Wayne Knapcik
Advertising & Media
Wisconsin,United States
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  • Starting Your Own Business Made Easy

    Many of those out of work have extensive experience, often working for their previous employer for more than ten years. When downsizing approaches, these employees are rarely concerned with their job status…how can such a long-time employee be cut? However, many faced this exact scenario in previous months and are unsure how to face the future in a sluggish economy and high unemployment rates.

    The question for many people in this exact situation is: Are you ready to start your own business? Beyond the obvious questions of whether or not your skills are marketable and if you can afford the risk all prospective business owners take, there is a large amount of self-evaluation required before becoming your own boss. Here are a few questions you need to honestly ask yourself before you take the leap into entrepreneurship.

    • Are you a leader or a follower? In other words, in your work experience, have you required the guidance of others to ascertain what to do next in your day? Skill is a very important asset to have when considering becoming your own boss, but if you have difficulty staying on point to complete tasks, it may not be for you.
    • Do you have any contacts you can use? Starting a business isn’t easy for anyone, but having some names to name when starting out can be helpful. Sift through the business cards you accumulated during your career and see who you know that could be a benefit to your new business.
    • What startup costs will you have and can you afford them? Some businesses require very little money to get started. Take a good look at the supplies, overhead costs and marketing materials you’ll need to start your own business in your niche market. Evaluate those costs against your financial situation and you’ll have a good idea if you will need financial assistance to get started.
    • How’s Your Credit? If you need financial assistance, your personal credit score is crucial to your ability to obtain a loan. Leveraging your home with a home equity loan is one option for startup cash, but it’s recommended that you talk to your family to see if someone wants to back your business and lend you the money. Always write up a contract for a loan, even for family. It can head off confusion later.
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  • Small Business Examples for Prospective Entrepreneurs

    The unemployment rates are still high globally, and this means that an awful lot of people have to consider what they can do to make ends meet. There has been a trend of Entrepreneurship over the last two years that has been driven by the lack of trust in the corporate world’s priorities and a need to improve living standards due to increased costs. There are several options of small business options that are fairly easy to begin with little or no startup capital. Read on to learn what small business options exist for prospective entrepreneurs.

    Cleaning Services
    Beginning a cleaning serviced can be done fairly easily. If you like to work with your hands and appreciate a varied schedule, then consider this small business opportunity. Buying supplies from your local cleaning supply store can be done for less than $100.00 and the only thing left to do now is to get the word out.

    Once you have researched the local cleaning rates, you can make up flyers on your computer and have them bulk copied at your local office supply store in bright colors. Hang them on your church billboard, at the local grocery and stores that allow for local advertisements. You may have to take the first few jobs at a slightly lower rate than you want, but once you get some regular clients and referrals, you’ll be able to request higher pay.

    Virtual Administrative Assistant
    Thanks to the web, the ability for people to work from home is recognized by new entrepreneurs every day. If you have basic office skills, like typing, dictation or editing, you can offer your services as a Virtual Administrative Assistant. Check out the rates for this business on sites like Craigslist or iFreelance to see what other people are offering and what they charge based on the job criteria. There is a lot of work to be had in this field, but realize that your business reputation, as it grows, will help you set your own rates.

    Once you find a direction for your small business, be sure to check State and Federal government guidelines and regulations for your business type and file accordingly.

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  • Make a Commitment to Take Continuous Action

    What’s the point of complaining that others may have better luck or personal connections than you have? Complaining is not going to change anything. If you look at the world realistically, you will see plenty of success stories of people who have achieved their dreams despite major difficulties or epochal mistakes.

    Neither good luck nor being in the right place at the right time play a major role in personal long-term success. Luck is not the steam that moves the engine. The key to being able to slide over life’s difficulties is your personal psychology.

    The main issue is to identify which essential psychological trait is, given enough time, the principal driver in an individual’s success. From many years of observation and personal experience, I put forward that this key element is the willingness to take continual action.

    This is easier said than done, since the principle itself opens many other questions. In which direction should you take action? How do you know if you are following the proper course? Which technique should you use to define the steps that you need to take?

    Let me condense my advice in a few words. If you know what you want, look around, ask around, or stumble around, and then start taking immediate action in the direction that seems the most promising. If a door closes, then try the next one. If you are not sure about what you want, then try out several things that you find interesting until you discover what attracts you the most.

    In any case, put discouragement out of your mind and accept mistakes as part of the game. Moving continuously in your chosen direction does of course not guarantee success, but it will inevitably result in increasing levels of achievement. When you are focused on being yourself at your best level, your results are bound to exceed your expectations. Before you realize, you will have built your own skyscraper.

    JOHN VESPASIAN writes about rational living and is the author of the novel “When Everything Fails, Try This.” He has resided in New York, Madrid, Paris and Munich. His stories reflect the values of entrepreneurship, tolerance and self-reliance. See John Vespasian’s blog about rational living.

    http://johnvespasian.blogspot.com/

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