I found this article to be very interesting and it makes a great point on how a small business owner needs to function. The article talks about three people who saw their dream and went at it with everything they had. It tells a person that they must not do anything besides what their mind is set on. The author states that a person with a goal must work on that goal until it comes true. I know this is accurate because with starting your own business it may take several years before your business starts to make a profit. The article says the key of becoming successful is planning it out and spending a long time on the plan. Being a small business owner one will have to continually spend hours on hours trying to make their business the best it can be. I found this article to make great sense to me. I know that it is not brain surgery to know that a good plan and time will make a good strategy, but this article really lets a person know that it will take many hours of hard work for a long period of time to become successful.
-Jeff Blankenship
Team 3
Link-http://www.smallbusinessbrief.com/articles/inspiration/010414.html
I completely agree with this article about how planning takes a lot of time and effort. Great inventions and everyday objects we use took lots of time and preparation before they were finally able to be used. It is to a lesser degree what we do in college before we get a real job. While we may not be putting in 10,00 hours worth of work, we certainly put in a lot of preparation time in the 4 years we are in college. Although, we are still preparing even when we are out of college.
ReplyDeleteI believe that it takes a lot more time to plan and prepare a small business then it would with a larger business simply because there is a lot more work that needs to be done. I agree with Jeff that this is not a hard topic to understand, but being able to execute the plan is key for a business to be successful.
-Brian Cullum team 7
Small Business owners really need to take advantage of planning. A small business is such a risk to take on because most of the time you are putting your whole fortune into one project and mistakes need to be minimal for success. Planning allows you to try and keep mistakes minimal and hopefully grow your business with time. This can be tricky because, for example, when the stock market crashed many small businesses could not survive because they never planned for something like that to happen. Obviously most people did not know that the crash would happen but if an individual had a plan incase it did happen they may have been more likely to survive the economic crash.
ReplyDeletePosted By: Jacob Cyscon