Comments on: The Barriers to Starting Your Own Business http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/ Thoughts and Stories of an Entrepreneur on the Web Sat, 05 Jul 2008 10:37:39 +0000 http://wordpress.org/?v=2.0.4 by: Ev http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-56053 Thu, 03 Jul 2008 16:57:59 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-56053 Start an Internet business (if you are info-tech inclined) and build it up through cyber-sweat equity. I have started several Internet businesses in my spare time and have borrowed nothing in the form of money. You do have to spend allot of time developing the business, but even with the experiments that did not work, I grew and developed the skills that are necessary in this modern hi-tech world. One of my early ventures that worked, http://www.start-cleaning-business.com still pays the bills four years later! It's an option for some and it does address many of the issues in the post. Start an Internet business (if you are info-tech inclined) and build it up through cyber-sweat equity. I have started several Internet businesses in my spare time and have borrowed nothing in the form of money. You do have to spend allot of time developing the business, but even with the experiments that did not work, I grew and developed the skills that are necessary in this modern hi-tech world. One of my early ventures that worked, http://www.start-cleaning-business.com still pays the bills four years later! It’s an option for some and it does address many of the issues in the post.

]]> by: Entrepreneur Life http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-52093 Fri, 09 May 2008 03:19:13 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-52093 These are all very valid points for why many people choose to not start a business and most people have no idea the real work that comes with business ownership. They would rather envision earning big money and being on vacation all the time. As a small business owner myself I know what an 18 hour day feels like, thats something that most small business owners don't picture when starting out. These are all very valid points for why many people choose to not start a business and most people have no idea the real work that comes with business ownership. They would rather envision earning big money and being on vacation all the time. As a small business owner myself I know what an 18 hour day feels like, thats something that most small business owners don’t picture when starting out.

]]> by: RandRFinance http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-48707 Mon, 14 Apr 2008 19:40:43 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-48707 Excellent Article. I agree with the statement about people saying starting a new business is too risky. A lot of people think that they have to personally finance the business they want to start to they do take out a second morgage, dip into their personal savings, and/or apply for credit cards (personal and busniess) to fund the business putting them personally liable for the business success or failure. What a lot of the public doesn't know is that there is an easier way to fund a business putting little liabily on ones self, that is gone after a year. Unsecured Finance makes it easy for people to finance a company that doesn't put them liable. Unsecured Credit lines works like a credit card, but the company its self is held liable. They also can be easier to obtian and can offer a lot for a new and starting company. Excellent Article. I agree with the statement about people saying starting a new business is too risky. A lot of people think that they have to personally finance the business they want to start to they do take out a second morgage, dip into their personal savings, and/or apply for credit cards (personal and busniess) to fund the business putting them personally liable for the business success or failure.

What a lot of the public doesn’t know is that there is an easier way to fund a business putting little liabily on ones self, that is gone after a year. Unsecured Finance makes it easy for people to finance a company that doesn’t put them liable. Unsecured Credit lines works like a credit card, but the company its self is held liable. They also can be easier to obtian and can offer a lot for a new and starting company.

]]> by: Lara http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-46351 Mon, 24 Mar 2008 18:08:29 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-46351 Running a business successfully can be difficult, but professional development seminars and training can be helpful in providing you with the tools to be a great success. I've found the best tool is to get a business coach, a mentor and a network. They make you accountable which generates results. If you want more information on my experiences, contact me. lara@arrowbusinesstraining.com Running a business successfully can be difficult, but professional development seminars and training can be helpful in providing you with the tools to be a great success. I’ve found the best tool is to get a business coach, a mentor and a network. They make you accountable which generates results. If you want more information on my experiences, contact me.

lara@arrowbusinesstraining.com

]]> by: Alex http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-37453 Mon, 10 Dec 2007 12:02:22 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-37453 If been doing somthing 15 years, and have talked to many customers and most like me and not so much our main company. So I have alrady established a client base first, now this winter I will set everything up. on the side. and make the big leap in the spring. and shock the hell out of a lot of people. I would of done it earlier but was in fear of debt. but noe house is paid off and my kid is older, 17. and he wants to help in this venture, and many have always told me why the heck dont you do it for yourself. So the main thing will be competitive prices, good service, and a couple of other issues. and not dealing with bad payers. if it doesnt work out, I would be very very suprised. So wish me luck If been doing somthing 15 years, and have talked to many customers
and most like me and not so much our main company.
So I have alrady established a client base first, now this winter I will
set everything up. on the side. and make the big leap in the spring.
and shock the hell out of a lot of people. I would of done it earlier but was
in fear of debt. but noe house is paid off and my kid is older, 17.
and he wants to help in this venture, and many have always told me why the heck dont you do it for yourself. So the main thing will be competitive prices,
good service, and a couple of other issues. and not dealing with bad payers.
if it doesnt work out, I would be very very suprised.
So wish me luck

]]> by: The Barriers to Starting Your Own Business at Who Defines You http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-37383 Sun, 09 Dec 2007 14:26:16 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-37383 [...] about business� 4) �Maybe one day, but for now it�s just a dream� Check this article on The Barriers to Starting Your Own Business to learn moreWritten byChris [...] […] about business� 4) �Maybe one day, but for now it�s just a dream� Check this article on The Barriers to Starting Your Own Business to learn moreWritten byChris […]

]]> by: Jason http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-34492 Mon, 12 Nov 2007 10:39:52 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-34492 Where did you get the numbers from? Very interesting to say the least. Fear of debt 51% Difficulty getting finance 50% Fear of failure 47% Losing current income 37% Complexity of regulations 33% Losing security 32% Economic climate 29% Lack of knowledge 22% Lacking business skills 21% Loss of current prospects 17% Lack of an idea 12% Hard work involved 12% Family commitments 2% Lacking premises/staff 1% I really liked the article. A very good topic, but you should add in there that a lot of the people that have these ideas don't have the skills to take their idea to the finish line even if they tried. It's not easy and that's why most don't follow through with it. Where did you get the numbers from? Very interesting to say the least.

Fear of debt 51%
Difficulty getting finance 50%
Fear of failure 47%
Losing current income 37%
Complexity of regulations 33%
Losing security 32%
Economic climate 29%
Lack of knowledge 22%
Lacking business skills 21%
Loss of current prospects 17%
Lack of an idea 12%
Hard work involved 12%
Family commitments 2%
Lacking premises/staff 1%

I really liked the article. A very good topic, but you should add in there that a lot of the people that have these ideas don’t have the skills to take their idea to the finish line even if they tried. It’s not easy and that’s why most don’t follow through with it.

]]> by: Business News http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-32054 Fri, 12 Oct 2007 19:03:39 +0000 http://mattinglot.com/blog/2006/04/13/the-barriers-to-starting-your-own-business/#comment-32054 <strong>Business News</strong> Occasionally, you\'ll get bogged down by the colossal amount of Business news realizable. Business News

Occasionally, you\’ll get bogged down by the colossal amount of Business news realizable.

]]>