Saturday, April 19, 2008

FEAR

Most people have no idea what it means to own their own business. Although many people think being their own boss would be great, others fear the responsiblity of it all. Many would be entrepreneurs enter a business venture with little or no preparation, others spend their entire lives thinking about it without ever venturing past their own insecurities, thus squandering any opportunity of bringing their ideas into reality.

I have been an entrepreneur all my life. It is in my blood.

When I was twelve years old, I started a neighborhood summer football league. Each street was organized into a team of from 4 to 6 boys. We wrote up player's contracts, played our league games on Saturday at 10:00 in the morning. The league lasted two seasons, then I believe the competition with the NFL proved to be our undoing.

Later, after graduating from the University, I immediately started a small part time business that did collection and foreclosure work for mortgage companies. It was a small idea that was designed to give me a little spending money. I had no idea that it would grow. But grow it did.

After a month or two of pocket change, I called on a mortgage company that agreed to send me a considerable amount of work. After a few months of doing only a few inspections a month and billing out less than a few hundred dollars, this new client would boost my billings to several thousand dollars a month. I was extatic!

That was the beginning of taking small business management seriously.More on the growth of that business later.What I hope to be able to do in this blog is to create a forum to assist others in developing their businesses.

With my own experience as an successful entrepreneur, business manager, international consultant and lecturer on entrepreneurial issues at the university level, I believe that I might be able to assist some of you that may be struggling with your business.I hope so, nothing would make be happier.

Dad