There are still spots in the U.S. that want people to move and live there. Years ago, Las Vegas worked hard to entice professionals and families to make the valley city their home. Today, there are a select few metro areas and whole states that are offering incentives for people to come and make a new life. Here are just a few.
To that end, let me share my Great 8 Start-Up Essentials:
1. An idea: It should be fleshed out because you’ve done the knowledge and have identified a potential market.
2. A business plan: Take this seriously, even if you don’t complete a model plan worthy of publication and even if you don’t plan to raise capital outside your personal savings and access to funds. You need a business plan to clarify the vision you have for your idea as well as for yourself.
3. Bookkeeping and accounting basics: Because you’ll likely have to wear a few hats in the first days of your business, you’ll have to get comfortable with some basic math to keep track of your business’s finances.
Follow These Six Words To Success
No one wants to stay in a job where you can’t control how much money you make, what hours you keep or where job security is uncertain. We want to have a handle on our own destiny, and the best way to do that is usually to start your own business.
These words, this formula, go way back, all the way back to 1953 from a book by Marvin Small called “How To Attain Financial Security And Self-Confidence.” READ MORE
Starting a small business is as tough as ever. Probably the most difficult task of the process is finding funding. Much of the time, you have to just do it yourself.
It’s not an insurmountable task. Even if your business involves a service or selling a product, you can hook yourself up. But you have to learn to be a lean, mean saving machine in order to gain those fat profits down the line. The key is eliminating waste… cutting anything that doesn’t add value to your product or service.
Here are some tips to help you:
A business plan. A website. A means to track spending and profits. An office space. Time. Money. Sweat equity. None of these, however, means anything if you don’t know what kind of business you want to run.
Starting a business sounds scary, but before you can even do that you have to get past the first step, which is often the hardest (yet doesn’t require a single penny): figuring out exactly what you will find. The good news is two simple questions can provide you some answers right away—or at least give you a launch pad.
The first (Question #1) is asking yourself, what comes easy to you but harder to others? Take a moment to think about all the things you do well—better than most others. Certainly you have at least one or two things that you do particularly well and which get other people to notice (and perhaps compliment you). What natural abilities do you have that you may be able to make a living doing?
We typically underestimate the power of what comes easy to us and we are usually blind to those innate skills that could shepherd profit. It doesn’t have to be a profound skill; it can be based on an everyday activity like writing (poetic) e-mails, cooking (amazing) meals, or creating (beautiful) spatial layouts in your home’s rooms.
It is easy to say, difficult to practice. Most small business entrepreneurs have difficulty controlling their time. It is fundamental to organize your tasks and schedule.
Let’s start from the goal. With more time available, you will be able to exercise innovation, develop“out-of-the-box”thinking to see what is wrong and what can be improved. You will be able to be more connected and updated with trends, opportunities and threats. You will be able to have a more balanced life with leisure and with your family.
So, what should you do? There is no magic. But the best solutions for the worst problems are often the most simple.
Start with writing down the daily tasks that you need to do every day. Examples: read the news, read e-mails, reply e- mails, pay bills, verify bank accounts, verify stock, call suppliers, check with the staff if everything is ok, and so on.
Estimate how much time you need to accomplish those tasks. Verify where you can optimize your time, and organize the schedule to get it done. Start with only controlling the time spent. It is already a great step.
Money changes people, sort of. I think we all know someone who would be dangerous around a sudden windfall of cash. The worst thing that can happen to this person is money, the reason being that they will rush out and buy copious unnecessary items to fill up the void that is their soul. Hit the jackpot today, hit the mall tomorrow. I met a woman once who was so caught up in brands and the image of wealth that the moment she came into some money (from an insurance payout following a minor car accident that wasn’t her fault), she announced she was dashing out to buy some “Escader,”“Christian Dinor-ah,” “Lewis Vitton” and “Prader.” Clearly, she wasn’t able to even pronounce the brands but now she could buy them all and load up her closets, masking a low self-esteem in her “personal house.”The money wouldn’t help fill up her spiritual bank, her mind and soul. I was saddened by how this woman talked. While I tried to explain to her that the material goods wouldn’t make her happy and satisfied in the end, she wasn’t ready to listen.
What brings to an important detail is I want to address. You are ready to get real and get rich! For some, hearing what I have to say about certain things may make you uncomfortable.
It’s time for you to become the da Vinci of your own new self-portrait.
The great thing about New Year’s resolutions, June weddings, and August Back to School is that it offers everyone a chance to clean their slate and start new beginnings.
The self-portrait journal is designed to share the steps, methods and eternal truths that empowered me to discover my values, goals, purpose and ability to achieve results and experience profound fulfillment. Do them at your own pace. There is no time limit. They deserve your undivided attention.
Creating your Owner’s Manual will help you to understand how your life works and why parts of it may not be working. This exercise will help you achieve dramatic new levels of success in all areas of your life and to truly become rich from the inside out.
First, what does being rich from the inside out mean to you?
Grasping the reality of this current hard-hitting full-blown economic downturn and all-out crisis in your life is not an easy task. How you deal with it will determine your ultimate success.
I am proud of my identity and roots going from food-stamps-to-fortune. For me, being poor was never a factor that confined the person, rather just a temporary circumstance of sorts.
Each moment can change the rest of your life and the course of your direction. If you are not intentional with your actions, you will plan to fail. Successful people operate from the beat of their own drum, but they are intentional. Successful people don’t become successful by accident—it’s sheer, practical application of their talents and traits.
1. Hard Working: Running a business requires a lot of energy and drive. This involves the ability to work for long hours when necessary, to work intensely in spurts and to cope with less than a normal amount of sleep.
2. Self-Confident: To succeed, entrepreneurs have to believe in themselves and in their ability to achieve the goals they have set for themselves. This is often shown by a belief that “if you want something badly enough and are prepared to work at it, you’ll usually get it”.
3. Builds for the Future: the goal for most successful business people is to build a secure job and income for themselves, which is based on their own abilities. This means entrepreneurs understand that it may take several years to build up business income to a reasonable standard.
How do winners win? How did they do it? How did they get where they did? Certainly not by complaining about their lot in life, or by crying about how tough life was or about the conditions they faced. They just went out and did it. And in so doing, they were successful.
One of the most telling things about chronic whiners is they complain about their woes so much that they tend to sap the energy of others who are trying to get on with their lives. When one of these habitual whiners leaves, you can almost hear a collective sigh of relief from the others in the area! Another trait one sees in people, who find it hard to succeed, is that they have an excuse for their lack of productivity. Whiners make excuses why they weren’t able to do something; winners just get on with it and finish the job!
In every aspect of life and in every career path, there will be hurdles and pitfalls to overcome. Even the best will knock over a hurdle or fall into a pit occasionally. Also we all have our downward spiral days, days on which things are just getting too much for us. It is these days that we have to have the fortitude to get through. The fixation should be on the goal, not on the troubled path we walk on.