Posts Tagged ‘start business’
(Extract from article BR Dowling)
1. Some people just don’t want to…great no issue, being an entrepreneur is not the be all and end all. The majority of people who work for themselves work extremely long hours just to get by. Many many others try and fail. Unless you are an extremely unbalanced individual most of us know that the ultimate goal is to lead a happy and fulfilled life during our short allotted time on planet earth. What is a happy and fulfilled life is for each and every one of us to define for ourselves. It is ones of life’s great gifts that we get to set our own standards and goals the fact that many people choose badly and end up miserable is outside the remit of this article. The fact remains that your family, peers, colleagues and every dog on the street may be telling you that fulfilment lies in money/ fast cars/ high profile promotions etc. You are free to decide that for you its flip flops a surf board and enough cash to get by. Screw them it is your life…if you can achieve true happiness for the majority of your life you my friend are the real winner in this silly little game.
2. The Fear Factor…. Given that you are reading an article like this you probably are not surfing at the moment, so you think that you want a crack of the entrepreneurial whip. Ok then. The Fear Factor holds more people back from starting their own business than probably anything else. The old ‘what if’ deamons have caused millions of would be entrepreneurs to turn back and walk away from the scary dark edge with its lurking dangers and uncertain hidden treasures. For its sheer ability to slay ideas and dreams the fear factor remains the number one reason that people do not give it a go.
3. People are lazy…..Sad but true may people would kind of like to be successful but will never make the effort to actually make it happen. It is so much easier to talk about doing stuff and to wait ‘till the time is right’ than to actually go for it. If you are in this category please take the following advice. Admit it to yourself!!. By giving up the game you will take the pressure off yourself, focus on something else that you enjoy and get on with your life. This may seem harsh but it is a case of being cruel to be kind. There is a window of opportunity in everyone’s life to start their own business, this is not age specific but for every Colonel Saunders who founded KFC in his sixties there are hundreds of people who put themselves financially and physically at risk at a time in their life when they should be looking to retirement. There are exceptions to every rule but being successful involves being smart and realistic.
Important note: beware the disgruntled would be entrepreneur, this is a dangerous breed that will be full of stories about how they nearly invested in this or that that would have made them a fortune. They nearly patented some form of widget that would have been a runner etc. Avoid at all costs, they will have nothing positive to say about your plans but will be able to tell you how they tried ‘something like that’ and it didn’t work out. They will hate to see you succeed, you don’t want to be around this kind of energy.
4. People lack personal confidence and therefore (they think) the ability to run a business. A lack of personal confidence will kill the entrepreneurial spirit in those afflicted by it. It undoubtedly has other negative implications on their life but again these falls outside the purpose of this book. Entering the battleground of business with little or no personal confidence or self belief is as stupid as it gets. Sort it out…life is too short.
After the annus horribilis that was 2009, things are off to an altogether more positive start in 2010. With talk of Ireland coming out of recession in the latter part of this year things are finally looking up.
Business is still tough and there is no doubt that there are still huge challanges to overcome i.e. getting bank funding etc. however this is still a great time to be getting into business. For one thing there is a new sense of reality out there and from recent experience there seems to be a more flexible approach from landlords, suppliers etc re: getting deals done. There is also a lot of bargains to be snapped up in liquidated stocks, businesses etc, one mans loss and all that.
Here at startups we also have big plans for the year ahead. We are looking to find a web editor to drive the business forward, enhance content and commercialise the site. Please let us know if you have any suggestions for the site and we will try to implement them.
Thanks for your support last year and please keep checking back with us,
All the best,
God decided to take the devil to court and settle their differences once and for all. When Satan heard this, he laughed and said, “And where do you think you’re going to find a lawyer?”
Legal advice is a necessary evil. My advice re lawyers is as follows; to succeed you will need a good team of professionals around you. You will need a great accountant, a Tax adviser and at least one good solicitor. The danger when dealing with professions such as lawyer, accountant etc is to assume that because the person you are dealing with is qualified they must be good.
You need to get the sense that your solicitor is taking you and your case seriously. If your calls are not being returned promptly and you get the impression that you are wasting their valuable time, tell them that you have resolved the issue, settle your surprisingly large bill and walk. Bring the work that the previous crap solicitor did for you to another one and tell them that you fired the last guy because he was not up to scratch.
One letter from a solicitor can cost up to €500 so make sure you have an idea of costs before you engage one. Let them know how much you have to spend. Most business disputes can only be resolved in the high court which will set you back at least 10K so avoid even venturing down the legal road at all costs because the only people who win at the end of the day are you know who!.