| Know how rich you want to be, being in business for | | | | well-defined personal satisfaction, the lifestyle you truly |
| yourself before you decide to own a business. As a | | | | want, and a product or service line that satisfies you to |
| young entrepreneur, I read a book called Finding Your | | | | be depths of your being. Know your business`s |
| Niche, written by Laurence J. Pino. It empowered me | | | | personality and develop a true business identification. |
| precisely to attain the level I am now in business. You | | | | According to John D. Rockefeller - If you want to |
| can set up your business, start now. | | | | succeed you should strike out on new paths rather |
| Decide the type of business you want to do and | | | | than travel the worm paths of accepted success. |
| register the business name with the right body. Think | | | | Have a profit-making business operation, determine to |
| about how to raise money for your business and be in | | | | what specific position in the marketplace you will best |
| business, such as your personal savings, friends or | | | | be able to adapt your particular business. Make a |
| family members, and the bank, if you have a good | | | | difference and have success in business. Increase |
| credit rating and guarantors. | | | | your commitment and mission, and establish your |
| Take a detailed look at your current reality and form a | | | | market position; find your niche. |
| clear picture of where you would like your business to | | | | You can create a business and a market position that |
| be in the future. Take at your situation as it stands | | | | is independent of any of the other players on the field. |
| today. Examine your product or service line, your | | | | Make up your mind to build the best business, start |
| infrastructure, how you market - everything that | | | | with a business with a market niche. Life is beyond |
| relates to the current status of your business | | | | earning yourself a living, you must be in business for |
| operation. | | | | yourself. |
| Develop mission statement that will propel your | | | | Get focused and build momentum toward a new |
| business forward. For instance, when Bill Gates and | | | | market niche you want. Be smart and establish market |
| Paul allen founded Microsoft Corporation, their mission | | | | that is yours alone. Identify your customers and make |
| was a computer on every desk and in every home, all | | | | things easier for yourself. Structure your operation |
| running Microsoft software.What mission do you want | | | | around your market in general. Understand who you |
| to accomplish as an entrepreneur? | | | | are and what you want. Understand how you want to |
| Most entrepreneurs are motivated by a desire for | | | | extend that into the world through your business. |
| financial and creative independence, but those are | | | | Understand what niche you want that business to |
| broad concepts which need to be refined to be useful. | | | | serve, and your results are instant. |
| Conduct your business according to certain | | | | |