Business Savy

so I am moving and came across a few magazines that I have kept throughout the last year- without adequate time to read. I am finding myself inspired by the articles on entrepreneurship. One article titled "The Entrepreneurial Spirit" (Florida Trend Mag.) asks questions regarding starting your own business:

• Am I willing to invest 50-70 hours a week to run a business?
• Am I self-motivated?
• Do I have experience in business skills and leadership?
• Am I willing to risk my savings in a venture?
• Is my family supportive of the time/money I'll have to spend?
• Do I have a product thats in demand?
• Will I need outside financing, do I have a network of affiliants who will provide it?
• Do I know my competitors?
• Will my company have an advantage over existing firms?

A Business plan includes:

• business niche, marketing, management experience, and expenses.
• Target market- is it growing/ shrinking?
• Competition- steengths/ weaknesses/ market share/ pricing strategy
• Benefits of the product/service - its appeal to customers/ business location
• Management team- info on experience of those involved
• Focus plan towards the future

Even more inspiring is an srticle titled "How to fireproof your job" (Money Mag)
It says

• Stand out, Step up- let the higher ups know you are problem solving
• Be a money maker- share client leads ideas to generate revenue if its not part of my responsibilty
• Dont be a debbi-downer- hang out with people the boss respects, the halo of their job may extend to you
• Increase your value- keep on top of advances in your field and expand your expertise beyond your core area
• Go beyond your job descriotion- look for problem spots that you can help fix. pitch in whenever help is needed.
• Make a sacrifice- volunteer to take a pay cut during downturns make you look like a hero.

Blogs that inspire funds:
getrichslowly.org