I think it is necessary to pay the bills and fulfill your family obligations but should we be slave to other and make money for them ? Why can’t we work for ourselves and make the same money for ourselves.
Do you crave to have your own business or you feel comfortable working for someone else ?
Re: 9 to 5 rut, is it really necessary ?
Do you think every body could be a great entrepreneur ?
The real problem is that most people would despair at losing the wealth they had spent their lives creating. But the art is keep hatching money-making schemes ..
One should have the drive and energy with loads of self-confidence , tolerance of ambiguity with low fear of failure and he /should take moderate risk with clear goal in mind ..
The best way is to start things on a shoestring, start out with an idea, try to test the market for it as cheaply as possible.
If you create the right product, you can make it work. As I say there is always a niche in market .. you just need to find it .
Do you think every body could be a great entrepreneur ? .
you don't have to be the greatest to earn half decent living.
Yes mirch I want to work for my self, I have tried it in the past.
Now its a long shot but I will eventually do that.
you don't have to be the greatest to earn half decent living.
.
Matey.... In my thinking its all about coming up with a great business idea like Tom Hartley jnr, just 18 and already worth five million thanks to a luxury car business.
If some is satisfied with half of a decent living .. he should better keep doing this 9 to 5 practice with 4 weeks paid holidays …
Matey.... In my thinking its all about coming up with a great business idea like Tom Hartley jnr, just 18 and already worth five million thanks to a luxury car business.
If some is satisfied with half of a decent living .. he should better keep doing this 9 to 5 practice with 4 weeks paid holidays …
dude stop day dreaming!!!!!
none of BIG shot thought they were going to be so big!!!!
I have this neither did they read fortune 500 magazines to follow other ppl success stories.
dude stop day dreaming!!!!! none of BIG shot thought they were going to be so big!!!! I have this neither did they read fortune 500 magazines to follow other ppl success stories.
It aint a day dream … am speaking from couple of my personal experiences
Anyway the route aint easy …. You know what , it took James Dyson 5,127 prototypes and five years hard graft before he came up with the bagless vacuum
Ya should give yrself another try :D
It aint a day dream … am speaking from couple of my personal experiences
Anyway the route aint easy …. You know what , it took James Dyson 5,127 prototypes and five years hard graft before he came up with the bagless vacuum
Ya should give yrself another try :D
I failed because last time ?I did what i didn't love doing.
This time I am goin to do some thing else. Some thing I like.
Thanks man
ps: look at my signature below(english)
I failed because last time ?I did what i didn't love doing. This time I am goin to do some thing else. Some thing I like. Thanks man
ps: look at my signature below(english)
One of our projects ( which was a telecom company ) failed as we didn’t read the our competitors right ..
Hardly any SWOT was done ..
We did make some money in start … because of our location mainly …
But we missed the boat when we didn’t realize that its about time we should get merged with one of the bigger companies then us ..
Its all about taking the right decisions on right time .. innit ?
You mistook my thread , it is not how to be an entrepreneur and how to start your own business. It is about the dreamers who want to work for themselves. It is not necessary that you be a millionaire in the end. What is wrong about owing a car repair shop and raise your family on its income. If someone wants to come up with next big idea and hit it big nothing wrong with that either.
I have done so in the past too and still working on some things as well as working for someone to pay the bills.
It aint a day dream … am speaking from couple of my personal experiences
Anyway the route aint easy …. You know what , it took James Dyson 5,127 prototypes and five years hard graft before he came up with the bagless vacuum
Ya should give yrself another try :D
That is the spirit.
Try , try again.
It took Walt Disney 7 bankruptcies before he made it big, that too not overnight.
There is no dearth of original ideas, success is combination of many things.
1. Fate/Qismat
2. To be at the right place at the right time.
3. Hard work.
etc etc
I think it is necessary to pay the bills and fulfill your family obligations but should we be slave to other and make money for them ? Why can't we work for ourselves and make the same money for ourselves. Do you crave to have your own business or you feel comfortable working for someone else ?
in this own business, how does it compare in terms of total compensation, hours worked, and security to a job.
I mean entrepraueners who really are self employed have to put in hours as well, and have challenges of dealing with market, competition, economy.
If the motive is to just not work 9-5 then starting a business may not be the way to go.
in this own business, how does it compare in terms of total compensation, hours worked, and security to a job.
I mean entrepraueners who really are self employed have to put in hours as well, and have challenges of dealing with market, competition, economy.
If the motive is to just not work 9-5 then starting a business may not be the way to go.
During the gestation period of a business it is true that you might have to put more hours than 9-5 then it is back to normal. If you are self employed you have the satisfaction of knowing that whatever you do is for yourself , you are not working hard for someone else to make them richer.
Once your business matures market, competition, economy are your worry but not a big concern to give you ulcers, if you are working for someone and if you have to meet certain targets ultimately you end up with ulcers.
All of this may or may not be true in certain cases. In business there are no generalizations, also.
During the gestation period of a business it is true that you might have to put more hours than 9-5 then it is back to normal. If you are self employed you have the satisfaction of knowing that whatever you do is for yourself , you are not working hard for someone else to make them richer. Once your business matures market, competition, economy are your worry but not a big concern to give you ulcers, if you are working for someone and if you have to meet certain targets ultimately you end up with ulcers. All of this may or may not be true in certain cases. In business there are no generalizations, also.
well it then depends on what you call the gestation period, vast majority of businesses are not wildly successful in 6 months. and when you are self employed you still have others you can be making rich, from VC/investors to suppliers.
when a business matures the economy is not a factor? have you read stats on how many small-med size businesses fail? maturity of a business does not mean you dont have to deal with market changes, economic factors. how many small consulting companies closed in early 2000s? how many tech contracting shops shut doors when outsourcing came in and changed the game.
I mean I am all for having your own business, but ulcers with a bad company mean I can leave and go somewhere else, ulcers with a struggling or failing business can have huge consequences especially if it is not set up as a corporation.
with such things its not all motherhood and apple pie, there are stark realities that one must know before taking the plunge.