Saturday, April 28, 2012

Personal Finance News Saturday 4/28

Phil's Personal Finance Tip of the Day:

How to Launch Your Dream and Avoid a Nightmare
From Dave Ramsey.com
Ensure not only your independence but also success

Maybe it’s the idea of creating a legacy. Or the chance to follow your passion, help others, and become the next Donald Trump (minus the comb-over). Whatever is driving you to become an entrepreneur, how do you know when it’s time to turn that dream into a reality and launch your small business? Or more importantly, should you even do it at all?

As Dave writes in his newest best-selling book, EntreLeadership, there are several factors you should consider before taking that final leap into becoming a full-time business owner, including:

 

Asking Yourself Why

Question any super-successful business owner about the beginning of their company, and they will tell you countless war stories. It isn’t easy making green. Starting a company usually involves long hours, superhuman efforts and borderline disasters on a daily basis.

Before you make any move, take some time for some deep soul-searching, and ask yourself why you want to open a business. If it’s strictly for the dollars, then count yourself gone. To make it, you have to have a higher calling. You need a burning desire for what you are about to create. “Find something you love doing so much that on the tough days you have a reason to fight on,” Dave says.


To read the entire article on Dave Ramsey.com:
http://www.daveramsey.com/article/how-to-launch-your-dream/lifeandmoney_business/entre_content

Quote of the Day from Dave Ramsey.com:
The truth will set you free. But before it does, it might make you angry. — Jerry Joiner

Please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST. at Dave Ramsey.com.

No comments:

Post a Comment