Monday, October 23, 2006

Journey to Entrepreneurship

If you are thinking of starting a small to mid-sized businesses, or if you are already operating one, this blog will provide you an invaluable arsenal of tools and information. This blog will help you implement the practices critical to entrepreneurial success, while identifying those practices to avoid.

The concepts I will share are based not only on academic principles, but on my own and others’ real life experiences. Notwithstanding that statement, I find this cartoon so insightful


Many people wish to venture beyond their existing worlds only to be blind-sided by unexpected events. It is a truism that today’s business climate is changing at an ever-increasing rate. This fast-paced business environment creates both problems and opportunities. These problems contribute to the high rate of new business failures. If you are an individual pursing the American Dream of owning your own business, you can increase the success of any business venture by anticipating potential pitfalls, while at the same time taking advantage of the opportunities that accompany the pitfalls. Being in a position to both capitalize on opportunities and simultaneously handle day-to-day problems is what this blog is all about.

Thinking about your current employment situation raises questions to ask yourself. Should you cling to the security of a weekly paycheck or venture out and become an entrepreneur? Maybe you are driven by financial necessity to plunge back into the job market one more time, but nevertheless curious to know what the business start-up landscape looks like? Maybe you’ve always wanted to own your own business or expand a hobby or skill into something that will earn you a decent living. Should you leave the safe shelter of being an employee? You don’t want to end up feeling like you have leaped into the unknown, only to crash on the rocks below. These are only a few of the questions you will want to ask yourself before leaving the safe and secure world or being an employee.

To me, starting a business is like embarking on a journey. A journey in a car requires a map, a plan, a route, suit cases and a time line. On the entrepreneurial journey, you need strategies, plans, financing, technologies, employees, and a general idea of the terrain. Yet there will always be surprises. Just as in real-life explorations, you have to prepare for unforeseen eventualities. Bookmark the Journey to Entrepreneurship, and you will discover a new and exciting world.

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