Rhonda abrams what business should i start

A few interesting points and exercises here and there, but I can't recommend buying it. Maybe get it from the library. Oct 17, The rated it liked it. Skimmed it. Sarah rated it it was amazing Dec 18, Keith rated it liked it Feb 02, Candace rated it liked it Oct 04, Kefah rated it it was amazing Sep 12, Lance H. Rand rated it really liked it Dec 25, Rene rated it really liked it Jul 03, Robin H Pfahler rated it it was ok Dec 26, Debbie rated it liked it Oct 22, Lena rated it liked it Apr 15, John rated it liked it Mar 25, Marvin Simms rated it it was ok Jan 25, Ibrahim Ajeez rated it liked it Nov 11, Justin Barak rated it liked it Oct 11, Eric rated it it was amazing Apr 28, Adams rated it it was amazing Jan 06, Evan Cook rated it really liked it Sep 11, Todd Applewhite rated it it was amazing Dec 17, Tam Tran rated it it was amazing Nov 21, Tom rated it liked it Sep 18, Kim Carrington rated it it was amazing Aug 21, Lili rated it it was amazing Dec 07, Ahmed rated it really liked it Mar 22, Laurel rated it it was ok Apr 09, Trish is currently reading it Aug 01, Gunawan Iteh marked it as to-read Dec 25, Sarah Lewis marked it as to-read Mar 17, Tarik added it Apr 03, Steve added it Jan 23, Value-added reseller.

Product designer. Industrial machinery repairs. Software usability testing. Search engine optimizer. So they assume that everyone must find it easy and obvious. So set fair prices for your services, and then be sure to charge them to your clients. In general, attracting customers by offering very low prices only brings in bargain hunters—who will dump you as soon as they find someone else with even lower prices.

You even may be one of those who lost their job to outsourcing. Ultimately, people like to do business with people they can see, speak to, and trust. Second, you yourself might be able to take advantage of off-shore workers as you build your company. You may decide that you want to have your management and sales teams here, but do some of your design and development work abroad. The second smiles, imagining the possibility of being able to pursue his hobby—photography—as a business.

But I could make a little extra money photographing weddings and babies. The third would-be entrepreneur envisions something entirely different. If I can get the funding, I can build a business that will make millions of dollars. Each would-be entrepreneur wants to start a business, but each clearly aspires to very different goals.

What about you? Are you hoping to pick up a few extra dollars working in your spare time or are you yearning to make enough money so you can quit your day job? Do you dream of becoming the next Bill Gates or just being able to be there when the kids get home from school?

In this step, you clarify those aspirations—the financial role of your business in your life and how large and ambitious you want that business to be. Actualizing Activity. Solo Sustainer. Balanced Business. Visionary Venture. Then, fill out the worksheet on page 85 to help define which of the Four Aspirations best corresponds to your goals. Everyone likes to make money. But for some entrepreneurs, making money is not the primary reason to start a business.

Actualizing Activity businesses are those in which the entrepreneur launches the business primarily to meet a personal interest or fulfill personal goals. The primary motivation is personal satisfaction rather than income. It may be the satisfaction of pursuing an interest or hobby, or it may be the satisfaction of staying involved in meaningful work and keeping busy.

The key factor is that money made in the business is not critical for financially supporting the lifestyle of the business owner. Typically, entrepreneurs who are launching an Actualizing Activity business already have other sources of income. They may receive a pension, have a spouse with income, earn income from investments, or perhaps just require very little money to sustain their lifestyle.

These fortunate entrepreneurs can choose which business to start based on how it meets their personal goals, rather than their financial needs. In fact, many Actualizing Activities can generate significant revenues. When thinking of non-critical-income businesses, you may get a mental picture of someone making handicrafts or getting involved in a multilevel marketing scheme.

But many—if not most—Actualizing Activities, even if done on a part-time basis, can and do involve mainstream business choices. For instance, I met a college professor—with a full-time academic position—who also had an Actualizing Activity business. Before he became a professor, he had worked for a mid-size company, maintaining their database and other computer software. For more than 10 years after he left that job, his former employer retained him as a consultant to help maintain their software.

Plus—and as important to him—having a completely different source of income from the university gave the professor a greater sense of confidence and security than if he was totally reliant on his academic position. As an added bonus, he enjoyed staying up to date on technology and getting paid for it! As a result, Solo Sustainer businesses tend to be very under-reported in government and private statistics about businesses. You may not realize it, but you probably run into people every day who have Solo Sustainer businesses: consultants, construction workers, interior designers, sales representatives, real estate agents, hairdressers, and even doctors, dentists, and lawyers.

Sure, your business email address could be KitsCupcakes yahoo. Check domain names at Network Solutions. You'll almost certainly find that the name you want for your domain name is already taken — at least with a dot-com suffix. Try a dot-net or another suffix. Avoid hypens and dot-org. They should include you r name, email address, website, phone number, and perhaps your Facebook, Twitter or other social-media handles. I also like putting a short phrase describing what you do.

Right from the start, get in the habit of using a business accounting program to keep track of your books. Quickbooks is the small-business standard. I would start with the online version, Quickbooks Online.

Bill your clients. If you're going to billing clients by the hour, you'll want some way to do time-tracking and invoicing. Check out FreshBooks. It stands for customer relationship management, and it's a fancy way of referring to a system of keeping track of all your contacts, customers, and contacts with them. The granddaddy of CRM is Salesforce. Store your documents. If you're keeping all your important business information on your laptop, what happens if you lose it, drop it, or have it stolen?

Get in the habit right away of storing all your data in the cloud where it's immediately backed up off site.