Saturday, January 14, 2012

How to Run a Small Business

By Brian M Layne

When learning how to run a small business you have to determine what kind of entrepreneur you are. Are you the kind who suddenly has an idea and decides to go with it? Or did you have an inspiring idea and are still pondering on it. Both these approaches basically have the same outcome. Once you have decided to go it alone and are setting up and running your small business, in order to have a solid base to work from you must establish a motivation.

What Motivates You?

Every person is different, and because of this each and everybody has different motivations as to why they are running their small business. Your motivation might be:

* I don't want to work for a boss. Most people find this their strongest motivation; they want to be their own boss.

* Working 9 - 5 makes me crazy, many people want out of the 9 - 5 trap.

* The BIG idea! Many owners of small businesses think that a particular idea is so exciting that they just have to try it.

* Finding a need and satisfying that need or change in lifestyle.

* I have lost my job and what do I do now?

* And the final, and most important, MONEY! Money is a very strong motivator.

There is a world of difference between being an entrepreneur and an employee. And one really important question you have to ask is, do I have the right personality to be a successful entrepreneur and rel=nofollow []run a small business The stronger your motivation the move able you will be to make a success of your business.

Decision Making

Decision making is integral to learning how to run a small business. Decision made as an employee are applied differently, when you are running you own small business you will be called to make decisions, that might determine whether the mortgage or rent is going to be paid at the end of the month. Decision taking should be fast and decisive.

Believe in Your Self

Self confidence is vital to attract and retain customers when learning how to run a small business. You have got to have both confidence in yourself and your product. This attribute works hand in hand with decision making. Make a decision, stick to it, and believe in your own ability, this will give your customers confidence in YOU.

Self Discipline

Because of the flexibility that being self employed brings about, you have got to practice self discipline. Self discipline dictates that you have to get out of bed on a rainy, wet Monday morning and work. You have to tackle difficult tasks and not put them off till tomorrow. Focus on your goals!


Determination is probably the most important of all these factors. Focus on the task ahead and wade through every obstacle in your way. If you are distracted from the path of your goals, then get right back on track again with determination.

All of these factors are vital when learning how to run a small business. Once you have these in place, your business will be successful.

Brian Layne has contributed insight on the new []Global Information Network Business Opportunity.

Article Source: [] How to Run a Small Business

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