What stops you from starting your own business.

@CJscott (4184)
Canada
April 12, 2010 12:21am CST
This question is very straightforward. Have you considered starting your own business before? If yes, what stops you? If you have what do you enjoy most about it? If you haven't what stops you? What is holding you back, and what is right about that?
4 people like this
6 responses
• Canada
12 Apr 10
Money and lots of it for what I have in mind. What about you? whats stopping you from starting your own?
2 people like this
@CJscott (4184)
• Canada
12 Apr 10
Why nothing at all stops me. I run my own home based business. I help people to live healthier lives, while earning an income, sharing their experiences. I train and coach them until they are more successful then I am, and longer, using a network of dedicated professionals for support. It could help you acquire the capital you need to do what you want to do. And with a bit of time, and effort, it does make itself to be a passive income. With Appreciation.
2 people like this
@CJscott (4184)
• Canada
22 Apr 10
You know, I was just flipping through this conversation here, and I thought to myself, does MagicalBubbles have a good plan? If they did, it would be worth it to take to a bank, or investment company, to see what they could/would do to help Magical acquire the money. With Appreciation.
1 person likes this
• Canada
22 Apr 10
I did try with the banks and because of the "nature" of the business, they dont want to get involved. I cant say what it is here. Id start it here in Canada but it can be done anywhere in the world with people working anywhere also. Banks and investment companies arent really into the "internet world" just yet. They're still very old fashioned. The money is needed only for marketing. Thanks for coming back to me, much appreciated!
1 person likes this
@pinetree (218)
• China
14 Apr 10
as for me, 1st, experience; 2nd, money is a part of it. I want to open a school in my hometown to make more people to get right and better education .But I have no teacher, or I do not have the ability to train good teachers till now.
2 people like this
@CJscott (4184)
• Canada
14 Apr 10
Your experience, this could be a good one. You want to open a school and help folks get a better education, that is wonderful. No teacher, and no ability to train teachers till now. What has changed that has given you the ability to train good teachers? Have you considered offering to teach some children's yourself? With Appreciation.
1 person likes this
@dorannmwin (36698)
• United States
14 Apr 10
I actually started my own, very small business in June of 2009. Of course, at this point in time it is still very much a start-up but when I have a more regular schedule with everything else in my life, then I think that the potential is there that I will be able to out-earn my husband. The thing that I like about being a business owner is the fact that I am able to control my own hours. This means that I am still able to spend plenty of time with my children.
2 people like this
@CJscott (4184)
• Canada
14 Apr 10
Yes, my young Tupperware friend you did at that. I remember quite well. If you are always waiting for the "right" time it will never come, it is always now. There is more then enough potential, did you know that last year tupperware made 2.1 Billion dollars in sales last year, ranking them 8th place in the direct selling field, according to directsellingnews.com. http://www.directsellingnews.com/index.php/site/entries_archive_display/direct_selling_news_global_100_2009/r:f So, you will be able earn more then your husband easily. Yes, controlling your own hours is a plus, sometimes it is a minus for me, because I don't focus well. I also like the tax breaks....got a fat refund this year. I am sure I mentioned it to you before, I am more then happy to help you with your team building when you are ready for that. http://mlmguidaneebook.info, reading that is the first step. With Appreciation.
1 person likes this
• India
12 Apr 10
What stops someone from starting their own business is a fact known to all. The risk involved.The money that first needs to be invested in it before we can get some money out of it. This one factor has left many people doing jobs all their lives. There are tons of people willing to start a business if someone gives them the required capital.
@CJscott (4184)
• Canada
12 Apr 10
Ah, yes, the old I don't have the money to do it problem. Many people have over come this obstacle. I once heard a story, about a minister, who needed a million dollars to start his dream business. He wrote a sermon about it, and was going to offer the sermon in front of a group of people. On the day he was to deliver his sermon, he lost his notes, still determined to give that sermon, he went behind the podium and spoke from his heart, and in the back of the audience, a kindly old man, was inspired to donate the money he needed to start it up. It was the first technical college in all of America, it was the dream to teach people through hands on experience. I wish I could remember the name of the college, but alas, I can not. Of course, this story isn't typically how it works. What if there was a way, you could start a business for low capital? Work from home? And have your results be more determined on your effort, rather then your investment?
1 person likes this
• Philippines
12 Apr 10
Yes I had operated my small business before. It last for about 5 months. I decided to closed it coz there was an opportunity came into my way. One of my friend form overseas encourage me to work abroad. The offered salary was quite bit high that's why I stoped to operate my own business.
2 people like this
@CJscott (4184)
• Canada
12 Apr 10
Interesting. What is that you did for yourself? What lured you away?
1 person likes this
@cyrus123 (6383)
• United States
13 Apr 10
I had my own business from 1984 to 1986. It was a bookstore and my daddy helped me get started in business. He passed away during that time, though, and even though I enjoyed having my own business, it was a pretty stressful time for me. I'm sure you can understand if you've had anybody in your family to pass away. I would love to have my own business now but I know it takes money to get one started and I don't have anybody in my family to help me now. Also, I'm getting SSI now and it might effect my SSI check. Kathy.
1 person likes this
@cyrus123 (6383)
• United States
13 Apr 10
We had to close the bookstore because we didn't do any good. In other words, it didn't make a profit. I say "we" because when my daddy was living, he owned the shopping center where my bookstore was and he was over me, if you know what I mean. When he passed away, my brother got the shopping center and he was over me. Then, my brother gave the shopping center to my brother-in-law and he was in charge of the bills on the place for about two or three weeks before we went out of business. Kathy.
1 person likes this
@CJscott (4184)
• Canada
14 Apr 10
Awesome, what did you enjoy most about it, before your fathers passing that is? I like bookstores, no profit though eh, that is a bummer. It goes like that sometimes, I am happy that you took the chance in the first place. It is a big risk, most people aren't confident enough to take. As much as I love SSI, I feel, that if you could do something, you loved to do, while making money, then, you could let that SSI, go to someone who could use it more. I like that the government takes the time to support people. And I know there are some things you can do such as MLM, that do not take much start up funds, and you could easily earn more doing that then SSI. With Appreciation.
1 person likes this
@cyrus123 (6383)
• United States
15 Apr 10
I enjoyed the customers mainly and I also loved running the register. I think the main reason why we didn't do so well was because of the location. Daddy and I thought it would be a good location at first because it was in the same shopping center where Walmart was at the time. It was quite a ways up the sidewalk from Walmart, though, and people didn't notice it that much. There was also a grocery store in that smae shopping center called "Winn Dixie". Daddy had warned me when we first opened the bookstore that if it didn't do any good after 3 years, we would have to go out of business so I wasn't really surprised. At the same time, I really hated to lose it because I enjoyed running my own business. We had to go out of business after 2 years, though, because we had already lost too much money. We were also one of the first stores here in town to rent movies and vcrs. I really do need the SSI and I couldn't afford to give it away. Kathy.
1 person likes this