Freedom

The ABC’s of Business





So you’re sick and tired of working and want to venture forth to the deep and start your own business? Luckily for you this is for you. At most of the time people don’t know where to start their own business. They may be afraid of investing money or worse don’t know where to start the bandwagon.

One of the main reasons why people start their own business is that they want to have freedom from their daily routine. Others want to improve their quality of lives by earning more than what their company is paying them to do. To some they want to be the manager of their business and explore further more opportunities what life has to offer them.

Now taking from the reasons above, starting your own business requires a carefully planned step in order for it to succeed. You must muster the art of strategy before starting your first business. To get started we move into the so called Investigation phase. In this phase you reflect on yourself on what kind of person you are.

The type of person you are reflects on the way what your business will be in the near future. These include Duty fulfillers who have an introverted personality, The Mechanics, introvert guys who are cool onlookers, The Doers, extroverts who love on the spot problem solving and lastly the Executives, people who are in the same extravert group with frank and decisive leaders.

The second part of the investigation phase greatly adapts on what your business options will be. Questions like “Do you like to work with your hands or brain?” or “What interests you?”. These are some questions that greatly affect what your business will become and how you will succeed. This questions guide you if your business will succeed or not and also gives you the whole overview of the problem.

7 Quick Strategies for Working at Home Successfully

So, you’ve decided to start a home based business. Congratulations! and welcome to the fast-paced world of entrepreneurship. While there is a lot to learn, your effort will be well worth it. The thrill of growing your business, the freedom and flexibility to set your own hours, and the possibilities of ever-increasing financial rewards are all wonderful reasons to start your very own home based business.

Now that you’ve decided to start your business, you might be wondering “How can I get it off to the strongest possible start?”

These seven quick strategies will help:

1) Set up a separate working space in your home. It doesn’t matter if this is a small bedroom, one part of the garage, or a corner of the living room. The important thing is to have some space that you can designate as your working area. This will give you the space and room you need to craft your dream.

2) Stock your working space with materials. This sounds basic, perhaps, but one underlying element of success is that you have easy access to the tools, materials, and other resources you need. Gathering everything close by also keeps you from wasting time searching for it, so this step can be considered a time management strategy, too.

3) Speaking of time management, your third step is to define the parameters of your business. What days and hours will you work? When will you market? When will you provide services or products to clients? How will you keep all of this straight?

4) Balance action with planning. One of the most common pitfalls to successful entrepreneurship is getting too caught up in action without enough planning. Stated another way, this means that you confuse “being busy” with “working on important projects.” The best approach is to plan your next couple of goals and then work backwards to create step by step action plans to reach them. Once you have the plan, then it’s time to take the action.

5) Network like crazy. One of the fastest ways to grow any business is to make connections with other people. Be sure to share your passion and enthusiasm with others at every opportunity. Let people know who you are and what you offer. Remember, people can’t buy if they don’t know you’re selling.

6) Present a professional image. If you want to be treated professionally, present a professional image. Set up a separate bank account for your business. Install a separate phone and fax line. Create professional marketing materials. Be courteous and pleasant in all your customer facing interactions. Basically, be someone people want to do business with.

7) Automate your business as much as possible. Granted, you are just one person (right now) and might have a lot of extra time to take care of all the details. This might work for now, but won’t work into the future as you get busier and busier. It’s best to set up automatic systems and processes right from the start to free up your time to concentrate on the most profitable activities.

These seven quick strategies will get your home business started (and growing) in the right direction.