Small Business in a Big World

April 29, 2010

Is There Such Thing As Perfect Timing?

Filed under: Uncategorized — itbiznez @ 1:38 pm

‘[tweetmeme source=”lone_biz_owner” only_single=false]’ You need to identify a business where you’re confident demand will exist, and you have the skills and passion to succeed.

Many boomer startups aren’t entrepreneurial ventures in the traditional sense. These won’t be businesses that involve raising funds, hiring employees and renting office space. Instead, many will start out as bootstrapped self-employment operations, run on a shoestring from a home office. Even these entrepreneurs, however, need to be sure they can fund at least six months of living expenses while they wait for revenue to start coming in.

Well, there really is no perfect time to start a business. If you believe there will be long-term demand for your product or service, there’s no reason not to get started even in a down market.

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