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The Reluctant Entrepreneur: Turning Dreams into Profits
book

The Reluctant Entrepreneur: Turning Dreams into Profits

by Michael Masterson
June 2012
Beginner
166 pages
3h 27m
English
Wiley
Content preview from The Reluctant Entrepreneur: Turning Dreams into Profits

THE RELUCTANT ENTREPRENEUR IS A SMART ENTREPRENEUR

The reluctant entrepreneur wants to build his own business and become wealthy one day, but he wants to do it cautiously. He knows that however good and exciting his business idea seems to be, its profit potential is unknown until it has been tested in the marketplace.

He is ambitious and hopeful but not foolish. He realizes that he has only a limited understanding of the market he is entering, and he does what he has to do to compensate for it.

As Louis Borders and Marty Metro learned, confidence and the willingness to take a huge risk are not the keys to entrepreneurial success. What you need is a healthy dose of anxiety, a good day job, and a step-by-step plan for getting your business off the ground. The anxiety will keep you from spending all your money before you’ve given your business idea a fighting chance. The day job will keep food on the table while you test your business model. And the step-by-step plan … well, this book will help you create that plan.

FIVE BAD REASONS FOR WANTING TO START YOUR OWN BUSINESS
1. You’re currently out of work. Don’t start a business just because you think it will be easier than finding a job. You’ll be spending resources precisely when you should be conserving them. You’ll feel compelled to move along faster than you should. You won’t want to take the time to really test out your marketing strategy. Desperation is a lousy motivator. It leads to mistakes that can result in total failure. ...
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Publisher Resources

ISBN: 9781118240212Purchase book