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And owning a business can be a great way tomake money, but it takes a lot of work.
But it can be, for the right people, unbelievably rewarding.
Are you one of those people?
Here are five ways totell if you have what it takes to run your own business.
Just because youre good at something doesnt mean you know how to run a business, she said.
Running a business ismarketing, business developmentand outreach.
It will allow you to build savings without a significant financial cost.
Building multilevel, multimillion-dollar companies doesnt happen by accident, he said.
Ive worked with franchisees and other business owners.
One thing I found is that some people dont want to cut out any of the good stuff.
But what they dont understand is that that the good stuff is a distraction.
Siggins said he sold his boat and his motorbike when he co-foundedAmerican Gutter Monkeysin 2014.
Be single-mindedly focused on building your business, he said.
If you lack knowledge, then what you need is information, Scully said.
You might do a course that will teach youbookkeeping or social media.
A coach can say, Heres the shape of what youre working on.
You probably need to go find a little more help here.
Its a big part of the strategy of how that fits together.
But nothing could be further from the truth, Scully said.
Its overwhelming, she said.
Not everyone should be running their own business.
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