Everything Passes... Are you prepared for the Challenge?
by Chuck Crawley
So you want to start and operate your own home-based business.
Are you prepared for the challenge?
Operating your own business is more than just the basic startup
steps. A great business plan, startup capital and an outstanding
product or service can get you started. Your ability to weather
the storms of entrepreneurship is the real challenge.
Riding the
business emotional roller coaster will test your mental and
physical strength. It seems that at one moment you are riding the
High wave of success and satisfaction and the next moment you're
being beat-up by the waves of discouragement and stress.
Are you prepared for the challenge?
I started my own business several years ago marketing a financial
software product that I personally developed for a niche market.
I had no competition and very low overhead. I sold my software to
an organization that had over 5000 divisions that desperately
needed the type of software that I had developed. The perfect
business model. Man, was I riding the High wave of success and
satisfaction!
Just when I had finally stabilized my software and established a
working relationship with the divisions of this organization the
tides changed. I was approached by an officer of the major
organization about participating in a joint venture with another
Software Company. Well, I really didn't have a good feeling about
this idea, but I agreed to discuss the possibilities.
The other Software Company basically wanted me to give them
rights to my software on a trial basic with a PROMISE that I
would be compensated if they were successful. Well I told them
what they could do with that deal and things started to
completely fall apart after that. I was told that I either accept
the deal or they would proceed without me. So I took the hard
stand and refused the deal and they proceeded without me.
I had just lost my gold mine. I was betting on them failing at
trying to develop a software program that they had no expertise.
Had I made the right decision? Now I'm being beat up by the wave
of discouragement and stress. And man was it stressful! I
struggled for the next 18 months trying to reload and restructure
my business.
Just when I had finally turned my business back around again, I
got news from one of my customers that the Software Company that
had taken away my gold mine went out of business. Hallelujah I
thought. Not only did I get my foot back in the door with my
original customer base, but I also picked up a ton of customers
from the Software Company that went out of business. Again, I'm
riding the High wave of success and satisfaction.
Are you prepared for the challenge?
Everything Passes...
All you have to do as an entrepreneur is to realize that you must
always look beyond your present situation. Whether you're riding
the High wave of success and satisfaction or being beat up by the
waves of discouragement and stress, it all will pass.
Your job is to weather the storm.
Article by Chuck Crawley
Chuck has been a home-based business owner for the last 12 years
and also Editor of the ADSTPLC Newsletter. Learn Why you are missing
the BOAT Online. "Online Stealth Marketing" - Free 14 Chapter Ebook
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