Monday, June 8, 2009
Start a Business Now ?
Yes, now is great time to start a new business if you follow a few rules and are committed to being a success. First you must have start-up capital plus a 3 month cushion to pay fixed assets. Next you must have a unique idea that serves a need or want that is being overlooked now. Don't be a copycat be an innovator. That doesn't mean you have to invent a new light bulb, you just have to make it better, last longer or use less energy. Small changes to old ideas can make it big in the market where you may be alone until competitors catch on. But by that time you will lots of loyal and repeat customers. You can find many ways to be different, better or appeal to customer's needs in a new way in the book The Jelly Bean Principle : 105 Ways to Stand Out From Competitors. Just find 5 or more ideas from this book and apply to your new business and watch your company grow. This is the time when customers & clients are looking for new businesses that offer more value for the money they are spending. Be that business and the rewards and continual growth will be yours.