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You are here: Home > Business > Entrepreneurialism > Making Lemonade: Starting a Business After Ending a Career |
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Casual Articles - Making Lemonade: Starting a Business After Ending a Career
Business Security I were on my own I’d have all the benefits and all the risks.”This article examines business security and provides some practical advise on protecting your business. Unfortunately as any new business knows it isn't long before opening that the first break and enter occurs or another security issue raises it ugly head. Dealing with insurance companies reveals that often the business person is own their own, particularly if the business is targetted numerous times. The more successful your business, the more interest it tends to generate amongst low lifes, and once they have struck they will be back again unless you do something about it.In order to protect your business one of the first things you need to do is establish safe cash flow practises. This includes the basics like not leaving out large quantities of cash in tills or petty cash Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to Who Drives You Up The Wall? What do you do when the money tree starts sprouting lemons?Is there someone where you work who absolutely, totally, and unequivocally drives you up the wall? Do you sometimes feel like climbing the wall all by yourself as the quickest way to escape? If you are saying Yes! Yes! Yes! you have had first-hand experience with "The Frustration Factor," up close and personal.The players of the world are alive and well and ready to drive you up the wall. Some are aggressive, some passive; some are extroverts and others introverts. Whatever their personalities, they are mostly motivated by personal needs, status goals, and insecurities. If their private goals are coincidentally compatible with your company's, so be it. If not, their selfish interests prevail.Rich is an experienced player.Rich's approach to driving people up the wa It’s increasingly common these days to find middle-aged, mid-level managers suddenly faced with huge shifts of circumstance. Down-sizing, bubble-bursting, plant-closing, and consolidating are just some of the forces creating a class of sudden solo-preneurs. At 50-something you face particularly difficult job-hunting challenges. Your salary range is high. Your network is decent after so many years, but jobs at your level are few. You’ve been there, done that, and thought you were finished with all that new trick-learning. A big upset like job loss can provide a shift of perspective-- an opportunity to take stock. What is really important? What do you want to pursue at this point in your life? Is being your own boss the way to go? I spoke with several silverbacks to share their wisdom gleaned from these life changes with a new member of the pack. Dean turned 50 in January of 2005. In May he was fired from his position as marketing director of a high-tech firm. He’s angry at the ease with which an employer could let him go. “Control is a big issue for me. Do I really want to have someone tell what, where, and how? It seems like I work a lot but don’t reap the benefits. If I were on my own I’d have all the benefits and all the risks.” Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to h 5 Steps for Finding Your Dream Job s.1)Attitude There is a famous saying that states “attitude determines altitude”, and when it comes to your career search, your attitude is a key factor. A positive attitude tends to create positive results, so remember these simple things:•Smile when you are talking to potential employers...even on the telephone. People can literally tell when you are smiling, so they will immediately feel your positive energy.•Treat everyone you meet at a potential employer’s site with respect. Don’t feel tempted to talk down to the secretary or receptionist…her opinion will count, and may eliminate you from the running.2) Resume An effective resume is the key ingredient in your find-a-job soup. A resume can make or break your chances for an interview, so take steps to At 50-something you face particularly difficult job-hunting challenges. Your salary range is high. Your network is decent after so many years, but jobs at your level are few. You’ve been there, done that, and thought you were finished with all that new trick-learning. A big upset like job loss can provide a shift of perspective-- an opportunity to take stock. What is really important? What do you want to pursue at this point in your life? Is being your own boss the way to go? I spoke with several silverbacks to share their wisdom gleaned from these life changes with a new member of the pack. Dean turned 50 in January of 2005. In May he was fired from his position as marketing director of a high-tech firm. He’s angry at the ease with which an employer could let him go. “Control is a big issue for me. Do I really want to have someone tell what, where, and how? It seems like I work a lot but don’t reap the benefits. If I were on my own I’d have all the benefits and all the risks.” Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to My Forex Discovery a shift of perspective-- an opportunity to take stock. What is really important? What do you want to pursue at this point in your life? Is being your own boss the way to go?My day-trading journey began after I purchased a stock trading course. I followed the course outline and traded stocks in hopes of cashing in on the roaring 90’s. When the stock market corrected in 2000, I couldn't pay the continuous marginals and consequently lost all my money, approx $200K!About 5 years later, I was ready to jump back in the game. This time trading Foreign currencies, the biggest trading market in the world. I purchased the 4XMade Easy software (with the green and red arrows) for a heft three grand. In addition I paid a monthly live feed and demo traded for over 2 years but could never predict with any degree of accuracy the direction of the market. As a result, I ended up on the wrong side of the trade at a loss.However, I did learn that if I coul I spoke with several silverbacks to share their wisdom gleaned from these life changes with a new member of the pack. Dean turned 50 in January of 2005. In May he was fired from his position as marketing director of a high-tech firm. He’s angry at the ease with which an employer could let him go. “Control is a big issue for me. Do I really want to have someone tell what, where, and how? It seems like I work a lot but don’t reap the benefits. If I were on my own I’d have all the benefits and all the risks.” Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to Transcription: An Opportunity For You n January of 2005. In May he was fired from his position as marketing director of a high-tech firm. He’s angry at the ease with which an employer could let him go.For many, transcription work is a life saver. It is good work. It is a job that is likely to be needed for a long time. And, it provides you with the flexibility that you need. Some times, transcription can be done from home. Other times, it can only be done through the use of specific computers at a location. Nonetheless, there are some things that you will need to do in order to get a job in transcription.While many places on the web would like you to think that there are endless opportunities for individuals looking for transcription work, the fact is that there are only a few and those that are out there want skilled individuals. There are some opportunities available to those who want to do transcription from their homes, but again, these companies want individuals “Control is a big issue for me. Do I really want to have someone tell what, where, and how? It seems like I work a lot but don’t reap the benefits. If I were on my own I’d have all the benefits and all the risks.” Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to Are You Cut Out To Be An Entrepreneur? I were on my own I’d have all the benefits and all the risks.”Are you tired of working for someone else? Do you feel that you have a great idea that can be the start of a great business? Do you see opportunities everywhere you look? Well, then, you might just be an entrepreneur.Before you can know if you are cut out to be an entrepreneur, however, you have to understand just what an entrepreneur is. That is not quite as simple as it sounds since the definition has been changing for nearly 100 years!The first definition was simply someone who invented something. Eventually it turned into someone who owned a business. Neither one of these definitions really got to the heart of entrepreneurship. The best definition I have found, and the one used most often today is this:Someone who organizes, manages, and assumes the risks f Dean is deciding whether to find another job with the security of a regular paycheck and benefits, or start his own business. He finds information on the internet helpful but wishes there was a Big Brother-like program pairing people and businesses to help him sort through the options. Carl was 51 when the ordinance plant where he was safety manager closed its doors. “I had a lot of friends in the business. I could have easily picked up another job but I would have had to relocate halfway across the country. I didn’t want to do that.” Bob was an engineer whose position was eliminated after 23 years with the firm. This sent him into a deep depression that lasted for months. “I couldn’t even drive.” With the help of his psychiatrist, Bob recognized what was most important in his life—his wife, his son, and his lifelong hobby, bird-watching. “My doctor told me to go bird-watching every day. While out there on the wetlands I had a vision. I couldn’t go back to the corporate life.” It takes a lot of stamina and belief in yourself to move ahead with plans for a business. Carl spoke of his state of mind at the time: “I wasn’t frightened. I’m a survivor. I screwed up when I was younger— went bankrupt, lost a lot of material things. One good thing about failing is that it gets you over that fear of failure. You learn from your mistakes.” Both men did a lot of research, internal and external. Bob determined that he loved birds, kids, nature, education, photography, and
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