Monday, August 4, 2008

The '90s were called the "Decade of the Entrepreneur"

The '90s were called the "Decade of the Entrepreneur
More people looking on google to start and run a Home Based Business than ever before. Many people were turning their skills hobbies and ideas into profitable ventures. This endeavor is usually something a person enjoys doing or should be very skilled at doing. It allows for flexibility so you can work around your family and work schedules. It also gives you the independence of being your own boss. Which when it comes down to to it, isn't for everyone.

An entrepreneur is someone who organizes, operates and takes the risk in a Home Based Business venture, expecting to gain a profit.

Entrepreneurship refers to the process of planning, organizing and operating a Home Based Business.

A Home Based Business is not for everyone. For many people it will be a supplemental income source for retirement or extra income for the family. In fact, only 46 percent of Home Based Business owners recently surveyed cited that making lots of money was a motivation for starting their own Home Based Business. Seventy-eight percent of Home Based Business owners stated that having more control over their lives was an important reason, and 90 percent said they would go into Home Based Business again. So, even though you may not get rich from such an endeavor, it may be worth the effort to try your idea out to see if it would be successful. Remember, entrepreneurs may not see a profit right away; it will depend on the type of Home Based Business.

There are several facets to consider when starting a Home Based Business. Determine if there will be a market for your products or services and if such an endeavor is possible. This is crucial before a large amount of money is spent. The Home Based Business may not be feasible. Too many Home Based Businesses fail because people do not test their market plan and manage the Home Based Business properly. Information from Link Research in a 1996 survey of 5,000 Home Office Computing readers reported that 20 million Home Based Businesses found the most challenging Home Based Business tasks to be.
1) marketing to gain additional Home Based Business
2) time management
3) financial record keeping
4) avoiding overhead when possible
5) assistance in managing varied responsibilities
6) loneliness working on my own

Careful planning and research will help increase the chances of success and prevent you from making an unwise investment or taking unnecessary risks.

Here is the solution, a way to be part of a team and start your own Home Based Business with little or no risk. You can own a solid Home Based Business and Not Worry about the details. You can join the best Home Based Business on Google today. You'll be glad you did.

This revolutionary new way of building a Home Based Business is called, ItsGoodBusiness.net

Live well expect success
Ken Wright
Veretekk Trainer
itsgoodbusiness.net
http://homebasedbusiness.ourformulaforsuccess.com

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