How will you fulfill your Start-Over Success dreams?
If you haven’t yet thought about what type of business you will do now, go back to “What.” (Watch for upcoming webinars)
Now that you know where you want to end up, why it’s important to you, and what you want to accomplish, let’s consider how you will get there.
DECISION
One of the decisions for you to make is whether you want a job or to be your own boss. Working for someone else isn’t for everyone, neither is being an entrepreneur. (The Who article begins to talk about the characteristics and qualities you bring to the table. Take these into consideration in your next-step choices.) I’ll focus here on business opportunities.
HOW MUCH INCOME DO YOU NEED OR WANT?
How much you need (and/or want) to make, along with your current resources, connections, and more – you should consider all of these when deciding how you will fulfill your vision. The “how” is the vehicle that will take you to your Start-Over Success.
LIST OF BUSINESSES
Which business should you start? I have listed real-world businesses that cost $500 or less to over $5,000 to start.
WHAT I’M NOT LISTING
No Get-Rich-Quick-And-Easy Schemes.
I’m not including the myriad offers you see online. They make it look like you can make $50,000 or more a month, overnight and with very little effort on your part. You begin by paying them a fee… As they might say, “The investment is nothing compared to the wealth you will be amassing.”
I’m also not listing multi-level-marketing businesses.
It’s not all about what you can afford, though. It’s also about how much time it takes to get to money in your pocket, what work and hours will be required to make it a go, and how you can cash in by selling, franchising, or passing your business along as a legacy.
BEGIN WITH A START-OVER SUCCESS BUSINESS PLAN
You need a business plan for yourself. When creating the plan, you’ll discover what it will take to succeed, what costs there will be, what skills, space, equipment, know-how, and more. For example, there are many kinds of businesses you shouldn’t start until you have business insurance.
You’ll consider how you get customers with marketing, networking and/or advertising. You’ll learn about your competitors and why prospects will choose you.
You’ll look at what could go wrong and how you can overcome challenges, as well as what opportunities there are and that you can create.
PASSION VS WHAT YOU’RE GOOD AT.
Mark Cuban emphasizes that passion is highly overrated and that people should do work they are good at. He says that salesmanship is a number one skill and that people should work to become good at it.
It’s like Henry Ford said, “Nothing happens until somebody sells something.
Go back and watch the Simon Sinek video, Start with Why.
He says that people will buy the reasons behind what you do and what those reasons say about them. That was true for Martin Luther King and is still true for Apple. And, it’ll be true for you. The why may be more important than the features and benefits of your products.
BUDGET YOUR FINANCES & YOUR TIME
- More Creativity than Cash
- Let Necessity Be the Mother of Invention
- Free is Always in the Budget
- Don’t spend on what you don’t need, so you can invest in what will really make
NEEDS VS WANTS
Examine each penny and each minute for its return on investment. (More on this in Who article.)
QUESTION:
What Help Do you Need?
ANSWERS:
1) Automate with Apps and/or Software
2) Outsource work with a service like Fivver
READ THIS:
I want to interview you:
Got a Start-Over Success Story?
Got a Product, Service, or Software to ensure success?
Got a Topic of interest to
Baby Boomers working toward encore success?
