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Index Page › Companies & Business › Business Planning & Strategy
 

5 Bad Reasons For Starting A Business

 
Author: DJ Nelson

Its the 15th of the month and you need to make rent by the 30th The only things that I can think of that guarantee a lot of money in a short time period are illegal. If you need a paycheck in two weeks then you are better off getting a job.

Everyone is doing it- Its true, a lot of people are starting businesses but at the same time a lot of people are failing in business.

You think it will be easier than going to work everyday Easy is a relative word. If you dont like being around people and you hate driving it may be easier for you to stay at home and work. But that doesnt mean running a business will be easier. True, you are in charge but that means that you have to do everything until you can afford to hire someone. So not only do you have to handle whatever your main task is, but youll also have to handle accounting, marketing, advertising, planning, and taxes.

You want to make a lot of money without putting in much work- A lot of people think that if they start a business theyll make lots of money without having to do much. This is far from the truth. Actually when you first start a business youll have to work long and hard hours. Often youll end up working more than if you had a 9-5 job.

You want to call yourself CEO When you first start a business its tempting to want to call yourself CEO after all it makes you sound important. Thats not a good idea for two main reasons. First, unless you form a corporation, you are not a CEO. Secondly, if you are a one man (or woman) show, it makes you look ridiculous. Experienced business owners and executives will see right past that and you wont be taken seriously.

So why should you start a business? The best reason to start a business is because you see a need somewhere and you believe that you have the drive, determination, and talent to solve it.

Author Bio:

DJ Nelson

Donyell (DJ) Nelson is a writer, entrepreneur, and talk radio show host. In 2003 she founded J. Nelson Arts LLC, which is an Internet media company that develops, manages, and maintains highly specialized web properties. The company currently has a network of 10 sites that cover topics such as business, home life, health, finance, and pets.

You can search for this article using: strategic business planning, business strategy, small business planning
 
 
 

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