Starting a New Business? Here’s the Tips You Need to Reduce the Risks
Most people, at one time or another, have a job, their time and effort being rewarded with wages or salaries. An increasing number of people, however, are becoming dissatisfied with that time-and-effort economy and seek the greater rewards that a results-economy can provide. This change inevitably means establishing their own businesses, working for themselves, and – if necessary – employing others. This transition from a time-and-effort to a results-economy is a major personal growth experience that can occur with the minimum of risk if you heed this important advice… 1. Know what it takes to succeed. People who succeed in a results-economy believe two things – that they are prepared to rely only on their own ability to achieve financial security; and that they will never get any opportunity in life unless they have first created value for someone else. Those two considerations identify entrepreneurial behaviour, which applies to any [...]