subject: Be A Serious Entrepreneur And Escape The Rat Race [print this page] Not everybody is built to remain working in a corporation for some other person because for some, it simply does not make sense to continue making cash for somebody else when you can make it for yourself, and many serious entrepreneurs began their careers this way. Fortunately for them - and the entire commercial world, for what it's worth - they have decided to leave their corporations and build their own companies.
Out of the Frying Pan and Into the Fire
Unfortunately for many serious entrepreneurs who are as yet green in building their own business, they regularly end up in the same problem - working conscientiously and earning money for someone else. Although in principle, this is not such an awful thing. In fact , the company that manufactures the products that these serious entrepreneurs are selling is doing it to make a profit. The only thing that is wrong with this picture is the ratio of the division of the profits isn't proportionate. This is why many commission-based enterprises fail. It demands too much from the entrepreneur while giving back not enough.
Your Own Share
Going back to the explanation of concentrating your attempts of being a serious entrepreneur ( and that's to be the one that benefits most from your difficult work ), it actually isn't unreasonable to expect you should have a bigger share in the profits of your sales. The secret to being a lucrative company owner is to find a producer or manufacturer which will be prepared to offer you a larger piece of the pie.
The Product
This is another part that you need to truly scrutinize. You should actually try to discover a product that you know about, one that you have a belief in and has a market demand. If any of these factors is absent, can you really consider yourself as a serious entrepreneur, or just a skillful sales representative with the gift of gab?
One of the things a shortsighted person fails to realize is that there really is something more to the sale than just closing a contract. There are folk involved in the exchange, and it isn't simply the exchange of money and product. Basically, part of what you are selling with the product is your word and guarantee that what they're getting is what they paid for.
Realistic Expectations
Another hurdle that a serious entrepreneur needs to leap over is the unreasonable belief that creating a business means instant profits. few firms have a return of investment in less than a year, so dig your heels in and stand your ground. Most new business owners also have a tendency to expect bigger returns for the investment that they have made and barring illegal activities, this is very rarely the case. A serious entrepreneur should always keep in mind that they should be in it for the long haul when they're building their own business.
Keep Yourself Going
Even while you should usually do a fact check on your business expectations, it isn't irrational to aim at better profits. In reality, this truly is something you should direct your efforts on, unless it is sufficient for you to make enough money to get by. Since you have made a decision to go into business for yourself, this really is highly unlikely.
There will always be better opportunities to earn income when you have your own business, and you can keep yourself centered in maintaining it. Just be sure to always keep your eyes open, and grab these opportunities when they arise. A serious entrepreneur is not someone that will leave when the first robust wind blows, and mediocrity isn't an option for her, either.
