Wednesday, December 5, 2012
The Pleasures Of Owning A Business
To start a business is like having a child. At first you're excited about the prospect
of how you're going to take life at it's reins,master your own course and be wealthy
beyond your wildest expectations. You're usually not alone, you probably have partners
or a team/crew that sees the vision of your idea, a substantial amount of cash
(Not a lot, probably cashed out a Roth IRA), you probably have a business plan that if
you stick with it will bring you the desired result because you and your team are
going to work as hard you can to make that idea work, and as a result everything is
going to work itself out right ? HELL NO expect for everything to go wrong, expect
your associates to jump ship, you will end up hiring people that will use your company
as a crutch for their own agendas while sabotaging it. Your clients will not pay you
the minimum to keep their services going, but in the same breath will jump on a plane
to go party in Miami with your favorite Rappers(my Favorites will run circles around
yours but that's another story). God forbid if you're a minority business
owner(moi),you probably have a family member
or a significant other telling you constantly that your business is not a real
business because its inner dealings are not grasped with ease, or they just don't
freaking get it. Expect to invest long hours on a project,and expect not to get paid
within the set date (Sometimes months later). You will need to make quick and critical
decisions on any fundamental changes that affect the direction of your business, and
have plan B in place in the event that might not work
so you just have to constantly change your plan of action to ensure the proper flow
of your thriving enterprise.
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