You would be out of your mind to start a business in today's economy. With the economic uncertainty that lies ahead and the unemployment as high as it is, I have to question why anyone would start a business today. Could it be because unemployment is so high that people start their own business? A lot of people become consultants in their respective field, but who are they consulting? It is no secret that the economic outlook is dismal at best.
I have some friends that started a retail business and another one is opening a restaurant. The money to start businesses like these is not cheap. You have rents, equipment, insurance, payroll, inventory, utilities and the list goes on. You have a great deal invested before you even open the doors and in this economy? These are brave souls that have one thing in common....passion for what they believe in. However, passion can get you so far with a lot of money on the line.
The other challenges you face in opening your own business is the skill to run a business. There are a lot of people that come out of corporate America and believe they have the skills to run their own business. The truth is that running your own business is more than selling a product or good service. If you know how to bake pies and your good at it doesn't mean you know how to deal with suppliers and employees. There is so much involved in running a business and I know because I'm a partner in a small business. We have been in business for 10 years and have faced many challenges and basically learned on the fly. I wouldn't recommend that today especially if you have your nest egg on the line.
There is, however, another alternative to starting your own business with a low investment and it is a growing industry called Network Marketing. So many people don't view this as a legitimate alternative and yet there are people making fantastic money and creating time freedom without having to have the skills of running a conventional business. This is, according to Robert Kiyosaki, as the "Business of The 21st Century." He is the guy that wrote, "Rich Dad Poor Dad" which has sold over 25 million copies throughout the world. In the book he describes the benefits of this industry and how it teaches you real world business skills that you will never find in your 9-5 job. If you want to start a business today with minimal investment and risk then I would highly recommend the Network Marketing industry. The first thing you must do is find what you are passionate about. Don't get involved with a company because they tell you can make a lot of money in a short amount of time. I'm here to tell you that is not going to happen. Find a company that is ethical, has great products, an excellent management team, a great culture and a vision besides making money.
There are companies out there and I found one that has everything I was looking for. Isagenix has provided me with everything I need to become successful in this industry which includes the products, training, management team and culture. When you surround yourself with like minded people who want to make a difference in the world of health you have a powerful environment. An environment you can thrive in. This company may be right for you and then again it may not be, but if you are serious about starting your own business with little investment then I suggest you check it out.
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