Difference Between Running A Business And Having A Job

Everyday I see people so excited about building their own business and talking about it on Facebook and Twitter. Their excitement inspires me! Their ambition encourages me!But sadly, many will never make the money they are dreaming about. Many gather on phone lines every single day planning and 'masterminding' together about how rich they are going to get. They have dream boards that cover the entire wall of their office and they already know what clothes they are going to wear on that cruise they're planning. Sadly, very few will ever get to their cruise, let alone a small boat. Before it sounds like I'm raining on your parade, my heart and my passion is to cut through the thick schemes and plans that exist online. The kind that gets everyone super excited and motivated, but quite frankly, don't ever help anyone to make any money. Being excited and motivated is not what puts money in the bank, keeps your doors open or pays the bills. Good old fashioned hard work does. But for some reason, that has become a four letter word. Work is a privilege and it's an honor. Unfortunately, many people have a warped view of work. I don't know when it happened but teenagers don't grow up dreaming about working hard and making a great life for themselves anymore. People whine about not having enough money, or they whine about having too many hours at work. We've come to the place where those who work hard and succeed are oftentimes even judged and discredited. My personal mission includes restoring the work ethic and rebuilding fallen walls in many homes. My desire is to see young men and women grow up with a goal of hard work and the accomplishments it brings, such as a house paid for, a car bought with cash and a debt free lifestyle. Entrepreneurship is one of the paths to creating such a lifestyle. So, let's talk about the topic of owning your own business. What really makes the difference when it comes to building a business and working a job? Is there a difference and can it affect your business building efforts on a daily basis? Here are five things that you must have in place to build a thriving business- antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy #1- Building a business demands that you have your time and your life managed. An out of control life cannot build a thriving business, ever. You might be able to fake it for awhile but it will never generate the profits you deserve. Get control of your time and your life and your business will follow. A business requires hours of operation, a set marketing plan and a commitment to bring value to the marketplace, every single day. As a business owner you will own your time and you do have more flexibility, but don't buy into the nonsense that says you can work whenever you want to. This is a poverty mindset and is rooted in laziness. A real business owner isn't looking for an escape from work. They desire to be the best they can be every single day at their workplace, especially when they are the CEO. The most successful business owners are not those who dream of never having to work again, it's those who have to actually discipline themselves when to not work. Typically, working is an enjoyment for them and they get a rush of out creating a result. But an out of control life and schedule can't thrive for very long. So be sure you're committed to the long term of your business goals and not just the excitement of 'making a sale'. #2- Building a business requires focus. Distraction, restlessness and the inability to focus will destroy your business building efforts. There will be days when you'll have to shift between three things in one hour, and people will be looking to you for answers. Are you prepared to do whatever it takes to gain more focus? A business owner can't use personal issues or any excuse as a reason to not be 100% on game every single day. As a professional athlete is committed to their goal, a business owner must also have a rare commitment that doesn't look for opportunity to shrink back. Focus is the result of a good diet, enough sleep and plenty of fresh air and exercise. A wise business owner will look at these key factors as being as important as getting the best write-offs they can on their taxes. These are critical ingredients in a long term, low stress, and highly rewarding business. #3- Building a thriving business requires a plan. When I was bodybuilding I had a workout schedule. Every day of the month mapped out- which days we did arms, which day we beat up the legs, when to do cardio and fat burning, when to cut back on carbs and when to stack up on protein. This is the same mindset and action that a business demands. A plan that is written out and executed. A plan will save you the drama of trying to make decisions when 'play' calls your name and you know you should be working. It will help you to take the time off you deserve and never feel one ounce of guilt. Create your plan, it is an absolute requirement for business. Having a plan, however, is not enough. A business that is thriving is moving forward, is always one step ahead of the competition and implements as quickly as they plan. All out massive action is normal mode of operation. #4-Building a profitable business requires a mentor. Every professional athlete, musician and expert who has gone beyond the norm in any capacity can usually be traced to one common thread- mentorship. When you build a business, you are going to hit some hard roads, stumble a few times, lose money and earn a fortune all in the same year! A mentor gives you a sounding board, a point of reference and experience in which to trust. The single biggest factor and key to my success in life is related to mentorship. I currently have two mentors I regularly work with for business- Kevin Hogan and MaryEllen Tribby. My spiritual life is thriving and strong because of a spiritual life mentor I work with every few months. These people are ambassadors for truth in my life. Being able to see myself, my business and where I am at accurately takes more than just a mirror. Mentors in my life give me a confidence that doesn't exist without them. It protects against horrific mistakes, and propels me forward at a rate that working solo could never accomplish. Find a mentor who has done what you want to do, and has done it over and over again. Make yourself accountable to your mentor. Do not work with mentors who seek to control, dominate and dictate to you. CLUE: If they sound like the "Alpha" and demand you answer, "Ma'am and Sir" it might be a good idea to find a new one. Find a mentor you feel safe with, who inspires but also pushes you forward. Find one who can give tough love without entitlement or abuse.

Laying Your Business Foundation

The current economy is driving more people to start their own business and rightfully so. Business ownership signifies that you have taken the reins of your own destiny. The unfortunate aspect of this decision is that many people are not prepared for what it takes to be a business owner. You've read the articles through media blasts and other sound bits. Start your business in as little as three days. Earn more by working for yourself. Take control of your life by working for yourself. Spend more time with your family and friends. The list goes on and on and on. Although there is a great deal of truth to this but let's be honest. Business ownership is not as glamorous as the media portray it to be. If you decide to take the plunge into business ownership I personally guarantee you the rewards far outweigh the temporary setbacks, delays and pitfalls. I've been a successful business owner since 1987 and believe me if I would have known about "how to" do anything in business Warren Buffet and I would be entrepreneurs co-mingling. I learned through "trial and error" which is very time-consuming and incredibly expensive. Thankfully, your business will not start out dysfunctional. Listen, learn and duplicate what is already established and functioning properly. In this article I will show you "how to" Lay Your Business Foundation. Decide if you want to be in business. This will shave off 10 seconds of your precious time within a 24-hour window. This is very important because most people in business missed this point. They started doing something without thinking or planning and one day all the pieces did not fit into the puzzle. And those missing pieces goes back to the drawing board called decision. Our thoughts dictate the outcome. Think about it, did you start reading this article out of boredom your where you thinking about starting a business? I think the latter answer is correct or you will probably be somewhere else. What type of business? You know what enjoy doing so why not turn it into a profitable business. Now before you take the bull by the horns make sure this business is something other people need and want. Never assume what you like is something other people will pay their money for. Always see from the prospects lenses. If they like your product or service duplicate and legally protect it as quickly and accurately as possible. What you have done is taken a hobby, thought or idea turned into a profitable business. dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao dccwao Location. Do you want a home-based business, store front or virtual business? See why I started off with question #1 and you thought I was being a smarty. These are the kind of decisions only you can answer. Although each of these businesses are somewhat similar each one functions differently. Here's what I mean. Home-based businesses is operated from your personal dwelling; therefore, no overhead costs unless you build onto the existing structure. Let's keep this simple! Either location will require some type of license to operate your business. a.) For home-based businesses check with your municipality for city or county business license requirements; b.) Store front locations will definitely be required to have a business license among other permits, etc. Again, check with your city or county municipality for requirements and; c.) Virtual business licenses can be tricky. Since you are not physically operating from a physical location or home-based a license is probably not required; however, whenever filing taxes you will either use your social security number or obtain an employer identification number (EIN). If you choose the later and use a company name then you must obtain the proper licenses and or permits to operate your virtual business. Note: An occupational license may or may not suffice to operate your business. Again, check with the municipality in your locale for business license and or permits. Financial Resources. Regardless of the size, location or dimension of your business, having MONEY is essential. I know you've heard that it doesn't take money to start a business. Whomever or wherever you heard this is emphatically wrong. Look at it this way. Can you go into a store and make a purchase without funds? The answer is NO you cannot; regardless if you used a credit or debit card, cash and another acceptable method once it arrives at the financial institution it is converted into CASH. Make sure you, an accountant or someone you trust that is money savvy to look over your finances before you take the plunge. If the funds are not there WAIT until you can afford to go into business. Trust me I started my first business with $75 I borrowed from a bill I owed to a debtor. This made me very ill because I did not have enough cash to float me from one crisis to another. Note: Being strategic about starting a business is imperative to your life long plans. If you do not have enough cash I strongly advise that you wait until you do. Another option is to start with a small investment from the dollars you loosely spend on things that do not yield you a return on investment. Supplies and Equipment. Make not mistake you will need both. For a small home-based business your office supplies/equipment yearly average is about $2500+. Keep in mind costs vary according to the type and size of your business. Your supplies/equipment list can be placed on an excel spreadsheet or another suitable software that is comfortable for you. Here is an example of each heading: Description, Amount, Costs, Frequency, Vendor, etc. This will get you started then incorporate other headings as you grow.