New Page 1

 


 

New Page 1

Work at Home Job Search       Find The Perfect Home Business! Free Match Up Service

 

150 Direct Sales Home Party Plans

Got a Blog? List it Free!

Free Fax Covers

 HOME BUSINESS STEP-BY-STEP GUIDES  ||  WORK AT HOME IDEAS  ||  BIZ OPPS  ||   ARTICLES  ||  CLASSIFIEDS   ||  MESSAGE BOARDS

WAHM Directory  ||  Promote Your Business ||  Links  ||  Freebies  ||  Kid Stuff  ||  Recipes  ||  Work at Home Blog  ||  Contact  ||  Advertise

  TOP 20 WORK AT HOME JOBS IN YOUR CITY  ||  WORK AT HOME JOB SEARCH  ||  OUR SITES  ||  PRINTABLES   ||  BIZ TOOLS   ||  ABOUT 

New Page 1

Blog Reads!

Subscribe to Our Work at Home Blog for the Latest Tips & Work at Home Ideas
Click to Subscribe to Our Blog Updates

Ever heard of Vindale? Get paid to give your opinion!  

 

Partners

Free Fonts
to Download! 
Perfect for your website, school, church, crafting, print or scrapbooking.
Download Fonts Here

 

 

Work At Home Opps
 Write for Discussion Boards: $1200 per week... Find thousands of freelance jobs like these for just $7.00
Want To Know How To Make $1000 - $2000 Using Only A Blog? Click Here!
 
How to Start a Personalized Candy Wrapper Business
Make Money with Your Blog/Website Showing Banner Ads
Free Sign Up!
 


 

Home > How to Choose a Home Based Business > The Truth and Lies of Owning Your Own Business 

The Truth and Lies of Owning Your Own Business

While the trend continues to rise with millions on the entrepreneur playing field, more and more people find themselves contemplating whether starting a business is right for them.

Initially there is the draw to the "romance" and excitement of carving out your own niche and creating a place of your own in the business world. But after a while, reality sinks in and this great plan can slowly begin to become a burden. You may discover it is not what you had anticipated. Your passion begins to fizzle and you can hardly entertain the thought of continuing on.

 

This is what can transpire when someone isn’t prepared or aware of what owning a business is truly like.

People need to be educated on the ups and downs, pros and cons, and realism as to what the journey of becoming a business owner is about.

We need to put to rest the fallacies that potential new business owners fall for. It is because of these untruths that many individuals who venture into becoming an entrepreneur fail. Many times their dreams are pushed to the wayside due to being misguided by what they have heard.

One of the most prominent fallacies is that "anyone" can own and operate their own business. This couldn’t be further from the truth in my opinion.

A person needs to have the dedication, tenacity and drive that will see them through all the nuances that starting a business brings. Self-management is another quality that is a must and if an individual does not possess this, they are in for a very rocky road.

 

 

Before diving into becoming an entrepreneur you need to take an honest look at yourself, evaluating the traits needed to be a successful business owner.

Another misguided belief is that a company will see financial success and gain in a short period of time. The reality is that a large percentage of small business go under within the first two or three years. Being that studies show it takes three to five years for a business to show a profit, there are some companies who are either giving up too early in the game, or not planning well for the long run from its inception. If more people were made aware of the financial issues and understood the reality in profit and loss for a new business, I believe there would be a larger number of businesses that could survive. Starting a business is not something that is going to make you rich in the first year, let alone in the first few months.

While dissecting two of the most heard and believed fallacies, we can give a more realistic view to a future entrepreneur in what to expect when starting their own business. Is this meant to discourage you from starting your own business? Is this meant to provide a negative view of becoming an entrepreneur? Not at all. Owning your own business can be the most rewarding, stimulating and liberating experience a person can have. It is necessary though to be fully aware of the time and financial aspects, along with the realistic expectations in starting a business of your own. If you join the entrepreneur playing field with the blinders off, and your eyes wide open, there will be much less frustration and an increased opportunity to create a satisfying and successful business.


Cyndi Webb is the Founder of Moms Network - an organization dedicated to the promotion and success of Moms at Home in business. She makes her home in Minnesota with her husband and two children.

Home > How to Choose a Home Based Business > The Truth and Lies of Owning Your Own Business

 

New Page 1

 

Free Content for Websites   Free Fax Covers   Direct Sales Opportunities   Home Business Profiles   Message Boards
How to Choose a Home Based Business   100 Home Party Games   Work at Home Tips  Guide to Direct Sales Success  
Partners In Success   Free Online Business Card   Webring   Coloring Pages  Crafts   Recipes   Moms Network Blog  Flowers

©Copyright 1997 - 2015 Moms Network Exchange (MNE) No content from the MNE site can be used without written permission.
Fines will be issued to those who use content, images, html, and other properties of this site without written permission.
Moms Network  P.O. Box 238  Rosemount, MN  55068 (phone) 651-423-4036  (fax) 651-322-1702
Contents © Moms Network | Privacy Policy

 There are currently 3 visitors online.