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03 Oct 2013 11:37

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There are many attractive benefits to becoming a solo entrepreneur. You don't have to worry about a boss looking over your shoulder, and you create your own schedule. The usual hassles of a day job, such as employees and bosses, are things you don't have to think about.

Business owners who have employees may delegate many responsibilities onto managers. Even then, though, you must have faith in the managers and make decisions about various policies. This isn't to say that being in business for yourself is perfect in every way -there are always drawbacks to everything. There's no such thing as perfection in this world, so it's a question of choosing the option that works for your personality.

Being a solo entrepreneur means you need to build relationships with key drivers in your market. The internet provides you with many tools and resources for such networking. It only makes sense to do what you can in this way. But don't make the mistake of doing all your networking online, as there are lots of possibilities for meeting people offline too.

On the internet, you miss out on many vital aspects of interaction, including body language. People don't always realize this, but they are much more influenced by body language than even by spoken language. You have to admit, face to face contact is much more powerful than reading text on the internet.

If you're hoping to turn your business into something bigger, you're going to need to be willing to step up and really take action. Don't forget that all actions start out as simple and single thoughts. A lot of people like to dream and those dreams range in size from small to big. The main test you have to pass has to do with that initial decision to act upon your dreams. In this situation you need to think big, not small, and start organizing the creation of your goals. Once your goal is in place, figure out each step you can take so that you will be able to work toward the goal on which you have decided.

Be aware of how the various people you know might be relevant in some way to your business. There can be many possible opportunities that can come about due to people you know if various contexts. You might be acquainted with quite a few people, both in your immediate vicinity and online. That is what you want to think about because influence ripples out in a circle. You don't have to actively seek new customers or partners all the time, but always be open to potential opportunities in this area. Make sure you nourish all of your existing relationships so they remain strong. Don't be shy about discussing your business with people, though you don't want to be too aggressive about it either.

All solo entrepreneurs make mistakes, but that doesn't mean you can't move past these and eventually succeed.

You have to look at the long term potential and not be concerned about temporary setbacks. Proceed cautiously at first, and test everything you do. When your business becomes profitable, you'll be glad you put in all that effort.

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