Thank You mnchick23
Risk – How to Reduce It!

In planning your small business start-up, is the first thing you think about “what if I fail in my new business”?  Is security a priority for you?  Do you worry about how you will look if you start a new business and it does not succeed?  Women seem to worry more about failing than men usually do.  We are concerned that if the business fails it will look as though we failed.  Men seem to separate the small business from themselves; it was not the right time, there was too much competition, there was not enough capital.  If you are more on the side of concern and worrying about failure being personal, then planning for a success is really important to you.

Here are a series of things you can do to prepare for a new entrepreneurial venture and reduce your risk:
  1. Lighten your load
  2. Get support
  3. Protect relationships you care about
  4. Keep your current life rich and rewarding
  5. Get clear on what you really want
  6. Plan in phases
  7. Get a handle on money
  8. Negotiate for what you want
  9. Have a back up plan
  10. Let go
  11. Believe the universe is unfolding perfectly
  12. Enjoy the journey

What other ways have you found you can reduce your risk as you start your new business start-up?

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How Will You Choose the Right Business

by Norma Rist on July 21, 2010

 

How do I Choose?

The Business for Me?

When you think about your new business, consider how hard you will need to work to get it started, grow it, and make is profitable.  The services or products you offer need to be something that you really enjoy. 

Read more…

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Starting a Small Business?

by Norma Rist on July 20, 2010

My Fortune

Are you starting a small business – you are at the right place.  For almost 20 years I have helped women to start a business, grow a business, and find the customers they really like.  If you have a product, a capability or knowledge that someone else will pay for, then you can start a business around those products or services. 

Is it easy?  No.  Is it worth it? Yes.  With your passion to be independent, and your interest is learning how to provide your product or service to your customers, and your willingness to be business savvy, you could create a small business of your own.

  This site is intended to make it easy to find on line resources to help you on that journey.  From books to organizations, organizations and stories,  I hope all of this will help you move more quickly toward your goal of starting a small business and being independent.

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