Why Derek Jeter Jersey , exactly, do you want to go into business for yourself? Is it because you cannot stand the thought of working for an uptight, demanding, and perfectly dreadful boss?
Is it because you cannot bear the thought of going through another downsizing or restructuring, knowing that your job could be on the line?
Is it because you want to be your own boss New York Yankees Jersey , call your own shots, or see more up side in your earning potential, with the possibility of financial self-sufficiency? These are all good reasons for wanting to go into business. In fact, studies have shown that many entrepreneurs get their start due to some life-altering experience such as losing a job or finally walking away from a dead-end job or a demoralizing work environment.
It is amazing how creative, resourceful Yoenis Cespedes Jersey , and innovative you can be when, finally, you reach the edge and find yourself in a survival situation professionally. In times like this, the entrepreneurial spirit comes alive and you figure out that you can simply do it on your own.
Does dissatisfaction alone in some area of your life constitute reason enough to venture into business and the life of entrepreneurship? Many potential entrepreneurs get to this bridge and never cross because they do not know how to discover and unleash the entrepreneur within himself or herself.
Many people resist giving credence to their entrepreneurial tendencies no matter what the circumstances, ignoring the potential for self-expression Jacob deGrom Jersey , independence and the fulfillment of their dreams. Herein resides the real tragedy. Many people experience paralysis from fear of the unknown and fear of failure. Consequently, they never pursue entrepreneurship and the potential freedom that it can bring to their lives.
Although entrepreneurship appears to offer many advantages for personal and professional growth and accomplishment, why is it that so many new entrepreneurs fail? In fact, studies have shown us that out of every 100 entrepreneurs who start their own businesses, 14 will succeed and a whopping 86 will fail in the first five years. The odds Wilson Ramos Jersey , so to speak, are stacked against you as a nascent entrepreneur. Therefore, if you are contemplating starting your own business you should take it very seriously.
The two biggest reasons people fail in a new business are: they don't know what they are doing, and
their business is undercapitalized. When we say they don't know what they are doing, we mean they literally don't know what they are doing in terms of running a business day in and day out. It also makes perfect sense that a new business might be undercapitalized (not having enough working capital to run the business). In fact Noah Syndergaard Jersey , many new entrepreneurs, who don't know what they are doing have a hard time finding either equity or debt capital for the reason that lending institutions and savvy investors typically do not like to give money to people who don't know what they are doing in business.
In order to improve your chances of beating the odds, what is important is that you educate yourself about business development. There certainly is enough information out there on how to start and run a small business. For instance, if you go to and type in a search for books on 'Entrepreneurship'' alone, you will have over 21 Michael Conforto Jersey ,000 book choices. Nevertheless, where does one start in deciding what to read, who to listen to, and what to implement?
In the more than 55 years of combined experience in the world of business that my wife and I have had, and working with hundreds of hopeful entrepreneurs Robinson Cano Jersey , we discovered four basic stages to business development that every entrepreneur must go through to enhance their chances for business success. Reflect
Envision
Create
Build Most entrepreneurs, especially the 86 that fail, usually skip one or more of these essential stages of business development and find themselves in a heap of trouble before they know it. Typically, a new entrepreneur will get and idea (envision) and go straight to market (build). They simply unknowingly skip the 'reflect' and 'create' stages, and charge into business with an 'if-I-work-hard-enough' attitude everything will be all right.
Well Todd Frazier Jersey , statistically we know that not everything is all right and it does not work.
One of the keys to obtaining a better life or living arrangement is to assess the quality of relationships that you surround yourself with. Do you surround yourself with loving relationships or unhealthy relationships? For someone that has a pattern or history with unhealthy relationships, the difference between the two may be difficult to decipher.
Healthy relationships are relationships that add to our well being, not subtract. They bring out the best of us by being supportive of our goals and our inner selves. Unhealthy relationships often cause us stress and subtract from our well being, often leaving us feeling depleted of energy.
Common symptoms of unhealthy relationships include sickness, stress Marcus Stroman Jersey , and a negative outlook of ourselves and our world around us. People who are accustomed to unhealthy relationships often stay cornered in situations like this because they do not recognize that there is another way of living. They might continue the unhealthy relationship indefinitely and never seek a better way of life for themselves or they may leave the unhealthy relationship, but not the pattern.
The life pattern is essentially the root of the problem. The pattern may have stemmed from family upbringing or any other form of influential relationship. The key is to recognize the behavior and identify where it is coming from.