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	<title>Comments on: Starting a business is less risky than it seems</title>
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	<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/</link>
	<description>Advice at the intersection of work and life</description>
	<lastBuildDate>Thu, 09 Feb 2012 14:26:03 +0000</lastBuildDate>
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		<title>By: Starting a business is less risky than it seems &#171; Breaking Out and Up</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-267646</link>
		<dc:creator>Starting a business is less risky than it seems &#171; Breaking Out and Up</dc:creator>
		<pubDate>Sat, 31 Dec 2011 18:37:32 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-267646</guid>
		<description>[...] Click here to read the article Don&#8217;t listen to those people who tell you small businesses are risky. Listen to Matt Rivers, owner of Pump House surf shop in Massachusetts, who went into business when he was 17. To him, the biggest risk was that he&#8217;d have to grow up and get a job that wouldn&#8217;t allow him to surf. Matt redefined the meaning of risk, and you should, too. What is most important in your life? Can starting your own business get that for you better than a corporate job? Then entrepreneurship is pretty low-risk for you. Share this:TwitterFacebookLike this:LikeBe the first to like this post. [...]</description>
		<content:encoded><![CDATA[<p>[...] Click here to read the article Don&#039;t listen to those people who tell you small businesses are risky. Listen to Matt Rivers, owner of Pump House surf shop in Massachusetts, who went into business when he was 17. To him, the biggest risk was that he&#039;d have to grow up and get a job that wouldn&#039;t allow him to surf. Matt redefined the meaning of risk, and you should, too. What is most important in your life? Can starting your own business get that for you better than a corporate job? Then entrepreneurship is pretty low-risk for you. Share this:TwitterFacebookLike this:LikeBe the first to like this post. [...]</p>
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		<title>By: Assech Omega</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-248710</link>
		<dc:creator>Assech Omega</dc:creator>
		<pubDate>Tue, 12 Apr 2011 13:55:03 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-248710</guid>
		<description>&lt;a href=&quot;http://www.chineseenergetics.com&quot; rel=&quot;nofollow&quot;&gt;
Energy Psychology
&lt;/a&gt; 

This is really THE BEST!!!</description>
		<content:encoded><![CDATA[<p><a href="http://www.chineseenergetics.com" rel="nofollow"><br />
Energy Psychology<br />
</a> </p>
<p>This is really THE BEST!!!</p>
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		<title>By: Amanda T. Adams</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-226342</link>
		<dc:creator>Amanda T. Adams</dc:creator>
		<pubDate>Sat, 17 Apr 2010 21:47:31 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-226342</guid>
		<description>I was told, too, that most starting businesses fail and it is risky.  My entire childhood growing up, I was taught that getting a degree with good grades from a prestigious college or graduate school was a one way ticket to lifelong prosperity, a glamorous job, and job security.

You are ABSOLUTELY RIGHT!  It is &quot;riskier&quot; to think that a corporation will keep you.  When I did my first career as a news broadcaster, I was fired twice over differing ideas with two bosses (I&#039;m too unique to fit in to a corporate environment).  I loved news broadcasting, but having a secure job in that field is like winning the lottery.  Breaking in isn&#039;t that hard -- staying at a place is.

I then made the mistake of going to law school, not believing I&#039;d make 150 K, but thinking I&#039;d probably make 40 K with a six month job search.  Wrong.  1 in 4 law school graduates is fortunate enough to do that.  I did get such a job, but lost it, again due to being too creative and different to fit into a corporate environment.

After wasting thousands on law school and getting fired by a firm and told by a boss at a charity internship that my work as an attorney was alarmingly bad, I started my own law practice accidentally helping with friends&#039; case I felt sorry for.  I was a lot more confident because I had some skill set and ideas on how to solve their problems and they looked up to me.  I took on 7 friends&#039; cases just for fun while I would look for a job again.

Within a month, I realized I WAS running my own law practice -- I just needed more customers and marketing.  Disregarding the establishment advice of the babyboom generation to work for an employer and realize I was a bad person for being fired, I rebelled and took the &quot;risk&quot; of starting my own business.  My career counselor at NIU would be so ashamed of me.  To his extreme disappointment, I have not been a walking disaster.  

During the worst economy since the 1930s, my first year in business, I grossed more than I made at any job professional or not in my adult life.

Risking the emotional abuse of a corporation and putting all your eggs in one client&#039;s (the boss&#039;s) basket is more financially risky than investing my services in 100 clients who are ordinary people.  If one customer doesn&#039;t like me, I lose 1/100th of my income, not 100 percent if my corporate boss doesn&#039;t like the color of my eyes and lets me go. Not everyone likes my work, but I feel I&#039;ve achieved more than fair results 80 to 90 percent of the time in court.

The people I work for now look up to me as their hero -- all of my corporate bosses in journalism and law viewed me as a suspect making sure I wasn&#039;t wasting the money they paid me.

The baby boom idea that working for a corporation your entire life is the way to go is so outdated and unrealistic in this economy.  It is FAR more risky to work for a corporation.  You&#039;re investing ALL your services and potential income in ONE person/organization.

I&#039;d rather have 100 clients paying me a bit of money coming and going.  Its a far more stable life.</description>
		<content:encoded><![CDATA[<p>I was told, too, that most starting businesses fail and it is risky.  My entire childhood growing up, I was taught that getting a degree with good grades from a prestigious college or graduate school was a one way ticket to lifelong prosperity, a glamorous job, and job security.</p>
<p>You are ABSOLUTELY RIGHT!  It is &#034;riskier&#034; to think that a corporation will keep you.  When I did my first career as a news broadcaster, I was fired twice over differing ideas with two bosses (I&#039;m too unique to fit in to a corporate environment).  I loved news broadcasting, but having a secure job in that field is like winning the lottery.  Breaking in isn&#039;t that hard &#8212; staying at a place is.</p>
<p>I then made the mistake of going to law school, not believing I&#039;d make 150 K, but thinking I&#039;d probably make 40 K with a six month job search.  Wrong.  1 in 4 law school graduates is fortunate enough to do that.  I did get such a job, but lost it, again due to being too creative and different to fit into a corporate environment.</p>
<p>After wasting thousands on law school and getting fired by a firm and told by a boss at a charity internship that my work as an attorney was alarmingly bad, I started my own law practice accidentally helping with friends&#039; case I felt sorry for.  I was a lot more confident because I had some skill set and ideas on how to solve their problems and they looked up to me.  I took on 7 friends&#039; cases just for fun while I would look for a job again.</p>
<p>Within a month, I realized I WAS running my own law practice &#8212; I just needed more customers and marketing.  Disregarding the establishment advice of the babyboom generation to work for an employer and realize I was a bad person for being fired, I rebelled and took the &#034;risk&#034; of starting my own business.  My career counselor at NIU would be so ashamed of me.  To his extreme disappointment, I have not been a walking disaster.  </p>
<p>During the worst economy since the 1930s, my first year in business, I grossed more than I made at any job professional or not in my adult life.</p>
<p>Risking the emotional abuse of a corporation and putting all your eggs in one client&#039;s (the boss&#039;s) basket is more financially risky than investing my services in 100 clients who are ordinary people.  If one customer doesn&#039;t like me, I lose 1/100th of my income, not 100 percent if my corporate boss doesn&#039;t like the color of my eyes and lets me go. Not everyone likes my work, but I feel I&#039;ve achieved more than fair results 80 to 90 percent of the time in court.</p>
<p>The people I work for now look up to me as their hero &#8212; all of my corporate bosses in journalism and law viewed me as a suspect making sure I wasn&#039;t wasting the money they paid me.</p>
<p>The baby boom idea that working for a corporation your entire life is the way to go is so outdated and unrealistic in this economy.  It is FAR more risky to work for a corporation.  You&#039;re investing ALL your services and potential income in ONE person/organization.</p>
<p>I&#039;d rather have 100 clients paying me a bit of money coming and going.  Its a far more stable life.</p>
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		<title>By: Indy Total Construction</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-221520</link>
		<dc:creator>Indy Total Construction</dc:creator>
		<pubDate>Wed, 24 Feb 2010 08:21:27 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-221520</guid>
		<description>Starting a business is always been risky, a business man have to be brave enough to handle any situation.</description>
		<content:encoded><![CDATA[<p>Starting a business is always been risky, a business man have to be brave enough to handle any situation.</p>
]]></content:encoded>
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		<title>By: seo</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-220729</link>
		<dc:creator>seo</dc:creator>
		<pubDate>Sat, 13 Feb 2010 17:14:08 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-220729</guid>
		<description>I love your optimism. If I am hooked to your blog, it&#039;s your optimimistic thinking that is behind it.</description>
		<content:encoded><![CDATA[<p>I love your optimism. If I am hooked to your blog, it&#039;s your optimimistic thinking that is behind it.</p>
]]></content:encoded>
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		<title>By: matchmaker</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-218564</link>
		<dc:creator>matchmaker</dc:creator>
		<pubDate>Tue, 19 Jan 2010 03:53:03 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-218564</guid>
		<description>Those sound so delicious!! Love cherry and white chocolate together!</description>
		<content:encoded><![CDATA[<p>Those sound so delicious!! Love cherry and white chocolate together!</p>
]]></content:encoded>
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	<item>
		<title>By: Ahhhh!!! :-O &#171; woah!</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-216727</link>
		<dc:creator>Ahhhh!!! :-O &#171; woah!</dc:creator>
		<pubDate>Tue, 22 Dec 2009 12:28:36 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-216727</guid>
		<description>[...] after what it is to be called the Dark Ages, now at 29, with a very brilliant young woman. There is not as much risk involved as we think, it´s always worth trying&#8230;even to have a side plan, as a plan B, while [...]</description>
		<content:encoded><![CDATA[<p>[...] after what it is to be called the Dark Ages, now at 29, with a very brilliant young woman. There is not as much risk involved as we think, it´s always worth trying&#8230;even to have a side plan, as a plan B, while [...]</p>
]]></content:encoded>
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		<title>By: Anirban Deb</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-105517</link>
		<dc:creator>Anirban Deb</dc:creator>
		<pubDate>Fri, 03 Aug 2007 17:53:00 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-105517</guid>
		<description>I love your optimism. If I am hooked to your blog, it&#039;s your optimimistic thinking that is behind it.</description>
		<content:encoded><![CDATA[<p>I love your optimism. If I am hooked to your blog, it&#039;s your optimimistic thinking that is behind it.</p>
]]></content:encoded>
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		<title>By: Fred C. Wagner</title>
		<link>http://blog.penelopetrunk.com/2005/11/13/starting-a-business-is-less-risky-than-it-seems/comment-page-1/#comment-30885</link>
		<dc:creator>Fred C. Wagner</dc:creator>
		<pubDate>Sat, 17 Feb 2007 17:01:07 +0000</pubDate>
		<guid isPermaLink="false">http://lolindrath.dyndns.org/lolindrath/wordpress/2005/11/13/starting-a-business-is-less-risky-than-it-seems/#comment-30885</guid>
		<description>Send me more info on how I can sell from my home computer. I would like to sell Surf products from my home. Send me some advice on how to do it without losing your shirt.</description>
		<content:encoded><![CDATA[<p>Send me more info on how I can sell from my home computer. I would like to sell Surf products from my home. Send me some advice on how to do it without losing your shirt.</p>
]]></content:encoded>
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