Your Own
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For those of you who own your own business, what was the defining moment that made you start?
Also, how did you determine the type of business that you wanted to open? What sort of start-up costs did you encounter? How long until your business started returning a profit? Are you better off now after starting your own business? Any tips you'd care to share?
42 yrs old, hated what i was doing and knew i would not earn what i needed (commission sales) started business in field which i had extensive knowledge and experience plus contacts. 50k sba backed loan. made money first year (paper loss) just sold co after 16 yrs...best thing i ever did.
best tip...first plan and research, second, plan and research, third look for all the flaws in 1 and 2 then adjust plan and research based on findings, then ask if you can live with worst case outcome if you can, go for it and make your plan. use the seven p's proper prior planning prevents piss poor performance
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