Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Blind Brokers Network

By Alexis Roberson Subscribe to RSS | December 5th 2011 | Views:
loading
 
  



Hello Steven K. Dale here, Today I want to help you with some information on how to start a small business. What makes me an expert on starting a business? Since 1986 I have set up over 1200 people in their own businesses. I've been featured in Entrepreneur Magazine, Small Business Opportunity, Income Opportunities and How to Start Small Business magazines. I've been a feature story on NBC News and I co-hosted a podcast on starting a business. I'm an expert in two main areas. First I'm an expert on expanding small business and I'm an expert online marketing for local businesses. I'm currently writing my first book on business expansion call the Expansion Factor.

The most difficult decision you will ever make is whether to start a business or not to start a business. Let's focus on this decision in this short article.

Every moment you waste on not making this decision will cost you money. If you're earning 40K a year and you wait a year or two or even 5 to make the decision, your losing money. What if you make $40 K in profits the first year, 65K the 2nd and 125K in the fifth year? You just lost over $200K by not making a decision.

Believe it or not once the decision is made it's actually pretty simple to find a business and get started.

This is one of the biggest decisions you'll ever make. I'm a big believer in writing the worst case scenario and the best case scenario on a piece of paper. It has a way to making it seem real. It takes it from a dream to reality.

Once you decide to start a business it's time to get serious about what you'll need to do to start looking for the right opportunity.

It's time to evaluate the upside and the down side. What's the worst thing that could happen to you? You lose everything? So what, at least you did something about your dream. The fact is very few failed business owners lose everything. Most are able to reenter the work place or start another business and be just fine. I know because it happened to me.

Best case scenario is you'll replace your current income and then some. Even if you only replace your current income your still much better off. You now have FREEDOM! Freedom to grow, Freedom to choose your hours and Freedom to design your life the way you want it.

A few years ago I suffered a huge loss. My business that I spent 15 years building was destroyed. I made a critical error 15 years ago. I decide to offer my business as a business opportunity and not collect any royalties but instead to be paid from the vendors as an independent sales rep. That single decision help create hundreds of new businesses but cost me everything. You see my competition used that decision to systematically destroy me. I was out millions of dollars and my company was worth nothing.

It's because of this I recommend you start small. If you don't have a lot of cash there are many businesses you can start for very little money. You may not be starting your dream business but at least you're starting something. I started my first business in 1986 as a window washing business. I think my total investment was under $5,000. That included a used van. Within in 2 years I had 4 employees, 4 trucks and several sub-contractors. I sold that business and have owned many different businesses since. I used that experience as a spring board to new ventures. In another video I show you how to spot new opportunities.

What if you only have $5,000 to invest? Is it possible to start a business for $5,000? YES.

There are dozens of business that could be started for under $5,000 all you need to do is pick one.

Once you have decided to start a business it's time to evaluate your investment capital. If you're borrowing 100% of the investment all I can say is DON'T! I've heard of many people who only earning $40K a year borrowing $100K to buy a franchise thinking it were a wise investment and they failed. You don't want this to happen to you. Franchisees are NOT a guaranteed path to success. There are many other ways to start a similar type business for 90% less.

Let's review what I spoke of.

First make the decision to start a business, find a business, and get started. It's a bit simplified but it's very close to reality. Just ask any business owner.

Alexis Roberson - About Author:
Steve Dale is a expert on starting and expanding small businesses. http://www.myblindbiz.com

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/blind-brokers-network.htm

Related Business Articles Subscribe to RSS

Enhance your business productivity with Supply Chain Management
Published by Shawn Dsouza on August 6th 2012 | Business
The concept of supply chain must be clear before understanding anything about Supply Chain Managemen...
 
Significance of business litigation matters
Published by Adli Law on April 5th 2012 | Business
Running your business smoothly in the market is not possible until you are fully armed with all lega...
 
Add spark to your business with proper Racking and Floorings
Published by Maloufsaus on August 9th 2012 | Business
Want to own optimal storage solution? Cantilever Racking is your answer and is here to stay. Perfect...
 
News empowering good business
Published by Nidhigupta on July 18th 2012 | Business
The moment man gets satisfied, the moment he stops progressing. An ideal businessman is not the one ...
 
Most popular online dating sites- turned a big business these days
Published by Mobiledating on February 7th 2012 | Business
Find here complete list of top mobile dating sites based on different categories such as relationshi...
 
Considerations when choosing telephone systems for a business
Published by Jesse Wallace on May 17th 2012 | Business
How to choose a suitable office phone system.
...
 
Online business and its importance in the digital age
Published by SharonThomas on June 14th 2012 | Business
Online business is gaining more attention. Internet is used to find locations, shopping, look up for...
 
Go for Ecofriendly Printing service for promoting your business
Published by Robert Samuels on February 22nd 2012 | Business
The above content highlights the role of the printing service in our life, particularly in populariz...
 
Could Pavement Signs help to advertise your business?
Published by Mary Porter on June 29th 2012 | Business
It is essential for any bar, restaurant, shop or other retail outlet to stand out from the crowd on ...
 
Are you looking for Spray Booths for Sale for your business?
Published by Mary Porter on June 20th 2012 | Business
Spray booths are a useful tool for many firms in a range of different sectors, and there are a numbe...
 
Jordans Limited can facilitate all your business registration requirements
Published by Julia Roger on December 6th 2011 | Business
Jordans Business registration couldn’t be simpler. All of the company formations that we manage ar...
 
An HSE Risk Assessment is crucial for any business
Published by Mary Porter on June 16th 2012 | Business
If you are a company with some staff to look after it is essential that you get an HSE risk assessme...
 
Protect your business and yourself with Liability Insurance
Published by James Wilson on April 9th 2012 | Business
There are many people in this world who are always looking up to start their own business, and if yo...
 
Avail Central Contractor Registration to enhance your business
Published by Steven Brown on June 7th 2012 | Business
Keeping a track of all aspects of government contracts is very essential. Read this article to know ...
 
Forex indicator: is the best way to start business for beginners
Published by Forexindicators on November 30th 2011 | Business
The economic tools that can be used to understand chances in Forex handling are the indicators....
 
Increase the productivity of your business with the help of Marketing Fulfilment and E-commerce Fulfilment
Published by Diego Hall on December 15th 2011 | Business
The e-commerce fulfilment as well as the marketing fulfilment is the two important extension of busi...
 
Hypo Venture Capital Headlines: Know the tricks to get business loan despite debt
Published by Hypo Venture on January 14th 2012 | Business
After the recent economic meltdown, many business organizations have incurred insurmountable amount ...
 
For washing machine repair Manchester with quality workmanship guaranteed contact the best in the business at MS Appliance Repairs
Published by James Blee on August 23rd 2012 | Business
Time is a luxury not many of us can afford in the busy world we live in so when something breaks dow...
 
A few ways to find business gas prices at a competent level
Published by Ankit Pandey on December 5th 2011 | Business
To get the best out of your business, you need to find business gas prices at the budget level that ...
 
Bring your online business a Magento Expert
Published by Terrypa Sencio on February 5th 2012 | Business
In fact this product is quiet fun and easy when you try it out using the demo.An area of this produc...