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	<title>Econ4U.org &#187; guy kawasaki</title>
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		<title>Self-Employment Isn&#8217;t Always Roses, Sunshine, and Syndicated Television</title>
		<link>http://econ4u.org/blog/2009/05/11/self-employment-isnt-always-roses-sunshine-and-syndicated-television/</link>
		<comments>http://econ4u.org/blog/2009/05/11/self-employment-isnt-always-roses-sunshine-and-syndicated-television/#comments</comments>
		<pubDate>Mon, 11 May 2009 21:22:34 +0000</pubDate>
		<dc:creator>Joseph</dc:creator>
				<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[Links]]></category>
		<category><![CDATA[bankrate.com]]></category>
		<category><![CDATA[blogtrepreneur]]></category>
		<category><![CDATA[guy kawasaki]]></category>
		<category><![CDATA[self-employment]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[sole proprietorship]]></category>
		<category><![CDATA[trizle]]></category>
		<category><![CDATA[working from home]]></category>

		<guid isPermaLink="false">http://econ4u.org/blog/?p=661</guid>
		<description><![CDATA[For workers stuck in a sea of cubicles, being self-employed sounds pretty appealing. After all, who wouldn&#8217;t want to work from home and start spending a lot more time in their bathrobe, watching Ricki Lake, drinking mimosas, and devising new ways to spend the buckets of cash delivered daily to their doorstep? The reality, of [...]]]></description>
			<content:encoded><![CDATA[<p>For workers stuck in a sea of cubicles, being self-employed sounds pretty appealing. After all, who wouldn&#8217;t want to work from home and start spending a lot more time in their bathrobe, watching Ricki Lake, drinking mimosas, and devising new ways to spend the buckets of cash delivered daily to their doorstep?</p>
<p>The reality, of course, is that starting a business &#8211; even a sole proprietorship &#8211; is filled with risk and hard work. So before sending off an angry &#8220;Take this job and&#8230;&#8221; email to everyone in your company directory book, here are a few links with good tips for the wannabe entrepreneur:</p>
<ul>
<li><a href="http://www.bankrate.com/brm/news/Financial_Literacy/careers/20090330_how_to_crash_your_business_a1.asp?caret=128b&amp;s=1">BankRate.com</a>:      <em>5 ways to crash your small business</em> &#8211; There are some excellent      things to remember at this link, starting with &#8220;use your head, not      your heart.&#8221; Many people go into business for themselves because they      want to do what they love without the extra baggage that comes with      working for someone else. The reality is that the baggage is      oftentimes necessary: the details of accounting for every dollar and      minute spent are ultimately important. Treat your business like you own      it, not as if it&#8217;s just a job.</li>
<li><a href="http://www.blogtrepreneur.com/2009/03/04/small-business-startup-myths/">Blogtrepreneur</a>:      <em>Small Business Startup Myths</em> &#8211; Think that with your own business      you&#8217;ll be able to just relax and wait for the money to come in because you      happen to be good at your current job? Think again. This post addresses      some of the most common fantasies/myths people have about starting their      own business.</li>
<li><a href="http://www.sun.com/solutions/smb/kawasaki.jsp?blog=five_lessons">Guy      Kawasaki</a>: <em>Five most important lessons I&#8217;ve learned as an      entrepreneur</em> &#8211; A great list from well-known tech entrepreneur and      venture capitalist Guy Kawasaki that&#8217;s primarily useful for web startups.      Two particularly stand out: <strong>Focus on Cash Flow</strong> and <strong>Try Stuff</strong>.      Early on, profitability is less important than spending money wisely and      building an interesting product or service. Don&#8217;t hamstring your great      idea because you&#8217;re focused on short-term profitability.</li>
<li><a href="http://www.trizle.com/topics/754-what-startups-get-wrong">Trizle</a>:      <em>What Startups Get Wrong</em> &#8211; Think you have a great idea that is sure      to succeed? Well, it probably won&#8217;t. And here&#8217;s why. (Thankfully, the      oft-cynical Trizle also lists some of the ways a small business can      rebound from a slow start.)</li>
</ul>
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