particular.

Perhaps the question ought to be: What qualifications do you need to start a business?

Honestly, it depends on what you plan on doing. If your goal is to eventually incorporate and massively scale your business to include employees, a commercial location, and the whole nine yards, then I would say, yes, you should have some formal business training. After all, most CEO’s have a formal business background (but not all). Continue reading »

Part-time Business Success

I would venture to guess that most “employees” have thought about running their own business at some point in their corporate career. I really have to applaud those that take the initiative and make something happen. It shows that they also know how to walk the walk and are willing to step out, just a little and take action towards a better life – whether that means more money, time, freedom, or a combination of all three. Continue reading »

Wage-Slaves Have Dreams Too

So what’s the preoccupation with starting a business?

I suppose that I’ve always craved the freedom that business ownership can bring. Even though I spent over 18 years in the corporate environment, I never stopped thinking about what it would be like to, someday, break those shackles and start charting my own course. Continue reading »