The seeds of many great businesses grow during tough economic times. Today, more than ever, we control our own destinies. You no longer have to have the traditional college degree to succeed. You must, however, know how to access and act on information, information that is available at the touch of a button.
Gone are the days of guaranteed, life-long jobs; changes are happening too fast. You can take your future into your own hands by starting your own business. Most people have the desire, but not the courage, to work for themselves. Here's a simple formula for building the backbone of your business:
Desire + intent = Courage
Courage +knowledge = Plan
Plan +hard work = The birth of your business
Your new business + smart marketing = A profitable business
A profitable business + systemization and continued monitoring and adapting =
A very profitable business
Personally, I believe that the world's economies will continue to decline. I live in Boulder, Colorado, the most educated town in America. There aren't many visible signs of a decession here (it's hard to call it a recession or a depression). The average household income is about $80,000. But today in the business section I noticed today that bankruptcies have at least quadrupled from last year. In my little world, that is a sign.
Our economic base is cracking. The government cannot fix the problem by spending massive amounts of money. Big bloated corporations groveling at the feet of shareholders is not the solution either. Corporations have to stop making short term decisions to meet quarterly expectations. It will be innovation, powered by the entrepreneurs of the new economy, which will rescue us before the walls come crashing down.
Control your own destiny!
Showing posts with label Small business. Show all posts
Showing posts with label Small business. Show all posts
Monday, April 13, 2009
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