The current recession continues despite claims of recovery. Speaking at the White House recently, President Obama quoted the Department of Labor as saying that he estimated that US citizens have lost 3.6 million jobs since the recession began.
For most, losing a job is a calamity, and yet there are some who handle this setback better. In them seems to exist the great American spirit of survival. They look for alternatives to earn a living and live well. They may not have chosen to leave their jobs, but they can certainly deal with it.
How do they manage it? Are you ready for it? What is your game plan?
Forty-eight-year-old Bob Carlos was hoping for a promotion as vice president of his company. He wasn’t prepared for the downturn and it hit him below the belt. Carlos staggered but came back to life. It was then that he decided to do what he most enjoyed in life: sailing. He soon began using his knowledge to train others and to lead small excursions. Bob Carlos now leads a full life enjoying his work. He is earning money in a way he never dreamed of. He now has plans to expand online and increase his customer reach.
Bob tapped into his talent and experience to get his new business off the ground. Through a well-planned strategy, he started to organize camps and workshops and hired more people.
Bob Carlos was not an entrepreneur by choice. He was a forced businessman.
Entrepreneurship is the ONLY way to overcome the current situation. Nobody is hiring, nobody is giving much credit, nobody cares; and you need the money and an occupation to keep you going.
More and more Americans are turning to this solution. The number of non-employer businesses has risen steadily this decade, from 16.5 million in 2000 to an estimated 21.1 million in 2007. So now it’s time to get back to your core competition. To improve your skills that have been neglected over the years. You can walk away from the specific job or branch you were in or use those skills to help others.
Many people are making the recession a blessing in disguise to hone their talents and skills, spend time with family and community, and reconnect with themselves!
all you need is
– An exemplary skill set.
– An eye for details
– Ability to plan
– Much enthusiasm.
Wait, before you quit your job and challenge your skills, there’s something you need to know.
According to the SBA, approximately 637,100 new employer businesses began operating in 2007 and 560,300 businesses closed that year.
“Two-thirds of new employer establishments survive at least two years, 44 percent survive at least four years, and 31 percent survive at least seven years, according to a recent study.”
These results were constant for the different industries. Businesses that started in the second quarter of 1998 were tracked over the next 28 quarters to determine their survival rate. Of particular interest, the research found that companies that survive four years are more likely to survive in the long term. After the fourth year, the rate of business closures drops considerably.
Previous research has found that the main factors in a business’s survival include an ample supply of capital, being large enough to have employees, the owner’s level of education, and the owner’s reason for starting the business.
So where do you start? Start with your heart and continue with your brain.
I. Take a mental impression of these five attitude steps
– Start small if you want, but start today.
– Do not be afraid to fail.
– Everything in life is a learning experience to make you better
– Enjoy what you do
– Find opportunities along the way.
II. Then start with your business plans. Ask yourself the following questions and write them down
– Your best skills
– Your strengths
– What you enjoy the most
– Five years of what you would like to be
– The objective of your business.
third Next, write down the opportunities associated with each skill.
– Start with broad, get to specific
– Use the Internet to search for opportunities. You will be surprised what you will find
– Try to identify at least three opportunities
Now you will know widely what you want to do or think you know what you would like to work on.
IV. It’s time to put your brain in action
– Start planning how you will start the business.
– Take into account cost, time, demographic structure and ROI period
– Think about the area of your business
– Try to find a niche
If you follow this step, you will identify the most suitable business to start.
V. Time for investigation
The strategy for research will depend on your online skill sets and the opportunity for them. This might be the time for some insider tips, especially if you’re a bit shaky. You can hire an expert to do it or do it yourself. Be thorough and explore all the possibilities and start building a strategy.
SAW. strategy time
If you are starting for the first time, ask an expert. There are plenty of experts online who are willing to give away a few minutes of free consultation. Make the most of it.
Opportunities
Opportunities for online entrepreneurship are plentiful; everyone seems to move online and find a niche.
You can become an infopreneur by packaging your knowledge and selling it. The methodology may vary, but the objective will be to sell.
You just have to decide on a theme. Can be anything. Knowledge of your previous work/business experience, a hobby, passion, or anything that interests you; Even your grandmother’s recipe!
Success stories need
1. Diligent planning
2. Strategic Information
3.Goal setting
4. Innovation
5. Contemporary Methods
6.Visibility
7. Good customer relationship
8. Identification of Opportunities
9. Pure hard work
If you are one of those who think that you have nothing special, I am just an ordinary person with no skills or talents, there are opportunities for you too. All you need to have is a website. From that website you can find affiliate opportunities, earn ad money, manage content, or sell products by partnering with dropshippers.
If you still have doubts ask the expert.
Copyright (c) 2009 Ajay Prasad
