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Further
Reading ...
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The Real Estate Disputes And Partition - Mark Walters
What if two people pooled their resources and began investing in real estate. Like many partnerships things progress smoothly for a while and then a dispute arises. Now they seldom can stand to talk to one another and then only through clenched...
Why Your Business Could Fail And How To Prevent It From Happening - Jim Davis and Larry Dotson
I have heard many former business owners give many reasons why their business failed. They have said it's because the market was slow, their suppliers raised prices on them, too much competition, etc. It's usually because they didn't have enough...
Appreciate to Motivate - Ed Sykes
Appreciate to Motivate (Five Keys to Successful Team Building) Ed Sykes Mary Kay Ash, founder of Mary Kay Cosmetics, since said, "There are two things people want more than sex and money...recognition and praise." Time and time again the one...
Structure + Boundaries = Freedom - Joanne Victoria
Article Title: Structure + Boundaries = Freedom Author Name: Joanne Victoria Contact E-mail Address: joanne@joannevictoria.com Word Count: 630, including signature box Category: Personal Development Copyright Date: 2002-2004 ~~~~~~~~~~~~~~~...
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Home Biz Pop Quiz
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Written By:
BB Lee
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Are you serious about starting or managing your own home based business?
Consider this: most successful business owners exhibit very similar traits which helped pave the way to their success.
Think of any successful business leader you admire. What characteristics do they exhibit?
Are they ruthless, focused, self assured, dynamic, real go getters, highly motivated, intelligent, very organized, have a unique vision, very detailed oriented, very aggressive, people oriented, loners, self-starters, good business sense, well educated, hard workers.
Are any of these character traits part of your personality!
Take this quiz now to see how you measure up!
Answer True or False to the following questions.
1. I've personal experience in the business I wish to start.
2. I am very organized.
3. I always sweat the details.
4. I know how to price my product to sell plus make a profit.
5. I am highly motivated to be successful.
6. I enjoy this type of work. I'd even do it for free.
7. My family supports my business idea.
8. I have enough money saved to see me through the first few years.
9. Every home based biz venture needs a business plan.
10. I am willing to work alone for long periods.
11. I'm in good enough health to endure long hours.
12. I've researched my targeted market.
13. People consider me a ball of energy!
14. I enjoy planning and then carrying out the plan.
15. I have a mentor or a friend who I query for advice.
16. I've discovered a niche inside this business market.
- continued below ...
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continued ...
17. I accept working long hours with little or no compensation.
18. I have enough space in my home to operate a business.
19. I know zoning and licensing laws in my community and how they might affect my business.
20. I am aware of business legal structures. (sole proprietorship, corporations, etc.,).
21. I know how to maintain business records.
22. I know what insurance coverage, if any, my business must maintain.
23. I am aware of what equipment/supplies I will need and the cost.
24. I have a pay schedule set to compensate myself for all my work.
25. Being in control and responsible for my own business sounds great to me.
Well...no big surprise here! All the answers to the questions were True! If you answered True to most of the questions then you have a reasonably good chance to be a success considering all other factors, such as time, money, motivation, effort. If you answered "False" to any of the questions, this is a warning sign that this area needs to be studied closely to see what means needs to be implemented to strengthen this vital area. This could be easily accomplished through self study, extensive reading, research online, workshops, returning to school, getting good business advice from a professional in the field.
by BB Lee (C)2004
BB Lee is Editor of SmallBizBits News.
Your Online Home Based Business Resource.
Visit: http://www.smallbizbitsnews.com
For more practical home based business advice.
smallbizbits@yahoo.com
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| _Additional Resources ... |
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Swapping Marbles: How to Get a Top-Notch Site Without Paying a Dime - Stefene Russell
My father is a lawyer, and a good number of his clients are plumbers, plasterers and car mechanics. When they get in trouble, they call my father, because they know that he will rescue them in their hour of need-and they won't have to pony up their...
What is a Guru? - Robert J Farey
A guru is a teacher. On the internet a guru is someone who has a lot of experience and has made the grade, ie. He/She has set up a business that is financially successful and is willing to share the experience with anyone who is interested. Are you...
Your Online Business Budget - Jude Wright
Have you set up a budget for your online business yet? You do need one, you know. Budgeting for your business will help keep your expenses within reason, and tell you if you are making financial progress. How do you create a business budget?...
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