Often when we get the electric bill in our mailbox our heart skips a beat because we know that the amount will shock us. No matter how much we prepare, and if you are like me you put that bill to the side and think about how high it will be. Every month as we grumble about how expensive it is we forget to think about the actual steps we need to take to effect a chance. Here are a few easy steps to effect a lasting change in the amount of your electric bill.
Step one: You must get the cooperation of all your family members in your quest to save electricity. If you show them how easy it is you will ensure their cooperation. You can also give them concrete tips on saving electricity like turning off the lights as they leave the room and turning off all the appliances including video games when not watching. You can offer incentives if their changes have resulted in savings.
Step two: Sometimes we leave lights on without thinking of the ramifications. Some of the often forgotten lights are exterior home lights and night lights. Some lights are needed but consider replacing exterior flood lights with motion detector lights and only put night lights in the rooms that they are actually needed. Taking these small steps can result in long-term savings by reducing usage.
Step three: The easiest thing to do without disrupting your whole household is to replace all the incandescent bulbs present in your home with compact fluorescent light or those CFL bulbs. These bulbs use less electricity give our the same or if not more light.
Step four: It's well worth it to spend the money for the new energy saver gadgets that are sold in the local hardware stores. They will monitor you total household usage and make it easy for you to adjust your usage as needed.
Step five: We usually assume that the our high electricity bill is due to the number of electrical gadgets we have but many times its dependent on the way they are used. We should only wash clothes when we have a full loan, wash dishes when the dishwasher is full or just wash by hand, and we can turn off as many electrical gadgets when they are not being used.
Step six: Lastly, the best way to reduce or even eliminate your electricity bill is to generate your own energy at home using free, renewable energy sources. In this way we can save energy, take care of the environment all the while putting thousands back into our pockets. We can reduce our dependence on our electric company and use renewable wind, sun, etc at a reasonable price.
Saturday, December 25, 2010
Saturday, December 4, 2010
Your Friendships Will Determine Your 2011
I once read: “A friend is someone who understands
your past, believes in your future, and accepts you
just the way you are.”
However I have come to terms also with the fact that,
our friendship alliance either make or mar us and people
change either we like it or not. (Sometimes through our
doing but mostly through no fault of ours)
A good friend today may become your worst nightmare
tomorrow either for reasons that can range from the choice
of person you marry, your success, your accomplishments,
your societal upward movement and a lot of varied reasons.
(call it bad bele.. or whatever)
It is your responsibility to access your friendships regularly
and do a re-categorisation as required to help you move at
the greatest possible speed you can think of.
To do this, you need to understand that there are 5 types
of friends you can have:
Plus Friends (+)
Minus Friends (-)
Multiplication Friends (x)
Division Friends (/)
Neutral Friends
And those names are explicit. You might argue that a friend
who divides your life isn’t really a friend but an enemy and
should be off the list but that’s where you are wrong because
most times, THEY are friends!
Think of Jonah (bible students). He was on the ship and
everything went upside down. Guess what, the cause of the
trouble himself was asleep!
The worst kind of friends you can have are the minuses and
divisions and it is not difficult to identify them. They are
friends that EACH time you have contact with them something
happens, and something is taken from you. I mean, you just
experience a loss… strictly speaking they are BAD
news.
Plus and Multiplication friends do just that. Think back all
through 2010 and remember those moments when you needed yam
desperately and someone walked in carrying it. Or think of those
moments when you needed to make a decision AND a friend called
in, chatted with you and gave you the solution without ever
knowing. Or those friends who are always there to point out to
you that you are about to make a silly move and who
hinder you from walking to shame.
Yes, those are the great friends! They motivate you, believe
in your dreams, accept your person, are genuinely interested
in your success, rejoice with your achievements EVEN when they
are yet to attain same, are those who pull you up when they
are ahead.. they are just GREAT men and women around your life!
Neutral friends are friends who neither do you harm of
add anything to you. They are just there. You may hang out
and all but in truth, they are just neutral.
Now, today’s exercise.
Fireup your text editor (MS word) and list all your friends.
Everyone of them you can remember in the next 5minutes.
They are probably the ones that matter and ask yourself
this question:
In 2010 what kind of friends has (So and So) been to me?
Put either a +, - , /, x or an N to signify neutral in front
of your list.
At the end of the exercise, evaluate the ratio and try to
find out which type of friend is the greatest in your life
and here is something I can conclude about your life by looking
at the list.
1. Your life is a mess or going to be a living hell VERY soon
if more of the people you call friends are minuses or
divisions because you aren’t going anywhere!
2. You are happy and progressing faster than you ever imagined
because your friends are progressive people who believe in you,
share your dreams and are happy about your success. They are
positives! Pluses and multiplications.
AND that is not all.
Run through that list again and for each of your friends ask the
question:
“What kind of a friend am I to these people” be honest.
Now, in 2011 you need to build quality relationships. Drop off
friends who are taking you nowhere and start forming new alliances.
If you wish to be finan cially free, start seeking people who
have the same thinking. If you want to become a landlord, move
with people who thirst for same. Want to have a great relationship,
step out of friendships where all of you in the same clique
have damaged relationships and seek out people with healthy
relationships so they can challenge and motivate you.
If your future in 2011 matters to you, you will take this seriously
because you cannot continue to live your life the very same way
and expect a different result!
Success is never a union of liabilities!
TIP:
If you need N50k now now. Can you get 5 friends to borrow you
N10k each for a week? If no, I am guessing that you are in an association
of people who are either constantly broke, live on borrowed funds, or
are jobless. Its time to change your associations. Please permit the
example, I am only trying to make a point since I have discovered in
the last 8years that people understand examples better when you
attach monetary values. This example can be applied to every area
of your life.
If you have a martial issue now, can you get 5 friends who don't have
one who can talk sense into you? If you were to suddenly pick up a
vice habit, are there 5 friends who don't have that vice who can talk
sense to you etc
your past, believes in your future, and accepts you
just the way you are.”
However I have come to terms also with the fact that,
our friendship alliance either make or mar us and people
change either we like it or not. (Sometimes through our
doing but mostly through no fault of ours)
A good friend today may become your worst nightmare
tomorrow either for reasons that can range from the choice
of person you marry, your success, your accomplishments,
your societal upward movement and a lot of varied reasons.
(call it bad bele.. or whatever)
It is your responsibility to access your friendships regularly
and do a re-categorisation as required to help you move at
the greatest possible speed you can think of.
To do this, you need to understand that there are 5 types
of friends you can have:
Plus Friends (+)
Minus Friends (-)
Multiplication Friends (x)
Division Friends (/)
Neutral Friends
And those names are explicit. You might argue that a friend
who divides your life isn’t really a friend but an enemy and
should be off the list but that’s where you are wrong because
most times, THEY are friends!
Think of Jonah (bible students). He was on the ship and
everything went upside down. Guess what, the cause of the
trouble himself was asleep!
The worst kind of friends you can have are the minuses and
divisions and it is not difficult to identify them. They are
friends that EACH time you have contact with them something
happens, and something is taken from you. I mean, you just
experience a loss… strictly speaking they are BAD
news.
Plus and Multiplication friends do just that. Think back all
through 2010 and remember those moments when you needed yam
desperately and someone walked in carrying it. Or think of those
moments when you needed to make a decision AND a friend called
in, chatted with you and gave you the solution without ever
knowing. Or those friends who are always there to point out to
you that you are about to make a silly move and who
hinder you from walking to shame.
Yes, those are the great friends! They motivate you, believe
in your dreams, accept your person, are genuinely interested
in your success, rejoice with your achievements EVEN when they
are yet to attain same, are those who pull you up when they
are ahead.. they are just GREAT men and women around your life!
Neutral friends are friends who neither do you harm of
add anything to you. They are just there. You may hang out
and all but in truth, they are just neutral.
Now, today’s exercise.
Fireup your text editor (MS word) and list all your friends.
Everyone of them you can remember in the next 5minutes.
They are probably the ones that matter and ask yourself
this question:
In 2010 what kind of friends has (So and So) been to me?
Put either a +, - , /, x or an N to signify neutral in front
of your list.
At the end of the exercise, evaluate the ratio and try to
find out which type of friend is the greatest in your life
and here is something I can conclude about your life by looking
at the list.
1. Your life is a mess or going to be a living hell VERY soon
if more of the people you call friends are minuses or
divisions because you aren’t going anywhere!
2. You are happy and progressing faster than you ever imagined
because your friends are progressive people who believe in you,
share your dreams and are happy about your success. They are
positives! Pluses and multiplications.
AND that is not all.
Run through that list again and for each of your friends ask the
question:
“What kind of a friend am I to these people” be honest.
Now, in 2011 you need to build quality relationships. Drop off
friends who are taking you nowhere and start forming new alliances.
If you wish to be finan cially free, start seeking people who
have the same thinking. If you want to become a landlord, move
with people who thirst for same. Want to have a great relationship,
step out of friendships where all of you in the same clique
have damaged relationships and seek out people with healthy
relationships so they can challenge and motivate you.
If your future in 2011 matters to you, you will take this seriously
because you cannot continue to live your life the very same way
and expect a different result!
Success is never a union of liabilities!
TIP:
If you need N50k now now. Can you get 5 friends to borrow you
N10k each for a week? If no, I am guessing that you are in an association
of people who are either constantly broke, live on borrowed funds, or
are jobless. Its time to change your associations. Please permit the
example, I am only trying to make a point since I have discovered in
the last 8years that people understand examples better when you
attach monetary values. This example can be applied to every area
of your life.
If you have a martial issue now, can you get 5 friends who don't have
one who can talk sense into you? If you were to suddenly pick up a
vice habit, are there 5 friends who don't have that vice who can talk
sense to you etc
Friday, November 19, 2010
Ways to be indispensable in your job
You want to make yourself indispensable at job? You want to duck the tide of lay offs during the time of recession? We are passing through hard times and instead of hiring, firing has become the norm for companies. So How to protect your job at this time? How to make yourself indispensable? Try to follow some simple steps.
Take Account of Your Strengths and Weaknesses: Making yourself indispensable at job requires you to make some analysis of yourself, your strengths and weaknesses. Taking stock of your strengths and weaknesses will help you narrowing down your area of expertise. And you will know for sure where you can excel and others can notice you too. Devise two plans for yourself, long term and short term.
Look for Broader Picture: If you are working for a company, make some changes in your attitude too. Instead of seeing things from a narrow perspective try to take into account the overall picture of your company. That will help you in taking right decision for the company. It will increase your understating and you can come out with right kind of solutions to your problems.
Update Your Knowledge Base: You are responsible for your career advancement. No one else come to do so during recession time. Develop your knowledge base that might prove beneficial for your company. Take part time courses to update your skills and knowledge base.
Develop Problem Solving Skills: Every company requires this skill. Normally employees fret and fume over problems or suggest ways how this problem can’t be solved. But instead going for this self indulgence, try to gather materials regarding the area you are working in. Read how other companies have faced similar problems and how they solved it. This will enrich your problem solving skills and you might find completely new solutions to the problems your company is facing.
Suggest Ways to Cut Down Expenses: This is an endearing quality of employees. Every company wants to minimize expenses and maximize profits. If you know of some ways to cut down expenses don’t keep it to yourself. Suggest it during meetings and give it in written to the concerned person.
Don’t Encroach on Others Rights: While enriching your knowledge base and self improvement you should not send out signals that you are out to do two peoples job. This will create negative feeling for you among your peers and rumor mongers can unleash their full force against you. Instead of sending feelers that you can do others jobs too, try filling the gaps that nobody is looking at or even aware that these shortcomings. If you deals with data, try to arrange it in such manner that even non-technical person can be able to find out what he is looking for. If you deal with recruitment, find out the efficient pool of candidates in less expensive manner.
Good Salesmanship: This need is required by everyone, be it an artist, self employed entrepreneurs or the president of a country. Don’t expect that you keep on providing excellent services and others will naturally take notice of you. You have to show the results of your hard work to the concerned persons. If your policies resulted in cost savings prepare a balance sheet and show it to the concerned person.
Be Good at What Your Boss is Weak At: Think of your boss’s weaknesses. He/she might be good at something but not at other things. Pay attention to his weaknesses and try to do that work yourself. Your boss might not be good at writing proposals but he might be good at pointing what is lacking in a proposal. To speed up the work, you can draw the first copy of the proposal and your boss will finalize it by pointing out what else should be incorporated in the existing copy. That will save time of the both.
Develop a Brand for the Company You Work: It doesn’t mean that you take over your brand manager. It simply means be your company’s spokesperson whenever the need arises. But your superiors too should know of your efforts.
Making yourself indispensable at the job is not difficult at all. You have to keep your eyes and ears open. You have the knack to sense opportunity and making the most of it.
Take Account of Your Strengths and Weaknesses: Making yourself indispensable at job requires you to make some analysis of yourself, your strengths and weaknesses. Taking stock of your strengths and weaknesses will help you narrowing down your area of expertise. And you will know for sure where you can excel and others can notice you too. Devise two plans for yourself, long term and short term.
Look for Broader Picture: If you are working for a company, make some changes in your attitude too. Instead of seeing things from a narrow perspective try to take into account the overall picture of your company. That will help you in taking right decision for the company. It will increase your understating and you can come out with right kind of solutions to your problems.
Update Your Knowledge Base: You are responsible for your career advancement. No one else come to do so during recession time. Develop your knowledge base that might prove beneficial for your company. Take part time courses to update your skills and knowledge base.
Develop Problem Solving Skills: Every company requires this skill. Normally employees fret and fume over problems or suggest ways how this problem can’t be solved. But instead going for this self indulgence, try to gather materials regarding the area you are working in. Read how other companies have faced similar problems and how they solved it. This will enrich your problem solving skills and you might find completely new solutions to the problems your company is facing.
Suggest Ways to Cut Down Expenses: This is an endearing quality of employees. Every company wants to minimize expenses and maximize profits. If you know of some ways to cut down expenses don’t keep it to yourself. Suggest it during meetings and give it in written to the concerned person.
Don’t Encroach on Others Rights: While enriching your knowledge base and self improvement you should not send out signals that you are out to do two peoples job. This will create negative feeling for you among your peers and rumor mongers can unleash their full force against you. Instead of sending feelers that you can do others jobs too, try filling the gaps that nobody is looking at or even aware that these shortcomings. If you deals with data, try to arrange it in such manner that even non-technical person can be able to find out what he is looking for. If you deal with recruitment, find out the efficient pool of candidates in less expensive manner.
Good Salesmanship: This need is required by everyone, be it an artist, self employed entrepreneurs or the president of a country. Don’t expect that you keep on providing excellent services and others will naturally take notice of you. You have to show the results of your hard work to the concerned persons. If your policies resulted in cost savings prepare a balance sheet and show it to the concerned person.
Be Good at What Your Boss is Weak At: Think of your boss’s weaknesses. He/she might be good at something but not at other things. Pay attention to his weaknesses and try to do that work yourself. Your boss might not be good at writing proposals but he might be good at pointing what is lacking in a proposal. To speed up the work, you can draw the first copy of the proposal and your boss will finalize it by pointing out what else should be incorporated in the existing copy. That will save time of the both.
Develop a Brand for the Company You Work: It doesn’t mean that you take over your brand manager. It simply means be your company’s spokesperson whenever the need arises. But your superiors too should know of your efforts.
Making yourself indispensable at the job is not difficult at all. You have to keep your eyes and ears open. You have the knack to sense opportunity and making the most of it.
Tuesday, November 16, 2010
How volunteering can land you a job
When you volunteer your time, you open yourself to a plethora of job opportunities. If you are currently unemployed, you might ask, "If I cannot find a paying job, why would I use my time to work for free?" You'd have a very valid question, and this article will help you to see why working for "free" may pay you more for your time than you thought possible. There are many reasons people volunteer their time. Some people are retired and enjoy spending time sharing their expertise with the community in their spare time. Other people have a very strong passion for some issue, whether it is poverty, the environment, civil rights, or some other issue personal to them, so they spend time working toward improving the conditions affecting their cause. Working for some goal in that way is incredibly gratifying in itself; however, there are ways you can work toward a passion while gaining some powerful benefits outside of improving the lives of others.
* Gaining New Skills: Volunteering is a great way to acquire experience that your past jobs or internships did not provide. Examples could be: Organizing a fundraiser to gain project management skills or coordinating a project for leadership and management skills.
By volunteering your time for an agency or a group, you can not only gain valuable work experience, but you can inherit important points of contacts as well as a reputation for the good things you do in your community. Aside from gaining those benefits which can help you acquire a good job, you may be able to learn what you need to learn so that you can launch your own business. The contacts you make and the knowledge you gain from your volunteer work will expose you to key concepts of many types of businesses.
* Make Networking Contacts: You never know who you might meet while volunteering. In fact, almost 43% of volunteers have at least a bachelor’s degree—so there is a good chance you will meet a professional while volunteering. If you volunteer at places related to your target career, you may meet people who are working in jobs similar to the one you want.
If you have a specialty, whether it is music, art, writing, or a more technical specialty such as computer programming, you can volunteer to teach a class for one day a week with your local Adult and Community Education Center. Those centers are usually part of the public school system, and they generally offer paid positions, but they sometimes solicit for volunteer teachers. By volunteering your time, you can show that you are adept at teaching the skill, and you can show that you are an asset to the center as an instructor. You might gain a paid position with the center, but you will also connect your skills to the community. A future employer can see that you taught a class on a subject and may hire you if that subject is in any way significant toward the skills needed to perform the job you are seeking.
* Emphasize your ambition: Volunteering shows you have a sense of civic responsibility and that you have a charitable side. Employers are looking for future employees that have passion and involvement with the community.
* Add New Experience: Be sure to include your responsibilities on your résumé. Mention duties, accomplishments, results, and awards just as you would for employment. Be sure to include the organization name and dates.
Volunteer experience is also professional experience. List the organization and dates, and instead of using the title "volunteer," use your responsibilities as a title -- "project coordinator" or "instructor." Mention your accomplishments, results, or awards like any other job, without being misleading.
Using your time to gain new skills and help your community -- either while looking for employment or while working -- highlights your willingness to jump in, learn new things, and do more.
* Gain Self-worth and Confidence: Volunteering can help you impact the lives of others. There are opportunities to tutor, plan events, coordinate programs, etc. Volunteering will give you the feeling that you have made your community a little better.
* Gaining New Skills: Volunteering is a great way to acquire experience that your past jobs or internships did not provide. Examples could be: Organizing a fundraiser to gain project management skills or coordinating a project for leadership and management skills.
By volunteering your time for an agency or a group, you can not only gain valuable work experience, but you can inherit important points of contacts as well as a reputation for the good things you do in your community. Aside from gaining those benefits which can help you acquire a good job, you may be able to learn what you need to learn so that you can launch your own business. The contacts you make and the knowledge you gain from your volunteer work will expose you to key concepts of many types of businesses.
* Make Networking Contacts: You never know who you might meet while volunteering. In fact, almost 43% of volunteers have at least a bachelor’s degree—so there is a good chance you will meet a professional while volunteering. If you volunteer at places related to your target career, you may meet people who are working in jobs similar to the one you want.
If you have a specialty, whether it is music, art, writing, or a more technical specialty such as computer programming, you can volunteer to teach a class for one day a week with your local Adult and Community Education Center. Those centers are usually part of the public school system, and they generally offer paid positions, but they sometimes solicit for volunteer teachers. By volunteering your time, you can show that you are adept at teaching the skill, and you can show that you are an asset to the center as an instructor. You might gain a paid position with the center, but you will also connect your skills to the community. A future employer can see that you taught a class on a subject and may hire you if that subject is in any way significant toward the skills needed to perform the job you are seeking.
* Emphasize your ambition: Volunteering shows you have a sense of civic responsibility and that you have a charitable side. Employers are looking for future employees that have passion and involvement with the community.
* Add New Experience: Be sure to include your responsibilities on your résumé. Mention duties, accomplishments, results, and awards just as you would for employment. Be sure to include the organization name and dates.
Volunteer experience is also professional experience. List the organization and dates, and instead of using the title "volunteer," use your responsibilities as a title -- "project coordinator" or "instructor." Mention your accomplishments, results, or awards like any other job, without being misleading.
Using your time to gain new skills and help your community -- either while looking for employment or while working -- highlights your willingness to jump in, learn new things, and do more.
* Gain Self-worth and Confidence: Volunteering can help you impact the lives of others. There are opportunities to tutor, plan events, coordinate programs, etc. Volunteering will give you the feeling that you have made your community a little better.
Starting your own business. Is it the answer?
Have you given starting you own business a thought? Have you thought of leaving your present job for you own personal business? Whether starting your own business is something you have always dreamed of or it is one option after an unexpected layoff or after a long period of job search, there are several points to consider before striking out on your own.
A new business is like a new baby. Starting your own business is like giving birth to a new baby and taking care of your baby. A baby is very tender therefore you need to take adequate care of the baby. Taking care of a baby in the real sense can lead to a lot changes in your lifestyle. For example : you many stop keeping late night or maybe stop smoking at home or stop seeing a number of friends .The same principle applies to your business start-up . Your new “baby” requires constant attention and will keep you up at night. But with your commitment, time and energy, it will grow and hopefully make you proud.
Being an entrepreneur does not mean success You may be very passionate about being a business owner, but take a minute, putting your passion aside, ask your self these questions:
Do people want my product or service?
Take an unbiased opinion poll of what your supposed market thinks about your product or service. Do people really need what you are about doing. Can the product or service drive the market? What is the future of the business? Will it die off soon?
Do you have the interest and ability to constantly market it to new consumers?
Interest without ability won’t work and vice-versa, with the ability and interest, your business will grow. Your start-up and your business skills must carry it to success.
Do I have entrepreneurship traits?
Not everyone is an entrepreneur If you cannot live with uncertainty, you cannot make a good entrepreneur. If you can’t control people or be a good team lead then starting up a business is not for you. If you possess the traits listed below, you can live in uncertainty:
You are not sure of your pay at the end of the month. Your income depends on your effort and “fate”
You can delay gratification: starting a business may mean investing “all” or nearly all you have in the business. This may leave you broke for a period of time.
You are persistent: You do not give up easily. You can try doing the same thing, different ways many times, even if it is not smooth.
You can bounce back after disappointment
If disappointment does not deter you from doing what you want to do ,then you can make an entrepreneur.
You can find creative solution to problems
You are in good health-Running your own business can be exerting. It is not advisable for people with ailments that worsen under immense stress to run their own business because the success and failure of the business depends on “you.”
You have an optimistic mindset.
Entrepreneurs need stamina to persevere in the face of setbacks and failures they will inevitably face. Be honest you can live the life of a not -yet -successful business person.
The boss cleans the trash.
Working for yourself can be liberating – no boss to answer to or office gossip to listen to .But there is no receptionist to screen your calls or attend to people, no cleaning service to tidy up your office and no messenger to run errands.
New entrepreneurs often neglect to prepare their minds for the unwanted roles they must take on to keep their business up and running. If your ego cannot handle these stuffs, you may have problems adjusting.
It is going to cost you.
Starting a business can be a huge financial drain until you become profitable. Think seriously about whether you have enough money saved to survive without an income for one or two years. Not only will you be spending money on this new venture, but you will also be spending a great deal of time on it. If you do not have support and encouragement from the important people in your life (wife, parents, siblings,etc), your starting may be a lonely, uphill battle.
A new business is like a new baby. Starting your own business is like giving birth to a new baby and taking care of your baby. A baby is very tender therefore you need to take adequate care of the baby. Taking care of a baby in the real sense can lead to a lot changes in your lifestyle. For example : you many stop keeping late night or maybe stop smoking at home or stop seeing a number of friends .The same principle applies to your business start-up . Your new “baby” requires constant attention and will keep you up at night. But with your commitment, time and energy, it will grow and hopefully make you proud.
Being an entrepreneur does not mean success You may be very passionate about being a business owner, but take a minute, putting your passion aside, ask your self these questions:
Do people want my product or service?
Take an unbiased opinion poll of what your supposed market thinks about your product or service. Do people really need what you are about doing. Can the product or service drive the market? What is the future of the business? Will it die off soon?
Do you have the interest and ability to constantly market it to new consumers?
Interest without ability won’t work and vice-versa, with the ability and interest, your business will grow. Your start-up and your business skills must carry it to success.
Do I have entrepreneurship traits?
Not everyone is an entrepreneur If you cannot live with uncertainty, you cannot make a good entrepreneur. If you can’t control people or be a good team lead then starting up a business is not for you. If you possess the traits listed below, you can live in uncertainty:
You are not sure of your pay at the end of the month. Your income depends on your effort and “fate”
You can delay gratification: starting a business may mean investing “all” or nearly all you have in the business. This may leave you broke for a period of time.
You are persistent: You do not give up easily. You can try doing the same thing, different ways many times, even if it is not smooth.
You can bounce back after disappointment
If disappointment does not deter you from doing what you want to do ,then you can make an entrepreneur.
You can find creative solution to problems
You are in good health-Running your own business can be exerting. It is not advisable for people with ailments that worsen under immense stress to run their own business because the success and failure of the business depends on “you.”
You have an optimistic mindset.
Entrepreneurs need stamina to persevere in the face of setbacks and failures they will inevitably face. Be honest you can live the life of a not -yet -successful business person.
The boss cleans the trash.
Working for yourself can be liberating – no boss to answer to or office gossip to listen to .But there is no receptionist to screen your calls or attend to people, no cleaning service to tidy up your office and no messenger to run errands.
New entrepreneurs often neglect to prepare their minds for the unwanted roles they must take on to keep their business up and running. If your ego cannot handle these stuffs, you may have problems adjusting.
It is going to cost you.
Starting a business can be a huge financial drain until you become profitable. Think seriously about whether you have enough money saved to survive without an income for one or two years. Not only will you be spending money on this new venture, but you will also be spending a great deal of time on it. If you do not have support and encouragement from the important people in your life (wife, parents, siblings,etc), your starting may be a lonely, uphill battle.
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