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Planning Your Business Just getting started with an idea for a business? Post your questions here

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Old 09-05-2008, 06:48 PM   #1 (permalink)
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Default Best time to start a new business? Right Now!

If you see yourself as the owner of a successful, thriving company twenty years from now, you need to build the foundation TODAY. Successful entrepreneurs view every moment as an opportunity. Every day they stop moving forward is a moment lost.
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Old 09-05-2008, 11:29 PM   #2 (permalink)
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That's a good point and one I think gets missed too often. There is always opportunity in front of you. Part of an entrepreneurial mindset is understanding that you need to be on the lookout for new opportunities and when you see them you need to act on them.
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Old 09-06-2008, 01:49 AM   #3 (permalink)
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I think the other half of the equation is doing your research and knowing what will work and what won't work. If you've prepared yourself and understand your market you'll be much further ahead. It's true that there will always be things you can't control, but doing some advance planning and knowledge gathering can help you identify a lot of potential obstacles.
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Old 09-06-2008, 04:18 AM   #4 (permalink)
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I agree. I guess that's what I mean when I talk about opportunity. You have to do some research and planning in advance to be prepared for the opportunities that come your way. If you haven't done the research, you'll miss the opportunity when it arrives, but if you've done the prep work though you put yourself in position to succeed.
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Old 09-06-2008, 07:46 AM   #5 (permalink)
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One of the prevailing principles I see whenever you read about success and leadership, is that every day matters (especially today).
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Old 09-07-2008, 10:06 AM   #6 (permalink)
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There is nothing like seizing the moment. i think the advice there is no time like today is best applied to those who have done extensive research, know the business they want and just have not proceeded to do anything about it.
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Old 09-07-2008, 04:32 PM   #7 (permalink)
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I think there are a lot of people who have done the research, made the plan, have the desire, and just can't pull the trigger. Starting your own business has a lot of benefits, but it can also be a bit scary. All the responsibility rests on you.

The thing is, you'll never know what might have happened if you don't try.
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Old 09-07-2008, 07:11 PM   #8 (permalink)
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Quote:
All the responsibility rests on you.
True it can be scary, but it's also what makes owning a business so rewarding.
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Old 09-07-2008, 07:36 PM   #9 (permalink)
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Oh yeah, I agree. You bear the full brunt of the risks but you also get all of the rewards. There are a lot of advantages to working for yourself as opposed to working for someone else.
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Old 09-08-2008, 02:48 AM   #10 (permalink)
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Quote:
Originally Posted by llcollins82 View Post
If you see yourself as the owner of a successful, thriving company twenty years from now, you need to build the foundation TODAY. Successful entrepreneurs view every moment as an opportunity. Every day they stop moving forward is a moment lost.
I agree. Even for start-ups, there are SO many creative ways to promote and grow one's business on a day-to-day basis (that don't have to cost an arm and a leg).
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