Thursday, March 4, 2010

Learn to Fish Or Buy it Already Cooked?

Hi Soonoi,
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"Get Your Very Own Money Making Website… Loaded With 6
Streams Of Income... Live On Your Domain In 48 Hours Or Less..."
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A lady at one of the online work at home forums asked new people
if they would rather learn how to build a business on their own
or would they rather be
able to buy a business in a box that was all set for them to
make money with.

The answers actually surprised me. Anyway,
I'm going to share a shocking confession and then dive a little
deeper into the pros and cons of each method. I think you will
find this quite interesting.

First of all, let's start out with the shocking confession.
Even though I learned everything from the ground floor up,
and suffered a long time before making it, if I could start
all over again, I'd find myself an established business that
was for sale and buy it. I would then hire people to run it
and go off and live in my recording studio cranking out hit
tunes. But why?

Well, the answer is simple. If the end goal is to provide for
my family, and I can do this without the learning curve and
without all the suffering, why not take the easy route? There
is no shame in admitting that you prefer not to have to kill
yourself to make a living. So if you can find something that
you can just slap your name on and be done with it...why not
take the opportunity? The end result, either way, is the
same...You make money.

Okay, so what are the pros and cons of each method? Well, by
learning it all on your own and having to go through the growing
pains of figuring out what works and what doesn't, IF you reach
the point where you HAVE made it...you will actually KNOW what
you are doing.

And that is VERY important when running a
business, because things happen that, if you are not prepared
to handle, can bury you. On the downside, doing it all by
yourself, there is always a greater chance of failure simply
because not everybody can learn how to run a business.

Now, if you take the business in a box route, especially if
it's an existing business that has proven to generate money,
you don't have to worry so much about failure. There is no
learning curve. You just run it. Now, what if you have NO
business smarts?

Well, that becomes a problem if something
unforeseen happens such as a new government regulation. If
you don't know how to make the changes you need to make,
you're sunk.

Sure, you can hire people to run your business.
But what if you can't afford to at the beginning? Remember,
buying an existing business takes money and that sometimes
doesn't leave a lot for administration.

So as you can see, there are pros and cons to each. There is no
perfect world no matter what you decide to do. Ultimately, it
comes down to what YOU are more comfortable with.

Take care,

Tal Fighel
http://www.work-at-home-income-directory.com

P.S. This really works Soonoi:
http://www.work-at-home-income-directory.com/MAPS.html


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