Comments on: Guest post: How to start a business if you know nothing about business http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/ Advice at the intersection of work and life Sun, 08 Nov 2009 06:05:50 -0600 http://wordpress.org/?v=abc hourly 1 By: Reena http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-208431 Reena Thu, 08 Oct 2009 12:04:41 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-208431 I would rather not take the risk of starting a business that I don't know anything about it. Usually, starting a business itself is a risk, plus we are just adding more risk of success there. Of course, your points given definitely adds more value towards confidence from customers but never stop learning about our business will lead in proper way, I guess. I would rather not take the risk of starting a business that I don't know anything about it. Usually, starting a business itself is a risk, plus we are just adding more risk of success there. Of course, your points given definitely adds more value towards confidence from customers but never stop learning about our business will lead in proper way, I guess.

]]> By: Al http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-207442 Al Tue, 06 Oct 2009 18:49:03 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-207442 Very sound advice! In my experience, it is better to start your business earlier in life than to "wait". As people settle into life, it is much more difficult to take the percieved risk of business ownership. I have been self employed for many years, and do not envy the 9-5'ers. For what it is worth, anyone considering a new businesses should look into contracting with the government. As most businesses are laying off, the government is still "hiring" by spending billions annually on contracts. My site has more information, it is http://www.contractingriches.com Good Luck... Al Very sound advice! In my experience, it is better to start your business earlier in life than to "wait". As people settle into life, it is much more difficult to take the
percieved risk of business ownership. I have been self employed for many years, and do not envy the 9-5'ers. For what it is worth, anyone considering a new businesses should look into contracting with the government. As most businesses are laying off, the government is still "hiring" by spending billions annually on contracts. My site has more information, it is http://www.contractingriches.com

Good Luck…
Al

]]> By: Abije Y Oblenghuo http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-186048 Abije Y Oblenghuo Wed, 20 May 2009 14:48:32 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-186048 This is excellent Ben. I would add that you should go for a turn-key or pre-setup business like the kind you find at www.myturnkeybusiness.com or max soutter's business setup kit (www.bizsetup.wordpress.com) if you live in South Africa/ Zimbabwe. I've found these services extremely helpful especially when i started my first financial consulting business. This is excellent Ben. I would add that you should go for a turn-key or pre-setup business like the kind you find at http://www.myturnkeybusiness.com or max soutter's business setup kit (www.bizsetup.wordpress.com) if you live in South Africa/ Zimbabwe. I've found these services extremely helpful especially when i started my first financial consulting business.

]]> By: How to use Twitter to test a business idea. « Benjamin T. Wilcox http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-182882 How to use Twitter to test a business idea. « Benjamin T. Wilcox Sun, 22 Mar 2009 23:35:10 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-182882 [...] your tweet.  As stated in several articles written by Ben Casnocha, this paranoia shows only that you are “naive” in regards to the actual work required to start a [...] [...] your tweet.  As stated in several articles written by Ben Casnocha, this paranoia shows only that you are "naive" in regards to the actual work required to start a [...]

]]> By: George http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-179486 George Fri, 16 Jan 2009 18:43:30 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-179486 These are some great tips for anyone who is starting off in business. Success in business comes with preparation and determination. It is a bout creating a construct in which "luck" could thrive. At the end of the day the more you work at it the better you will get! These are some great tips for anyone who is starting off in business. Success in business comes with preparation and determination. It is a bout creating a construct in which "luck" could thrive. At the end of the day the more you work at it the better you will get!

]]> By: sdfsd@dsfsdf.com http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-172777 sdfsd@dsfsdf.com Sun, 09 Nov 2008 06:56:26 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-172777 Ben, I just lost all respect for you. Why would sink so low as to blog on Brazen Carrerist? This blog is terrible, and just makes you look bad. Ben,

I just lost all respect for you. Why would sink so low as to blog on Brazen Carrerist? This blog is terrible, and just makes you look bad.

]]> By: Larkland Morley http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-106965 Larkland Morley Thu, 30 Aug 2007 04:47:41 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-106965 Very good general. Especially in the area of having a team to help along the way Very good general. Especially in the area of having a team to help along the way

]]> By: Tarek Demiati http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-105246 Tarek Demiati Tue, 31 Jul 2007 13:36:41 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-105246 +1 for reading a lot of books about Entrepreneurship : One of my favourites one being "The Art Of The Start" from Guy Kawasaki. It's a master piece, I highly recommend it. I'm also a strong believe that entrepreneur should have strong moral values & ethics, therefore I can't agree more with Guy Kawasaki, try becoming a Mensch : http://blog.guykawasaki.com/2006/02/how_to_be_a_men.html Too often entrepreneur are too often portrayed as greedy escrow, this need to be adressed. HINT : Penelope, this could make a great article in itself : Ethics in the (cinycal?) corporate world :-) +1 for reading a lot of books about Entrepreneurship :

One of my favourites one being "The Art Of The Start" from Guy Kawasaki.
It's a master piece, I highly recommend it.

I'm also a strong believe that entrepreneur should have strong moral values & ethics,
therefore I can't agree more with Guy Kawasaki, try becoming a Mensch :
http://blog.guykawasaki.com/2006/02/how_to_be_a_men.html

Too often entrepreneur are too often portrayed as greedy escrow, this need to be adressed.

HINT : Penelope, this could make a great article in itself : Ethics in the (cinycal?) corporate world :-)

]]> By: What’s the hardest thing about doing a startup? » ColoradoStartups.com http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-79436 What’s the hardest thing about doing a startup? » ColoradoStartups.com Thu, 31 May 2007 07:18:41 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-79436 [...] Except that talking about what you’re going to do is really different from doing it. So you have to harbor a bias towards action, and you have to start doing. That starts the clock. That starts the learning. [...] [...] Except that talking about what you're going to do is really different from doing it. So you have to harbor a bias towards action, and you have to start doing. That starts the clock. That starts the learning. [...]

]]> By: Philip Baddeley http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/comment-page-1/#comment-75815 Philip Baddeley Thu, 24 May 2007 09:20:44 +0000 http://blog.penelopetrunk.com/2007/05/21/how-to-start-a-business-if-you-know-nothing-about-business/#comment-75815 This is great advice. Get out and talk to the market. People also need to think about equity and which journey they want to take. Equity Fingerprint is a free business plan resource on equity distribution. If they want to do a facebook, Bebo or Skype they need to raise millions of VC funds. Facebook is up to $38million from more than four investors. Bebo has Benchmark on board. The more "customer engagement" you have, the better the deal with the VCs. Hat tip: Geoff Jones www.geoffjones.com This is great advice. Get out and talk to the market. People also need to think about equity and which journey they want to take. Equity Fingerprint is a free business plan resource on equity distribution. If they want to do a facebook, Bebo or Skype they need to raise millions of VC funds. Facebook is up to $38million from more than four investors. Bebo has Benchmark on board. The more "customer engagement" you have, the better the deal with the VCs.
Hat tip: Geoff Jones http://www.geoffjones.com

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