Does Being a Business Owner Help for the Future?
491979
Yes, being a business owner helps for the future in many ways.  One being you are connected with other business people so you can stay on top of the trends.  You should always be open to multiple streams of income though.  Take advantage of other opportunities so you stay on top of your game.  Always consider who you want to target in your market. It is a proven fact that if you can stay a step ahead of the baby boomers, you have an 18 year window of opportunity to cash in on a trend.  Web design is a great start because the boomers have a product to market but most don't have the computer knowledge to carry it through!  But remember, most of them are getting older now so you need to consider what they will buy next!  You cannot go wrong with this, the boomers are your largest market and have the most disposable income.  Check out my site to see what they're looking into now!!
1164617
business and econmoics is always a good choice for anyone... Even if you dont' end up starting your own business, you learn things most normal people should no anyways, and will always be helpful in life.\n\nYou gotta be willing to deal with theories and rules, and a little bit of numbers.
666614
If you are already doing business and you are in profits, then my suggestion is to save as much as you can from your profits. As a rule, spend only 20% for your personal expenses and invest the rest back to your business. This way your business will keep on growing and the small will become huge one day. This is the easiest and the best way to grow a small business as it is not always easy to get financing from banks or personal sources for new business.\n\nBut yes you will have to sacrifice your luxuries of life in the begining but a day will come when even the 20% of your profits will be more than enough for you....BEST OF LUCK!!
308257
I want to open my own business someday. I had troubles thinking about what is good to open, but then I figure if its gonna be my business, open something I know I would enjoy for the rest of my life.  And since its the business you know you'll love, it shouldn't matter if you can start it in your town or have to move across the state because you need to be in a place where your business is demanded. OH, make sure you know all the finacial stuff or find someone who does :)
1101288
Depends on your situation.\n\nIf you like to take risks and want to own your own business then you should open your own business.\n\nIf you can't afford to take risks and want more real world experience, work for a small business and learn as much as you can.
118390
I think what matters most is YOU. What may be a success for one could be a failure for another.\n\nI posted some articles/links to books about what's considered the best businesses to start.\n\nThink of all your interests & ask yourself if any of those could be expanded into a business. Just keep in mind...what's your expertise? What are your interests? What could you imagine yourself doing?\n\nThen, once you have some ideas, research, research, research. Check out the competition -- their business practices, pricing, customer service, etc. And also think about what you could offer to set yourself apart from these other companies. Check out the industry – is there a need for the services that you can offer? Check out costs of starting and if the possible ROI (return on investment) is going to be worth it for you.\n\nCheck the sources for some handy sites.\n\nHope that helps! I wish you much success & happiness in all your ventures!
394443
Your future...get off the computer and study. (that was a little joke) Lawn care is always a good, profitable business. Offer to grocery shop or run errands for the elderly.
567631
If you are earning a reputation in your present business then stick with it - build other services or businesses around that - look at your customers and see how you may be able to fulfill other needs of theirs -
1138126
no, If you want to work from home and make a decent living you will have to work for yourself start your own business
353295
If you run your own firm, you are a business owner; there's just no way of getting around that.  If you're doing well enough, you might eventually HIRE a business manager to handle the office and staff for you, but starting out, if your name is on the door, it's your deal; like it or not.\n\nSince it's your profits, its in your best interest to learn to deal with it.  Lawyer, plumber, painter; whatever, business ownership is business ownership.  Many of the tasks are the same, only the industry and core knowledge changes.
105480
Not at all. You just need some experience, some funding, and a little "know how". Many people who start successful businesses have no post-secondary education.
383058
you gotta get some numbers on what happened in the past and will happen in the future. \n\ne.g. Demand forecasts, effect of advertizing, your costs as a function of output, link between employee compensation and perfomance.
526888
Ask somebody in the business.  They'll probably give you one.  Remember they want your future business.
1082286
TO START YOUR OWN BUSINESS YOU HAVE TO HAVE MONEY TO START IT COULD SMALL TO START BUT BELIEVE ME IT WILL GROW WITH THE TIME BUT YOU HAVE TO BE PATIANT AND ABLE FOR SOME STRUGLE IN THE START.
204027
So much depends on your knowledge, experience and personality. Assuming you have limited experience but a good education in a particular field then starting to work for someone else to gain experience is a good idea. Then if you have the type of personality that can take the ups and downs of starting your own business, then do it.
101779
The greatest and rarest resource on earth.  The ability to invest all your money and time on uninsured future profits.  Meaning just because you start a business, doesn't mean you are guaranteed anything.  An owner has to have so many talents it is rare to see a start up business thrive over the long run.  \n\nFirst they need an idea or nitch in an existing market.\n\nSecond they have to raise capital to buy a building and employees and office supplies and ...\n\nThird they need the ability to do every job required in the business or the ability to find qualified people to fill the roles.\n\nFinally they need the forethought to expand or contract their business to maximize profits. \n\nWithout all these and more their business will fail.
8788
try to talk to friends and ask them if they can help you out...\n\nthey may know some people who can help you with your business