Tuesday, March 17, 2009

Bill Bartmann Business Tips: What Business Should Your Be In?

Are you happy with the business you are in? Do you feel that you are making a difference? Do you enjoy what you are doing? If not, then you are probably not doing what you should be doing. There is a specific reason most people go into business for themselves; and, surprisingly, it is the reason most businesses fail.

You get to pick the business you want; however, do not go into a business because you think you can make a lot of money. If you get into business for the sole purpose to make a lot of money, you are sure to fail.

Do not make the mistake of choosing something just because you look around you and see others succeeding. Pick something you’re good at; something you have enough knowledge and skills to be effective in, something you have a passion for.

Those who succeed in certain business industries have the skills, aptitude, and attributes required to be suitable for their industry; they have a desire to make a difference in a specific area of business.

Your business should be something you enjoy; not just work, creating stress and anxiety. You have your own unique talents, skills and things you’re good at. Those who succeed in business have the knowledge and skills to be qualified for the industry they choose to go into.

Ask yourself:

What are you good at?
What do you know?
What do like to do?
Do you have a passion about changing how things are done in a specific industry?
How can you make money doing what you like and what you are good at?

Do you have a “new niche” market idea or will you choose something you’ve already seen done? There are no set rules; there are thousands of businesses available; all are making money; some more than others. Look at the types of businesses that exist in your area. Realize that 99.9% of entrepreneurs will start something someone else has already done at least once.

Consider your options, educate yourself, brush up on your skills and update yourself on the mechanics of the industry you choose to go into when you start your own business. Know your passion as you focus on the purpose served by the products and services you are offering. Look at the consumer demand and consider the competition in providing the supply to your market area. Go into business for the right reasons and do what you know is right and the money will follow.

Bill Bartmann made a fortune in the debt collections business, but he did not base his choice of business to go into on how much money he would make. Bill Bartmann had a passion to make a change in the industry; his desire was to alter the intimidating techniques used in debt collecting. Through his experiences over 40 years of his business successes and failures, Bill Bartmann has learned from life’s greatest lessons.

1 comment:

  1. Know about your passion, skills and focus on the purpose served by your products and services, look of the consumers demand and consider the competition by good supply to your market area, money will surely follow you. Success will knock the door.