Monday, 30 December 2013

What It Takes To Be Small Business Owner

Do You Have What It Takes To Be a Small Business Owner?

Many people dream of owning their own business, but of all of those people, only a few will actually try to make that dream a reality. Of those people, even fewer will be a success. The economy, location, and other variables can mean the difference between success and failure, but at times it is the person that is running the business. Some people are just not cut out for doing something of this magnitude. There is nothing small about being a small business owner. Only certain personality types can really make a go of a business on their own.

For one, a small business owner must be a self starter. This means that someone will take on whatever needs to be done, even when it seems that there is no rush or even need for that thing to be done. They do not have laundry sitting in the washer because they left it for later, and they are always the ones that seem to have a plan half formed before a problem gets big enough to need attention. These are the people that did homework before they left school, went the extra mile for friends without being asked, and always seemed willing to help someone else when they needed it.

A good small business owner tends to be the same person that never had time to go out and have fun for themselves. While they may have time, they always think of something more important that needs to be done. This may make them a bore when you want someone to go out with on the weekend, but this also makes them a success if they want to start a business. They have a drive and determination to put in the hours needed to make a small business a success, even if it is at the expense of their personal life.

Running a business is not a nine to five, forty hours a week type of endeavor. You have to work twice that if not more. You may find a few people you trust in the long run so that you can take more time for yourself, but when a small business owner has the entire weight of the success of their business on his or her shoulders, they are not the type to let that slide. You may find them at work more often than they are anywhere else, as least while getting the business up and off of the ground.

Not everyone has what it takes to be a small business owner. That does not mean they do not have skills and talent, it just means that this is not for them. If you wonder if you are able and ready, think about an endeavor that can be overwhelmingly exciting, but also something that can take over your entire life. If you have the drive and the will do to that and don't mind giving it every ounce of energy you can muster on any given day, you may just have what it takes to be a success small business owner.

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Sunday, 29 December 2013

Money Saving Tips

Money Saving Tips

It seems that nothing causes more stress than money. You have to keep in mind how much people need funding and rely on capital every day. Cold hard cash is what pays the mortgage, keeps you clothed, allows you to have a car and go places, keeps the light and heats on, enables you to bathe daily, and even puts food in your mouth so you don't starve. Naturally the majority of us cannot live without money. The only problem is that we tend to spend more than we actually have. This is the downside of credit cards. Everyone in this day and age wants to spend beyond their means because they can! It's time for some money saving tips.

Knowing a few money saving tips can really put that extra cash in your savings account where it belongs. One of the first things you should do is figure out your bills or monthly expenses. This means things like your mortgage or rent, car payment, food bill, utilities, and cable or Internet. Add all of these up and look at the lump sum you need monthly. Now subtract that amount from the money you make monthly, assuming you make enough to pay the bills, which most people do. Okay, at this point you need to think about all of the extras you spend on each week or day. This can be all sorts of things, but you may not typically consider them.

At this point, let's go over common extras that people spend on all the time. Knowing what these things are will help you start saving money. First of all, there is the caffeine bill. How often do you purchase a coffee outside of your home? These can cost anywhere from two to five bucks a pop. If you're buying one every day, that's a lot of cash each week spent on java fixes. So one money saving tip is to cut this out, or at least limit yourself to one or two lattes each week. Now consider your cable bill. Do you pay for the full movie package? More importantly, do you even watch what you pay for? Most people don't. So this is one of the more obvious money saving tips. Don't throw away your cash on wasted entertainment you won't even miss. What about dining out. This may be the number one issue with people in America today. Everyone spends oodles of money dining in restaurants daily. You would save so much if you ate at home. Now, these are just basic money saving tips that can benefit most people. You have to keep in mind that these mundane expenses add up very quickly.