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On Becoming a Successful American Entrepreneur
by: johnlair on
Date: Mon, 13 Dec 2010 Time: 1:37 PM
Tired of working the usual eight-hour job? Do you have plans of giving yourself and your family the good life but the idea of being an employee is not something that can realize them? Do you want to be doing something that you like doing instead of doing something that you are just being compelled to do because it’s your job to do so?
If that’s the case, then becoming an entrepreneur is definitely your passion. By becoming an entrepreneur, you will slowly but surely realize the dreams of living the good life. By becoming an entrepreneur, you will get the opportunity to do the thing that you love.
Businesses, especially small- to medium-scale ones, have been the backbone of the American economy. They contribute billions of dollars in revenue each year and provide job opportunities to millions of Americans. A lot of what was then start-up entrepreneurs eventually succeeded after taking a huge risk earlier; even some of them are recognized leaders in global commerce.
As an entrepreneur, the first rule is to start a business that appeals to your interests. Long before securing small business loans from a creditor, you must first find where your heart is. A lot of entrepreneurs who succeeded in their risk-taking venture cited one thing as the reason for their success: They are doing the thing that they really love, making the risk worth taking.
When you have already determined where your passion really lies as basis for the business that you are about to start, then the next step is for you to find capital for the business. Small business loans and other forms of credit are the usual sources of capitalization for small- and medium-scale businesses. However, if you will be able to find extra cash from your savings as an employee or an interested investor in your business, it will be much better than applying for a loan.
Perhaps after reading all the stuff here, you are now ready to engage in an adventure of a lifetime. You are now ready to start your own business based on what your interests really are. You also now have an idea on where to get capital, be it from small business loans or from a portion of your own savings. Good luck and hope to see you succeed like others before you who are now leaders of the industry.
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