Entrepreneurship: Everything You Need to Know about How to Start, Manage and Profit in Your Own Business or as a Freelancer by Samuel River - Read Online
Entrepreneurship
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Summary

In today’s highly challenging and competitive economy, many people wish to have their own business and manage their own finances, as it shows itself as a better way to have more freedom to travel and also to increase one’s income. The challenge, however, isn’t very different from what we see in business owners, that now, more than ever, feel the pressure to continuously improve themselves and upgrade their business to a more updated level. Taking into account the new paradigms being presented around the world, this book shows, step by step, how to start your own business, how to analyze the value of an business idea, and how to make sure any business is profitable and remains profitable for many years. Here, you will be guided into finding and choosing the best opportunities, but also into judging the choices of others more accurately.

Published: 22 Lions Bookstore on
ISBN: 9781386533566
List price: $2.99
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Entrepreneurship - Samuel River

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Entrepreneurship: Everything You Need to Know about How to Start, Manage and Profit in Your Own Business or as a Freelancer

Copyright © Samuel River, 2017 (1st Ed.) All Rights Reserved.

Cover Photo © By geralt Via Pixabay CC0 Public Domain.

Published by 22 Lions

Introduction

In today’s highly challenging and competitive economy, many people wish to have their own business and manage their own finances, as it shows itself as a better way to have more freedom to travel and also to increase one’s income. The challenge, however, isn’t very different from what we see in business owners, that now, more than ever, feel the pressure to continuously improve themselves and upgrade their business to a more updated level. Taking into account the new paradigms being presented around the world, this book shows, step by step, how to start your own business, how to analyze the value of an business idea, and how to make sure any business is profitable and remains profitable for many years. Here, you will be guided into finding and choosing the best opportunities, but also into judging the choices of others more accurately.

Evolution and Self-Worth

As the world evolves, so do the ways one has of creating wealth.

Often the problem isn’t as much in the process as it is in the methodology, as one may be using old thinking models that are now outdated.

The same applies to running a business or managing an old one. Things have changed in such a fast-pace, that is actually dangerous for a person not to evolve with the technology and the mindset you have today.

Despite the fact that you may have to spend some time relearning old things and adapting to new thinking models, the outcome of investing your time on that can result in much more productivity and efficiency, and that means profiting much faster as well.

There are many ways we can follow to strategize a business, but I’ll here refer to the most basic ones, those you must never forget in today’s economy. And there are basically two paths in conducting a business: One is about offering a service and the other about offering a product. If you work for another person or a company, you’re usually doing one of these two things.

A teacher, for example, is providing a service. Someone working in a factory, is working for a product. The salary comes from the sale of that product.

In this sense, when people say that they don’t want a job but a business, what they’re saying is that they don’t want to help someone else managing his business or in profiting from it, and instead wish to do everything by themselves. They’re actually accepting a higher level of responsibility, either they can commit to it or not.

The risk of losing a job and a business is actually at the same level, although the type of responsibility implied changes. One isn’t safer in