REWARDS FOR STARTING A SMALL BUSINESS

Why become an entrepreneur?

For the money?, To do things your way?, Flexibility?, A livable income?, Personal growth?, Building great wealth in future?, Creating products?, Gaining respect or admiration of others?, Ability to start or continue a family tradition?

The most important rewards for small business are growth, flexibility and income.
Growth rewards is what people get from facing and beating or learning from challenges.
Income rewards refers to money made from owning your own business.
Flexibility rewards refers to the ability to live your life the way it suits your needs.

Truth is everyone is thinking of owning their own but few really go on to start a business. The challenges of small business scare off or derail people. For years potential entrepreneurs have problems like.....

Not enough financing
You can’t start businesses when the economy is down
To make profits, you need to make something
If you fail, you can never try again

Students or Housewives don’t have the skills to start a business
Not enough financing: Informal capital is monies received from what I call...Family Friends and Folks....”Fools” –this group don’t care what you want if for, possible ...though hard to find. My dear.. the money is out there, from all this groups and from your pocket to start-up, from banks and angels if you can make a case for it.

To make profits, you need to make something:
Many businesses around the world with very high profits are services like dentists, tax payers, mining support, bloggers, counsellors, insurance brokers, legal and health practitioners...some of these businesses need little specialised training e.g. Book keeping companies... ‪#‎Cashlog‬ in Uyo is growing in this field.
https://www.facebook.com/Cashlog and
Join: https://www.facebook.com/Mutual-Reserve-International

If you fail, you can never try again:
If you close a business you started and pay off all your debts, you did not fail!!! If you learned how to do it next time the you can say you paid your dues and got an MBA. Most successful entrepreneurs had failures along the way, note “MCDONALDS FAILED IN REAL ESTATE”! I own a Card company am not glad I shutdown... Cardmasternigeria.com and I really want to get it back!

Student or Housewife:
Trust me you have useful business skills. Discussing to get fees from your guardian or getting a home allowance requires certain qualities.... As a student while in school you probable have a good idea students need and buy always. You can drop the shyness and start a mini-retail business from you Backpack. If you have negotiation skills the sky is your limit in retail and wholesaling especially for products you already understand like (T-shirts, energy drinks,textbooks, bags and musicboxes)
You have high level undocumented skills like the founder of Facebook or Yahoo!.. I wish I had this kind of skills!!! There are numerous competitions for students (www.gse.org) and the banks and government today is tilting towards help out.. Go for it.

Mompreneurs know how to manage a home, negotiate family purchases and solve problems from broken equipments to angry family members...need not say more! See MaryKay.

Dont let the myths hold you back, knowing these truths is a powerful way to keep you motivated through an undeniably tough work of starting  your own business.

 CDT KATZ/GREEN

By reading this write-up... You too are approaching small business the right way and it will make a difference. By taking a course in Small Business or entrepreneurship, you are increasing your chances for success. 1 person out of 7of those who think about starting a business really make an effort to turn their intentions into reality.  Listening to  Netima Boot Camp Series  CD  or reading excerpts like this will get you going past the first hurdle of inaction! The second hurdle is taking the right actions... You need to find out what you need to do to start a business and how to do what you need to do.

Netima Boot Camp Series  DVD/CD  Helps you learn more about these key resources.

See you at the TOP!!!

In business there most likely will be a recess period...Start again and Keep moving!



NETIMA BOOT CAMP SERIES DVD/CD
Aaron aged 6, loved to draw cartoons. With the support of his parents, he kept drawing through his teenage years. At 18 he went to the University, Sketchbook in hand and for 3 years he refined his cartoons and completed his Degree on English. He wanted to be a professional cartoonist, he researched, identified cartoonist groups and learned that most professional cartoonists were self employed, distributing their work to newspapers through a big syndicate. Cartooning business seemed difficult but he knew if he perfected his cartoons, he could establish himself.

Aaron started publishing his cartoons on a website called “The Hitlist Online”, “DiamondBack”, and in “The Source” While his cartoons where being published, he kept working on his art. All this was his form of pilot testing. Based on feedback from his readers and editors, he improved his comics.
Aaron convinced a writer at “Editor and Publisher” to build a story on Major Cartoonists. The story gave him visibility among the publishers who would be signing his comic strip. With this visibility increasing...He Networked. He approached syndicates in person and by mail, attended conventions, conferences and seminars and even met with a representative of the dispatch company the circulated the paper in which his works featured “UPS”. When UPS expressed interest to work with him he called in an Attorney. Handed over the negotiations and was able to win the negotiations to keep the rights to virtually all his comics’ strips and characters.

THE PAYOFF? His work with syndication landed in 160 papers ... His work appearing in over 350 newspapers and spawned several comic strip compilation books and TV series till today.
Aaron positioned himself to make more money from these than the typical cartoonist because he made sure he held on to ownership of the rights to his strips and made six figures before even merchandising and book sales came in.
Aaron didn’t do bad... he was a one person firm start-up working from his bedroom in his parents’ house.

POINTS TO CONSIDER:
1. How did Aaron move his passion and hobby into a viable business?
2. What did Aaron do to develop his skills?
3. What kinds of research did Aaron use to understand the cartooning industry?
4. What kinds of help did Aaron use to develop his business?

(Relax)

Aaron’s story makes a simple point- You can start a small business and knowledge can help. Aaron did it the right way, doing research, planning networking and seeking help when he needed it.

CDT: Jerome Katz- Richard Green

By reading this write-up... You too are approaching small business the right way and it will make a difference. By taking a course in Small Business or entrepreneurship, you are increasing your chances for success. 1 person out of 7of those who think about starting a business really make an effort to turn their intentions into reality.

Listening to Netima Boot Camp Series CD or reading excerpts like this will get you going past the first hurdle of inaction! The second hurdle is taking the right actions... You need to find out what you need to do to start a business and how to do what you need to do.

Netima Boot Camp Series DVD/CD Helps you learn more about these key resources.