a spare minute pops up use it to work on your business; otherwise grab the remote and keep your day job.

"I don’t have the money to start a business." Many people are under the misconception that starting a business requires piles of cash. Nothing could be further from the truth. I’d wager that many of the Forbes 100 were started for less than $10,000; many for less than $1,000. When you start a business you should do so for as little money as possible. Put what money you have toward the things that are vital and backburner everything else. Become an expert at stretching every dollar until it screams. Instead of tying up your money in inventory try to negotiate 90 day terms with suppliers. Instead of buying fancy desk chairs park your can on a milk crate until money starts rolling in. Instead of signing a lease for office space that will tie up your first born for five years work from your kitchen table.

"I don’t have the confidence to start a business." When I hear this one I know immediately that I’m talking to someone who will probably never even start a business. Let’s be honest, everyone would start their own business if they had a 100% guarantee of success, but very few people would bet the farm on starting their own business knowing that most small businesses fail within the first five years. I knew that statistic going in and so did every other entrepreneur who threw caution to the wind and dove in with both feet. Fear of failure is the number one killer of success. But understand this: if you never fail, you will never succeed.

"I don’t think I’m smart enough to start a business." If starting a business was rocket science all businesses would be owned by rocket scientists. You don’t need an MBA to start a business. Many entrepreneurs, including me, never even went to college. I drove by a college once. It looked really hard so I kept going. Business success depends more on common sense and careful planning than book smarts. Don’t cut yourself short just because you don’t have a degree on your wall or an acronym after your name.

"I don’t have the self-discipline to start a business." This is the most deadly symptom of IDS because it reveals the truth about the person making the statement. Succeeding in business is all about taking action without being told to do so. You’re the guy or gal that makes things happen. You must have the self-discipline to jump out of bed every morning ready to take on the world, which may mean calling on customers, managing employees, making important decisions, and working 18 hours straight if that’s what the day requires. If you have to be told what to do and when to do it, business is not for you.

You can overcome IDS. All it takes is a little honesty and self-realization. And sometimes a good swift kick in the pants. Consider yourself kicked.

Article Source: http://www.articles-galore.com

Tim KnoxEntrepreneur, Author, Speaker, Radio Host"Check Out Tim's New Radio Show!"www.timknoxshow.comPreorder Tim’s New Book:Everything I Know About Business I Learned From My Mamawww.timknox.com/amazon/

Products and Services mentioned in this article are available Here

         

Here are some more consultant articles...

Nippon Oil, Nippon Mining to merge
Japan's top refiner Nippon Oil Corp and sixth-ranked Nippon Mining Holdings said they are considering a merger to create the world's eighth-largest oil major to better compete amid sliding prices and slower demand
Another Goldman unit hit by decline
Goldman Sachs' plans to expand its wealth management operations have been dealt a potential setback by a dramatic decline in the value of another of its funds
Chinese group sues Vale Inco
A large Chinese battery manufacturer is suing two units of Vale, one of the world's largest mining companies, in a patent infringement case that highlights the growing number of Chinese companies using local courts to protect their interests
Harvard endowment loses $8bn in four months
The world's wealthiest university placed the decline at 22%, bringing the figure to $28.7bn and underscoring how higher education has been hard hit by the global financial crisis
Adobe slashes revenue forecast
The US software group lowers its outlook for the November quarter to $912-$915m and announces job cuts, the latest indication of how the crisis has hit the technology sector
Carlyle to cut 10% of staff as downturn bites
Private equity firm Carlyle is cutting 10 per cent of its staff in the latest indication that buy-out firms will not be immune to the meltdown in the markets
Fortress suspends Drawbridge redemptions
The listed private equity group has suspended redemptions at its flagship fund in order to maintain assets after investors sought to withdraw more than $3.5bn in funds
Vodafone to appeal against India tax ruling
The Mumbai High Court dismissed a landmark challenge by Vodafone against a $2bn tax case in a blow to the UK group and a potential setback for other companies looking to make major investments in India
EDF tries to scupper Buffett's energy bid
The French state-controlled utility launched a direct challenge to billionaire Warren Buffett with a $4.5bn bid for 50 per cent of the nuclear fleet owned by its US partner Constellation Energy
Discounts drive 15% sales jump on 'Cyber Monday'
US online retailers saw an annualised 15 per cent jump in sales on the Monday following the Thanksgiving weekend, according to early estimates, as aggressive bargains boosted traffic on the day the industry has dubbed 'Cyber Monday'
US auto union makes concessions
The main car workers' union said that it would suspend a contentious practice that allows so-called 'idled' car workers to collect virtually full pay and benefits without working
New Star agrees £240m rescue with banks
One of the UK's best known fund managers has agreed to a debt-for-equity swap deal that will leave a group of four banks, including HBOS, Lloyds TSB, HSBC and RBS, in control of the group
Iberia gives BA merger ultimatum
The chief executive of the Spanish carrier said it would be 'too complex' for BA to pursue deals with both it and Qantas of Australia
Merckle at risk of losing empire
German billionaire who lost large sums by betting on falling share prices may have to hand over control of large parts of his industrial empire to his banks.
Dassault in pledge over Thales chief role
Aircraft group will not put forward own executive should Ranque leave in wake of stake sale


On the Road Again: Technology for the Mobile Office
To have a successful mobile office, you need flexibility and the right tools. Packing for these goals is essential: have the right tools ready to go.
PowerPoint's Online Rich Media Marketplace
Look into the world of presentations and you'll find that there is a sort of evolution taking place. Not all presentations are shown in conference rooms or board meetings any more. In fact, you don't have to be physically present in a single geographic location to view presentations. There's more - it is now possible to view the same presentation in different time zones at different times and you are encouraged to collaborate in either real-time or otherwise. Enter the new world of online rich media!
Do you know the history of computer?
Like many other technological devices, computers have undergone a long evolution.
MyDoom virus and how to protect your computer from it
Remember the Sobig viruses of last year that wreaked havoc and caused significant financial damage to corporation world? Well, the first major virus of this year has potential to beat those attacks easily.