So You Wanna Start a Business?

Ok, so the straw that's about to break the camel'severy day. The numbers have to add up - and the
back is about to fall and you're tired of doing the samepricing of the products should balance accordingly. On
drudgery work from 9-5 every day. You find yourselfthe fundamentals don't be paying 10x the price for
overworked, underpaid, and unappreciated. You want"magical" juice that doesn't actually do much more than
to find a way to get closer to financial freedom, butblueberry juice and has non-medically backed up
you just don't have the proper tools required to get theclaims to cure cancer, make your hair grow faster, and
job done... What are your options at this point?fix your toaster. Next, barrier to entry shouldn't be
The entrepreneurial dream is usually the stepping stoneoverbearing. The breakeven point should happen
for most people to realize their dream of never havingsooner rather than later from both the standpoint of
to answer to a "boss" per se again however the jumpdoing business as well as getting a break in taxes
from Kiyosaki's quadrants of E to S is basically morefrom your newfound businesses expenses.
work with a "meaner boss" :). Unfortunately the barrierTo do the analysis, we check the following items:
to entry for most at an exit plan is a large price point1. What is the TOTAL cost of this opportunity?
that many cannot afford. Which brings us to consider2. What is the TOTAL amount of tax that I can save
the many home business opportunities that are outthrough business expenses?
there in the marketplace.3. Can I reach BREAK EVEN within the first year?
Now how does one differentiate between a properWhat about the 2nd year?
opportunity that makes sense, and the cult-like kool aid4. Is there truly an opportunity to earn passive income
drinking types that make you abandon your friendsfrom this business?
and family unless they buy the lotions, potions and5. Will it break my code of ethics or moral standards
soap that fill your garage?by promoting this business?
Let's take a look at this from both the technical and6. Do I have the support and structure that I need to
fundamental sides of the fence. On the technicals,be successful?
does the product make sense? Is it something thatTake a look at what you're doing now - and if things
you actually use? Perhaps something that you alreadydon't make sense, sometimes it's better to cut your
use, or complimentary to something that you uselosses and move on before the ship sinks.