Forums: Discussions for entrepreneurs and small business.

You must always be ready to follow your heart. Having been in similar circumstances before, I know for sure that once you hate a job, you will either leave or have to leave. This is only a function of time.

When you still have time you must build your future nest. Find time to establish and build your business before armageddon. When you are sure that you can pay your bills on this, drop the full time job like a hot potato and concentrate all your efforts on making your new venture successful and sustainable. Never quit your job before you have a soft landing.

You have not indicated the kind of business you would like to get into. There are many opportunities out there that we would be honored to go over with you.

Please use the information below to discuss further.

What about applying for a business loan?  Finding one with a good intrest rate just to get you covered for the first few months seems like a good idea to me.  Or, if you can, over the next year simply save enough to pay rent and bills for a certain amount of time (3 months or so) so that you have a specific timeline to hit to be making the kind of money you can live off of. 

I understand what everyone is talking about when they say to stay at your full time job until you start making revenue, and I agree that starting with that is a great idea - but a lot of businesses can't truely get off the ground until you can devote full time hours to it - so go for it but do it smartly.  Figure out how much money you'll need to make each month to survive, and figure out exactly how you're going to do that before you quit.

Either way, have some fun!

Self Employment is hard but it can be the most rewarding. You are responsible to yourself in getting the business going so study every move.  You do not want to be a statistic.

First and most important remember that you are running the business. What the business does is secondary. If you don't run the business you will soon fail.  Many people who lose their jobs, open a business so that they continue their jobs. It doesn't work that way.

Second, only buy what you can't rent, lease or borrow. You need to preserve cash flow and paying cash for a piece of equipment or using a credit card will quickly put you behind the 8 ball.

Third, only hire an employee or sub contractor when you know exactly what it is they are going to do for you.  To many of us hire people without knowing if we have the work to keep them busy.

Forth, keep your day job. The pay is good but the benefits such as medical insurance is very important.

Fifth, be careful with your marketing budget.  You will be bombarded for your advertising dollar.

Finally talk with people who are in your field. And have already done what you are looking to do.  Ask them the hard questions. They will answer you honestly, (in my experience), and you can use that information to run your business.

Good luck, it is a fabulous ride

Mike Crosa, Distributor

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It can be really hard at first when you are first starting out to build a business. Let your haters be your motivators. In other words let the negative or hateful people that hate you or hate what you do become the ones to keep you going in spite of what they say. Take what they say that’s negative & use it as motivation. Turn a negative into a positive. When you know and understand that everything in life isn’t peaches n’ cream (everything isn’t going to be great) you just have to take the good with the bad. Know and understand that you will have hard times and people that dislike what you do or how you think. As long as it’s something positive and you aren’t harming anyone then go for it. You never know what your dreams, hopes and career for the future will be like until you try.

Being a business owner isn’t for everyone but you won’t know until you try it. Don’t just up and quit your day job today. It takes money to make money. You need financial support for your business.  So keep your job until you can develop a steady income from your business. Make sure that things are stable in your business & things are going great before you quit a job.

Many times people need support when they start out in a business and when they are maintaining a business. So find you the business support services that you need to help you manage your business or projects. Find a supportive network such as other friends and/ or family members or networking groups to help give you confidence and motivation. If you don’t have any supportive family members or friends then just continue on with your business plans but don’t let them know that you are doing this. Keep your business plans a secret from the ones who just don’t understand, who are negative or nasty (your haters) until your business becomes a success. Everyone isn’t going to support you but you have to do for you. Sometimes you just have to go at it alone.

Start slow take it one day at a time. Do lots and lots of planning, thinking and research. You need to do strategic thinking, strategic planning, research, business planning, marketing planning, operational planning. You need support to help you manage your business or projects such as a business management support company.  Start your business on a part-time basis, work on your business on weekends at night, vacation days, holidays etc… Just whenever you have time.

The first 5 yrs of a business are very crucial & highly important. So your new business really needs your time, dedication & attention in the first 5 yrs & beyond. So you really have to make time for that and keep things on track. Don’t give up hope find supportive networking or social groups. I wish you much success.

~Clerical Business Solutions Co.:

An administrative business management support company & small business strategic planner. Providing you with the business management support services that you need in your business or projects from startup through daily management. Contact Clerical Business Solutions Today!

First, do you homework. Creating a business plan is like having a blue print.

Second, fill your mind with SUCCESS books - audios etc. Do it daily

If you are a person of faith, speak to your pastor. Helps to have someone praying for you when you are "having a moment."

Fourth, start mingling with other entrepreneurs. Create a mastermind group (3 or more is good). They don't have to be in your industry - but helps to discuss challenges along the way with others of like mind (preferably optimists).

Continue to attend forums like this with others who are doing the same.

You don't have to do it all at once. You can start part time (evenings and weekends til it takes off and you're creating revenue).

or

You can take on free lance gigs along the way. Such as FreeLancer.com Register free and see what bites if you like.  Work when you like. Supplement your dream and keep going.

Friends and family mean well. They just don't share your vision. That's ok. Just don't spend to much time discussing your dream or they may douse the fire. We wouldn't want to miss out on the NEXT BIG THING. It could be you!

Good Luck! Good Luck! and Good Luck!