If you were to start your own business as an entrepreneur?

What are some of the challenges you would anticipate and how would you deal with them?

#1 Charlie
on Mar 13th, 2009 at 2:31 am

There are no two ways about it, working for yourself is challenging in every aspect but equally rewarding. You need to be on the ball with your book keeping,discipline and time management. Depending on what you wish to sell, you need to be continually, sourcing distributors who will give you quality products and prices that will allow you to have good margins.Don’t settle for twenty and thirty per cent margins because you will not make money.You will need to put in more hours working for yourself than for an employer. I personally will not swap it for anything else.
good luck
#2 blaqnati
on Mar 16th, 2009 at 10:31 am

I have done this & with my degree in Marketing & a degree in Mangement I anticipated understanding the demographics & geographics but since I decided to work from home it opened the door to not having to cater to one type of clientel, my business affords me time & cash leverage while generating between 10-15k/wk, Check out this press release:

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