Success Happy

What makes you drive to become your own and how long does it take to be successful in business?

Public Comments

1. there should be interest in work and must be sincere at your time and hard work.
2. For me, what pushed me to be an entrepreneur and self employed are: 1. The freedom to pursue your own vision. 2. The control and flexibility you have over your own time. 3. The opportunity to learn and gain knowledge. 4. The highs and lows of self-employment- Entrepreneurs face tremendous challenges and experience incredible joys when these challenges are overcame. 5. The sense of pride and fulfillment in accomplishing things. 6. The confidence you gain in knowing that you can do it. 7. Potential earnings exceed a salaried employee. 8. Business owner reaps the full rewards. 9. Each new day is a challenge. 10. The chance to share your learning. How long does it take to be successful in business? It depends on what type of business you have, what kind of resources you have at the get-go, and even how you define success. SBA has a study entitled "Redefining Busines Success: Distinguishing Between Failure and Success" http://www.sba.gov/advo/stats/bh_sbe03.pdf by Brian Headd that looked at the characteristics that result in better chances of survival. The study also looked at the factors that were characteristics of closure. The study showed that - 66 percent of new employers survive two years or more - 50 percent survive 4 years or more - and 40 percent survive six years or more
3. People start their own businesses for a lot of reasons. Some want to get out of the corporate culture. Some are just looking to make a little extra money. Some are passionate about doing a certain type of work. These are all viable reasons. Being self-employed is hard work. The hours are long and it can take years before a business is profitable. But the rewards are amazing. There is a sense of accomplishment and pride that is incredible. You can really create something from scratch and make a difference in people's lives. And you can do it *your* way instead of someone else's. I think that is the driving factor for a lot of people. As far as how long it takes to be successful... that depends on your definition of success, doesn't it?
4. Often, it is passion for something you believe in. It takes anywhere from six months to one year to get established. If the business is well researched and backed by sound planning and implementation, the chances of succeeding are high and the wait is not so long. How you promote your product/service is also critical to success.