October 16th 2008 12:13 am
Own Business and Smart Money, Understanding the Risks and Rewards
Think back to a time in your life when you had to do without some aspect of the security that so many people today take for granted: comprehensive health insurance coverage, a reliable car that starts on the first try, a regular paycheck. How well were you able to deal with the situation?Did you shrug and think that if you had it before, you will have it again, or did you constantly obsess about the bad things that could happen as a result of going without?
Congratulations! You’ve just had a glimpse into the crystal ball of your future business. No matter what type of company you choose to run, or what kind of customer you’ll pursue, or even whether you plan to work out of your home, an outside office, or a retail store, chaos will be the rule of your day, never the exception. And risk will become your mantra, because you will be making all the decisions and shouldering all the responsibility, when things go right and when they don’t.
One business expert referred to running a business as legalized gambling, and he was right. Not only are you betting that you will succeed at business, but since being an entrepreneur spills over the borders into all areas of your life, you will in essence be gambling with your personal life. Right now, aren’t you just a bit unsure about how the process of starting a business and doing what you need to do to make it thrive will affect your family, friends, and your own well-being?
It’s possible to be aware of some of the risks connected with being an entrepreneur before you open your doors for the first time, but it’s also important to admit what you don’t know.
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2 Comments »
Produces Search Marketing on 16 Oct 2008 at 3:31 am #
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Impact Email Makes on 16 Oct 2008 at 4:19 am #
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