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What’s Stopping You From Starting Your Own Small Business? By Tim Knox Whether doing my weekly radio show, teaching entrepreneurial classes, or doing personal coaching, I talk to a lot of would-be entrepreneurs these days and I’m discovering that many of them are suffering from what I call, "I Don’t Syndrome" or IDS.
IDS is a sad malady that affects many people who claim they want to start their own business, but never seem to get beyond just talking about it. The symptoms of IDS are a lack of belief in themselves, a fear of failure and ridicule, a misguided belief that lots of money is required to start a business, and lousy time management skills. IDS can even cause an otherwise intelligent person to question their own sanity. It’s a sad disease that prevents thousands of people every year from achieving their American Dream.
But there is hope. IDS can be cured simply by facing it head on and accepting the fact that not everyone is cut out to be an entrepreneur. Don’t beat yourself up if you’re more comfortable working for someone else. Just accept the fact that business is not for you and strive to be the absolute best employee you can be and you’ll achieve success in that arena.
If you’re dead-set on starting your own business and IDS is keeping you up at night, consider the following symptoms and suggested cures.
"I don’t have time to start a business." I hear this one all the time from people who spend five hours a night parked in front of the TV. Sorry, couch potato, you get zero sympathy from me. You must make time for what’s important to you, so if starting your own business is important to you, find the time to make it happen. I started my business from the corner of my tiny bedroom working between the hours of ten at night till whenever I passed out in the wee hours of the morning. Then I’d get up and be at my day job at 8AM. I’d work on the business during my lunch hour and on weekends. There are only so many hours in the day so you have to make the best use of what God gave you. When
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a spare minute pops up use it to work on your business; otherwise grab the remote and keep your day job. "I don’t have the money to start a business." Many people are under the misconception that starting a business requires piles of cash. Nothing could be further from the truth. I’d wager that many of the Forbes 100 were started for less than $10,000; many for less than $1,000. When you start a business you should do so for as little money as possible. Put what money you have toward the things that are vital and backburner everything else. Become an expert at stretching every dollar until it screams. Instead of tying up your money in inventory try to negotiate 90 day terms with suppliers. Instead of buying fancy desk chairs park your can on a milk crate until money starts rolling in. Instead of signing a lease for office space that will tie up your first born for five years work from your kitchen table. "I don’t have the confidence to start a business." When I hear this one I know immediately that I’m talking to someone who will probably never even start a business. Let’s be honest, everyone would start their own business if they had a 100% guarantee of success, but very few people would bet the farm on starting their own business knowing that most small businesses fail within the first five years. I knew that statistic going in and so did every other entrepreneur who threw caution to the wind and dove in with both feet. Fear of failure is the number one killer of success. But understand this: if you never fail, you will never succeed. "I don’t think I’m smart enough to start a business." If starting a business was rocket science all businesses would be owned by rocket scientists. You don’t need an MBA to start a business. Many entrepreneurs, including me, never even went to college. I drove by a college once. It looked really hard so I kept going. Business success depends more on common sense and careful planning than book smarts. Don’t cut yourself short just because you don’t have a degree on your wall or an acronym after your name. "I don’t have the self-discipline to start a business." This is the most deadly symptom of IDS because it reveals the truth about the person making the statement. Succeeding in business is all about taking action without being told to do so. You’re the guy or gal that makes things happen. You must have the self-discipline to jump out of bed every morning ready to take on the world, which may mean calling on customers, managing employees, making important decisions, and working 18 hours straight if that’s what the day requires. If you have to be told what to do and when to do it, business is not for you. You can overcome IDS. All it takes is a little honesty and self-realization. And sometimes a good swift kick in the pants. Consider yourself kicked. Article Source: http://www.articles-galore.com Tim KnoxEntrepreneur, Author, Speaker, Radio Host"Check Out Tim's New Radio Show!"www.timknoxshow.comPreorder Tim’s New Book:Everything I Know About Business I Learned From My Mamawww.timknox.com/amazon/
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Reading experience evolving If there is a company than can finally establish the ebook as a regular reading experience (not talking about replacing paper books here), I guess it is Amazon.
And they are doing it the big way, or at least starting. See the Kindle device.
The thing is not very sexy, and while it has some nice features, the main point for me is who is trying to seel that to us.
1 - We already are purchasing books from Amazon. We already have an account and we all can do 1-click shopping from this gadget.
2 - They already have the digital content, the publisher contacts, and huge amounts of book metadata... (more)Finally, a Spanish blog too Due to public pressure, I finally started a blog in Spanish.
If you don't find anything better to do with your time, waste it at:
http://blog.salias.com.ar/
This blog would not be a translation of this one. I'll be posting different stuff with an arbitrary criteria, as usual...
Agilist attack to a Microsoft subdomain I didn't know about this Agile Center within the Architecture Center, but it is a great discovery (thanks to Roy for the tip).
Interestingly enough, most of the time Microsoft was ignoring or just pushing Agile methodologies and practices in the real of development issues. This is the first time I see them classifying Agile as an architectural concern, the same I always did.
Maybe I'm unconciously biased by my current (almost full-time) job at Microsoft, but i smell changes...
The Open Source site (notice the home animation is still using Flash)
Silverlight and all its ecosystem been free... (more)MSDN Briefing Code Samples (This post is in Spanish first, then in English)
Como prometimos durante el evento, publico aqu? el link a los ejemplos del MSDN Briefing. En la soluci?n encontrar? dos proyectos: Language, que contiene varios ejemplos de las novedades de C# 3.0, y LINQ, que contiene los ejemplos de Linq to Objects, to SQL, to XML y to Datasets.
http://www.salias.com.ar/download/LinqSamples.zip
English version:As promised during the MSDN Briefing at Buenos Aires, here is the link to the presentation samples (the code and comments are in English). The solution has two projects: Language, which contains... (more)Technet and MSDN Briefing in Buenos Aires
This traditional anual event is coming. As usual in the last years, the morning is for heavy metal IT guys, and the afternoon for software punks. :)
I'll be the last one in the afternoon, trying to cope with the previous great speakers:
(titles are not official, but what we talked about the sessions)
Keynote: Ezequiel (my boss) Glinsky and Alejandro PonickeReally Smart Clients: Matias WoloskiConnected OBA aplications: Diego Gonzalez coffe breakASP.NET Ajax: Angel "Java" L?pezSilverlight and a bit of DLR: Rodo FinochiettiVisual Studio 2008 and LINQ: me (you could go home, but there is a... (more)DotNetNuke presentation available again Around June I did a presentation for the third online event on MSDN. Once the event ws over, they took the content offline, and many people asked me about it since then.
Well, it is back online. The presentation is in Spanish, and is available at:
http://www.microsoft.com/conosur/tercereventoonline/presentaciones/salias/salias_files/Default.htm
Seamless integration? My August editorial for Level Extreme .NET Magazine
Integrating applications -at least at the enterprise level- is today
generating the same amount of work, or even more than building new
ones. In fact, it can be argued that as far as corporations keep
exposing their business processes as cohesive and autonomous services,
integrating them in new configurations is a way of producing new applications.
However, Service Oriented Architecture adoption is still timid and it
is primarily been adopted in new development, whereas just a small
portion of old corporate solutions are wrapped... (more)
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