Start a Business!!

February 1st, 2010 |

Author: dotty

READY TO START YR OWN BUSINESS?

Learn 8 personal qualities needed to become

successful entrepreneur.

http://helpamericaspeople.com/WP/

Now’s the Time to Become Your Own Boss
The mission of this blog, started by the Founders of www.helpamericaspeople.com is to provide you, the burgeoning entrepreneur, with the most current and useful information, research, tips, tools, techniques, advice, etc. about starting your own business.

The mantra of this blog is: there’s no security in working for others.

As an introduction to the NewBizBlog, we’re starting a multi-part article titled: Do you have what it takes to start your own business? Return to this blog for the next 8 postings to read the entire article. Please return to this blog every Monday for a new posting.

Introduction
Let’s begin with the hard facts: According to Dun & Bradstreet and INC. magazine, 33% of all new businesses fail within the first six months. Fifty (50) percent of businesses fail within their first two years of operation and 75% fail within the first three years.

Here’s another reality check from careerbuilder.com about starting your own business: Nearly a million new businesses are started each year. Within five years, more than 85% of those businesses will be closed. It’s likely that a majority of those failures should never have gone into business in the first place. Why? Because the “entrepreneurs” who launched businesses didn’t have the personal characteristics and qualities necessary to beat the overwhelming odds against becoming a successful entrepreneur.

For the next 8 postings, we’ll discuss each of the personal characteristics you need to possess to become a successful entrepreneur.

The 8 Personal Characteristics You Need to Succeed as an Entrepreneur

1. Passion
2. Perseverance
3. Patience
4. Flexibility
5. Timing
6. Decisiveness
7. Planning
8. Work/ Life Balance

The Business Start-up Toolkit – $30.36