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this question is more for the students here, myself thinking about a consulting company (computers related).
I do that already believe me, globally the entry to that market may be easy in the sense that you only need to know what you are doing, but there are so many other hidden barriers. You just are not going to be competitive enough with the likes of infosys and wipro mass producing cheap labor in India.light_bulb said:this question is more for the students here, myself thinking about a consulting company (computers related).
And of course you have to learn to delegate :tongue2:Artman said:Well, you will never get rich working for someone else.
That being said, owning a business is a PITA. If you have a good, desirable product or service, and don't mind doing the Federal/State/Local taxes, insurance, healthcare, Social Security, payroll, inventory, quarterly reports, advertising, dealing with employees, public, clients, creditors, deadbeats, then have at it. However, being your own boss can have some advantages.
Actually, this works well if you can find the right people or person. My wife and I owned a video store and the worst thing was scheduling employees. We offered one of our employees more money to take that headache job of doing all the scheduling and dealing with all the requests for time off, etc. Made our life better.Anttech said:And of course you have to learn to delegate :tongue2:
According to a survey by Guidant Financial, 27% of Americans have considered starting their own business.
The top three reasons people consider starting their own business are the desire to be their own boss, the pursuit of a passion or interest, and the potential for higher income.
Statistics show that about 12% of Americans have actually started their own business.
The most common types of businesses people start are consulting or freelancing, retail or e-commerce, and food or beverage businesses.
The biggest challenges people face when starting their own business include financial constraints, lack of knowledge or experience, and finding the right market or audience for their product or service.