While it is good to learn from mistakes, it’s better to avoid them altogether. Avoiding these mistakes will not only increase your chances of succeeding but will also help facilitate your dream of becoming your own boss and travelling the world.
Every small business starts with a dream. From just a wishful thought, startups have sprouted up everywhere, especially on the Internet. The average age of most successful business owners may surprise you, though, because it’s a bit older than you’ve probably imagined. It is the ripe old age of 40.
A homemade cosmetics business is likely to become a profitable venture, as people increasingly seem to prefer natural and homemade products to use on their hair and skin. If making homemade cosmetics is one of your hobbies, you can earn an attractive income by turning this hobby into a business.
In a sense, all franchise business opportunities are existing businesses. No one is going to believe you if you say that you’re opening a Little Caesar’s or 7 Eleven start-up; the whole point of a franchise is that the business is already successful.
Once you’ve embraced the nuances of the small business world, I bet you’ll find it the best time of your life. It’s high risk and high reward, but I’d never trade it for the corporate world. Small business is the American dream.
When you hear the word “entrepreneur,” what immediately comes to mind? If you’re like most people, you’re probably picturing a recent college graduate who’s a bit disheveled, brilliant, and obsessed with earning a six-figure income by age thirty.
We know that franchise businesses are important in the U.S. as employers—about one third of all the revenue in the U.S. flows through franchises and one in 16 American workers is employed at a franchise. But ownership is not the same as employment.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.