Small Business Checklist
http://www.teamideas.com/teamideas_business_pitfallguide.pdf
I wrote this from past experiences and mistakes. Hopefully if I help just 1 person then I have done my job.
I stumbled across experiences for starting up a business by MAJOR Trial and Error and also learning from those around me. I wrote this book because I have had an increasing number of clients and friends asking my opinion about starting up their businesses because they KNOW that I have tried a ton of business ventures (and ADVENTURES) and they also know how much money I have lost and gained during the process. The more that I shared, the more homework I did about the advice I was giving forcing me to absorb more knowledge about the business world. Chances are that if you are reading this e-book, YOU are thinking about becoming your own boss and owning your own business. My standard first comment for everyone is “CAREFUL WHAT YOU WISH FOR”. According to the SBA, the current stat for success rates for new businesses is 60% percent of startups are shuttered within 4 years. With increasing economy problems (housing woes, unemployment, consumer spending declines) and not to mention diesel and material costs skyrocketing, that figure is sure to rise in the coming years. I hope that this guide can at least show you some things to think about before you get “on the hook” with any major startup commitments (and believe me, there are some doozies!).
Every since I can remember, I have wanted to do huge things in this world and I have always felt like the best way to do that is to control your own destiny. I watched my father work in the Oil & Gas fields of West Texas for 35 years taking orders from young hot-shot bosses whom he really didn’t care much about. I am pretty sure that their daily routine wasn’t looking out for his best interests either. Seeing my father come home beaten down in oily work clothes unhappy with his day to day routine really stuck in my head. He ALWAYS encouraged me to go out and do big things and to this day he still believes in everything that I do.
The best parts about my past experiences are exactly that...EXPERIENCE. I have learned a little bit about business management, business flow analysis, business accounting, inventory tracking procedures, computer skills you cannot even imagine, marketing, website/graphics design, public relations, advertising, budgeting, and that is just the tip of the iceberg. From all of those years in those jobs, The 4 most important things that I have learned are:
• PUT GOD AND FAMILY FIRST (DON’T LOSE YOUR SHIRT)
• BE HAPPY & CONTROL YOUR OWN DESTINY
• THINK POSITIVE!!!!!....NO BUSINESS WILL THRIVE WITHOUT IT.
• SURROUND YOURSELF WITH PEOPLE YOU CAN TRUST
A Quick Note:
Be very careful about going into business with family and friends. Run the business like a BUSINESS and try to separate business and personal (some say an impossible thing to do). I tend to like the method of having an employee policy list and the partners should lead the list by example just like the $7 an hour guy. No free rides! Always ask yourself, “Would I let the $7 an hour guy do what I am doing?” Now, I’m NO expert for sure but let’s get started helping your from some of my fortunate (and unfortunate) past and present experiences.
Now here is my E-Book with a checklist.
I wrote this from past experiences and mistakes. Hopefully if I help just 1 person then I have done my job.
I stumbled across experiences for starting up a business by MAJOR Trial and Error and also learning from those around me. I wrote this book because I have had an increasing number of clients and friends asking my opinion about starting up their businesses because they KNOW that I have tried a ton of business ventures (and ADVENTURES) and they also know how much money I have lost and gained during the process. The more that I shared, the more homework I did about the advice I was giving forcing me to absorb more knowledge about the business world. Chances are that if you are reading this e-book, YOU are thinking about becoming your own boss and owning your own business. My standard first comment for everyone is “CAREFUL WHAT YOU WISH FOR”. According to the SBA, the current stat for success rates for new businesses is 60% percent of startups are shuttered within 4 years. With increasing economy problems (housing woes, unemployment, consumer spending declines) and not to mention diesel and material costs skyrocketing, that figure is sure to rise in the coming years. I hope that this guide can at least show you some things to think about before you get “on the hook” with any major startup commitments (and believe me, there are some doozies!).
Every since I can remember, I have wanted to do huge things in this world and I have always felt like the best way to do that is to control your own destiny. I watched my father work in the Oil & Gas fields of West Texas for 35 years taking orders from young hot-shot bosses whom he really didn’t care much about. I am pretty sure that their daily routine wasn’t looking out for his best interests either. Seeing my father come home beaten down in oily work clothes unhappy with his day to day routine really stuck in my head. He ALWAYS encouraged me to go out and do big things and to this day he still believes in everything that I do.
The best parts about my past experiences are exactly that...EXPERIENCE. I have learned a little bit about business management, business flow analysis, business accounting, inventory tracking procedures, computer skills you cannot even imagine, marketing, website/graphics design, public relations, advertising, budgeting, and that is just the tip of the iceberg. From all of those years in those jobs, The 4 most important things that I have learned are:
• PUT GOD AND FAMILY FIRST (DON’T LOSE YOUR SHIRT)
• BE HAPPY & CONTROL YOUR OWN DESTINY
• THINK POSITIVE!!!!!....NO BUSINESS WILL THRIVE WITHOUT IT.
• SURROUND YOURSELF WITH PEOPLE YOU CAN TRUST
A Quick Note:
Be very careful about going into business with family and friends. Run the business like a BUSINESS and try to separate business and personal (some say an impossible thing to do). I tend to like the method of having an employee policy list and the partners should lead the list by example just like the $7 an hour guy. No free rides! Always ask yourself, “Would I let the $7 an hour guy do what I am doing?” Now, I’m NO expert for sure but let’s get started helping your from some of my fortunate (and unfortunate) past and present experiences.
Now here is my E-Book with a checklist.
Comment
About
© 2009 Created by Jason on Ning. Create a Ning Network!
You need to be a member of Team Ideas Dev Group to add comments!
Join this Ning Network