Subscribe to new topics If you start a new business:

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If you start a new business for the first time, you really should:
  • get a ping-pong table   
  • learn basics of accounting   
  • have a great idea   
  • find out what the competitors prices are   
  • talk to your employees once in a while   
  • have a business partner   
  • have a business plan   
If you start a new business you should always:
  • make sure you have a business plan   
  • look for overlooked opportunities   
  • write a business plan   
  • choose a specific niche you know well   
  • wear a business suit   
  • understand psychology   
  • use advertising   
  • keep your mind on the profits   
  • be prepared to get bankrupt once in a while   
If you start a new business you should never:
  • ignore the fine print   
  • search for help from investors unless you know the terms exactly   
  • do it with your friends   
  • give up because of minor setbacks   
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If you start a new business you might like this about it:
  • freedom   
  • sense of accomplishment   
  • money   
  • respect of peers   
If you start a new business you won't be happy to know that:
  • most of businesses fail in first year   
  • there will be more and more bills for you to pay   
  • it's hard work   
  • those close to you may not be supportive until you make a lot of money   
If you start a new business then you could enjoy similar things/activities:
  • ruling the world   
  • adventure sports   
If you want to really start a new business you should have those things:
  • a business plan   
  • startup capital   
  • really good work ethic   
If you start a new business and you want to push the limits, try to:
  • build a hotel on the moon   
  • cure aids   
When you start a new business it is not the same as ... because ...:
  • inheritace, because you have to work for your money   
  • automatic success, because you can fail and go broke   
When you start a new business it is essentially the same as ... because ...:
  • a relationship because it has lots of needs and requires a lot of attention   
When you start a new business your "mortal enemies" are:
  • sanitation dept., taxes, competition, journalists   
  • yourself, because that's the biggest thing holding you back   
These sites will help you when you start a new business:
  • sba.gov   
You know it's the last time you start a new business when:
  • the last business you started was enron   
When you start a new business and fail it's probably because:
  • you didn't write a business plan   
  • you assumed too much about your market   
What would be different in the idea (you start a new business) if you had a million dollars:
  • you have a chance to make a second one   
If you start a new business it's probably because:
  • you can   
  • you like to be in control   




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