How To Raise Your First Million Dollars


Search Engine
Placement




Site Index

Join Women in Business Community

Women in Business Directory

The Book of New Beginnings

Search



Mary Moppins Cleaning System





Real Small Business


How To Raise Your First Million Dollars





VerticalResponse, Inc.

How can I get over the Risk Fear?





Marion Butters writes: "I have wanted to start a number of businesses over the years. The biggest obstacle to going for it has been reluctance to take the risk. Knowing you have to risk so much can be a real concern. I know this was taught to my sisters and myself as we grew up. How can I get beyond this?"

Dear Marion, I can appreciate the training given to us by our trusted parents as something to "hang on to!" However, as children, we think as children. In order to "get beyond this," we must now think as an adult. At one time, I'm sure your parents told you not to go into the street. Today, as an adult, you know you can go into the street, with both eyes open, and successfully cross it without being run over by a truck.

As many of us begin business ventures, we are aware of our skills, strengths and weaknesses. Put together a "thought sheet" of advantages and disadvantages of going into business. Include your strengths and your weaknesses. Add to that several goals, a timeline to reach each goal, and most importantly... a budget.

When you begin, start as small as possible by holding only a weeks worth of inventory. In other words, test your market. Find out if your product is something you can sell. Figure out the cost involved in selling your product on a small scale.

A lot of people think you must start business in "full production," and that is not true.

I hope this helps you to "get beyond" the fear of success. Jump in to a shallow pool first and play in the water until you feel comfortable diving into the deep end.

To your success,

Deb

Here is a link to 99 Homebased businesses you can start at home.

You can receive a lot of help from your local SBA Score Mentor in developing your business.  You will also need a projected budget for what it would cost you to operate a new business for at least a year.  Then you should bring both those items into your local Women's Development Center or SBA (Small Business Administration) and ask them to help you secure a LowDoc SBA Loan for new business start-ups.

For grant information go to Grants For getting started in your business with a plan and marketing strategies, go to Biz.

Hope all that helps you.  If you have further questions, please let me know.

To your continued success,
 

Deb Nyberg .....behind the scenes :)

More articles from Deb Nyberg"
 

click me







Deb Nyberg, Webmistress
Web design, graphics and programming by On Tap Web Development
All Contents and Images copyright © 1995-2008.




Sedo - Buy and Sell Domain Names and Websites project info: fodreams.com Statistics for project fodreams.com etracker® web controlling instead of log file analysis