Monday, February 10, 2014

Starting business tips from Dave Ramsey

"Working for yourself is one of the toughest things you can do for a career, and you better make sure you're doing something you love because it'll take years of blood, sweat and tears to be successful.

Think about something you'd want to be doing every day five years from now and have anywhere from 20 to 200 people doing it with you. You'll always do a better job and have more fun when you're involved with something you love. When it comes to running the business, pay cash, have a written game plan and don't be afraid to grow slowly. Lay out a smart business plan ahead of time, and know everything from your marketing strategies and cost of start-up equipment and supplies to what your projected revenues are and the per unit charges for all your little widgets. Lay this all out like you had to prepare a report for a college class, and that's what a business plan looks like.

You might not make $100,000 your first year, but who does? Just take your time. Be patient, be smart and give people a quality product and professional service. If you'll do those things, chances are you'll be a success."

Source:The Holland Sentinel