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Why Did You Decide On This Business

Written by: Bill Gschwind

Article Overview: Most new business owners start their business to do what it is the business does. Successful business owners start businesses that will give them the lifestyle they want. Which one are you?

Why Did You Decide On This Business

The majority of my clients tell me they started their business because it is what they know, or liked, or were somehow interested in. In many cases, they were employees plying their trade and thought that starting their own shop would enable them to earn the BIG bucks being earned by their boss.

I do a lot of remodeling on my house. One of the last tasks in the project is installing the finish trim around doors and windows. I can do this. I have a sweet compound mitre saw, an airless trim nailer, and a tape measure. When I'm done, the project looks pretty good.
But I'm not a finish carpenter. Not by a long shot.

How many of you began your search for a business to own by asking yourself what business ownership would mean to you? Did you ask which business would enable you to manage financials, deal with HR issues, write marketing plans, address cash flow issues? Did you look to work/life balance and ask if this business would give it to you?

It's never too late to ask whether the business you are in has the ability to give you the life you expected when you decided to be a business owner. If the answer is yes, then put the plan in place to make it happen. If you answer NO, then suck it up and move on to something else. The mistake isn't trying things. It's continuing down a road you know won't take you to your destination.

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Article Tags: boss, business owner, business ownership, cash flow issues, compound mitre, doors and windows, finish carpenter, hr issues, life balance, marketing plans, mistake, tape measure
Referred by: http://www.processspecialist.com/



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My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Where to focus your time? - I would agree with Evan here that focus is important. Unfortunately what happens especially to internet entrepreneurs is that they tend to get easily sidetracked and there is so much on the internet to feed this tendency that one needs to be particularly vigilant about avoiding it. Decide what is most important to work on first for your business and focus on that until you achieve what your goal is before moving on. MichelleJ
Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
Re: What to do at the first roadblock? - Upon first discouragement, dig in and see if things are as they seem. Sometimes, even though there are several products out there that appear comparable, they are no match. Maybe they do don't a good job of what they are intended for, or maybe there are several glitches in their system, or perhaps their customer service just plain stinks. Decide how you can "one up" all of these things and decide that you are going to create a better product that more people would want. Attitude is 95% of the battle. If you feel defeated before you've done any research on any of the other products, you're doing yourself a huge disservice. Give yourself a chance and see if you can be the BEST in every way. This will get you far no matter what the venture.
Re: HOw to market a B2B consulting company - [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi] B2B = Business to Business - You are marketing to other businesses. B2C = Business to Consumer - You are marketing to consumers.


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