Tips on starting a small business

March 2, 2011

Sometimes you get to a point where you just have to admit you’re not cut out for working for someone else. Well, the good news is that there has never been a better time than now to start a business. The entrepreneurial spirit is high, and affordable technology has leveled the playing field quite a bit for those who don’t have large pools of capital to dip into. In order to start a successful business, you need a few things: Motivation, passion, drive, and an absolute faith in yourself and what you’re trying to accomplish.

Of course, a little advice never hurt anyone either. ABC News/Money has a great post outlining some tips to help take the edges off and give you the boost of confidence you might need to take things to the next level. Here’s a summary:

  • Be sure you truly want to be a small business owner.
  • Figure out the small business idea that you’re most excited about making happen.
  • Skip the lengthy business plan.
  • Pinpoint your customer base.
  • The majority of your time must be devoted to sales.
  • Keep costs down—way down.
  • Price for profit.
  • Get moving now.

Read the full article at ABC, entitled, “Be Your Own Boss! Tips For Starting A Small Business in 2011.” for the full breakdown, including helpful links to resources.

This post is brought to you by the good folks at Dale Carnegie Training of Birmingham, Alabama, providers of professional development and management development courses and information in Birmingham, Alabama. We would love to connect with you on Facebook and Twitter @DaleCarnegieALA.

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