What isn't so easily obtained, what you really should know is the information that isn't in the text books and if it is, it is only skimmed over in lieu of more so called, ?important topics?.
Full Self Employment, in the sense of owning a business that is all yours, that you have to be responsible for and perhaps also for others and their income, is not for the indolent, greedy or ?wishers?, but is more for those with a positive outlook, an ethical foundation and a focused ambition.
What isn't in the text books?
Starting a business isn't about just economics or break-even point or only about making money for that matter. Creating a business based on your dreams, your inspiration and your vision goes well beyond anything that a textbook could ever teach you and for each of us differently, borders on something personal. It would indeed be rare that it was planned as other than a long-term project.
I doubt there would be many that initiate their own self-realisation by going through the often difficult constraints of establishment work of starting a business, to do so for power, prestige and wealth as their objectives. High income certainly would be an aspiration and goal but somewhere deep inside this process requires you to express yourself through your business much more realistically.
Of course, this point alone can't take account of the multitude of business models available, nor the amount of other variables that have to be arranged to create a robust model, based entirely upon each individual need, purpose and independent constraints.
What generally isn't in the run of the mill business textbooks though that perhaps should be, (if it were it would certainly have the potential to make for a better business model and likely more success), is to attempt to instill within future business owners that a business needs to represent clear and decent ideals and values of service to its clients. These ideals must be clear, precise, fair, realistic to expect, built democratically where others are directly involved, and shared. Those that are fundamental to the daily operations of a particular business must be agreed to because they are mutually developed.
A business of any nature, by it's very need for interaction with others to actually exist (by necessity requiring management, operators, suppliers and buyers at some level) must clearly establish very early in its life a clear and robust policy on its corporate profile, its operational and client policies and relationships and its staff policies.
Personally I'm more inclined to believe these issues should be taught at school even before getting to such idiotic matters as tax and laws, simply because they hold the pie together. Good relationships are the glue that good business is built on by cooperation at every level.
With my own policies established this way in a newish manufacturing plant I once took on, production rose by around 30%, theft zeroed, waste near ceased, I gained preferential supply deliveries and on time payments. These combined to allow me to pay COD for purchases for COD discounts, deliver rapidly and pay bonuses to content staff.
A business isn't an island. It is not immune from outside perceptions or influences if it wishes to trade. As a business grows, simply having a set of printed rules/policies to refer to and regularly update to suit new conditions, business activities or directions will ensure that a ?reasonable? set of conditions are maintained throughout its commercial life. Hopefully to this end the consumer will be considered.
Starting and running a business is usually more about an act of emotion, enthusiasm, self-expression and opportunity for self actualisation than it will ever be about making huge sums of money (certainly in the earlier stages this would be). If any readers have ever set up and started their own business they will recall the deciding moment as something very special.
Making the decision to build, run, grow and maintain a business is not in any text books. Much of the operational aspects indeed are, as are many details regarding legal responsibilities.
Developing your own version of a world-class operation should be the starting goal and the continued goal. It should always be a pleasure to go to and prosper through and lastly, I can but highly recommend that you acknowledge there are always smart folks out there begging to help you reach your ambitions?and you should seek them out.
Finding an experienced business mentor with proven real world knowledge and honest ethics would do any business a power of good. They can show the proper way to start, run and maintain a business and ensure you run into fewer obstacles, so if you locate such a person and the relationship is good, use them as the foundation of your business, rather than simply books.
The first step in your journey to being an entrepreneur and starting a business of your own is to ensure you set the plans to make your path forward clean and clear. I would seriously suggest you visit several banks in your area and ask for their business pack, as these will help you with business plans, cash flow forecasting and funding expectations. Business plans have the ability to make you think and focus on details that you otherwise can forget or not consider relevant. I consider production of a business plan as being the very first step in your journey forward and crucial to your immediate functions.
Make no mistakes about it, what is called ?education? is valuable but I would like to perhaps adjust the phrase to be ?the gathering or availability of experienced knowledge?. This to my way of thinking is Far, Far more valuable than mere mnemonic training and a darned sight quicker to access if you find the right people. So yes, ?education? in your field of enterprise is crucial for you to succeed but acquired or supplied from proven real world experience is invaluable.
I have found, with the clients I work with, that they almost always underestimate the resources they already have right here and right now to get started on their new business. If you find yourself doing the same, let me remind you of what you have.
Number one. You have lots of life experience. Everything you've done up until this very moment, whether it felt like a success or failure, has taught you something. Your experiences taught you many things that you can bring to your new business. Think about the skills and knowledge you already possess. You may have great organizational skills, interpersonal skills or writing skills. You may have a lot of knowledge in an area you have a strong interest in - maybe tai chi or travel or caring for aging parent (just a few to get your creative juices flowing). This is a powerful resource!
Number two. You have access to information like no one else has had in the history of our planet! For any question you have about starting your business, you can most likely find some good answers on the Internet. Using the tai chi example, I "googled" the term tai chi and found 14,400,000 entries. Yikes! But right up front, I found a tai chi magazine, online classes, schools that teach tai chi, articles about tai chi and health and special information for seniors about tai chi. You can learn a lot here.
Number three. You have access to professional organizations. There are professional associations for all kinds of businesses - when you find one in your line of business you will have access to invaluable information, conferences and like minded people willing to share information with you. Using our tai chi example once more, I found several national and international associations and then decided to get more laser focused on associations within Southern California, where I live. I found several including specialty areas such as the Aerospace Employees Association Tai Chi Club and the Tai Chi for Arthritis Association. See if you can find a few associations for your interests.
Number four and most important of all, you have your mindset. You can train your mind to help you succeed. And if you don't train your mind, you won't succeed. All outcomes begin with your thoughts. One powerful way to train your mind is to set goals. Oh sure, you've heard this before, but did you know that the Small Business Administration tells us that 97% of the population does not set goals! That's incredible.
Successful people set goals. Your action step today is to set some goals. Be specific. For example, I will have business cards made is not specific enough. I will have business cards made by 5:00 pm on November 10 is better. I'm not going to request a certain number of goals, but I would suggest you write at least one for several areas of your life. Although our work together is focused on starting and succeeding in self employment, you'll want to include goals for these seven areas: financial goals, career/business goals, free time/family time, health/appearance goals, relationship goals, personal growth and making a difference.
Also, set one BIG goal. One that would be a real breakthrough for you. Some examples: publishing a book, attaining a degree or credential, or earning an extra $3,000 a month. Now write down your specific goals and read them 3 times a day. Carry your most important goal, written on a card that you can keep in your wallet or in a place that you see often throughout the day. You will activate your amazing powerful subconscious mind and train it to find opportunities, increase your motivation, stir up your creativity and help you to see resources all around you.
Both Nathan Howard & Ann Ronan are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Nathan Howard has sinced written about articles on various topics from Careers and Job Hunting, E Books and The Internet. Nathan Howard is a Business Entrepreneur, consultant and mentor with over 30 years of experience starting and running successful businesses. He has developed a unique step by step process for commercial success that will take any new or established ventur. Nathan Howard's top article generates over 1600 views. to your Favourites.
Ann Ronan has sinced written about articles on various topics from Fitness, Women and Religion. Ann Ronan, Ph.D., RScP provides teaching, coaching and writing to help others live authentic lives doing what they most love. Receive her free e-course on the Top Ten Ways to Live Authentically -register at. Ann Ronan's top article generates over 9900 views. to your Favourites.