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Balancing Technology, Management, and Leadership
"The art of progress is to preserve order amid change and to preserve change amid order." -- Alfred North Whitehead, 19th century British mathematician and philosopher As Achieve (my first consulting company) was working with our Clients to...

Effective Email & Versed Voicemail
Time management consultant Stephen Young claims that the average time consumed by an unplanned telephone call is 12 minutes, verses 7 minutes for a planned call. This represents five-minute savings every time you jot down some notes before dialing a...

Five Steps To Finding A Work-At -home Job.
Work-at-home jobs have become more prevalent with the growth of the Internet. Hundreds of jobs can be found on any given day. So it’s always a surprise to me when I receive email from people asking if telecommuting is a myth. It’s not a myth. In...

The Art of Employee Motivation
If you think that your employees’ poor performance on their designated jobs is costing you a whole lot of loss profits, then instead of just doing a total overhaul of your employee roster, why not try to do some employee motivation tactics to get...

Turbocharged Financial Planning
Financial planning is an ongoing process individuals and businesses should implement by organizing all aspects of their finances. This will assist in identifying financial goals, providing a comprehensive written Financial Plan, and implementing the...

 
How To Start Your Own Business and Be Successful

In the Movie and Play “South Pacific” there is a song called “Talking.” The words to that song go like this. Feel free to sing it. “Talking, talking, talking, talking, talk. Talk about thing you’d like to do. You have to have a dream. If you don’t have a dream. How you going to have a dream come true.” This is the first step. If you are going to devote 50+ hours a week to a business, it is really essential that it fulfill a dream you have. Surveys of successful people have shown that the love of the work has been more important than the money. Interestingly, that usually equates into success in the work of love, which is then followed by financial success. It is also true that many people buy or start a business that they did not have any passion for in the beginning but learn to love the work and they worked in the field. The first rule then is stay close to the heart.

In order to start anything new you must start out with a plan. We all have heard stories of great ideas that died because some one did not go past the idea stage. The plan should include such simple answers to the following questions; what is it you want to produce or sell? What is the list of steps that you need to take to produce your product? (Working backwards from the final product, accomplishes this.) What are all the marketing and administrative steps that you have to take? And lastly, what resources do you need to execute this plan, including education and finances? This plan and all of its parts will give you a road map. So we have the second rule. “If you do not know where you are going. How do you expect to get there.”

We have all heard the expression. “The best laid plans of mice and men…” Now that you have a plan worked out and all its details, it becomes very important to take this plan and execute it one step at a time. One way to help move you rapidly through your list of targets is for you to put a completion date on each target step. This prevents procrastination (putting things off until tomorrow that you should of done today.) and keep you moving steadily towards your final destination. This brings us to the third rule. “Follow the Yellow Brick Road”

On the above list of necessary questions was the question of resources. In a capitalist society like the one we live in the two main resources are Capital (money) and Labor. This concept basically says you need both of these. It also implies that if you have more of one of these you can use less of the other. For example; if I need a piece of office furniture I could 1. Spend my hard earned money and buy one or 2. I could get my tools out, buy some


lumber and make one with my labor. There is third resource that is not mentioned but is just as important. It fits into the two resources by being called using your brain or your brawn (strength). How to you best utilize your brain so you can work smart? The answer is get educated on How to run a business. How to control finances. How to market your product? And my favorite: How to keep it and not pay it all out in taxes? Invest your hard earned capital in these very important resources. This brings us to rule number 4. “They can’t take your knowledge away from you.”

Now that you have gotten some business and management training under your belt, you can revise, correct and streamline your business plan. This of course does not assure you that it will get done, no matter how beautiful it is. You need to actually do the steps of this plan. To make sure you keep working on the plan targets, I suggest you do some of your targets every day. This has to be done while at the same time delivering your service or making your product you will find that each week the work gets easier, production increases and the business becomes more organized. Today’s organization of the business is tomorrow’s expansion. Expansion cannot occur without organizing to make production smoother. If you do not spend time in organizing, then you will become like all people who just work harder and harder each day trying to catch up on yesterdays work. This brings us to rule number five. This is the rule to not follow the crowd. And what is the crowd doing? “Most people so busy working that they haven’t got time to get rich.”

Conclusion;
Find a path you would like to go down, make a step-by-step plan on how you are going to get this plan done. Put completion dates on each item in the plan. Get a business education and then decide the best use of your available capital and labor. Constantly work to streamline the business to run more smoothly while at the same time, keep your daily production and sales increasing. The constant balancing of producing a product and making the company run smoother so it can increase production in the future is you’re your most important job as the owner of a business that is going to support you with a large abundant income.

About the Author

Willard Michlin is a Business Broker, California Real Estate Broker, Accountant, Well known Public speaker and Administrative/Business Consultant. He can be contacted at his Ventura, California office by calling 805-529-9854 or by e-mail at kismetrei@earthlink.net. See other articles by Willard Michlin at http://www.kismetbusinessbrokers.com

 

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  • 1099 misc forms for independent contractors for 2005

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  • 4 classifications of public retirement systems

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  • achievements outweigh education and experience

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  • are you a home based business entrepreneur

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  • are you finding what you really need

  • are you the boss or the employee of your business

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  • automobile industry position in russia

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  • a daily dose of planners

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  • becoming radiant boost your teams creativity with mind mapping

  • becoming radiant mind mapping for creativity

  • being a socially aware organisation

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  • business intelligence accelerate your business performance

  • busting workplace clutter getting organized means more than having a clean desk

  • buying the right office furniture

  • can a network marketing business really be run exclusively online

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  • can i do it all myself

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  • capturing that elusive thing called time

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  • characteristics of high performance teams

  • cleaning out your mental closet

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  • create your financial fortress before it is too late

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  • delegating effectively getting the job done right without doing it yourself

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  • distressed assets profiting from mistakes of others

  • does your life include a ripe plan planning tips for retirement investing protection and estate planning part 1 retirement

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  • does your life include a ripe plan planning tips part 3

  • does your life include a ripe plan planning tips part 4

  • does your spouse know what you are doing

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  • d bust your computer part 2 for microsoft users

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  • d bust your computer part 4 d

  • economics as a pretension to science

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  • economics psychology s neglected branch

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  • effective email versed voicemail

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  • four easy ways to get a book written especially if you dont like to write

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  • freelance tips how to cope with spring fever when there s work to be done

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  • getting it on the books dont just plan it schedule it

  • getting it on the books don t just plan it schedule it

  • getting motivated to get organized

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  • get more done at your office focus on these eight areas for increased productivity

  • get organized with three transformational technology tools

  • goals galore

  • going mobile part 3 finding the perfect wireless phone

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  • googleopoly the motivation behind gmail

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  • home based party business

  • home business failures how to avoid them

  • home business ideas for normal moms like you and me

  • home business ideas for normal moms like you and me legitimate information about home based business opportunities

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  • home business start with time

  • home business success 5 things you can you learn from your ex boss

  • hot hot hot

  • hot tips for starting a small business part 4

  • hows your productivity

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  • how ceos can use axiology to improve the bottom line part 2

  • how ceo s can use axiology to improve the bottom line part 2

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  • how to get from market niche to passive income in three easy steps steps 2 3 make the match

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  • how to start a successful business

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  • ignite your business success

  • increase profits with outsourcing best practices

  • increase your income with an organization plan

  • index

  • internet business are you the next internet millionaire

  • investors avoid these 5 common tax mistakes

  • is a home based business right for you

  • is a stay at home business right for you

  • is this business right for you

  • is your trash cash 5 easy places to sell your stuff

  • i wasnt paying attention where does my money go and how can i get some back part 1

  • i wasnt paying attention where does my money go and how can i get some back part 2

  • i wasnt paying attention where does my money go and how can i get some back part 3

  • i wasn t paying attention where does my money go and how can i get some back part 1

  • i wasn t paying attention where does my money go and how can i get some back part 2

  • i wasn t paying attention where does my money go and how can i get some back part 3

  • jazz up your office for success ten tips to a comfortable and effective work space

  • journaling your work

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  • keeping the small in your project

  • leadership skills for challenging times

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  • making your purpose your business step 3

  • making your purpose your business step 3 organizing your resources collections

  • making your purpose your business step 4

  • making your purpose your business step 4 organizing developing online content

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  • organize your office space

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  • organizing a time management plan

  • organizing business cards for effective contact management

  • organizing the information

  • organizing tips for your office

  • organizing your day

  • organizing your desktop computer desktop that is

  • organizing your finances show me my money what youre worth or net worth

  • organizing your finances show me my money what you re worth or net worth

  • organizing your finances thinking outside the shoe box

  • organizing your incoming email

  • organizing your new business without losing it your mind that is

  • organizing your office for maximum efficiency

  • organizing your small business

  • paying your bills on time

  • perspective is everything

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  • planning for efficiency

  • preparing for your startup venture

  • preparing to get started in your business

  • preparing your business for january

  • presentation pitfalls series top 10 content mangement mistakes

  • presentation pitfalls top 10 content management mistakes

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  • sales forecasting for new businesses

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  • setting goals your ticket to success

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  • simple time management skills generalized

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  • small business accounting 101

  • small business q a achievements outweigh education and experience

  • small business valuation primer

  • smart choices how to hire the best

  • so you think you want to be a telecommuter

  • spruce your environment spruce your spirit

  • staff solutions how to help your staff get organized

  • starting a business the three ps

  • starting a business the three p s

  • starting a business with little or no money

  • starting a new business

  • staying cool when the job heats up

  • steal this email

  • striking a balance take time off to be more effective

  • successful people account for their finances

  • success is out there waiting for you to join it

  • take back your time

  • taking the time to find the best home improvement loans

  • taming the paper tiger at work a book summary

  • tax tips for small businesses

  • temporary staffing agency how to start

  • ten tips for cleaning off your desk and keeping it clean

  • the 3 biggest priority busters

  • the 6 d information system

  • the airline industry looking ahead

  • the art of co venturing in business

  • the art of employee motivation

  • the benefits of online audio conferencing

  • the booklet journey

  • the case of the vanishing technology

  • the challenges of human resource management

  • the cost of raising money

  • the dismal mind economics as a pretension to science

  • the emmaus journal the path

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  • the home based business jungle do things right or do the right things

  • the last great business opportunity

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  • the power of words how the right language can make you shine

  • the six rules of effective communication

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  • the time has comejust do it

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  • the typology of financial scandals

  • time management in control

  • tips and tricks for finding a conference hotel

  • tips for successful event planning

  • tips for using and personalizing templates

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  • tollbooths on the information highway

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  • to all managers how does add affect your workplace

  • track the tax papers

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