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1. Starting a Small Business is Easier Work
This isnt true. You'll probably work harder. A small business needs more work to survive. However, the potential to earn is more. The difference is, at work you would balk at overtime. With your small business, you may actually enjoy working overtime because you are caring for your own business.
2. MYTH: I'll be the boss.
You may be the boss of your company. But you will still have to please someone else: the client. So in truth, they are the boss. Make sure you keep them happy and well served.
3. MYTH: I Can Now Ratchet Up My Asking Price
We often think that we work too much and are paid too little. When starting a small business we may be tempted to think that we can now push for a price more befitting our skills. However, we should remember that we have competition who might be offering their services for a pretty low amount. We always have to be competitive and practical. And exorbitant pricing may not help our small business any much.
4. MYTH: I Dont Have to Deal with People I Dont Like Anymore!
Unfortunately, no. You might find that the clients you now have may be pushier than your boss. And as we said in number 1, your clients are your boss. The goal here is for you to have more and more clients. So from here does it follow that the more the clients, the more the bosses, the more the headaches?
5. MYTH: I Own My Time!
Small Business Merchant Accounts This article provides useful, detailed information about Small Business Merchant Accounts.
Most small business owners find themselves in a Catch 22 situation because on one hand, they need to increase the customer base, but on the other hand, they cannot hire enough employees to service these new customers. Small business merchant accounts can help the small business owner to over come this dilemma. Small business merchant accounts allow the business owner to accept payments from customers in various modes such as credit cards, checks, and other electronic mediums. Electronic check ..
Yes, you do own your time. Unfortunately you will find yourself using more and more of this time to tend to your business. So ultimately, no, you wont gain much in the time department.
6. MYTH: I can't work any harder. I can't do all this.
Do you know that they most managers give more jobs to busy employees because they seem to know how to balance and allocate their time? The key to working more is to work smarter, not harder.
This will take a lot of organization, but being able to accomplish much in less time will prove to be its own reward.
7. MYTH: Freedom at Last!
Free from what? And free to do what. Yes, you will have more leeway to do things when you want to. But this does not mean that you will be free to do nothing. Or be free to do something else than tend to your business when you have to.
8. MYTH: Im in Charge. Therell be No Mismanagement from Me.
You may think that your boss was foolish not to listen to your suggestions regarding work. But unless you are on the hot seat, you will not appreciate how hard management really is.
5 Steps to Success In Life and Business for Small Business Owners
Everyone wants to succeed in life. As Small Business Owners you want to succeed in business. No one starts a business of any sort wanting to fail.
Yet the sad fact is that 80% of businesses will fail in the first 3 years of operation.
So what can small business owners do to ensure your success?
Luckily these five simple (never confuse simple with easy), tried and tested steps dramatically increase your chances.
1. Vision
It might seem like management gobbledigook or newage psychobabble but all the evidence is that developing and articulating a vision for your business and life is a ..
9. MYTH: If I'm good, I'll be a success immediately.
The unfortunate reality of life is that sometimes, talent and hard work are not rewarded. However, if one is patient with his or her small business, the chance that that business will turn out to be a success increases. So always be practical in your expectations of success. Dont count your chicks when the eggs havent hatched yet.
10. MYTH: I Can Motivate Myself
No man is an island, remember? In any business, your first line of security is your friends and family members. They will help you assess yourself and should be ready with a kind word or two to motivate you to start your own business. But aside from them you should be driven yourself. Without this drive you might not find the fortitude needed to weather the trials that beset starting businesses.
About the author:
Daegan Smith is the leader of the fastest growing team of successful home business enterpernuers on the net. Find out how we're creating financial freedom all across the globe and how to get in on the action FREE => http://www.comlev.com
Daegan SmithMyths About Starting Your Own Small Business
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