"If you want to see what children can do, you must stop giving them things." - Norman Douglas
logo

Go Back   Saving Advice > Financial Chit Chat > Personal Finance News, Articles & Blog Posts

Personal Finance News, Articles & Blog Posts Come across personal finance news, articles or blog posts that you really liked and want to share? Place them here.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 03-27-2010, 08:30 PM
jeffrey's Avatar
jeffrey jeffrey is offline
Administrator
 
Join Date: Apr 2004
Posts: 5,000
Last Blog Entry: Forum Posting Issues - Access Denied
Points: 380270.80
Donate
Default It's Easy To Start Your Own Company

Jason Fried and David Heinemeier Hansson are two of my favorite guys in the tech industry. That's mainly because they have little in common with everyone else in the tech industry. Their 10-year-old company, 37signals, makes Web software for businesses. These products are universally hailed as simple, elegant, and useful—not to mention extremely popular and profitable. Yet 37signals' software often seems like a byproduct of a larger mission. On Signal vs. Noise, their entertaining company blog, and in lectures and classes all over the country, Fried and Hansson sell a particular capitalist philosophy: You, too, can start a successful business. Now they've distilled their wisdom into Rework, a small manifesto on the art of launching and running a company in the Web age. If you've ever thought of starting your own business, consider Rework your recipe book...

Rework, by the founders of 37signals, explains that it's easy to start your own company. - By Farhad Manjoo - Slate Magazine
Reply With Quote
  #2 (permalink)  
Old 03-27-2010, 08:54 PM
cicy33 cicy33 is offline
$ Saving College Junior
 
Join Date: Jun 2005
Location: Johnston City, IL
Posts: 1,306
Points: 11446.20
Donate
Default

absolutely it is easy to start a business. keeping it going is the hard part!
Reply With Quote
  #3 (permalink)  
Old 03-29-2010, 07:23 PM
cni2010 cni2010 is offline
$ Saving First Grader
 
Join Date: Mar 2010
Posts: 8
Points: 85.00
Donate
Default

I think the hardest part about starting your own company are dealing with the short-term losses like leaving your current job that is paying you well and having no income for a while.

That's why I really think the ideal time to start a company is when you're in high school or college because you don't have much responsibility (really! looking back was school that tough?) and a lot more free time. Once you start working it's hard to find time to get a side company going. So you have to quit your job and focus on it full time and that's hard to do because of the fear of failure, lost time and money.
Reply With Quote
  #4 (permalink)  
Old 05-27-2010, 12:00 AM
johnnylord07 johnnylord07 is offline
$ Saving Kindergartener
 
Join Date: Apr 2010
Location: USA
Posts: 3
Points: 45.00
Donate
Default Re::It's Easy To Start Your Own Company

I think about to starting the company when you're in high school or college because you don't have much responsibility and at the same time quite an amount of free time.
Reply With Quote
  #5 (permalink)  
Old 05-27-2010, 04:19 AM
Shine Shine is offline
$ Saving Second Grader
 
Join Date: Mar 2010
Posts: 12
Points: 115.00
Donate
Default

Yes, its easy to start a new company.....but quite difficult to make it a success.
Good Luck
Reply With Quote
  #6 (permalink)  
Old 05-27-2010, 08:59 AM
Broken Arrow Broken Arrow is offline
Foot in mouth diseased
 
Join Date: May 2006
Posts: 4,657
Last Blog Entry: CR-48
Points: 25090.40
Donate
Default

Quote:
Originally Posted by Shine View Post
Yes, its easy to start a new company.....but quite difficult to make it a success.
Ditto.

But you know, I'm not really opposed to it, if nothing else because of all the sweet tax deductions, depending on what business you set up....
Reply With Quote
  #7 (permalink)  
Old 06-01-2010, 04:26 PM
FHA Loan FHA Loan is offline
$ Saving Fourth Grader
 
Join Date: May 2010
Posts: 27
Points: 160.00
Donate
Default

Even if you are NOT successful, in the end you will be better off because of all that you will have learned trying... Then comes the old say, "If at first you don't succeed, try, try again..."

Eventually, the odds are that you will happen onto something that works for you and your skillset.
Reply With Quote
  #8 (permalink)  
Old 06-15-2010, 10:53 AM
Johngate2100 Johngate2100 is offline
$ Saving Pre Schooler
 
Join Date: Jun 2010
Posts: 0
Points: 15.00
Donate
Default

I think that if someone is going to start his own business then it would be difficult to manage expenses in the start.but after that that would be much better and feel easy.
Reply With Quote
  #9 (permalink)  
Old 06-20-2010, 07:03 AM
maat55's Avatar
maat55 maat55 is offline
$ Saving Post Graduate
 
Join Date: Jan 2008
Location: Oklahoma
Posts: 3,481
Points: 18557.00
Donate
Default

There is a fine line between owning an business and owning your job, but it is not that difficult to grow a business part-time doing what you do for a living.

This will largley be in an service field(electrical, plumbing, carpentry, upholstery etc.). Many of these types of businesses do not require large overheads and can be started in your spare time.
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.