Monthly Archives: March 2012

I want to be the boss! – Part 4

This is fourth in a series of blogs for those who want to start their own business.  By now you’re committed, you know what your financial situation is and you’ve started your savings cushion.  Congratulations!

Step 5:  Will the business work?

You’ve got to get real about the business.  Some people have a passion about a service that they might offer, however they haven’t proven that it’s feasible.

Tip 1:  Choose your target market.  Who do you enjoy working with?  Who might buy your product/service?  (if you’re saying everyone, see blog post… Continue reading

Fear of Failure

When I ask my “single greatest questions” – one of which is “What is your single greatest fear regarding your business or career?” many times the answer is “The fear of failure”.

Today the negative news bombarding us every time we turn around can add to our fear.  We hear about all the bad things that can happen to us – and what has happened to others.  It’s easy to understand that playing it safe and not taking risks is a comfortable choice for many.

However, when I see the “fear of failure” as a strong fear for… Continue reading

I want to be the boss! – Part 3

This is third in a series of blogs for those who want to start their own business.

Now that you know what your living expenses are and your discretionary expenses are, it’s time to put this information to use.

Step 4:  Creating a plan

You’ve got the knowledge, move forward.  To build on the previous step, we’re still working on minimizing the fear.  To start your business with strength I suggest you build up a cushion – save at least six months to twelve months worth of living expenses before quitting your day job.  This will… Continue reading

Present and Future

Have you ever thought that you could have been farther along in your career than you currently are?  Zen philosophy applies:  Stop agonizing about how this isn’t the way it should be, accept that this is the way it is, and put all of your energy into making it what you want it to be.

Simple words that aren’t always easy to put in place.  Work with some of these tips and see if you can shift some of your thinking.

Tip 1:  Get crystal clear about what you want.  You can’t change the… Continue reading