Lsapartnerscom
Posted by on September 5th, 2010
Business
Posted by on May 11th, 2010
Should You Start a Small Business?Should You Start Your Own Business?
So, you've decided to leave the rat race behind and become your own boss. Now what? Although we all have had days where we want to take Johnny Paycheck's advice to heart ("Take This Job & Shove It"), there are many things you will need to consider before making a final decision.
First and foremost is the choice of what field to enter. We've all heard the maxim that says "Do what you love", but will that pay the bills? I don't know many people who are interested in paying me to sit on the couch and watch TV, no matter how much I enjoy it. While it is important that you like your work since you will put a lot of time and effort into a small business, it is equally important that you be realistic in what the market is calling for. You do not want to get into a situation where you have spent your entire life savings on a plan that has no chance of succeeding.
You will need to consider such factors as what problem your product or service solves and who has this problem. Do your potential clients have the money to pay for the product or service you are offering? For instance, you may have a dog who chews your furniture when left home alone, so you decide you want to start a dog daycare, which is a fairly high-priced service. It will be an uphill struggle to succeed if you are in an area where people struggle to meet their basic daily needs.
You also must make sure that others have the same problem you are trying to solve with your product or service. You may be extraordinarily good at drawing spiders and snakes, and your idea is to sell your drawings because they fill the blank spots on the walls of your house. However, you need to think about how many people are sitting around staring at their living room walls thinking, "Boy, this room would be just perfect if I only had a picture of a tarantula to hang over the fireplace."
Another consideration is whether or not you are good at creating the product or providing the service. I dearly love to sew, but most of the garments I create would fit either a resident of Munchkinland or an NBA player - no one in between. My clientele would be rather limited if I chose this as a career.
So, you've decided to leave the rat race behind and become your own boss. Now what? Although we all have had days where we want to take Johnny Paycheck's advice to heart ("Take This Job & Shove It"), there are many things you will need to consider before making a final decision.
First and foremost is the choice of what field to enter. We've all heard the maxim that says "Do what you love", but will that pay the bills? I don't know many people who are interested in paying me to sit on the couch and watch TV, no matter how much I enjoy it. While it is important that you like your work since you will put a lot of time and effort into a small business, it is equally important that you be realistic in what the market is calling for. You do not want to get into a situation where you have spent your entire life savings on a plan that has no chance of succeeding.
You will need to consider such factors as what problem your product or service solves and who has this problem. Do your potential clients have the money to pay for the product or service you are offering? For instance, you may have a dog who chews your furniture when left home alone, so you decide you want to start a dog daycare, which is a fairly high-priced service. It will be an uphill struggle to succeed if you are in an area where people struggle to meet their basic daily needs.
You also must make sure that others have the same problem you are trying to solve with your product or service. You may be extraordinarily good at drawing spiders and snakes, and your idea is to sell your drawings because they fill the blank spots on the walls of your house. However, you need to think about how many people are sitting around staring at their living room walls thinking, "Boy, this room would be just perfect if I only had a picture of a tarantula to hang over the fireplace."
Another consideration is whether or not you are good at creating the product or providing the service. I dearly love to sew, but most of the garments I create would fit either a resident of Munchkinland or an NBA player - no one in between. My clientele would be rather limited if I chose this as a career.
So, you've decided to leave the rat race behind and become your own boss. Now what? Although we all have had days where we want to take Johnny Paycheck's advice to heart ("Take This Job & Shove It"), there are many things you will need to consider before making a final decision.
First and foremost is the choice of what field to enter. We've all heard the maxim that says "Do what you love", but will that pay the bills? I don't know many people who are interested in paying me to sit on the couch and watch TV, no matter how much I enjoy it. While it is important that you like your work since you will put a lot of time and effort into a small business, it is equally important that you be realistic in what the market is calling for. You do not want to get into a situation where you have spent your entire life savings on a plan that has no chance of succeeding.
You will need to consider such factors as what problem your product or service solves and who has this problem. Do your potential clients have the money to pay for the product or service you are offering? For instance, you may have a dog who chews your furniture when left home alone, so you decide you want to start a dog daycare, which is a fairly high-priced service. It will be an uphill struggle to succeed if you are in an area where people struggle to meet their basic daily needs.
You also must make sure that others have the same problem you are trying to solve with your product or service. You may be extraordinarily good at drawing spiders and snakes, and your idea is to sell your drawings because they fill the blank spots on the walls of your house. However, you need to think about how many people are sitting around staring at their living room walls thinking, "Boy, this room would be just perfect if I only had a picture of a tarantula to hang over the fireplace."
Another consideration is whether or not you are good at creating the product or providing the service. I dearly love to sew, but most of the garments I create would fit either a resident of Munchkinland or an NBA player - no one in between. My clientele would be rather limited if I chose this as a career.
Should You Start a Small Business?
Should You Start Your Own Business?So, you've decided to leave the rat race behind and become your own boss. Now what? Although we all have had days where we want to take Johnny Paycheck's advice to heart ("Take This Job & Shove It"), there are many things you will need to consider before making a final decision.
First and foremost is the choice of what field to enter. We've all heard the maxim that says "Do what you love", but will that pay the bills? I don't know many people who are interested in paying me to sit on the couch and watch TV, no matter how much I enjoy it. While it is important that you like your work since you will put a lot of time and effort into a small business, it is equally important that you be realistic in what the market is calling for. You do not want to get into a situation where you have spent your entire life savings on a plan that has no chance of succeeding.
You will need to consider such factors as what problem your product or service solves and who has this problem. Do your potential clients have the money to pay for the product or service you are offering? For instance, you may have a dog who chews your furniture when left home alone, so you decide you want to start a dog daycare, which is a fairly high-priced service. It will be an uphill struggle to succeed if you are in an area where people struggle to meet their basic daily needs.
You also must make sure that others have the same problem you are trying to solve with your product or service. You may be extraordinarily good at drawing spiders and snakes, and your idea is to sell your drawings because they fill the blank spots on the walls of your house. However, you need to think about how many people are sitting around staring at their living room walls thinking, "Boy, this room would be just perfect if I only had a picture of a tarantula to hang over the fireplace."
Another consideration is whether or not you are good at creating the product or providing the service. I dearly love to sew, but most of the garments I create would fit either a resident of Munchkinland or an NBA player - no one in between. My clientele would be rather limited if I chose this as a career.
Management Consultant
Posted by on July 18th, 2010
- Management consulting - Wikipedia, the free encyclopedia
Akademischer Unternehmensberater (Academic Management Consultant) - Austria - incite -institute for management consultants and information technology experts, Vienna - Management Analysts
For example, a small but rapidly growing company might employ a consultant who is an expert in just-in-time inventory management to help improve its inventory-control system. - Management Consultant
Various test prep options available, pick one based on your own learning style: online, classroom, private tutoring. - Institute of Management Consultants USA
Professional association & certifying body for management consulting, promoting excellence and ethics and awarding the Certified Management Consultant (CMC). - Best Careers 2009: Management Consultant - US News and World Report
Top Ivy Leaguers frequently target this career, for good reason.
