Elance Blog

Your Tips For Entrepreneurs and The 4–Hour Workweek Giveaway

 

It may be stating the obvious, but the world economy hasn’t bounced back as much as many would have hoped. But according to the Kauffman Foundation Survey of Entrepreneurs, the popular opinion is that entrepreneurs are critically important to job creation and that it’s near impossible to have a sustained economic recovery without continued entrepreneurial activity. In a 10-year study conducted by the Kauffman Foundation, in 2009, an average of 558,000 new businesses were created per month in the United States alone--that’s a 14-year high. We know many of you are small business owners and entrepreneurs yourselves, so we pose this question:

What is the best tip you can give to someone starting their own business?

We want to know what you think, so head over and add a comment to this post on our Facebook Page. We’ll be giving away copies of Tim Ferriss’ bestselling book “The 4-Hour Workweek” randomly to five people who share their answers with us. Don’t delay—the cutoff for responses is Friday, January 21st at 6pm Pacific Standard Time, and we will announce the winners on Monday, January 24th.

Please check back then, as we’ll be posting some of the best responses, along with the winners, right here on the Elance Blog.

We’re looking forward to all of your tips!

 

Comments

The best advice I could give is...DON'T quit your day job. Start with realistic goals in mind. Don't let your own ideas put you and your livelihood at stake. Instead, figure out how to apply your skills, knowledge, and passion into something that begins to generate a stable residual income. Keep it focused; keep it simple. Work on a seemingly "easy" goal - such as turning your lunch hours into profitable ventures. Focus on that goal and build it up. From that point forward, you can always take on more work and eventually work toward phasing out your current (read as steady) income.

Don't be a 'know-it-all" - it's lonely...and you don't. In other words, ask for help advice and support early and often - no one expects you to have it all together as you start a new business (except maybe you!). Bring your passion, your plan and your skills, and then get help or advice when and where you need it.

ok, here is the best tip for someone who starts a business....sign up on ELANCE ! although you have to work on the key parts of the business(at least at the beginning, I would say for an year or so ), you can find a provider to help you with repetitive tasks that just time consuming and can be done by so many other people!

the new" 4 Hour Body " by Tim Ferriss also has great info !

Work with Honesty and Dedication as this is one Place were people go by Trust and give you works

I have attempted to leave a Facebook comment but it would not allow it. So here is some advice of mine that relates. http://honestworks.wordpress.com/2011/01/15/pr-lesson-one/

I know this isn't a new concept but: Once you have your clear plan and direction, SEE yourself succeeding every day. Be ready to handle the highs and the lows with the same enthusiasm and commitment to do better. Listen to your customers and be ready to change; life happens while you're planning other things; embrace it.

The popular opinion on this is that entrepreneurs are critically important to job creation and that it’s near impossible to have a sustained economic recovery without continued entrepreneurial activity.

pinterest how to get followers